Following the first round of presidential elections in Argentina on Oct. 25, which the ruling party won by a lower-than-expected margin, credit rating agency Moody's Investors Service upgraded on Monday the country's debt rating to stable from negative.
One of the wealthiest and most influential Republican donors — who also happens to be in the midst of a legal battle with Argentina over defaulted-debt — is throwing his support behind the presidential campaign of US Republican Senator Marco Rubio of Florida, according to a New York Times report.
The President of the International Committee of the Red Cross (ICRC), Peter Maurer, met on Monday with representatives of the authorities of the United Kingdom and of the Falkland Islands to discuss a process seeking to identify the remains of a number of unidentified Argentine soldiers buried at Darwin cemetery in Falklands/Malvinas Islands.
The outgoing government of president Cristina Fernandez reinstated benefits for all exports that are handled through Patagonian ports. Decree 2229/15 published in the Federal Gazette establishes the extent and percentage of benefits, for the next five years, as long as they are shipped from ports and customs to the south of the Colorado River.
Argentine opposition candidate Mauricio Macri accused the ruling party of fear mongering after a weekend barrage of online attack ads warned he would throw people off welfare and reduce living standards by devaluing the currency. The same kind of spots were reiterated during the final match of the Argentine football league.
Following claims of 'friendly fire', cracks are clearly surfacing in the Argentine ruling coalition strategy to conquer lost ground in the 25 October presidential vote which has forced a runoff on 22 November. Daniel Scioli was expected to beat his runner up by almost ten votes, but this did not happen, in effect Mauricio Macri was defeated by a mere 2.5 percentage points and his PRO party won the governorship of the strategic Buenos Aires province, Argentina's main electoral district.
Cardiff South and Penarth MP Stephen Doughty has become the shadow minister responsible for Africa, South Asia and the Falkland Islands, reports Walesonline. The Labour MP takes on the role at a time when the UK is responding to the migrant crisis in North Africa and tensions have heightened between Britain and Argentina over the future of the Falklands, the Islands which he plans to visit early next year.
US judge Thomas Griesa on Friday accepted the priority repayment claims of hundreds more Argentine bondholders who did not join a huge debt restructuring. The ruling, on 49 complaints representing debt worth $6.1 billion, added fresh pressure on Buenos Aires which has refused to pay off two hedge fund creditors that already won court support for their claims.
Argentina's outgoing leader Cristina Fernandez gave an emotional campaign speech on Thursday in her first public address since a surprisingly weak performance by her handpicked candidate in the first-round presidential election on Sunday. Without mentioning allied candidate Daniel Scioli by name, the outgoing president implicitly backed him by calling for support for her progressive social policies to go on after she hands the presidency over to her successor in six weeks.
Tierra del Fuego governor Fabiana Ríos and members of the Malvinas Observatory met at Ushuaia government house to thank Ushuaia Bureau for the design and elaboration of the Malvinas Cause pamphlet which outlines the Argentine position in the Falklands Islands sovereignty claim and will be released later in the week.