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MercoPress, en Español

Montevideo, March 5th 2026 - 19:28 UTC

Argentina

  • Saturday, February 6th 2016 - 07:57 UTC

    Pollack statement: “pleased to report that enormous progress has been made”

    I have personally spoken today by telephone to President Mauricio Macri and, earlier in the day, to Minister of the Economy Alfonso Prat-Gay.

    Daniel A. Pollack, Special Master presiding over settlement negotiations between the Republic of Argentina and its “holdout” Bondholders issued the following statement today (Friday, Jan 5):

  • Saturday, February 6th 2016 - 07:00 UTC

    Argentina close to a full agreement with holdouts: US$ 6.5bn offer to end the litigation

    “The agreement was awesome,” Caputo said in New York. “We have had a good reception of the proposals and I feel optimistic.”

    Argentina offered a $6.5 billion cash payment to creditors suing the country over defaulted bonds on Friday, seeking to end an exhausting 14-year legal battle, “the sovereign debt trial of the century”, that transformed the country into a financial markets pariah. Two out of six leading bondholders have already accepted the offer, the U.S. court-appointed mediator said, hailing the proposal by Argentina's new, business-friendly government as an “historic breakthrough”.

  • Saturday, February 6th 2016 - 06:22 UTC

    Falklands' population in 'constrictive' trend, says Argentine team on the field

    “There are few children and the fertility rate is low” says Gustavo Peretti, head of UNL's Geography Department who travelled to Falklands with Mariano Varisco.

    The Falklands' population composition can be described as 'constrictive' since there is a tendency to ageing in the population pyramid, in other words there are more elderly people than children. Comments belong to a member of an Argentine team of geography and migration experts from a university in Santa Fe province (Universidad Nacional del Litoral, UNL), who have been granted scholarships to collect such data from the Islands, based on a project the team presented.

  • Friday, February 5th 2016 - 08:22 UTC

    Strong support message from S&Ps for Argentina's economic reforms

    “We are raising our long-term unsolicited local currency rating to 'B-' from 'CCC+'. Likewise transfer & convertibility (T&C) assessment to 'B-' from 'CCC-'.

    Standard & Poor's ratings agency says that Argentina’s new administration has presented a credible plan to deal with long-standing macroeconomic imbalances, eliminated foreign-exchange restrictions, and begun negotiations with its holdout creditors. The outlook on the local currency rating is stable, reflecting the new economic policies of the Administration, but also the potential difficulties in passing and implementing those plans.

  • Friday, February 5th 2016 - 08:15 UTC

    Ushuaia has received 58.000 cruise visitors since 15 September; “Queen Mary” expected next week

    The largest number of visitors was concentrated in January, with an estimated 25.000, and this weekend promises to be equally busy with 10.000 passengers.

    An estimated 58,000 cruise visitors have landed in Ushuaia, extreme south of Argentina during the current 2015/16 season which took off last 15 September, according to the Tierra del Fuego Tourism Institute. The largest number was concentrated in January, with an estimated 25.000, and this weekend promises to be equally busy with several vessels calling with 10.000 passengers.

  • Friday, February 5th 2016 - 07:35 UTC

    Argentina's main opposition force will attempt unity with party elections on May 8

    “It’s important that the people don’t resign themselves to a lower quality of life,” said former Victory Front (FpV) presidential candidate Daniel Scioli

    Argentina's main political force, Peronism, under the Justicialista party banner, announced that the party's elections will be held on 8 May, while the members of the electoral board set to oversee the election would be chosen during a meeting in Buenos Aires on February 24.

  • Friday, February 5th 2016 - 06:40 UTC

    Argentine government creates registry to weed out hooligans from football

    Fans involved in violent instances in the past will be placed on a list that includes full names, DNI number, favoured teams and reason for the measures

    The Argentine government officially unveiled the National Registry for Admission to Football Matches. The measure was announced by the Security Ministry, which released a statement saying they “needed the cooperation from the clubs affiliated with the Argentine Football Association (AFA), who will bring us the names of the people who are not allowed to attend soccer matches.”

  • Friday, February 5th 2016 - 06:27 UTC

    Chilean government condemns vandalism by fans at Malvinas Memorial in Rosario

    Ambassador Jose Antonio Viera-Galo received the director of the Flag Monument, Hernan Colautti and war veterans to whom he delivered the official letter

    The Chilean ambassador in Buenos Aires met with Malvinas war veterans and the head of the National Monument to the Flag in the city of Rosario, and delivered an official letter condemning the violent actions and destruction by fans from the University of Chile football team against a Memorial to the Malvinas fallen.

  • Thursday, February 4th 2016 - 07:21 UTC

    Kirchnerite opposition splits; Macri now has the main block in the Lower House

    The rupture within former President Cristina Fernandez's Front for Victory (FPV) party was confirmed by party chief Hector Recalde

    Argentina's main opposition party suffered a split on Wednesday after an estimated fifteen of its lawmakers quit, party leaders admitted, handing a boost to newly-elected President Mauricio Macri's hopes of pushing his legislative agenda through Congress. In effect, Macri's political alliance in the Lower House becomes the majority grouping.

  • Wednesday, February 3rd 2016 - 07:23 UTC

    Argentina agrees to pay Italian bond holders including “a reasonable interest”

    Prat-Gay said the deal with Italian bondholders is a step toward “closing the gap with the firmest litigants,” that is, hedge funds headed by magnate Paul Singer.

    Argentina announced Tuesday that it reached a $900 million preliminary accord to settle its pending debt with 50,000 Italian holders of defaulted Argentine government bonds. Finance minister Alfonso Prat-Gay said that the agreement with Italian bondholders includes the Argentine government's acknowledgement of the debt “and reasonable interest”.