Argentina

• Wednesday, April 30th 2014 - 03:49 UTC

  Holdout hedge funds admit they prefer to negotiate with whoever succeeds Cristina Fernandez

  

  Elliot Management Hedge Fund claimed on Tuesday that President Cristina Fernández administration refuses to negotiate a solution over Argentine debt in default, stating that they would prefer to seek a solution with the head of state's successor in 2015.

• Wednesday, April 30th 2014 - 03:22 UTC

  Argentina's “Blue Pampa” project to research and develop South Atlantic resources

  

  The recently launched “Blue Pampa” project is a ten-year 'strategic initiative' with the purpose of researching South Atlantic resources in five different areas to ensure conservation and management, plus reinforce Argentine sovereignty with inter-disciplinary campaigns and inter-ministerial support, according to Argentina's Science, Technology and Productive Innovation ministry.

• Tuesday, April 29th 2014 - 06:31 UTC

  Argentina and Brazil plan to prop economies by stimulating the auto industry

  

  Argentine Economy Minister Axel Kicillof and Industry Minister Débora Giorgi fly to Brasilia on Tuesday in a bid to swing the automobile trade balance in Argentina’s favor, with the sector accounting for the majority of a total 3.15 billion dollars trade deficit. From Brazil Finance minister Guido Mantega confirmed bilateral discussions on the auto industry and exports.

• Tuesday, April 29th 2014 - 06:27 UTC

  Pope/Cristina Fernandez relation is 'fluid and direct with no intermediaries'

  

  The relationship between Argentine President Cristina Fernández and Pope Francis “is fluid and direct” with a “permanent dialogue and no intermediaries,” Religion Secretary Guillermo Oliveri told a Buenos Aires radio on Monday from Rome, where he attended Sunday's canonization ceremonies for John Paul II and John XXIII.

• Tuesday, April 29th 2014 - 06:20 UTC

  Timerman in Israel to rebuild relations deteriorated because of Iran accord

  

  Argentine Foreign Minister Héctor Timerman began a two-day visit to Israel on Monday that aims to strengthen the diplomatic ties weakened last year after the signature in Buenos Aires of the memorandum of understanding with Iran for the investigation of AMIA bombing.

• Monday, April 28th 2014 - 08:09 UTC

  Cristina Fernandez preparing for the day after October 2015 elections

  

  Argentine president Cristina Fernandez faithful participated on Sunday in a major political rally to celebrate the eleventh anniversary of Nestor Kirchner's victory in the 27 April 2003 elections, but also to indicate how the incumbent Victory Front will be acting ahead of, and after the October 2015 presidential election, to ensure the Kirchner political legacy.

• Saturday, April 26th 2014 - 06:08 UTC

  Argentine Malvinas Solidarity Day, proposed by the Central American parliament

  

  The Central America Parliament (Paralacén) International Relations and Migratory Affairs committee unanimously approved on Thursday an initiative to promote in the region the 10th of June as the “Day of Central American solidarity with Argentine Malvinas Islands”.

• Saturday, April 26th 2014 - 06:00 UTC

  Malvinas 'sooner than later' will return to Argentina, forecasts Maduro

  

  Venezuelan president Nicolás Maduro forecasted that “sooner than later, the Malvinas Islands will return to the hands of the Argentine people” and recalled that during the recent Celac summit in Cuba (Community of Latin-American and Caribbean States) Latin-American was declared “a territory of peace and free of colonialism”.

• Saturday, April 26th 2014 - 05:57 UTC

  Argentina's industrial production and trade surplus falls point to recession

  

  Argentina's industrial production contracted 6% in March from the same month last year, the government said on Friday, marking the sixth consecutive monthly loss in factory output due in part to weakness in the auto-making sector. In another report released on Friday Argentina's trade surplus contracted dramatically, indicating the country could be effectively heading for a recession.

• Friday, April 25th 2014 - 06:04 UTC

  After a long debate, Argentine Congress approves Repsol/YPF agreement terms

  

  After a 16-hour debate, Argentina's Lower House passed the law to pay Spanish Repsol 5 billion dollars in bonds to compensate for the 2012 seizure of a majority stake in Argentina's energy company YPF.