Argentina

Thursday, January 30th 2014 - 05:53 UTC
Malvinas Affairs official meets with Decolonization Committee Bureau

Following on an initiative from the standing Bureau of the United Nations Special Committee on Decolonization, Argentina's Secretary Related to Malvinas and other South Atlantic Islands Affairs, Daniel Filmus held a meeting with its members on Tuesday at UN headquarters in New York.
Wednesday, January 29th 2014 - 22:38 UTC
Brazil can't be hostage of Argentina or Venezuela in Mercosur/EU trade negotiations

The Brazilian government is determined to advance with negotiations for a trade agreement between Mercosur and the European Union even if it means leaving Argentina for a second phase of the process, according to sources from Itamaraty, the country's foreign ministry, reported in the Rio do Janeiro media.
Wednesday, January 29th 2014 - 21:36 UTC
Hedge fund boss Singer rejects as 'bizarre' Argentine bondholders offer

Paul Singer, head of Elliot Management Corp., defined as “bizarre”, the bondholders’ offer to resolve judicially the dispute with Argentina over the debt in default from 2001, during in a letter sent to investors and published by Bloomberg News.
Wednesday, January 29th 2014 - 21:00 UTC
New York Times blasts Cristina Fernández: “Argentina on the brink”

The New York Times published on Wednesday a very strong editorial criticizing the misguided policies of the government of President Cristina Fernandez, arguing that once again 'Argentina is on the brink”.
Wednesday, January 29th 2014 - 06:51 UTC
Argentine foreign money market operating at 8.015 Pesos to the US dollar

For second day running the Argentine foreign money market reacted with normality with the official rate of the US dollar closing at 8.015 Pesos, while the so called 'reference dollar' for savings traded at 9.62 Pesos and the 'blue' or parallel climbed 35 cents to 12.50 Pesos.
Tuesday, January 28th 2014 - 22:44 UTC
Hedge fund CEO says that dispute with Argentina could be settled 'in an afternoon'

Paul Singer, CEO of hedge fund Elliott Management Corporation and who is litigating Argentina demanding full payment of defaulted bonds described Argentina's government policies as 'horrendous' and stated that 'talking' he could settle the dispute 'in an afternoon'.
Tuesday, January 28th 2014 - 05:34 UTC
NY Times: the influential Minister behind Argentina’s economic shift

The following piece from The New York Times, written by Simon Romero and Jonathan Gilbertjan gives an insight into the life and thinking of the most powerful Economics minister Argentina has had in a decade: Axel Kicillof and the brains behind the current rather eclectic policies.
Tuesday, January 28th 2014 - 05:05 UTC
Argentine market cautious reaction to new rules on foreign exchange and dollar savings

In what promises to be a week of surprises as the Argentine government unfolds measures to contain the price of the US dollar, this Monday the peso held relatively stable after last week's sharp devaluation. While the official rate remained unchanged at 8.01 Pesos for a greenback, in the parallel market it climbed to 12.15 Pesos.
Tuesday, January 28th 2014 - 04:36 UTC
Cristina Fernandez has lunch with Fidel Castro and blasts banks' “speculative practices”

Argentine President Cristina Fernández used her personal Twitter account to blast figures in the banking and financial industries, which according to the head of state used speculative practices to send Argentina into default in 2001.
Monday, January 27th 2014 - 16:48 UTC
Falklands Islands, CELAC and the right to self-determination

By Tim Cole - This week the CELAC Summit will be held in Havana and the Cuban government will be in charge of finalizing the language in the Summit declarations. Inevitably there will be one on the Falkland Islands and I suspect it will ignore the referendum held on the Islands last year when 99.8% voted in favor of the Islands remaining an Overseas Territory of the United Kingdom.