Argentina

Wednesday, October 1st 2014 - 07:05 UTC
China's reiterates support for Argentina in sovereign debt and Malvinas issues

Beijing's new ambassador before the Argentine government underlined the excellent relations between the two countries and reiterated China's support to Argentina in the issue of sovereign debt and claims over the Falklands/Malvinas Islands.
Tuesday, September 30th 2014 - 22:50 UTC
Argentina/China trade forecasted to boom in Yuan-denominated operations

Trade between Argentina and China could see a rise in Yuan-denominated operations after the bilateral currency swap deal that was sealed earlier this year, according to key leaders of the Sino-Argentine business community in Buenos Aires.
Tuesday, September 30th 2014 - 07:00 UTC
Cristina Fernandez claims US is responsible for Judge Griesa's decision

President Cristina Fernandez said US Judge Thomas Griesa decision to declare Argentina 'in contempt of court' in the dispute with speculative funds, was in violation of international law, the UN chart and the OAS (Organization of American States) chart.
Tuesday, September 30th 2014 - 05:11 UTC
Argentine reserves below 28bn dollars; bonds payments of 170m on Tuesday

The informal of “blue” dollar in Argentina fell back 15 cents to 15.55 Pesos after it skyrocketed 75 cents last week and scraping 16 Pesos. The formal US dollar meantime advanced three cents to 8.49 Pesos at the end of trading in Buenos Aires City banks and foreign exchange offices. The gap between the two rates dropped to 83.9%.
Tuesday, September 30th 2014 - 01:15 UTC
Brazil suspends Vietnam pangasius import licenses because of sanitary reasons

The temporary ban imposed by the Brazilian government on Vietnamese pangasius (Pangasius spp.) imports because of sanitary reasons and lack of phyto-sanitary controls, represents a great opportunity to increase Argentine hake (Merluccius hubbsi) shipments to the leading Mercosur partner.
Monday, September 29th 2014 - 22:26 UTC
Ambassador Castro thanks British unions for support in 'vulture funds' and Malvinas disputes

In a speech delivered to over three hundred trade union delegates, Argentine ambassador in London Alicia Castro thanked the British unions for their support in fighting the 'vulture funds' and in backing the call for dialogue on the question of the Falklands/Malvinas, while praising progress made by Argentina regarding the role of women.
Monday, September 29th 2014 - 21:16 UTC
Judge Griesa declares Argentina in contempt of court, but deferred financial penalties

New York district judge Thomas Griesa declared on Monday Argentina in contempt of court, due to the country's actions in attempting to change debt jurisdictions as a result of the ongoing judicial conflict with holdout investors presided over by the US magistrate.
Monday, September 29th 2014 - 09:09 UTC
Record soybean and wheat crops forecasted by the International Grains Council

The 2014-2015 season’s soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season’s record crops, according to the International Grains Council's September Grain Market Report.
Monday, September 29th 2014 - 08:39 UTC
Argentine stats on economic growth again come under suspicion

Argentina’s government released some hopeful economic statistics last week with numbers showing that the economy climbed out of recession in the last quarter. But with skepticism over the numbers, combined with a free-falling peso, in light of Argentina’s debt dispute with holdout creditors, economists still have a grim outlook the Mercosur member economy.
Saturday, September 27th 2014 - 09:24 UTC
Argentina lashes Griesa for not making a final decision on the Citibank dispute

Argentina's Economy minister Axel Kicillof lashed out at US Judge Thomas Griesa after he authorized Citibank a one-off payment of Argentine bonds' coupon next Tuesday saying he once again failed to address the heart of the issue and also in fact recognized that bonds under Argentine law do not belong to his jurisdiction.