Argentina

Saturday, December 7th 2013 - 06:34 UTC
Brazil says Argentina will again open the doors to bilateral trade next week

Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, including footwear and motor vehicles, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.
Saturday, December 7th 2013 - 06:08 UTC
US government intervenes in favor of Argentina in defaulted-bonds ongoing case

The US government has asked the US Supreme Court to intervene over a hedge fund's effort to gain information about Argentina's non-US assets as part of an ongoing litigation, which is rapidly becoming a lead case regarding sovereign assets and sovereign debts rescheduling.
Thursday, December 5th 2013 - 14:44 UTC
Argentine government retains majority and initiative in new congress

The 127 Argentine Lower House members who were elected in the 27 October midterm election took the oath of office during a ceremony in Congress on Wednesday which ensures the ruling coalition of President Cristina Fernandez the necessary votes for quorum and absolute majority.
Wednesday, December 4th 2013 - 23:04 UTC
Cordoba police wage strike over; conflict revealed ongoing clash of Governor with Buenos Aires

The governor of the Argentine province of Córdoba José Manuel De La Sota confirmed on Wednesday a wage deal was reached to end a conflict and protest staged by the police force on Tuesday which coincided with a wave of looting and left two people dead.
Wednesday, December 4th 2013 - 06:09 UTC
Message of support from US to Argentina's latest international financial decisions

United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.
Wednesday, December 4th 2013 - 05:48 UTC
Looting spreads in Argentina's third largest city as police go on strike

Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits.
Wednesday, December 4th 2013 - 02:50 UTC
Argentine central bank admits 'serious loss of reserves', which stand at 30bn

The newly appointed head of Argentina's Central bank Juan Carlos Fábrega admitted that in the last few months “loss of international reserves” has been serious, but “we are working to correct the situation”.
Wednesday, December 4th 2013 - 02:42 UTC
US Supreme Court hears 2002 case of BG Group against Argentina

The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.
Wednesday, December 4th 2013 - 01:22 UTC
Fitch creates an Argentine/Uruguay domestic credit rating branch: FIX-SCR

Fitch Argentina announced this week that industry pioneer Douglas Elespe has become its CEO/Managing Director and new venture partner, and will lead the company's shift to an Argentine and Uruguayan domestic credit ratings business focus under the new name FIX-SCR. The financial terms of the transaction are not disclosed.
Wednesday, December 4th 2013 - 00:53 UTC
Commemorative coin: “Tribute from the Argentine People to Pope Francis”

Argentine Lower House passed last week a bill creating a commemorative coin as a tribute to Latin America's first Pope. Lawmaker Oscar Cachi Martinez first proposed the measure in April, and it garnered approval from congressional committees during November. The next step is for the bill to the considered by the Senate.