Argentina

Wednesday, December 5th 2012 - 05:15 UTC
Correa defends close links with Iran and downplays the AMIA bombing in Buenos Aires

Ecuadorean president Rafael Correa triggered a serious controversy in Argentina when he defended close links with Iran and downplayed Teheran’s alleged role in the 1994 attack on the AMIA Jewish institution in Buenos Aires that killed 85 people and left hundreds injured.
Wednesday, December 5th 2012 - 00:07 UTC
US court rules in favour of Argentina: denies security deposit requested by hedge funds

US appeals court refused to order Argentina to post a security deposit of at least 250 million dollars while it seeks to overturn a lower court ruling that orders it to pay holdout investors 1.33 billion.
Tuesday, December 4th 2012 - 16:24 UTC
Punished by inflation a third of Argentines with difficulties to face monthly payments

A third of Argentines have difficulties to face monthly costs because of inflation and lagging salaries, and 11% admit to “many difficulties” according to the latest Poliarquía public opinion poll released this week.
Tuesday, December 4th 2012 - 05:49 UTC
Spending galore: Argentine central bank financing Treasury outlay shortcomings

The Argentine central bank has been financing the Treasury with so called ‘transitory advances’ to the tune of 101 billion Pesos (approx 20bn dollars), a sum which is expected to increase given the additional outlays of the end of the year particularly with the Christmas bonus.
Monday, December 3rd 2012 - 23:08 UTC
Argentina rejects complaint, accuses UK of illegal appropriation of Malvinas resources

Argentina energetically rejected the UK complaint about alleged intimidation of vessels linked to Falklands/Malvinas activities as well as the awarding of squid licences in waters close to the South Atlantic archipelago.
Monday, December 3rd 2012 - 21:17 UTC
Argentine ambassador summoned over ‘intimidation’ to cruise lines calling in Falklands

Britain summoned Argentina's ambassador to London on Monday after masked men ransacked the offices of a shipping company in Buenos Aires, a move the Foreign Office alleged was aimed at deterring ships from visiting the disputed Falkland Islands.
Monday, December 3rd 2012 - 20:20 UTC
Spain’s Repsol files complaint against Argentina over seizure of YPF

Spain's Repsol SA filed on Monday a complaint against Argentina before the International Centre for Settlement of Investment Disputes (ICSID) over its nationalization of energy company YPF SA, according to sources familiar with the dispute.
Monday, December 3rd 2012 - 06:01 UTC
IMF reminds Argentina it must deliver a report on statistics advances by Dec 17

The IMF ratified last week that by December 17 Argentina must reply to Managing Director Christine Lagarde on the latest advances referred to the country’s statistics both on inflation and GDP growth.
Monday, December 3rd 2012 - 05:15 UTC
Argentina confirms new round of talks with Iran in January

Argentine Foreign Minister Héctor Timerman confirmed this weekend that there had been new meetings with envoys of the Iranian government over the probe handling the AMIA bombing, and assured that Argentina will present a new action plan in the coming few weeks, most probably in the next meeting scheduled for January.
Monday, December 3rd 2012 - 04:54 UTC
Holdout funds want Argentina to deposit 250m by December 10

Investment funds suing over Argentina's 2002 debt default have asked a US court to order the country to post a security deposit of at least 250 million dollars by December 10, while an appeal of a lower court's order is pending.