Argentina

• Thursday, October 18th 2012 - 07:02 UTC

  Chilean far right push for extradition of Senator murder protected by Argentina

  

  The Inter-American Commission of Human Rights (IACHR) began proceedings this week concerning Argentina’s refusal to extradite Galvarino Apablaza for the 1991 murder of emblematic conservative Senator Jaime Guzmán.

• Thursday, October 18th 2012 - 06:57 UTC

  Moody’s downgraded debt ratings of several Argentine provinces and cities

  

  Moody's Investor Service announced on Wednesday it has downgraded the issuer and debt ratings of several provinces and cities in Argentina, due to the risks these states may face to access foreign currency and “serve their obligations in foreign currency.”

• Thursday, October 18th 2012 - 06:52 UTC

  Lula da Silva calls for Argentine/Brazilian business corporations

  

  Brazil's former President Lula Da Silva blasted the “protectionist” measures of the developed countries and called for the alliance between businessmen from his country and Argentina's, as he highlighted that Brazil “grows, but with a controlled inflation rate”.

• Thursday, October 18th 2012 - 06:49 UTC

  Argentina's sovereign debt, a matter of time says The Economist

  

  When Argentina proposed a brutal 65% haircut to holders of its defaulted sovereign bonds in a 2005 restructuring, one argument the country’s officials used to justify the offer was that the country could not take on more debt than it could reasonably expect to pay. As painful as the loss might be, the argument went at least the new bonds the government would issue would be creditworthy.

• Thursday, October 18th 2012 - 01:55 UTC

  Argentine soft-porn film star named as official ambassador of pop culture

  

  In one of her latest surprise moves to prop gender and culture, President Cristina Fernandez has named soft-core porn film star Isabel Sarli, as the country’s official ambassador of pop culture.

• Thursday, October 18th 2012 - 00:57 UTC

  Hedge funds targeting Argentina miss the target: BIS deposits free from embargoes

  

  Switzerland’s government rejected a law suit filed by US hedge funds asking to set an embargo on Argentina's assets deposited in Switzerland based Bank for International Settlements as they claim the payment of a 1 billion dollars debt.

• Wednesday, October 17th 2012 - 20:57 UTC

  Mapuche protest in Bariloche demand removal of statue of “the man guilty of the greatest genocide”

  

  Members from the indigenous Mapuche community in Patagonia protested angrily at the south Argentina resort of Bariloche demanding that a statue in honour of President General Julio A Roca be removed since “he was responsible for the greatest genocide in our history”.

• Wednesday, October 17th 2012 - 20:34 UTC

  Brazil’s slowdown impacts on neighbouring Argentina and Uruguay says Fitch

  

  Brazil's deeper-than-expected economic slowdown is amplifying the deceleration already being experienced by Argentina and Uruguay as a result of the global slowdown, according to a new Fitch Ratings report.

• Wednesday, October 17th 2012 - 17:00 UTC

  Argentina/Chile working on tunnel under the Andes linking the Atlantic and Pacific

  

  By 2022 if all works out as planned the Aconcagua Bi-Oceanic corridor should link the Atlantic with the Pacific coast of South America facilitating trade and business opportunities.

• Wednesday, October 17th 2012 - 04:29 UTC

  Argentina minister blasts credit rating agencies for putting out “terrorist reports”

  

  Argentine Economy Minister Hernán Lorenzino ratified Wednesday’s down payment of the “Bonar X” dollar-bond for 200 million dollars and blasted credit rating agencies which along with speculators “set terrorist reports in order to make some profit out of it.”