Argentina

• Thursday, August 13th 2020 - 06:24 UTC

  Ambassador Kent praises UK/Argentine cooperation in combating Covid-19

  

  This is a clear example of the kind of cooperation needed to battle the Covid-19 pandemic globally, UK Ambassador Mark Kent said following the Wednesday announcement of the agreement for the production in Argentina of the vaccine currently being developed by the AstraZeneca lab and the University of Oxford.

• Wednesday, August 12th 2020 - 09:59 UTC

  Investors are now focused on the IMF and Argentina’s fiscal policy, “which has been hard to come by”

  

  After reaching a US$ 65 billion restructuring agreement in principle with its creditors earlier this month, Argentina must now turn to relief from the International Monetary Fund to free up cash in the near term, the Institute of International Finance, IIF said on Tuesday.

• Monday, August 10th 2020 - 18:03 UTC

  Falklands elected government rejects point blank Argentina's threatening and bullying tactics

  

  The Falkland Islands elected Government on Monday publicly expressed its disappointment with the Argentine government regarding its determined intent to escalate their sovereignty claim over the Islands and continue harassing the people of the Falklands. In response to that attitude Gilbert House, seat of the government elected by the people of the Falklands, in democratic elections, has made the following release:

• Saturday, August 8th 2020 - 08:20 UTC

  Credit rating agencies have their doubts about Argentina's economic outlook

  

  Argentina’s US$ 65 billion debt restructuring agreement with bondholders will likely lead to credit upgrades but is far from ensuring the country’s longer-term economic future, rating agencies commented on Thursday.

• Friday, August 7th 2020 - 09:40 UTC

  Argentina prepares strong diplomatic offensive to recover Falklands' sovereignty

  

  Argentina is planning to intensify its policy to claim sovereignty over the Falklands and other South Atlantic Islands with a road map that contemplates three immediate objectives, reinstate in the Organization of American States the claim, resurface the legal threat against oil companies operating in South Atlantic (Falklands) waters and put pressure on the European Union so that a post-Brexit trade agreement with the UK does not include the Falklands in the list of Overseas Territories.

• Friday, August 7th 2020 - 09:25 UTC

  Argentina planning for a new program agreement with the IMF by end of March

  

  Argentina aims to reach a deal with the International Monetary Fund over a new financing program before the end of March, a time frame that Fund veterans say is realistic if both sides show commitment. The news was reported by the economic media from Buenos Aires.

• Friday, August 7th 2020 - 08:31 UTC

  Argentina and China renew US$ 18 billion swap; Beijing will pay for agriculture imports in Yuan

  

  The central bank of Argentina announced it will renew a currency cooperation agreement with the People's Bank of China to swap US$ 18.2 billion worth of each other's currencies next week, El Economista reported on Friday.

• Thursday, August 6th 2020 - 09:50 UTC

  C24 calls on UK and Argentina to resume sovereignty talks on South Atlantic islands

  

  The United Nations Decolonization Committee, or C24, unanimously approved a resolution on Wednesday calling on the UK and Argentina to resume negotiations, so that in the shortest time possible a peaceful and definitive solution to the sovereignty controversy over the Falkllands, South Georgia, South Sandwich islands and adjoining maritime spaces.

• Wednesday, August 5th 2020 - 08:56 UTC

  Argentina reaches an agreement with majority of creditors and looks to convince the undecided

  

  Argentina has reached an agreement with creditors to restructure around US$ 65 billion in sovereign debt, breaking a deadlock in talks that will help the country climb out of default and banish fears of a damaging and protracted legal standoff.

• Wednesday, August 5th 2020 - 08:55 UTC

  Argentina deal with bondholders was at 54,8 cents to the dollar; next step IMF negotiations

  

  Argentina is battling to escape from a messy ninth sovereign default as it firefights recession, stubborn inflation, and increasingly wary investors. The country announced on Tuesday it had reached an agreement with creditors to restructure around US$ 65 billion in foreign debt, breaking a deadlock over recent weeks and setting the stage for a formal deal later this month.