Argentina

Thursday, June 11th 2020 - 07:53 UTC
Falklands: Three Argentine bills to reaffirm rights over the South Atlantic Islands

Three bills referred to Argentina's sovereignty claim over South Atlantic islands and adjoining maritime spaces will be sent to Congress, announced president Alberto Fernández on Wednesday from the official Olivos residency next to foreign minister Felipe Solá, according to an official release.
Tuesday, June 9th 2020 - 08:14 UTC
Argentina's economy could contract 9,5% in 2020, according to central bank poll

Argentina’s economy is seen shrinking 9.5% in 2020, according to a monthly poll of analysts by the central bank released on Friday, compared with an estimated 7% decline in the previous survey, as the activity gets walloped by a nationwide lockdown against the coronavirus pandemic.
Tuesday, June 9th 2020 - 07:40 UTC
Argentina's Vicentin soy giant claims government never informed it of taking over the group

Late Monday the Vicentin soy crushing giant group, which Argentine president Alberto Fernandez had previously announced it would take over to ensure jobs and food sovereignty, made public a release denying any job losses and revealing it was in talks with interested parties to overcome the current under administration situation.
Tuesday, June 9th 2020 - 07:25 UTC
Argentina will take over soy-crushing giant, currently under administration

Argentine President Alberto Fernandez announced Monday evening a plan to seize crop trader Vicentin SAIC in a move that is anticipated will ring alarm bells in soy markets, among investors in the country and even the current foreign debt negotiations.
Friday, June 5th 2020 - 11:04 UTC
Argentina extends quarantine to 28 June in metropolitan Buenos Aires

Argentina decided to prolong the quarantine linked to the COVID-19 pandemic until 28 June in the areas most affected by the coronavirus, President Alberto Fernandez said on Thursday. The president made the announcement next to Buenos Aires City Mayor Horacio Rodriguez Larreta and Axel Kicillof, governor of Buenos Aires province, which concentrates 40% of the country's population, and most virus cases.
Friday, June 5th 2020 - 08:30 UTC
Argentina's industrial output collapsed 33,5% in April compared to April 2019

Argentina's industrial output crashed 33.5% in April from the same month last year, the government's statistics agency said on Thursday, as the national lockdown to fight the coronavirus pandemic bludgeoned Latin America's No. 3 economy.
Friday, June 5th 2020 - 07:31 UTC
Argentina auto industry rebounding gradually from zero production in April

The Argentine auto industry bottomed out in April, the first full month of the quarantine in force in the country since March 20. With all its factories closed since that day, not a single vehicle left the assembly lines, a catastrophe without historical precedent. But little by little, last week they came back to life under strict sanitary protocols, with only one shift per day and production at one-third of the installed capacity.
Tuesday, June 2nd 2020 - 08:50 UTC
Argentina extends debt negotiations deadline to 12 June: “adjustment margin remains thin”

Argentina extended the deadline to negotiate with its creditors to June 12 and may sweeten its most recent restructuring offer, the country said on Monday, after a previous proposal was deemed insufficient by some investors.
Saturday, May 30th 2020 - 08:55 UTC
Prosecutors open investigations into allegations ex president Macri spied on political opponents

Prosecutors in Argentina have opened an investigation into allegations that former president Mauricio Macri spied on political opponents during his four years in office, judicial sources reported on Friday.
Saturday, May 30th 2020 - 08:51 UTC
Argentina admits “more favorable” proposals from creditor groups

Argentina received a debt restructuring proposal from two creditor groups a step in the right direction, Economy Minister said on Friday. Nevertheless, it still fell short of what the country needed to strike a deal.