Argentina

• Saturday, May 30th 2020 - 08:40 UTC

  Argentine scientists developing a fast, inexpensive coronavirus test

  

  Argentine scientists are producing what they call a fast and inexpensive coronavirus test, which according to the government has captured the interest of other countries. The new test, called “NEOKIT-COVID-19”, allows detection of the virus in less than two hours, developers say.

• Wednesday, May 27th 2020 - 08:20 UTC

  Good and bad signals for Argentina: bonds rise strongly, but two rating agencies slap “default”

  

  Argentine bonds rose strongly on Tuesday on optimism that a restructuring deal being brokered with creditors could be in reach, even as rating agencies slapped the country with downgrades after it defaulted for the ninth time last week.

• Wednesday, May 27th 2020 - 08:19 UTC

  LATAM Airlines files for bankruptcy in US; Brazil and Argentina subsidiaries out of the request

  

  LATAM Airlines Group, the continent's largest carrier, filed for U.S. bankruptcy protection, Chapter 11, on Tuesday, becoming the world's largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic. The filing includes Latam Peru, Chile, Ecuador, and Colombia, but leaves out Latam Brazil, Argentina and Paraguay.

• Tuesday, May 26th 2020 - 07:58 UTC

  Argentines love rattling the Falklands' cage and Argentine journalists are us usual 'naughty', MP Bryant

  

  “Argentines love rattling the Falklands cage, and I suspect that journalists in Argentina, are being naughty as usual”, commented Labor MP Chris Bryant who was recently interviewed in several Argentine radio stations but was not able, because of workload, to listen or read to his edited statements, aired rather controversially.

• Monday, May 25th 2020 - 08:55 UTC

  Argentina extends mandatory lockdown in metropolitan Buenos Aires until 7 June

  

  Argentina extended until June 7 a mandatory lockdown in metropolitan Buenos Aires on Saturday and tightened some movement restrictions, after a steady increase in the city's confirmed coronavirus cases in recent days.

• Saturday, May 23rd 2020 - 10:50 UTC

  Argentina asks Ireland's support to exclude the Falklands from any post Brexit EU-UK accord

  

  The Argentine foreign minister Felipe Solá held a round of talks with his counterparts from Australia, Ireland and Armenia to address issues of special significance for an Argentine foreign policy such as the current Coronavirus pandemic, and its impact on the global economy, and the European Union position regarding the Falkland Islands in a post Brexit scenario.

• Saturday, May 23rd 2020 - 09:57 UTC

  Argentina in “technical default” while negotiations with sovereign bondholders continue

  

  Argentina “technically” defaulted on Friday for the second time this century after failing to pay US$505 million of interest on its bond debt, but it continues to negotiate a restructuring with creditors. “We're not paying but the negotiations are continuing,” a government official said.

• Friday, May 22nd 2020 - 08:59 UTC

  Argentina reaffirms commitment to Mercosur but remains cautious about EU accord

  

  Argentine Foreign Minister Felipe Solá reaffirmed on Thursday the decision of president Alberto Fernandez's government to continue being part of Mercosur. When asked about links with the other member countries of the bloc, Solá said that a “rupture or union depends on the political will of the governments and our will is, that we are not on the rupture path”

• Friday, May 22nd 2020 - 08:58 UTC

  Argentine negotiations with creditors deadline extended to June 2

  

  The Argentine Ministry of Economy extended until June 2 the term to renegotiate the US$ 67 billion of debt securities issued under foreign law, with the aim of continuing negotiations with creditors.

• Friday, May 22nd 2020 - 08:37 UTC

  IMF optimistic Argentina and creditors can reach an agreement

  

  The International Monetary Fund expressed optimism that Argentina can reach an agreement with private creditors “to establish a sustainable path in the future” when the government of President Alberto Fernandez formally extended the deadline term to reach an understanding on the US$ 67 billion debt.