Argentina

• Monday, August 17th 2020 - 09:31 UTC

  Argentina will formalize the bond restructuring offer to US Securities and Exchange Committee Monday

  

  The Argentine government formalized its amended bond restructuring offer on Saturday night, confirming in a presidential decree that it would submit the new deal to the US Securities and Exchange Commission this Monday.

• Monday, August 17th 2020 - 09:12 UTC

  Mexico besides AstraZeneca is also working with French, US and Chinese labs for a Covid-19 vaccine

  

  Mexico will need up to 200 million coronavirus vaccine doses, according to a senior government official, and inoculation of its 120 million inhabitants could start as early as April if clinical trials and regulatory approvals for pharmaceutical firm AstraZeneca go as planned.

• Saturday, August 15th 2020 - 09:32 UTC

  Argentina's social distancing extended until August 30; daily infections are above 7,000

  

  Argentina extended until Aug 30 restrictions taken against the coronavirus, President Alberto Fernandez said on Friday, underlining that the country's lockdown would continue in its current form in and around capital city Buenos Aires.

• Saturday, August 15th 2020 - 09:22 UTC

  Argentine soy oil contracts under pressure from “wash out” by Chinese importers

  

  Chinese importers have started to practice “wash out” with Argentine soy oil contracts, which is having an impact on the local industry.

• Friday, August 14th 2020 - 09:38 UTC

  Argentina inflation in July was 1,9% and the 12-month rate 42,4%

  

  Argentina's July inflation rate was 1.9%, the government's Indec statistics agency reported on Thursday, bringing the seven-month rate to 15,8% and the 12-month rate to 42.4%. During July the items which showed the main increase were Housing maintenance, 3,9% and Leisure and Culture, 3,3%, with a special emphasis in electronics and home appliances.

• Thursday, August 13th 2020 - 07:50 UTC

  Argentina and Mexico will produce and distribute the Covid-19 Oxford University vaccine in Latin America

  

  President Alberto Fernández, announced on Wednesday that Argentina together with Mexico, will produce for Latin America the coronavirus vaccine developed by the AstraZeneca laboratory in collaboration with the British University of Oxford.

• 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.