Argentina

• Monday, July 6th 2020 - 09:35 UTC

  Argentina unveils its “final effort”, with sweeteners, to bondholders and an August 4 deadline

  

  Argentina’s government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.

• Monday, July 6th 2020 - 09:30 UTC

  Six out of ten children in Argentina live in poverty, UN data

  

  The global pandemic has hammered Argentina's economy, which is now expected to shrink around 12% this year, driving millions into poverty and leaving almost six out of every 10 children and adolescents below the poverty line, United Nations data show.

• Saturday, July 4th 2020 - 08:25 UTC

  Argentine economy expected to contract 12% this year, according to central bank poll

  

  Argentina's economy is expected to contract by 12% in 2020, a monthly central bank poll of analysts showed on Friday, worse than the previous estimate of a 9.4% decline, as output is ravaged by measures to tame the coronavirus outbreak.

• Saturday, July 4th 2020 - 08:02 UTC

  Creditor group tables new offer to Argentina's debt negotiations

  

  One of Argentina's main creditor groups, the Argentina Creditor Committee, confirmed on Friday that it had tabled a new offer to the country's government as part of ongoing debt renegotiations.

• Saturday, July 4th 2020 - 08:00 UTC

  International banks accuse Argentine major soy crusher of “diverting hundreds of millions of dollars” in a US court

  

  Banks owed money by cash-strapped Argentine soy crusher Vicentin are accusing the company of diverting hundreds of millions of dollars and have asked a U.S. court to subpoena records as part of a lawsuit, including wire transfers and bank statements.

• Friday, July 3rd 2020 - 09:59 UTC

  Mercosur presidential summit can't forget support for Argentina's claim over the Falklands

  

  Mercosur full-member presidents and their associate peers backed Argentina's sovereignty claim over the Falklands/Malvinas Islands in the framework of the 56th Heads of State summit, which took place in Paraguay through a video conference when the pro tempore chair was delivered by Brazil to Uruguay for the second half of 2020.

• Tuesday, June 30th 2020 - 11:03 UTC

  Argentine farmers accuse Kirchnerite goons of vandalizing silo bags

  

  Argentine farmer association CRA has expressed its concern over a recent wave of vandalism on silo bags that store grain and oilseeds on-farm.

• Tuesday, June 30th 2020 - 08:01 UTC

  Australian icebreaker “Aurora Australia” could end in Argentina

  

  Australian researchers' ambition to keep the Aurora Australis icebreaker under the Aussie flag has been dealt a blow, with reports that the vessel has been sold to Argentina. For three decades the 'Orange Roughy' transported thousands of scientists, crew, and supplies for Australia's Antarctic mission.

• Tuesday, June 30th 2020 - 07:59 UTC

  Argentina economic activity plummets 26,4% in April year on year

  

  Argentina's economic activity plummeted in April, the first full month that social-distancing measures that shut down non-essential businesses and other activities were in effect.

• Monday, June 29th 2020 - 10:55 UTC

  COVID-19 could crush Argentina’s shale boom

  

  By Nick Cunningham of Oilprice.com – Holding some of the largest shale oil and gas reserves in the world, Argentina is often cited as the likely candidate for the next big shale boom, and Vaca Muerta is often described as having the potential to be South America’s Permian basin.