Argentina

• 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.

• Wednesday, August 5th 2020 - 08:54 UTC

  Argentina planning an Antarctic Logistic Pole in Ushuaia

  

  Planning and first budget funds for an Argentine integrated naval base and an Antarctic Logistic Pole in Ushuaia have been announced by the Argentine Executive cabinet chief Santiago Cafiero, during a presentation to the Lower House of Congress.

• Tuesday, August 4th 2020 - 10:40 UTC

  Argentine media and markets agree an agreement has been reached with bondholders

  

  Argentina and most of its top creditors are moving closer to an agreement to restructure US$ 65 billion of bonds, according to government sources in the Buenos Aires media. Likewise, the prospects of an agreement triggered a bonds rally, and the Merval stock index gained 6,6% the most in a month.

• Saturday, August 1st 2020 - 06:55 UTC

  Argentina extends quarantine to August 16, given a peak of Covid-19 cases

  

  The Argentine government announced on Friday the extension of the quarantine, which has been in force since March 20, to Aug. 16 in an attempt to slow the spread of the novel coronavirus.

• Thursday, July 30th 2020 - 09:45 UTC

  Argentina announces a bill to reform the judiciary: strong reaction from the opposition

  

  Argentina’s government on Wednesday launched a bid to reform the judiciary by increasing the number of federal courts, diluting the power of those that already exist, in what the opposition has labelled as an attempt to manipulate the court system.

• Thursday, July 30th 2020 - 09:39 UTC

  Argentina begins clinical trials on Covid-19 patients with antibodies from horses

  

  Argentina has started clinical trials on treating COVID-19 using hyperimmune serum developed with antibodies from horses, authorities from the laboratory involved said on Wednesday.

• Wednesday, July 29th 2020 - 10:47 UTC

  Falklands' Yorke Bay, a coastline reborn following the clearance of mines

  

  She born and raised in the Falklands in a family long established in the Islands, and belongs to the first generations of Islanders who went to university, helping to transform a lethargic sheep-farming colony into a vibrant, proud community with a vigorous sense of self-sufficiency and country spirit.

• Wednesday, July 29th 2020 - 09:58 UTC

  Minister confirms Argentina will seek a new support program from IMF

  

  Argentina will seek a new program with the International Monetary Fund whatever the outcome of talks with holders of its US$ 65 billion of defaulted overseas bonds, Economy minister Martin Guzman said.

• Wednesday, July 29th 2020 - 09:49 UTC

  Money, money, Argentina importing banknotes and with the national mint working 24/7

  

  Argentina is rushing to import banknotes as its national mint struggles to keep pace with soaring central bank issuance and inflation of more than 45%. The mint is importing printed bills for the first time in five years and is also boosting its purchases of the paper used to make banknotes, according to three people with direct knowledge of the matter.