Argentina

• 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.

• 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.