Argentina

• Thursday, February 6th 2020 - 09:10 UTC

  Argentine Senate grants full power to the Fernandez administration to restructure foreign debt

  

  Argentina’s Senate voted in favor of a bill on Wednesday that grants power to the government of President Alberto Fernandez to handle a massive debt restructuring of bonds issued in foreign currency.

• Thursday, February 6th 2020 - 09:05 UTC

  Argentina tells IMF it can't continue servicing unsustainable debt

  

  Argentina on Wednesday told the International Monetary Fund that Buenos Aires cannot continue servicing unsustainable debt, as the IMF encouraged it to enact efficient restructuring policies.

• Thursday, February 6th 2020 - 08:58 UTC

  Pope Francis calls for debt sustainability to alleviate the suffering of people

  

  Pope Francis staged a surprise visit to admonish the International Monetary Fund chief and several finance ministers to help alleviate the debt burden of struggling countries, calling for “a new financial architecture” to ensure social justice.

• Thursday, February 6th 2020 - 08:45 UTC

  Two Celebrity Eclipse passengers air rescued by the Argentina Coast Guard

  

  Two American passengers on board the cruise vessel Celebrity Eclipse and vomiting blood were rescued in the high seas, some 210 kilometers from the seaside resort of Mar del Plata, by an Argentine Coast Guard helicopter on Tuesday.

• Thursday, February 6th 2020 - 08:44 UTC

  Statement by IMF Managing Director Kristalina Georgieva on Argentina

  

  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement after meeting with Argentina’s Economy Minister Martin Guzmán in Rome:

• Thursday, February 6th 2020 - 08:24 UTC

  Argentina industrial production up 1.2% in December, first time in 20 months

  

  Argentina's industrial output rose 1.2% in December versus the same month a year earlier, the government statistics agency said on Wednesday, returning to positive territory for the first time in 20 months as the country grapples with the recession.

• Wednesday, February 5th 2020 - 09:50 UTC

  Fernandez in Paris, the last leg of the European tour after support for its debt restructuring strategy

  

  Argentine president Alberto Fernandez and his delegation are in Paris preparing for a full agenda on Wednesday which includes a working breakfast with French business leaders, a private meeting with his peer Emmanuel Macron and lunch at the Elysee Palace, and finally a conference at the prestigious French Political Science School.

• Wednesday, February 5th 2020 - 09:49 UTC

  Buenos Aires province narrowly averts default: governor Kicillof promises to pay

  

  Argentina's Buenos Aires province narrowly averted falling into default on Tuesday, saying it would make a US$ 277 million payment on a 2021 bond after creditors would not grant a last-minute approval to delay it.

• Wednesday, February 5th 2020 - 09:43 UTC

  Argentina's Economy minister holds “very constructive” talks with IMF chief

  

  Argentina’s Economy Minister Martin Guzman met the head of the International Monetary Fund Kristalina Georgieva for two-and-a-half hours on Tuesday to discuss the country’s economic emergency, the ministry said.

• Tuesday, February 4th 2020 - 17:48 UTC

  The Argentine judge who prosecuted vice president Cristina Fernandez de Kirchner is dead

  

  Argentine federal judge Claudio Bonadio, notorious for bringing cases involving the former president and current vice president Cristina Fernández de Kirchner (CFK), died Tuesday morning at his home it was reported.