Argentina

Monday, December 23rd 2019 - 10:35 UTC
Argentine individuals and corporations hold some 322.3 billion dollars outside the domestic financial system

Argentines ever so suspicious of their currency and so fully confident in the all mighty US dollar, they have some US$ 322 billion hidden in the “mattress”, which means mostly overseas in bonds, shares, real estate, according to the latest figures released by the country's stats office, Indec.
Saturday, December 21st 2019 - 11:07 UTC
Argentina appoints team for talks with creditors to renegotiate massive sovereign debt

Argentina appointed a government team to kick off talks with creditors to renegotiate about US$100 billion in sovereign debt as the new center-left administration of President Alberto Fernandez postponed payments on some of its short-term debt.
Saturday, December 21st 2019 - 11:03 UTC
Argentina's credit rating downgraded to near-default by Fitch and S&P

Argentina’s credit rating was downgraded to near-default status by two of the biggest global rating companies, Fitch Ratings, and S&P Global after the government said it would delay payments on its short term dollar-denominated local debt.
Friday, December 20th 2019 - 09:58 UTC
Boris Johnson: Political status of the Falkland Islands is not going to change

Prime Minister Boris Johnson in his Christmas message to the Falkland Islands points out the second commercial flight to South America as the great achievement of 2019, and assures that his government's support “for your right to determine your own political status is not going to change”
Friday, December 20th 2019 - 09:36 UTC
Museum dedicated to Diego Maradona and his golden age in Napoli

For some Diego Maradona is the greatest footballer of the 20th century, for others - mainly English - he is the cheating possessor of the hand of God. In Italy, however, he is and always will be the patron saint of Naples.
Thursday, December 19th 2019 - 09:59 UTC
Argentina emergency bill in Congress: 30% tax on dollar purchases and six month freeze on public utilities rates

Argentina's new government announced on Tuesday a 30% tax on foreign currency purchases and a six-month freeze on public utility prices as part of a raft of measures to boost growth. The government of President Alberto Fernandez, who took office last week, had already announced increases in taxes on agricultural exports over the weekend.
Tuesday, December 17th 2019 - 23:54 UTC
Argentine farmers reject increase in export taxes, but privilege dialogue

Argentine farmers are disappointed with the new taxes on farm produce exports decreed by government, and particularly with president Alberto Fernandez who had promised during the campaign to work with them in developing policies.
Tuesday, December 17th 2019 - 09:42 UTC
Argentine ex police officer linked to killings and torture extradited to Buenos Aires

An Argentine ex-police officer linked to the murder of hundreds of people during the country's “dirty war” was on a plane to Buenos Aires on Monday, after France extradited him to face trial over the disappearance of a student.
Tuesday, December 17th 2019 - 06:21 UTC
Argentine police arrest four suspects linked to the gang that killed an English tourist

Argentine authorities said on Monday they had identified suspects in the shooting death of a British tourist killed in an armed robbery attempt outside a luxury Buenos Aires hotel over the weekend.
Monday, December 16th 2019 - 09:44 UTC
Briton killed in Buenos Aires identified, other non-fatal victim was his stepson

The British citizen killed in Buenos Aires Saturday during a robbery has been identified as the 50-year-old millionaire Matthew Charles Gibbard, who was travelling with his wife Suzane, his stepson, Stefan Zone, 28, also shot in the incident and still hospitalized, and other family members.