Argentina

• Saturday, September 22nd 2018 - 06:49 UTC

  Police arrests alleged leading Hezbollah financier in the triple border of Argentina, Brazil and Paraguay

  

  Brazilian police on Friday arrested a Lebanese citizen on suspicions of raising funds for Lebanon-based Shiite military group Hezbollah, which the United States considers a terrorist group.

• Friday, September 21st 2018 - 17:33 UTC

  Argentine art showcased at Open House London

  

  The Residence of the Argentine Ambassador in London is set to participate in Open House London on 22th and 23th September. The event constitutes one of the largest urban festivities on the planet, involving 250,000 visitors every year. Threads, the exhibition curated by the Argentine Foreign Ministry, delves into the “invisible threads” that tie Argentina to the United Kingdom through art and culture.

• Friday, September 21st 2018 - 09:32 UTC

  Argentine Peso recovers strongly and with no support from the Central bank

  

  The Argentine Peso reacted strongly against the US dollar on Thursday following on an abundant private supply of greenbacks to satisfy demand, which kept the Central Bank out of the market for the first time since the beginning of the month. The dollar fell 2.8% and ended trading below 39 Pesos.

• Friday, September 21st 2018 - 08:47 UTC

  Argentine Peso at an equilibrium point, says head of Central bank

  

  Argentina’s central bank now sees the Peso at an equilibrium level, chief Luis Caputo told market participants who attended a meeting with him on Thursday. The statement comes after two days of strengthening by the peso following a rout that sent it to a record intra-day low in late August.

• Friday, September 21st 2018 - 08:31 UTC

  Argentina/IMF making “important progress” on reforms for loan package, but no specific timeline

  

  Argentina's budget proposal submitted this week is a key element in the reforms needed for a new loan package for the crisis-hit country, an International Monetary Fund spokesman said Thursday.

• Friday, September 21st 2018 - 08:24 UTC

  Argentine stock market booming with new highs for seventh day running

  

  The Argentine stock market is booming and on Thursday confirmed its seventh day running increase as investors are flocking encouraged by an imminent accord between the president Mauricio Macri administration and the IMF for a new loan package including reforms and a balanced budget in the next 18/24 months.

• Thursday, September 20th 2018 - 06:50 UTC

  Argentina's economy contracts 4.2% in second quarter: severe drought blamed

  

  Argentina's economy contracted sharply in the second quarter after a severe drought roiled agricultural production and as the country works with the International Monetary Fund to stem spiraling inflation and control government finances.

• Wednesday, September 19th 2018 - 09:07 UTC

  Cristina Fernandez denies any hidden cash or values: “they can dig up all of Patagonia”

  

  Argentina's ex-President Cristina Fernandez said on Tuesday that she never received corrupt payments and challenged investigators to scour her home region of Patagonia if they believed she had hidden cash, a day after she was indicted on graft charges.

• Wednesday, September 19th 2018 - 09:05 UTC

  Argentine Peso slid on Tuesday but the Merval stock market climbed a strong 3%

  

  Argentina’s central bank sold US$ 261 million in reserves on Tuesday, the monetary authority said in a statement announcing its latest intervention in the foreign exchange market aimed at easing the fall of the local currency.

• Tuesday, September 18th 2018 - 08:24 UTC

  Judge indicts ex president Cristina Fernandez and asks for her arrest

  

  An Argentine federal judge indicted former President Cristina Fernandez on Monday and asked for her arrest for allegedly heading a corruption scheme that collected bribes from business leaders in exchange for public work contracts.