Argentina

• Tuesday, January 15th 2019 - 09:12 UTC

  Argentina sued again by hedge fund on bonds tied to GDP growth

  

  Aurelius Capital Management LP, one of the lead hedge funds that settled a massive litigation over defaulted bonds with Argentina in 2016, is suing the country again, this time over US$ 84 million in payments it says the nation owes. The case is Aurelius Capital Master Ltd. v. the Republic of Argentina, 19-cv-351, U.S. District Court, Southern District of New York (Manhattan).

• Tuesday, January 15th 2019 - 09:08 UTC

  Macri flies to Brazil for a first face to face meeting with Bolsonaro

  

  Argentine President Mauricio Macri will hold talks with his new Brazilian counterpart Jair Bolsonaro on Wednesday likely to center on consolidating trade ties between South America's two biggest economies, officials said. Battling recession and seeking re-election this year, Macri needs to boost Buenos Aires's side of a steep trade imbalance with its main trading partner.

• Tuesday, January 15th 2019 - 07:17 UTC

  Busy weekend for Ushuaia: seven cruise vessels and 12.000 visitors

  

  Busy weekend for Ushuaia with seven cruise vessels and some 12.000 visitors, including passengers and crew members. According to port authorities, the vessels calling were the Celebrity Eclipse, Star Princess, Norwegian plus Le Boreal, Ortelius and Island Sky.

• Monday, January 14th 2019 - 09:31 UTC

  Argentina's annual inflation during 2018 estimated at 48%, highest since 1991

  

  Argentina's stats office Indec, is scheduled to announce December's inflation and for the whole of a very volatile 2018 next Tuesday, with estimates ranging at 48%, the highest in the country since 1991. November's Consumer Price Index was 3.2%.

• Monday, January 14th 2019 - 09:22 UTC

  Argentina undertakes third scientific evaluation survey of Southern king crab

  

  Argentina's National Institute for Fisheries Research and Development, INIDEP, has started a scientific survey aimed at assessing the Southern king crab (Lithodes santolla) in its central Patagonian distribution area. This is the third consecutive year in which the survey is carried out and includes the San Jorge Gulf and platform waters, between 43° 30 'and 48° South latitude, in jurisdictions of the Nation, and Chubut and Santa Cruz provinces.

• Saturday, January 12th 2019 - 10:39 UTC

  Argentina calls on Venezuela and Guyana for a peaceful resolution to the Essequibo controversy

  

  Argentina has called on Venezuela and Guyana to favour dialogue and a peaceful resolution, in conformity with International Law, regarding their territorial controversy over the region of Essequibo.

• Saturday, January 12th 2019 - 10:34 UTC

  Excessive high-risk premium for Argentine assets, claims Macri official

  

  Investors have placed an excessively high-risk premium on Argentine assets compared to their peers, according to Finance Secretary Santiago Bausili, quoted in a report by Bloomberg. Argentina's country risk rating has been hovering at 7.0 percentage points.

• Friday, January 11th 2019 - 12:29 UTC

  Argentina only recognizes Venezuela's National Assembly; bans entry to Maduro regime top officials

  

  Argentina announced it does not recognize the legitimacy of the mandate initiated on 10 January by Nicolas Maduro, condemns the breakdown of constitutional order and rule of the law, and ratifies full recognition of the National Assembly as the only democratically elected branch of government in Venezuela.

• Friday, January 11th 2019 - 08:43 UTC

  Argentine forex market volatility: Central bank intervenes to prop the dollar, first time in seven months

  

  Argentina’s Peso closed stronger on Thursday, but remained outside the limits of a trading band set by the central bank after it intervened in the market by buying US$ 20 million.

• Friday, January 11th 2019 - 08:34 UTC

  March of torches in Argentine cities to protest soaring costs of public services

  

  Tens of thousands of Argentines marched through Buenos Aires on Thursday evening carrying torches, in the first of a series of planned protests against President Mauricio Macri's austerity program and the soaring cost of public services.