Argentina

Tuesday, August 21st 2018 - 08:40 UTC
Snowfall across central Uruguay on Sunday

A rare snowfall was seen across parts of Uruguay on Sunday while graupel resulted in an icy coating across parts of eastern Argentina.
Tuesday, August 21st 2018 - 08:25 UTC
Latam announces 2Q results; currencies' turbulence has hit shares, down 25%

With this year's sell-off in emerging markets assets hasn't just dented investor returns and confidence, but also weighed heavily on global companies with exposure to developing economy currencies. One that is LATAM Airlines, by far South America's biggest carrier and among the world's largest by network connections.
Saturday, August 18th 2018 - 07:20 UTC
The 97th Argentine combatant buried in the Falklands has been identified

The 97th Argentine combatant, whose remains are buried as an unknown soldier at the Argentine military cemetery, Falkland Islands, has been identified, according to the official announcement, on Friday, from the Argentine Human Rights Secretariat.
Saturday, August 18th 2018 - 07:00 UTC
Macri anticipates more Argentines will fall into poverty this year

More Argentines are likely living in poverty now compared with last year, President Mauricio Macri said on Friday, as the country's economy slides toward recession following a currency crisis and a severe drought that harmed farm output.
Friday, August 17th 2018 - 11:01 UTC
Argentina offering reward for the recovery of assets from corruption scheme

Argentina is offering a reward for information leading to the recovery of money from a case in which former President Cristina Fernandez is accused of leading a corruption scheme involving officials and business leaders.
Friday, August 17th 2018 - 08:58 UTC
Argentina struggling to tame markets and inflation; talks for a currency swap with China

Argentina’s central bank said on Thursday it hiked reserve requirements by 3 percentage points for the country’s largest banks, as it tries to keep its plan for reducing short-term debt from adding to already high inflation.
Thursday, August 16th 2018 - 09:36 UTC
US Defense secretary pledges closer ties with Argentina; condemns China's “predatory economics”

United States Defense Secretary Jim Mattis on Wednesday pledged closer defense cooperation with Argentina. Standing beside his Argentine counterpart, Oscar Aguad, Mattis said the military partnership can be strengthened and alluded to the help the U.S. Navy provided Argentina last November when one of its submarines went missing with 44 sailors aboard.
Wednesday, August 15th 2018 - 08:52 UTC
Argentine Senate honors participants of the Darwin military cemetery identification process

In a solemn ceremony on Tuesday the Argentine Senate distinguished the several participants in the recent identification process of the combatants buried in the Argentine military cemetery in Darwin.
Wednesday, August 15th 2018 - 07:11 UTC
Argentine Peso stabilizes, country risk falls and stock market rebounds

The Argentine peso climbed on Tuesday after the Central bank implemented a raft of measures to stabilize the volatile currency on Monday, including increasing the benchmark interest rate to 45% from 40% previously, and announcing it was offering markets US$ 500 million.
Wednesday, August 15th 2018 - 07:03 UTC
Argentina: tax cuts on soy meal and soy oil exports suspended six months

Argentina has suspended for six months its program of gradually cutting taxes on exports of soymeal and soyoil, the Treasury Ministry said in a statement on Tuesday, part of the government’s fiscal tightening program. International shipments of both soy products are currently taxed at 23%, lowered gradually from 32% in 2015, the statement said.