Argentina

Saturday, October 6th 2018 - 13:51 UTC
Macri's Buenos Aires ready for Olympic Youth Games

The opening ceremony of the Olympic Youth Games is scheduled for this Saturday, October 6, at the traditional Obelisk, while actual competition is scheduled to commence on Sunday with 22 sporting events.
Saturday, October 6th 2018 - 09:10 UTC
Peso devaluation to affect Argentine households retroactively

Argentina's government Friday allowed home gas suppliers to charge extra as of January 2019 to make up for the recent devaluation of the peso against the US dollar.
Saturday, October 6th 2018 - 09:06 UTC
Brazilian auto industry production hit by Argentine recession

Brazilian automakers are facing the prospect of a sharp drop in exports this year as a crisis in neighboring Argentina hampers the prospects of car sales abroad, the national automakers’ association said on Friday.
Friday, October 5th 2018 - 09:03 UTC
Industrial activity in Argentina down 5.6% in August and 0.8% in last 12 months

August data for industry was only a slightly better figure than the previous month – in July, a decline of minus 5.7% was witnessed. In June, the sharpest, most pronounced fall of the year was witnessed: 8.1%, year-on-year.
Friday, October 5th 2018 - 08:58 UTC
Cristina Fernandez and children to face trial for alleged money laundering

Former president Cristina Fernández de Kirchner and her children, Florencia Kirchner and Máximo Kirchner, will face trial on alleged money-laundering allegations after a federal judge this week decided to elevate his investigation, sending it to oral and public trial. Disgraced Kirchnerite business allies, Lázaro Báez, Cristóbal López and Fabián De Sousa will also face trial.
Friday, October 5th 2018 - 08:53 UTC
Ex Argentine president Menem acquitted of arms shipments to Croatia and Ecuador

Argentina's highest criminal court acquitted former President Carlos Menem of smuggling arms shipments to Ecuador and Croatia in the 1990s when both countries were involved in armed conflicts, overturning a 2013 conviction.
Friday, October 5th 2018 - 08:36 UTC
Argentine Peso slips on Thursday on prospects of higher US interest rates

Argentina’s Peso fell on Thursday, pressured by the recession-hit country’s dismal inflation outlook and higher U.S. interest rates that have pushed capital away from riskier emerging markets and toward the greenback, local traders said. The peso shed 1.85% to close at 38.4 per dollar after having gained 9.58% over the previous three days under a freshly-renegotiated International Monetary Fund financing deal that calls for tougher fiscal and monetary policy measures.
Friday, October 5th 2018 - 07:07 UTC
Maradona thinking of politics: would love a presidential ticket with Cristina Fernandez

Argentine World Cup winner Diego Maradona has spoken of his interest in entering the world of politics in his home country, even offering to be the vice-presidential candidate to former leader Cristina Fernandez de Kirchner.
Friday, October 5th 2018 - 03:22 UTC
Emir of Qatar in Bs.Aires to meet with Macri over Vaca Muerta

The emir of Qatar, Sheikh Tamim Bin Hamad Al Thani, arrived Thursday evening in Argentina to meet with President Mauricio Macri on Friday to discuss oil investments in Vaca Muerta and other bilateral issues.
Friday, October 5th 2018 - 02:45 UTC
Witness places “40 bags full of money” at Néstor Kirchner's mausoleum

A former Rio Gallegos civil servant said Cristina and Máximo Kirchner were involved in the 2013 operation to prevent the cash from being found during a court-mandated raid. Danilo Alberto Penissi testified before Judge Claudio Bonadio in the investigation into the “notebooks of corruption” case.