Argentina

Tuesday, May 15th 2018 - 06:36 UTC
Cristina Fernandez formally charged of money laundering and illicit association

Argentine federal judge, Julian Ercolini, on Monday began legal proceedings against former President Cristina Fernandez de Kirchner (2007-2015) and her two children on charges of money laundering and illicit association.A statement from the court said that Ercolini had frozen assets belonging to the family worth 800 million pesos (some 32 million U.S. dollars).
Monday, May 14th 2018 - 20:04 UTC
Argentina/UK: Agreement to enhance Antarctic scientific co-operation

The British Antarctic Survey (BAS) and the Instituto Antártico Argentino (IAA) today signed a memorandum of understanding.The agreement will enable the implementation of joint science and technology research projects as well as enhanced training and exchange of personnel. .
Monday, May 14th 2018 - 08:20 UTC
The Economist: Will Argentina's woes spread?

Argentina has much in common with yesterday's emerging markets, but little in common with today's
Saturday, May 12th 2018 - 09:37 UTC
Leading global oil companies interested in Argentina offshore blocks auction

Oil firms, including Norway’s Statoil, U.S.’ Anadarko Petroleum Corp, China’s CNOOC and Malaysia’s Petronas, have shown interest in Argentina’s auction this year of offshore blocks for exploration and production, the country’s energy minister said.
Saturday, May 12th 2018 - 07:50 UTC
Macri enlists further financial and political support, but Peso continued to slide

Argentina’s central bank sold US$1.1 billion in the foreign exchange market on Friday and the peso weakened 2.74% to an all-time closing low of 23.35 per U.S. dollar despite talks aimed at securing an International Monetary Fund financing deal.
Saturday, May 12th 2018 - 07:07 UTC
Argentina buys five modernized “symbolic” Super Etendard fighter-jets from France

Argentina has bought five modernized Super Etendard fighter jets from the French National Navy for 12.6 million Euros (US$ 15.1 million). The agreement of the operation between both countries is established as one of the forms of cooperation, says Official Gazette.
Friday, May 11th 2018 - 06:29 UTC
Argentine stock market climbs 6% and the exchange market operates cautiously

Argentine equities rallied on Thursday, while the country's peso currency was stable, as the central bank sold foreign currency reserves in the spot market for the first time since the country announced it was seeking financing from the IMF.
Friday, May 11th 2018 - 05:39 UTC
IMF and White House support Macri's economic reform program

International Monetary Fund chief Christine Lagarde said on Thursday she is ready to aid Argentina and wants talks on a financing package to be finalized quickly. Lagarde said she instructed the IMF team to continue discussions on a loan program with the goal to “reach a rapid conclusion.”
Thursday, May 10th 2018 - 18:14 UTC
Falklands delegation travels to Buenos Aires for fishery talks and data exchange

Next Monday, 14 May 2018 four representatives from the Falkland Islands Government’s Natural Resources Department will be part of a UK Foreign and Commonwealth Office lead delegation meeting with the Government of Argentina, in Buenos Aires, to begin two days of discussions on fish and squid stocks in the South Atlantic, and the possibility of resuming the exchange of scientific fisheries data for the benefit of the region.
Thursday, May 10th 2018 - 08:20 UTC
Argentine congress passed capital market reform bill; Merval up 6%

The Argentine Congress passed the government's capital markets reform bill on Wednesday, seeking to boost a troubled economy by reducing the power of market regulators and loosening restrictions on some funds investing in Argentina. Investors and economists consider the reform bill key to President Mauricio Macri's effort to boost investment in the country, whose capital markets are far smaller than regional peers.