Prosecutors in Argentina have opened an investigation into allegations that former president Mauricio Macri spied on political opponents during his four years in office, judicial sources reported on Friday.
Argentina received a debt restructuring proposal from two creditor groups a step in the right direction, Economy Minister said on Friday. Nevertheless, it still fell short of what the country needed to strike a deal.
Argentine scientists are producing what they call a fast and inexpensive coronavirus test, which according to the government has captured the interest of other countries. The new test, called “NEOKIT-COVID-19”, allows detection of the virus in less than two hours, developers say.
Argentine bonds rose strongly on Tuesday on optimism that a restructuring deal being brokered with creditors could be in reach, even as rating agencies slapped the country with downgrades after it defaulted for the ninth time last week.
LATAM Airlines Group, the continent's largest carrier, filed for U.S. bankruptcy protection, Chapter 11, on Tuesday, becoming the world's largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic. The filing includes Latam Peru, Chile, Ecuador, and Colombia, but leaves out Latam Brazil, Argentina and Paraguay.
“Argentines love rattling the Falklands cage, and I suspect that journalists in Argentina, are being naughty as usual”, commented Labor MP Chris Bryant who was recently interviewed in several Argentine radio stations but was not able, because of workload, to listen or read to his edited statements, aired rather controversially.
Argentina extended until June 7 a mandatory lockdown in metropolitan Buenos Aires on Saturday and tightened some movement restrictions, after a steady increase in the city's confirmed coronavirus cases in recent days.
The Argentine foreign minister Felipe Solá held a round of talks with his counterparts from Australia, Ireland and Armenia to address issues of special significance for an Argentine foreign policy such as the current Coronavirus pandemic, and its impact on the global economy, and the European Union position regarding the Falkland Islands in a post Brexit scenario.
Argentina technically defaulted on Friday for the second time this century after failing to pay US$505 million of interest on its bond debt, but it continues to negotiate a restructuring with creditors. We're not paying but the negotiations are continuing, a government official said.
Argentine Foreign Minister Felipe Solá reaffirmed on Thursday the decision of president Alberto Fernandez's government to continue being part of Mercosur. When asked about links with the other member countries of the bloc, Solá said that a “rupture or union depends on the political will of the governments and our will is, that we are not on the rupture path”