Argentina

• Thursday, March 3rd 2016 - 04:57 UTC

  Griesa lifts injunctions: 'Argentina needs time to raise money to pay creditors'

  

  A judge sided with Argentina in its debt standoff on Wednesday, agreeing to let orders protecting creditors expire so that large U.S. hedge funds and smaller entities and people can be paid at least US$6.2 billion to satisfy settlements reached over the last month.

• Wednesday, March 2nd 2016 - 07:41 UTC

  UK ambassador to Argentina, Mark Kent, takes office next July

  

  Mark Andrew Geoffrey Kent, currently ambassador in Thailand has been appointed British ambassador in Argentina, in succession of Dr. John Freeman, who will be transferring to another diplomatic service appointment. Mr. Kent is expected to take his new job during July this year.

• Wednesday, March 2nd 2016 - 07:30 UTC

  Macri reaffirmed Malvinas sovereignty claim, despite mature and sensible relations with all countries

  

  At the formal opening of the 134th congressional term on Tuesday, Argentine president Mauricio Macri said on Tuesday that his administration is building mature and sensible relations with all countries of the world, and Mercosur is a priority, but dialoguing with world leaders, including British PM David Cameron “does not mean giving up our sovereignty claim over the Malvinas Islands”.

• Wednesday, March 2nd 2016 - 07:15 UTC

  Macri in an hour long speech blasts his predecessor and in the other half tries to inject optimism

  

  In a one hour speech before the Argentine congress, president Mauricio Macri spent half the time describing the country he received and in the other half made some announcements, but above all tried to transmit optimism, willingness to overcome, and insisted in the three pillars of his electoral pledge, eliminating poverty, combating drug-trafficking and unity among all Argentines.

• Wednesday, March 2nd 2016 - 06:55 UTC

  Falklands soil and pebbles were received by the Pope from Argentine governor

  

  Soil and pebbles from the Falkland Islands together with letters from Tierra del Fuego residents were received by Pope Francis during the recent visit of an Argentine delegation that included president Mauricio Macri, several ministers and three governors, one of them, Ms. Rosana Bertone from the most austral of Argentine provinces.

• Tuesday, March 1st 2016 - 05:05 UTC

  Special Master announces settlement of 15-year battle between Argentina and 'holdout' hedge funds

  

  Daniel A. Pollack, Special Master appointed to preside over settlement negotiations between the Republic of Argentina and its “Holdout” Bondholders, this morning (29 February) issued the following statement:

• Monday, February 29th 2016 - 09:31 UTC

  Uruguay prepared to lead Mercosur/EU trade negotiations during the whole year

  

  Uruguay, now with the support from Argentina, is very much interested in advancing with the cooperation and trade agreement between Mercosur and the European Union, and is planning for president Tabare Vazquez to attend a Brussels meeting with EU officials to emphasize the matter.

• Monday, February 29th 2016 - 07:28 UTC

  Praise for Argentina's economic reforms from US, China and Europe at G20

  

  Argentina received support for its economic reforms from the United States, China and Europe during the Finance ministers meeting held in Shanghai over the weekend in anticipation of the G20 heads of state and government summit next June, according to a release from the Argentine Finance ministry.

• Monday, February 29th 2016 - 07:18 UTC

  Francis wanted to understand how Macri was going to address eliminating poverty

  

  It was a 'good, enriching' meeting, a private conversation between the Holy Father and the president “which covered all the areas we expected to cover”, was how the Argentine foreign minister described Saturday's 22 minutes meeting between Francis and visiting President Mauricio Macri.

• Monday, February 29th 2016 - 06:58 UTC

  “Cordial” (frosty) 22 minutes meeting between Francis and president Macri

  

  The long-awaited meeting between Argentine President Mauricio Macri and Pope Francis ended up being a frosty encounter that lasted a mere 22 minutes. The Vatican officially described the sit-down as “cordial,” and Macri told reporters that the pontiff asked him to fight corruption, poverty and drug-trafficking in the country.