Argentina

• Monday, May 11th 2015 - 09:34 UTC

  Argentine congress will try to evaluate 'psychophysical condition” of Justic Fayt

  

  Argentina's Lower Houe Impeachment Committee has a busy week ahead, with the agenda including a request to evaluate Supreme Court Justice Carlos Fayt’s 'psychophysical condition'. The committee will also treat impeachment requests against Prosecutor General Alejandra Gils Carbó, foreign minister Hector Timerman and vice-president Amado Boudou.

• Saturday, May 9th 2015 - 10:02 UTC

  Strong support for Supreme Court and members from Argentina's main private sector organizations

  

  Some twenty private organizations representing commerce, agriculture and other activities openly supported in a Friday release Argentina's Supreme Court and Judiciary, rejecting what was described as “hostile expressions” from some government officials.

• Saturday, May 9th 2015 - 09:57 UTC

  Argentina will file complaints against speculative funds in Belgium

  

  Economy Minister Axel Kicillof confirmed the Argentine government will be filing a complaint against speculative or 'vulture' funds for seeking to seize the accounts of the Argentine embassy in Belgium, and the Argentine mission before the EU in Brussels, adding hedge funds are the most “despicable and repugnant” of the world financial system.

• Friday, May 8th 2015 - 07:57 UTC

  Argentine government denies 'persecution' of Supreme Court Judges but insists in pouncing on Justice Fayt

  

  The Argentine government denied on Thursday it was 'persecuting' Supreme Court Justices but kept the pressure on by insisting the process to re-elect Chief Justice Ricardo Lorenzetti was full of irregularities and members could have committed 'ideological falseness'.

• Friday, May 8th 2015 - 07:37 UTC

  Argentina denies as 'inexact' any embargo on embassy bank funds in Belgium

  

  The Argentine government in a late release on Thursday strongly denied an 'inexact information' related to alleged embargos by speculative funds (or vulture funds) on bank accounts from the Argentine embassy and its staff, in Belgium, and said that the attempts to freeze 'embassy funds' are but a new extortion attempt and a clear procedure abuse which could be sanctioned by Belgian tribunals.

• Thursday, May 7th 2015 - 07:05 UTC

  Argentine Justice shrugs off impeachment threat: “I'm used to this kind of attacks”

  

  Argentina's Justice Carlos Fayt, the oldest member of the Supreme Court (97) and questioned by the government of president Cristina Fernandez, which demands evidence of his health and mental conditions, has said through his lawyer, Jorge Rizzo that he is not concerned about a possible impeachment hearing raised against him, since 'he is used to this kind of attacks'.

• Thursday, May 7th 2015 - 06:55 UTC

  Brazil wants to review Mercosur 'liberty' rules; sends strong public message to Argentina

  

  Brazil has proposed reviewing Mercosur rules so that its members can enjoy more 'liberty' to negotiate trade agreements with other blocks or third parties, because even when “Mercosur is an indissoluble marriage, this does mean that relations can't be discussed” and thus a 'different speeds' group should not be discarded.

• Thursday, May 7th 2015 - 05:22 UTC

  US for third year running main wheat supplier for Brazil displacing Argentina

  

  For a third year in a row the United States will be the top wheat supplier for Brazil, displacing Argentina from its historic position, according to the latest release from Brazilian consultancy Trigo & Farinhas. This piece of information is significant given the world prices for grains and wheat planting prospects in South America.

• Wednesday, May 6th 2015 - 06:42 UTC

  Argentine S. Court ratifies Chief Justice; Cristina Fernandez wants to impeach a second Justice

  

  In another chapter of the ongoing dispute between Argentine president Cristina Fernández and a non-submissive Judiciary, the country's Supreme Court issued a statement on Tuesday ratifying Ricardo Lorenzetti as Chief Justice for three more years starting in 2016, following versions that he was pushing to leave the SC on yet unclear “moral fatigue” grounds.

• Tuesday, May 5th 2015 - 09:52 UTC

  Mercosur main partners' bilateral trade stalled for the last six years

  

  Bilateral trade between Mercosur main partners Argentina and Brazil, has stalled at an annual 30bn dollars during the last six years (2008/2014), with no prospects of a recovery during 2015, according to Finsoport consultants from Buenos Aires.