Argentina

Saturday, March 21st 2015 - 05:55 UTC
Cristina Fernandez warns Citibank must comply with Argentine law

President Cristina Fernandez warned on Friday that banks operating in Argentina must obey its laws, amid a row over Citibank's refusal to defy a US court order blocking Buenos Aires from repaying its restructured debt. At the end of the month, 31 March, Citibank as custodial has to pay Argentine restructured bonds.
Friday, March 20th 2015 - 08:18 UTC
Israel honors Nisman on bombing anniversary; crowd calls Argentine officials 'scoundrels'

Israel honored the figure of Argentine former special prosecutor Alberto Nisman during the Thursday ceremony in Buenos Aires to mark the 23rd anniversary of the 1992 attack on the Israel Embassy that claimed the life of 22 people and injured dozens.
Friday, March 20th 2015 - 08:03 UTC
US website to honor Nisman has among its sponsors the head of a hedge fund in litigation with Argentina

A Washington-based think-tank launched a website and award to honor the memory of late AMIA special prosecutor Alberto Nisman yet its founders raised a few eyebrows as they include someone who has an ongoing court case and regularly spoken ill of Argentina.
Friday, March 20th 2015 - 07:57 UTC
Argentine government claims Nisman could have committed “embezzlement and bribery” crimes

The Argentine government leading spokesperson launched another furious (smear) attack on the late AMIA special prosecutor Alberto Nisman, alleging he committed federal crimes if he spent government funds in prostitutes and champagne, and kept part of the salaries of his staff.
Friday, March 20th 2015 - 07:12 UTC
Names of Argentines with HSBC offshore accounts in Switzerland to be made public

Argentina will move forward with its investigation of the HSBC offshore accounts in Switzerland, and will make public the names of those Argentine citizens and organizations that held money overseas in the financial entity, allegedly with the purpose of eluding local taxes.
Friday, March 20th 2015 - 07:05 UTC
Ten people killed as small chartered plane crashes few minutes after takeoff in Uruguay

Ten people have been reported dead when a small chartered airplane with Argentine plates crashed Thursday night after taking off at the Laguna del Sauce airport, near the Uruguayan resort of Punta del Este. Rescue teams and fire personnel confirmed at least seven charred bodies.
Thursday, March 19th 2015 - 08:01 UTC
Argentina asks Citigroup how it will react to Judge Griesa' decision

Argentine Economy Minister Axel Kicillof has revealed the government sent a letter to Citigroup asking how the bank will react, after New York district judge Thomas Griesa decided not to kill an injunction that blocked Citi from processing interest payments on 2.3 billion dollars of Argentina bonds, under Argentine law.
Wednesday, March 18th 2015 - 08:07 UTC
Citigroup to exit custodial business in Argentina following ruling from Judge Griesa

Citigroup Inc announced on Tuesday it plans to exit its custodial business in Argentina as soon as possible, after a US judge refused to lift an injunction that blocked the bank from processing interest payments on 2.3 billion of Argentina bonds, issued under Argentine law.
Wednesday, March 18th 2015 - 07:57 UTC
Argentine jurist elected to head the UN Human Rights Committee

Argentine jurist Fabian Salvioli was unanimously elected on Tuesday to lead the UN Human Rights Committee. The 51-year-old lawyer will be presiding over the UN body for one year. Salvioli has been a member of the UN Human Rights Committee since 2009.
Wednesday, March 18th 2015 - 02:03 UTC
Argentine candidate anticipates ‘dollars in excess’ if he is elected president in October

An Argentine presidential hopeful Mauricio Macri has vowed to eliminate the restrictions on the purchase of foreign currency that the Cristina Fernandez has carried out since 2011, and anticipated there will be ‘dollars in excess’ if he gets elected president in October this year.