Argentina

• Monday, June 8th 2015 - 07:36 UTC

  Argentine financial watchdog claims banks actively collude to take money out of the country

  

  Argentina's head of the Financial Information Unit (UIF) watchdog, José Sbatella has accused major banks of not just participating, but actively organizing operations to move capital out of the country. The official made reference to ongoing cases involving capital flight against worldwide financial powerhouses HSBC, BNP Paribas and JP Morgan, in an interview published in Página 12.

• Saturday, June 6th 2015 - 10:02 UTC

  For a world in distress, “the answer is Latin America” argues Argentine ambassador in London

  

  The Argentine ambassador in the UK, Alicia Castro, was one of the main speakers invited to an event yesterday which included the discussions “another world is possible” and “against foreign intervention in Latin America”. Dozens of activists from across the UK expressed their support for a range of Latin American causes.

• Saturday, June 6th 2015 - 08:00 UTC

  Argentine debt climbed 5.4bn of Friday following Griesa's ruling favoring 'me too' bond holders

  

  Argentina must pay US$5.4 billion to more than 500 “me-too” holders of defaulted debt before it can pay the majority of its creditors, a US judge ruled on Friday. Argentina anticipated it would appeal the ruling.

• Friday, June 5th 2015 - 06:33 UTC

  Falklands: Cristina Fernandez met Snowden in Moscow to talk about UK spying on Argentina, reveals BAH

  

  President Cristina Fernandez met with former US National Security Agency (NSA) contractor Edward Snowden when she visited Moscow in April, according to the Buenos Aires Herald. Snowden became world famous when in 2013 when he revealed the extent of Washington’s global Internet and phone surveillance.

• Thursday, June 4th 2015 - 09:06 UTC

  “No one can teach us how to make the economy grow”, blasts Cristina Fernandez

  

  In a speech broadcasted live on Argentine national television and radio, President Cristina Fernández used most of the time to praise her government’s achievements insisting no one “can give us lessons on how to make the economy grow” and highlighting the role of the State.

• Thursday, June 4th 2015 - 08:45 UTC

  IMF gives Argentina more time to remedy quality of official CPI and GDP data

  

  The International Monetary Fund extended the period given to Argentina to remedy its local statistical measurement tools, while recognizing the country has made advancements in the matter. The IMF directive board met on Wednesday in Washington to assess Argentina's statistical indexes.

• Thursday, June 4th 2015 - 08:30 UTC

  Cristina Fernandez and her grouping lead comfortably ahead of elections

  

  Argentine president Cristina Fernández will end her second term with an approval rating of 60%, according to the Equist political consultancy firm. On the other hand, PRO presidential candidate and Buenos Aires City Mayor Mauricio Macri enjoys a positive image among 30% of the country's population.

• Tuesday, June 2nd 2015 - 06:26 UTC

  Argentine police video on Nisman's death shows experts working without latex gloves

  

  The lead investigator in the mysterious death of special prosecutor Alberto Nisman, who had accused Argentina's president of wrongdoing, came under sharp criticism on Monday with a video showing police experts working without latex gloves at the apartment where the body was found last January.

• Tuesday, June 2nd 2015 - 05:32 UTC

  Argentina states 'lack of confidence' in mediator Pollack named by Judge Griesa

  

  The Argentine government has turned down a plea from mediator Daniel Pollack to return to the negotiating table with holdout investors, with the Economy Ministry considering that talks with the speculative funds, so-called 'vulture funds', would be inappropriate given the behavior of the litigants.

• Monday, June 1st 2015 - 07:42 UTC

  Argentina's soybean crop forecasted to be comfortably above 60m tons

  

  Surprising Argentina: with over 90% of the soybean crop harvested, (approximately 17.2 million hectares), the Buenos Aires Cereals Stock exchange has again risen the total 2014/15 crop estimate to over 60 million tons.