Argentina

Wednesday, March 25th 2015 - 07:30 UTC
New York Court of Appeals delays decision on Argentina's contempt of court

The New York Court of Appeals has decided to push back its decision on Argentina for another week, as the Cristina Fernandez administration seeks to overturn the contempt ruling imposed by judge Thomas Griesa in the ongoing conflict against holdout investors.
Wednesday, March 25th 2015 - 06:53 UTC
Pro and against Kirchner rallies on 29th anniversary of 1976 military coup

Human rights, political and social organizations commemorated on Tuesday 24 March the 29th anniversary of the military dictatorship that killed anywhere from 9.000 to 30,000 people, marking the beginning of one the darkest period in Argentina's modern history.
Wednesday, March 25th 2015 - 06:39 UTC
Argentina as a 'live threat' to the Falklands, triggers fury from Buenos Aires

The government of President Cristina Fernandez accused the United Kingdom of using an alleged Argentine threat to the Falkland/Malvinas Islands in order to boost its military budget, while also claiming that the archipelago has been turned into an electoral campaign issue.
Wednesday, March 25th 2015 - 06:27 UTC
Falklands: no surge in troop numbers but upgraded infrastructure and £180 million in ten years

United Kingdom Defense Secretary Michael Fallon has dispelled media reports suggesting a surge in troop numbers was likely. Fallon on Tuesday outlined £180 million infrastructure spending plans, but told MPs numbers would remain at around 1,200 military and civilian personnel.
Tuesday, March 24th 2015 - 05:16 UTC
Holdouts of Argentine-law bonds 'reach agreement' with Griesa and Citibank

Paul Singer-controlled NML Capital said that the hedge fund, as well as other holders of Argentine debt, made a deal with Citibank regarding the legal dispute at New York courts over Argentine-law bonds.
Tuesday, March 24th 2015 - 04:55 UTC
Falklands' defense review full statement from Secretary Fallon expected soon

A statement from UK Defense secretary Michael Fallon relative to the Falkland Islands' garrison is expected sometime this week, according to reports in the British media. The Falklands' military response capacity has been a matter of much ongoing debate among analysts and former officers, as Argentina allegedly is involved in increased military expenditure.
Tuesday, March 24th 2015 - 04:36 UTC
Argentines fly the flag in South Georgia, 33 years ago

Ushuaia daily Diario Fin del Mundo recalls that 33 years ago on 19 March 1982, the Argentine navy transport vessel ARA Bahía Buen Suceso landed in South Georgia a party of workers on contract to dismantle remains of the whaling station, and on arriving raised the Argentine flag. An incident which was to lead to the full-fledged conflict the following month.
Monday, March 23rd 2015 - 17:24 UTC
Release in twitter of Nisman's dead body photo further complicates the case

Argentina's Cabinet Chief Anibal Fernández said on Sunday that he has filed an official complaint against attorney Adrian Bastianes, who posted on Twitter a photo of the dead body of AMIA special prosecutor Alberto Nisman, to the Federal Police.
Monday, March 23rd 2015 - 17:20 UTC
Griesa yields: allows Citibank to process interest payments of Argentine law bonds

United States Judge Thomas Griesa finally authorized Citibank Argentina to process interest payments of bonds issued under Argentine law, with a payment deadline on March 31 and on June 30, and to exit its custody business in Argentina.
Saturday, March 21st 2015 - 06:56 UTC
Argentina's current account deficit widened to 5.07bn in 2014

Argentina’s current account deficit widened 7.9% to 5.07 billion dollars in 2014 as Latin America’s third-biggest economy eked out meager 0.5% growth, official data showed. Exports fell 11.9% from 2013 to 71.94bn, hurt by low international prices for Argentine soy, wheat and corn as well as weakened demand in key trading partner Brazil, where economic growth is also stagnant.