Argentina

• Thursday, September 4th 2014 - 05:00 UTC

  Argentina looks to Uruguay to issue sovereign bonds and pay creditors

  

  A former chairman of Argentina's central bank board, Aldo Pignanelli considered neighboring Uruguay could be a “trustworthy” option for Argentina to issue sovereign bonds and pay creditors. Uruguay has an outstanding international reputations regarding abiding by contracts and ensuring legal security, added the Argentine banker.

• Wednesday, September 3rd 2014 - 22:17 UTC

  China expanding its investments in Argentina's South Atlantic fisheries

  

  China is interested in investing in Argentine port infrastructure and in setting up companies with access to the South Atlantic fisheries, according to reports from Shanghai where an Argentine top level delegation is currently negotiating in the framework of the China-Argentina cooperation agreement.

• Wednesday, September 3rd 2014 - 22:05 UTC

  Soros signals Argentina’s shale is biggest place to be

  

  One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both super-majors and smaller players making big waves in the heart of new discovery areas.

• Wednesday, September 3rd 2014 - 09:00 UTC

  Argentine presidential election 25 October 2015, and run-off 24 November

  

  Argentina's National Electoral Register has confirmed that the first round of presidential elections will take place on October 25 2015, with a run-off penciled in for November 24 if no candidate takes enough votes to win outright.

• Wednesday, September 3rd 2014 - 06:37 UTC

  Kicillof in China to confirm loans and a much needed swap dollars

  

  Credit strapped Argentina is wooing Beijing and with this purpose Economy Minister Axel Kicillof, Planning Minister Julio De Vido and YPF oil company CEO Miguel Galuccio are currently on an official trip to China, aimed at gathering funding for public works including two dams and one nuclear power plant.

• Tuesday, September 2nd 2014 - 22:45 UTC

  Argentina/Brazil bilateral trade drops to 2010 level. Auto industry hardest hit

  

  Bilateral trade between Mercosur leading partners Argentina and Brazil plummeted 27.6% in August and 22% in the last twelve months, according to Buenos Aires consultants, Abeceb. Recession in Brazil plus strict Argentine trade restrictions and slower domestic demand has contributed to the results.

• Tuesday, September 2nd 2014 - 07:43 UTC

  Falklands/Malvinas issue to be addressed by Mercosur parliament 11 November

  

  The Mercosur Parliament, Parlasur will be holding a special session next 11 November in Montevideo dedicated to the Falklands/Malvinas Islands sovereignty issue, it was announced this Monday in Buenos Aires during a visit of a delegation from the regional legislative to the Argentine congress.

• Tuesday, September 2nd 2014 - 06:57 UTC

  Interreligious soccer match had Maradona as one of the outstanding stars

  

  Diego Maradona and Roberto Baggio were among a host of former soccer stars who played in an interreligious charity match backed by Pope Francis on Monday night. The Argentine pope, an avid soccer fan, did not attend the match but had an audience with both teams earlier in the day and also broadcast a message on the big screens at Rome's Olympic Stadium ahead of kickoff.

• Monday, September 1st 2014 - 13:46 UTC

  Timerman presents plan to regulate sovereign debts before the UN on Tuesday

  

  Foreign Minister Hector Timerman referred to Argentina’s plan to regulate international debt restructurings, to be presented on Tuesday before the UN’s General Assembly, and stressed the importance of the project saying that “the legal loophole is huge” and that it affects “most of the countries in the world.”

• Saturday, August 30th 2014 - 11:06 UTC

  Capital Markets accept review of sovereign default and making terms extensive to all bondholders

  

  The International Capital Market Association (ICMA) published on Friday the revised framework that allows a majority of investors holding sovereign bonds that default to make changes to the terms, such as extending maturities or reducing the principal.