Argentina oil company YPF is courting Malaysia's Petronas as a possible partner to develop the promising Vaca Muerta shale, according to reports. YPF chief executive Miguel Galuccio was in Kuala Lumpur for a meeting on Wednesday with Petronas leader Tan Sri Dato Shamsul Azhar Abbas, the La Nacion newspaper reported.
The Celac summit in Cuba underlined in its final declaration its determination to strengthen the regional space among Latin American and Caribbean countries and at the same time ratified its full support for Argentina's claim over the Falklands/Malvinas Islands.
Argentine President Cristina Fernandez underwent tests for an incident of lumbago or back pain at a Buenos Aires hospital on Wednesday afternoon, according to an official release from the hospital and the Government House Public Communication Office. Early morning the president arrived from Cuba where she attended the Celac summit.
Argentine president Cristina Fernandez celebrated the advances in integration achieved by Latin America and the Caribbean, and thanked country members for their support in Argentina's claim over the Malvinas and other South Atlantic Islands sovereignty.
Following on an initiative from the standing Bureau of the United Nations Special Committee on Decolonization, Argentina's Secretary Related to Malvinas and other South Atlantic Islands Affairs, Daniel Filmus held a meeting with its members on Tuesday at UN headquarters in New York.
The Brazilian government is determined to advance with negotiations for a trade agreement between Mercosur and the European Union even if it means leaving Argentina for a second phase of the process, according to sources from Itamaraty, the country's foreign ministry, reported in the Rio do Janeiro media.
Paul Singer, head of Elliot Management Corp., defined as “bizarre”, the bondholders’ offer to resolve judicially the dispute with Argentina over the debt in default from 2001, during in a letter sent to investors and published by Bloomberg News.
The New York Times published on Wednesday a very strong editorial criticizing the misguided policies of the government of President Cristina Fernandez, arguing that once again 'Argentina is on the brink”.
For second day running the Argentine foreign money market reacted with normality with the official rate of the US dollar closing at 8.015 Pesos, while the so called 'reference dollar' for savings traded at 9.62 Pesos and the 'blue' or parallel climbed 35 cents to 12.50 Pesos.
Paul Singer, CEO of hedge fund Elliott Management Corporation and who is litigating Argentina demanding full payment of defaulted bonds described Argentina's government policies as 'horrendous' and stated that 'talking' he could settle the dispute 'in an afternoon'.