Argentina made payments of over 3.5 billion dollars on Friday in GDP-linked bonds which refer to the 2005 and 2010 rescheduling agreed with creditors who originally held 2001/02 defaulted sovereign bonds. At the same bank the Central bank revealed that international reserves have fallen to its lowest since 2007.
Brazil's state-run oil company Petrobras is putting its Argentine assets up for sale and will start accepting bids from interested buyers as early as this week, Buenos Aires newspaper La Nacion reported Friday.
The UN International Tribunal for the Law of the Sea ordered on Saturday the release of ARA Libertad, the Argentine naval training ship which has been detained in Ghana since October at the request of holders of defaulted Argentine state bonds.
Argentina's official inflation was 0.9% in November, rising slightly from October's 0.8% rate, the government stats office Indec said on Friday.
Mexico said it would drop a complaint over import curbs against Argentina before the World Trade Organization after the two countries signed a more limited automobile trade pact.
There are over 16.000 homeless living in the streets of Buenos Aires with great difficulties to access public health services according to the ‘Health in the streets’ report from ‘Doctors of the world’ and which was released Friday in the Argentine capital.
Argentine Federal Judge Horacio Alfonso declared that articles 45 and 161 of the controversial 2009 Media Law are constitutional, and ordered the injunction that left the application of the law in suspense to be lifted immediately.
Argentine opposition lawmakers presented November's inflation rate, or ‘Congressional rate’ based in the analysis of nine private agencies, which showed a 1.81% advance against the previous month, accumulating 25.4% in the last twelve months, “the highest in 18 months”.
The IMF said Thursday that it was unlikely to take action on Argentina failure to supply accurate statistical data before January, if the country misses a deadline next Monday.
P&O, a subsidiary of Carnival Corporation Plc and one of the world’s leading cruise operators will be omitting Puerto Madryn, Ushuaia and Buenos Aires from its 2013 season because of the difficulties encountered by its red ensign vessels in Argentine ports during recent months. However the company confirms that the vessels will continue to call in the Falkland Islands.