Argentina

Wednesday, August 28th 2013 - 14:22 UTC
UK reaffirms support for Gibraltar; Picardo meets with PM Cameron and Hague

British Prime Minister David Cameron office has highlighted the significance of Chief Minister Fabian Picardo’s visit to No 10 Downing Street as an indication of the relationship and support of UK for Gibraltar.
Wednesday, August 28th 2013 - 14:13 UTC
Falklands’ lawmaker invites Brazilian companies to join Islands oil industry development

The sovereignty issue should be left aside and talks should concentrate on the business opportunities offered by the oil industry in the Falkland Islands, said lawmaker Dick Sawle during an interview with AP in Brazil where he is on a week long visit of business and political contacts.
Wednesday, August 28th 2013 - 01:22 UTC
Mujica and Cristina Fernandez seal peace at a de-sulphuring plant inauguration

Uruguay and Argentina presidents Jose Mujica and Cristina Fernandez seem to have ironed out differences, at least in public and in the pictures, during the inauguration of a gasoline and diesel de-sulphuring plant in Montevideo, which was financed with Venezuelan funds and Argentine technology.
Wednesday, August 28th 2013 - 01:07 UTC
Argentina's international reserves at a six year record low, and sliding ….

Argentina’s central bank international reserves pierced the psychological barrier of 37bn dollars and ended Tuesday at 36.9bn dollars, which is the lowest in over six years and will continue to drain since next month the country must repay in full 2bn of a 2007 sovereign bond.
Wednesday, August 28th 2013 - 00:43 UTC
Wide political support in Argentina for Cristina Fernandez new debt swap proposal

The opening of a new sovereign debt swap announced by Argentine President Cristina Fernández on national television on Monday has received strong support from allies, pledges of neutrality from the main opposition party but also criticisms.
Wednesday, August 28th 2013 - 00:24 UTC
Argentine bonds lose ground following the debt swap announcement

Argentina bonds in dollars, protected by local legislation fell the most in four months after President Cristina Fernandez announced she’s sending a bill to Congress to reopen the debt swap so that holders of the 7% of pending non restructured debt can normalize their situation in similar conditions.
Tuesday, August 27th 2013 - 21:59 UTC
Cristina Fernandez calls for reciprocity from foreign airlines operating in Argentina’s domestic market

Argentine President Cristina Fernandez got involved in the Lan Chile hangar conflict at the Buenos Aires metropolitan air terminal by praising the performance of re-nationalized Aerolíneas Argentinas and claiming that while foreign carriers can exploit the Argentine domestic market, “there is no reciprocity from other countries”.
Tuesday, August 27th 2013 - 02:19 UTC
LAN appeals hangar eviction in Buenos Aires airport; unions pledge strike in support of Chilean carrier

Lan Chile went to court in Argentina on Monday to appeal its eviction from a hangar at the metropolitan Buenos Aires Aeroparque airport, which is a crucial element of its national and regional operations. Several unions have anticipated that if the eviction is not stopped they will go on strike and interrupt domestic flights.
Tuesday, August 27th 2013 - 01:13 UTC
Cristina Fernandez sends bill to reopen third debt swap and calls on God to illuminate US Supreme Court

Argentina will send a bill to Congress this week to reopen a debt restructuring for those creditors who haven’t accepted previous swaps after the nation’s 2001 default, said President Cristina Fernandez Monday evening on national television.
Monday, August 26th 2013 - 03:01 UTC
Argentina defiant of bonds‘case latest ruling: ‘they want to take us back to 2001’

Argentine Economy minister Hernán Lorenzino said that the New York appeals court ruling supporting Judge Thomas Griesa decision in favour of paying the hedge funds the 1.3bn dollars they are demanding, was an “attempt to take the country back to 2001”.