On April 2nd we claim sovereignty over our Malvinas Islands was the message twitted by Argentine president Alberto Fernandez on the Malvinas War Veteran and Fallen Day, outstanding date in the official calendar of the country which recalls that 38 years ago, Argentine forces invaded the Falklands, triggering a conflict that would end 74 days later.
Argentina will continue talks this week and next with creditors over restructuring its US$ 83 billion in foreign debt, Economy Minister Martin Guzman said after the country missed the March 31 deadline it had set previously.
Honoring foreign debt will have to wait because given the coronavirus pandemic priority is now the health of the Argentines, said president Alberto Fernandez on Monday, adding he would not let local companies fire o declare workers redundant.
Argentina will layout “guideposts” this week for a restructuring of its nearly US$70 billion in foreign debt, but the country is not yet ready to make a formal proposal to creditors, according to political sources in Buenos Aires.
Mandatory quarantine measures that permit citizens to leave their homes only for essential reasons will remain in place in Argentina until April 12, President Alberto Fernandez announced on Sunday.
Argentina declared a mandatory preventive social isolation extensive to the whole country beginning midnight Friday until March 31st to mitigate the spread of Covid 19. President Alberto Fernandez made the announcement on national broadcast and standing with him were the leaders of the main political parties.
Argentina will close its borders for 15 days to non-residents in order to combat the spread of coronavirus, President Alberto Fernandez announced on Sunday. Public and private school classes would also be suspended until March 31, Fernandez said. National parks would also be closed.
Argentina will revamp as much as US$ 68.8 billion in foreign law bonds as it restructures its debt, the government said in a decree on Tuesday, paving the way for tense negotiations as the country looks to strike a deal with creditors this month.
An International Monetary Fund team currently in Argentina has held “productive” talks with local officials, a spokesman said on Thursday, though there was little detail on concrete progress about reaching a deal over the country’s debt crisis.
The Kirchnerite government headed by president Alberto Fernandez announced on Sunday, at the opening of the 138th congressional session, the new focus of the Malvinas Islands/Antarctica policy which will emphasize the sovereignty claim over the South Atlantic Islands, particularly the Falklands, and sanction those fishing companies operating in the area.