Tag: Argentina

• Sunday, August 26th 2018 - 04:35 UTC

  Argentina's Peso falls 1.42% on Friday, despite a weaker dollar following Fed's Powell speech

  

  Argentina’s peso currency fell 1.42% to a record low close of 30.92 per dollar on Friday, weighed down by an economy slipping into recession, high inflation and uncertainty driven by corruption investigations.

• Sunday, August 26th 2018 - 02:35 UTC

  Macri blames the lack of infrastructure to rampant corruption under the Kirchners

  

  Argentine president Mauricio Macri linked the poor state of the country's infrastructure to the so called “K corruption notebooks”, but also praised that truth is coming to light and in just two years Argentina's standing in the Transparency rating had gone from position 54 to 17.

• Friday, August 24th 2018 - 09:06 UTC

  Latin American growth lowered to 1.5% this year, in a “complex global scenario”

  

  Latin America's economic growth is set to come in lower than expected this year, as US protectionism and widespread wariness of emerging markets put a drag on the region, a UN panel said Thursday. The Economic Commission for Latin America and the Caribbean (ECLAC) slashed its growth forecast for the region by 0.7 point to 1.5%, saying the “complex global scenario” had dimmed the outlook since its last report in April.

• Friday, August 24th 2018 - 09:04 UTC

  Corruption scandal: Police searched homes of ex Argentine president Cristina Fernandez

  

  Police accompanied by sniffer dogs searched the homes of Argentina's former president Cristina Kirchner on Thursday as the investigation intensified into the so-called “notebooks” corruption scandal that has rocked the country.

• Friday, August 24th 2018 - 08:50 UTC

  Argentina’s economy contracts in June for the third month running

  

  Argentina’s economy contracted 6.7% in June compared with the same month last year, and 1.3% compared with May, government statistics agency Indec said on Thursday. June was the third consecutive month of decline following 5.2% in May and 0.6% in April.

• Thursday, August 23rd 2018 - 09:13 UTC

  Argentine Senate unanimously approves raids on properties from ex president Cristina Fernandez

  

  Argentina's Senators have approved a judge's request for authorities to carry out raids on properties owned by former president Cristina Fernandez de Kirchner, as part of a case investigating widespread corruption. Cristina Fernandez is currently a senator and was one of the 67 lawmakers who voted unanimously in favor of the motion.

• Thursday, August 23rd 2018 - 08:58 UTC

  Argentine trade deficit in seven months climbs to US$ 5.9 billion

  

  Argentina posted a trade deficit of US$789 million in July, government statistics agency Indec said on Wednesday, compared with a deficit of US$ 359 million in June and a deficit of US$ 748 million in July 2017.

• Thursday, August 23rd 2018 - 08:05 UTC

  Argentina rolling over short term debt into longer duration Treasury notes

  

  Argentina sold US$2.1 billion in three and six-month treasury notes, the Treasury Ministry said on Wednesday, as it seeks to direct investors away from shorter-term central bank debt and into longer duration instruments. The amount sold represented more than double the US$ 1 billion in dollar-denominated treasury notes that mature on Friday.

• Wednesday, August 22nd 2018 - 08:30 UTC

  Patagonian toothfish sampling project in Argentina/Uruguay Common Fishing Zone

  

  A genetic exploration and sampling project of the Patagonian toothfish in the Argentine-Uruguayan Common Fishing Zone (ZCPAU).has been launched. The project, developed by the company Argenova with its longliner Argenova XIV is being done with the participation of scientists from Argentina's National Institue of Fisheries Research and Development (INIDEP) and with the Estremar company.

• Wednesday, August 22nd 2018 - 06:43 UTC

  Argentines turnout to the streets to demand end to corruption and Cristina Fernandez immunity

  

  A massive demonstration concentrated in front of Argentina's congress in down town Buenos Aires to demand the removal of ex president and now Senator Cristina Fernandez immunities and the approval of a “dominium extinction” which would force “corrupt politicians” to return stolen money and assets.