Tag: Argentina

• Saturday, August 11th 2018 - 09:13 UTC

  Black Friday for Argentina: dollar climbs 3.86% and sovereign credit risk reaches 700 points

  

  Argentina’s peso closed down 3.86% on Friday and the stock market ended 1.44%, pressured by emerging markets turmoil, particularly in Turkey, and a corruption scandal that has touched some of the country’s top business leaders, traders said.

• Saturday, August 11th 2018 - 09:02 UTC

  Three more graves have names in the Argentine military cemetery at Darwin

  

  Argentina confirmed on Friday the identification of three more soldiers fallen during the South Atlantic conflict in 1982, and whose remains rest in the Argentine military cemetery at Darwin in the Falkland Islands.

• Friday, August 10th 2018 - 06:51 UTC

  Brazil and Argentina markets hit by domestic and overseas uncertainties

  

  Major Latin American currencies fell against the dollar on Thursday as global trade tensions strengthened the greenback and political uncertainty in Brazil and Argentina. Latin America's largest economy heads into a presidential election in two months time and in Argentina a major corruption scandal is unfolding.

• Thursday, August 9th 2018 - 20:33 UTC

  Brazil's auto exports tumble 21% in July over June: fingers point to Argentina weakness

  

  Brazil's auto exports tumbled 21% in July from a month ago, the country's automakers' association said on Tuesday, blaming a monetary crisis in neighboring Argentina for the shortfall and adding that it expects exports to be steady for the year, not higher as it had predicted before last month.

• Thursday, August 9th 2018 - 11:38 UTC

  Argentina: abortion bill rejected but reforms could be introduced to the Criminal Code

  

  The Argentine Senate as was anticipated finally rejected a divisive bill that would have legalized elective abortion for pregnancies of up to 14 weeks. Thirty-eight senators voted against the legislation on Thursday following a debate that lasted more than 15 hours.

• Thursday, August 9th 2018 - 07:13 UTC

  Parana River low water level increasing freight costs for cereal transport

  

  Large grain transport ships using Argentine’s port hub of Rosario have had to reduce their cargo by between 3,200 and 4,300 tons because of an unusually low water level in the Parana River, the Rosario grains exchange said this week.

• Thursday, August 9th 2018 - 07:02 UTC

  Argentina expecting a bumper 2018/19 wheat crop of some 20m tons

  

  Argentine farmers are finishing this year's wheat sowing, helped by moist soils and cold weather that is prolonging the vegetative stage of crops, raising hopes of high yields and a record harvest, growers and analysts said on Wednesday. Cold Southern Hemisphere winter weather allows seedlings to grow more sprigs per plant. Harvesting starts in November.

• Wednesday, August 8th 2018 - 06:33 UTC

  Abortion debate: the “blue camp” trusts it has 37 votes (out of 72) in the Senate

  

  An Argentine ruling coalition Senator predicted that the decriminalization abortion bill that will be debated on Wednesday in the upper House, will be rejected since the so called “negative position will triumph”. Ernesto Martinez, who represents the province of Cordoba and supports the bill, said that the “blue camp” had already got enough votes to win a majority.

• Wednesday, August 8th 2018 - 06:20 UTC

  Amnesty makes abortion decriminalization debate in Argentina a worldwide issue

  

  Amnesty International has taken out a provocative advert that will appear in 134 countries on the eve of the vote to decriminalize abortion in Argentina. An image of a coat-hanger, a stark symbol long-associated with unsafe and clandestine abortions, will highlight the deadly consequences of the current law, and remind Senators that they have the power to save many lives by voting to decriminalize abortion.

• Wednesday, August 8th 2018 - 06:02 UTC

  Argentine ex-vice president Boudou sentenced to five years and ten months in prison

  

  Argentina's former vice president, Amado Boudou, was sentenced to nearly six years in prison on Tuesday after being found guilty of corruption while serving under former president Cristina Fernandez de Kirchner. The charges related to Boudou's attempt to buy a company that printed currency through a front business while serving as Cristina Fernández economy minister.