Tag: Argentina

Monday, June 25th 2018 - 10:24 UTC
General strike in Argentina to protest president Macrí's economic reforms

Argentina labor's umbrella organization CGT, has organized a strike for Monday to protest the economic reforms being implemented y the administration of president Mauricio Macri's business friendly administration.
Friday, June 22nd 2018 - 09:16 UTC
Stocks up 6% and the Peso stabilized following MSCI upgrade of Argentina

Argentine stocks surged on Thursday after index provider MSCI upgraded the country to its emerging markets index a day earlier, a respite from months of dismal economic news for market-friendly President Mauricio Macri. The local Merval stock index closed up 6%, led by industrials and banks. Investment bank Grupo Financiero Valores led gains, rising 18.3%, while aluminum producer Aluar rose 13%.
Friday, June 22nd 2018 - 09:13 UTC
Sampaoli takes the blame for the crushing defeat to superb Croatia

Argentina coach Jorge Sampaoli has promised the team will give everything they have to try and qualify for the World Cup's round of 16 after their hopes of progression suffered the hammer blow of a 3-0 loss to Croatia.
Thursday, June 21st 2018 - 14:38 UTC
“The Argentine claim to our Falkland Islands is unfounded and unwelcome”

”We have a right to live in peace, in freedom and to determine our own future”. “We have a right to live in peace, we have a right to our freedom and above all we have a right to determine our own future”, Falkland Islands elected lawmaker, MLA Ian Hansen told the United Nations decolonization committee or C24 on Wednesday, in New York.
Thursday, June 21st 2018 - 11:16 UTC
Falkland Islands approve exhumation and repatriation of Argentine Soldier

Last week the Falkland Islands Government approved under Falkland Islands law the exhumation of the body of Flight Lieutenant Luis Dario Jose Castagnari. Mr Castagnari is buried at the Argentine Cemetary near Darwin in the Islands, having perished during the 1982 war.
Thursday, June 21st 2018 - 08:03 UTC
IMF Executive Board approves US$50bn Stand-By Arrangement for Argentina

The Executive Board of the International Monetary Fund (IMF) approved on Wednesday a three-year Stand-By Arrangement (SBA) for Argentina amounting to US$50 billion (equivalent to SDR 35.379 billion, or about 1,110 percent of Argentina’s quota in the IMF).
Thursday, June 21st 2018 - 06:55 UTC
A good one for Macri: MSCI decides to reclassify Argentina as an emerging market

Index provider MSCI said on Wednesday it will reclassify Argentina as an emerging market and begin including Saudi Arabia in that classification, sharply broadening the investor base for both countries in a move that could be supportive of their equity markets. The decisions will be effective beginning in mid-2019.
Wednesday, June 20th 2018 - 08:31 UTC
Global Index decides on Wednesday if it includes Argentina and Saudi Arabia

Global index compiler MSCI is considering including Argentina and Saudi Arabia in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday, and could potentially announce candidates that may join its indexes in future.
Wednesday, June 20th 2018 - 06:54 UTC
Argentine central bank contains run on the Peso, and major dumping of bonds

Argentine bonds touched their lowest levels of market-friendly President Mauricio Macri's term on Tuesday, but rebounded in a volatile trading session. Meanwhile the country risk (a measure of the difference between its bond yields and those issued by other countries) rose as much as 27 points to a 33-month peak.
Tuesday, June 19th 2018 - 09:04 UTC
Maradona comes out in support of Messi and his missed penalty

Argentina’s Diego Maradona has come out to defend Lionel Messi after the Barcelona attacker missed a penalty in his team’s draw against Iceland on Saturday. Speaking to Telesur, the 1986 World Champion said: ”I missed five penalties in a row and I was still Diego Armando Maradona.