Tag: Argentina

• Wednesday, May 16th 2018 - 06:40 UTC

  “Falklands want a normal, friendly relationship with all its neighbors, but...”

  

  ”We would be delighted to have a normal, friendly relationship with all our neighbors, to freely trade with, work with and discuss things of mutual benefit” said Falkland Islands lawmaker MLA Roger Edwards at the UN Decolonization 2018 Pacific Regional Seminar held in Grenada last week. But, he added, “instead, we are not recognized or accepted as a people in our own right”, by Argentina.

• Tuesday, May 15th 2018 - 06:54 UTC

  Argentina's “L” Day challenge: US$ 25bn in Peso bonds mature on Tuesday

  

  The Argentine Peso plummeted to a new low on Monday despite government attempts to curb losses in recent weeks by hiking interest rates and shedding billions in foreign reserves. The Peso fell sharply on opening Monday and closed down 6.2%, trading at 25.52 against the dollar, having lost close to 33% so far this year.

• Tuesday, May 15th 2018 - 06:43 UTC

  Argentine admits less growth and more inflation, but exports could be boosted with a dearer dollar

  

  High interest rates will have a negative impact on activity, and the weaker peso resulting from a floating exchange rate regime will add to already sky-high inflation, but both are necessary to prevent a deeper crisis, Argentine Treasury Minister Nicolas Dujovne admitted on Monday.

• Tuesday, May 15th 2018 - 06:36 UTC

  Cristina Fernandez formally charged of money laundering and illicit association

  

  Argentine federal judge, Julian Ercolini, on Monday began legal proceedings against former President Cristina Fernandez de Kirchner (2007-2015) and her two children on charges of money laundering and illicit association.A statement from the court said that Ercolini had frozen assets belonging to the family worth 800 million pesos (some 32 million U.S. dollars).

• Monday, May 14th 2018 - 20:04 UTC

  Argentina/UK: Agreement to enhance Antarctic scientific co-operation

  

  The British Antarctic Survey (BAS) and the Instituto Antártico Argentino (IAA) today signed a memorandum of understanding.The agreement will enable the implementation of joint science and technology research projects as well as enhanced training and exchange of personnel. .

• Monday, May 14th 2018 - 08:20 UTC

  The Economist: Will Argentina's woes spread?

  

  Argentina has much in common with yesterday's emerging markets, but little in common with today's

• Saturday, May 12th 2018 - 09:37 UTC

  Leading global oil companies interested in Argentina offshore blocks auction

  

  Oil firms, including Norway’s Statoil, U.S.’ Anadarko Petroleum Corp, China’s CNOOC and Malaysia’s Petronas, have shown interest in Argentina’s auction this year of offshore blocks for exploration and production, the country’s energy minister said.

• Saturday, May 12th 2018 - 07:50 UTC

  Macri enlists further financial and political support, but Peso continued to slide

  

  Argentina’s central bank sold US$1.1 billion in the foreign exchange market on Friday and the peso weakened 2.74% to an all-time closing low of 23.35 per U.S. dollar despite talks aimed at securing an International Monetary Fund financing deal.

• Saturday, May 12th 2018 - 07:07 UTC

  Argentina buys five modernized “symbolic” Super Etendard fighter-jets from France

  

  Argentina has bought five modernized Super Etendard fighter jets from the French National Navy for 12.6 million Euros (US$ 15.1 million). The agreement of the operation between both countries is established as one of the forms of cooperation, says Official Gazette.

• Friday, May 11th 2018 - 06:29 UTC

  Argentine stock market climbs 6% and the exchange market operates cautiously

  

  Argentine equities rallied on Thursday, while the country's peso currency was stable, as the central bank sold foreign currency reserves in the spot market for the first time since the country announced it was seeking financing from the IMF.