Tag: Argentina

• Thursday, December 28th 2017 - 10:30 UTC

  Argentine Senate approves tax reform and 2018 budget; economy expanded 0.2% in October

  

  Argentina’s Senate on Wednesday gave final approval to the government’s tax reform and 2018 budget plan, part of President Mauricio Macri’s push to cut business costs and attract investment to Latin America’s No. 3 economy.

• Thursday, December 28th 2017 - 10:18 UTC

  Argentina's stock market Merval has gained around 75% in the last twelve months

  

  Merval, the benchmark stock market index in Argentina, rose 0.25% to 29,260.33 on Wednesday, reflecting investor optimism that the Senate would pass the 2018 budget and a tax reform. It was the seventh consecutive increase of the index.

• Thursday, December 28th 2017 - 10:15 UTC

  YPF reaches agreement and will pay US$ 114m on a conflict from 2009

  

  Argentina's state-owned oil company YPF will pay US$ 114 million to Transportadora de Gas del Mercosur (TGM) to end a conflict that began in 2009 when the company suspended the shipment of natural gas.

• Wednesday, December 27th 2017 - 11:08 UTC

  Argentine Air Force base turned into an airport for low cost airlines' operations

  

  El Palomar airport to the west of metropolitan Buenos Aires was officially incorporated to Argentina's National System of Airports and will be open for the low cost airlines to operate, beginning January.

• Wednesday, December 27th 2017 - 11:02 UTC

  Federal Judge Griesa who presided over Argentina's dispute with hedge funds, has died

  

  A New York federal judge who drew the ire of Argentine government officials in a long-running case over Argentina’s debts has died. Judge Thomas P. Griesa was 87, and spent 45 years on the federal bench.

• Wednesday, December 27th 2017 - 09:36 UTC

  Moody's expects Argentine economic recovery in 2018 and 2019

  

  Credit risk rating agency Moody's expects Argentina's economic recovery to continue in 2018 and 2019, helped by the reforms advanced by the Mauricio Macri's administration in the last two years.

• Wednesday, December 27th 2017 - 08:21 UTC

  It's official: Nisman was murdered, and his ex secretary is charged as accessory to the crime

  

  Alberto Nisman, the Argentine prosecutor who was found dead days after accusing former President Cristina Fernandez of covering up Iran’s role in the 1994 bombing of a Jewish community center, was murdered, a federal judge said on Tuesday

• Wednesday, December 27th 2017 - 08:05 UTC

  Argentine demanding US$ 1.2bn compensation from Cristina Fernandez and cronies

  

  The Argentine government is demanding compensations of over 1.2 billion US dollars from ex president Cristina Fernandez, several of her ministers and staff, as well as businessmen benefitted by the Kirchner administrations, for damages caused by acts of corruption.

• Saturday, December 23rd 2017 - 12:34 UTC

  Indictment and preventive imprisonment of Cristina Fernandez confirmed by federal court

  

  An Argentine Federal Court in Buenos Aires City confirmed the indictment and preventive imprisonment of ex president Cristina Fernandez, one of several defendants under investigation for the alleged cover up of the attack against a Jewish organization, by signing a memorandum of understanding with Teheran considered the culprit of the 1994 carnage which cost 85 lives and hundreds injured.

• Friday, December 22nd 2017 - 11:02 UTC

  Macri sends message to the Venezuelan people and demands respect for human rights

  

  Argentine president Mauricio Macri in Brasilia expressed full solidarity with the Venezuelan people, called for human rights respect and freedom for the political prisoners held by the regime of president Nicolas Maduro.