Tag: Argentina

• Saturday, April 30th 2016 - 12:41 UTC

  British Supreme Court Justice gives a lecture in Buenos Aires on the Carta Magna

  

  Visiting British Supreme Court Justice Lord Robert Carnwath gave a lecture for the United Kingdom Course of the University of San Andres, in Buenos Aires. Among important participants to the event were the President of Argentina’s maximum tribunal, Ricardo Lorenzetti, as well as magistrates, prosecutors and renowned law experts.

• Saturday, April 30th 2016 - 12:12 UTC

  Argentine unions take to the streets to protest job cuts and inflation

  

  Argentina’s strongest unions brought thousands of people into the streets Friday to protest high inflation and job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December. Demonstrators waving blue and white Argentine flags flooded the main avenues of Buenos Aires, blocking traffic in a protest that brought together rival unions that put aside differences to protest Macri’s policies.

• Saturday, April 30th 2016 - 11:45 UTC

  YPF will fight back legal claim seeking US$ 500 million for rescinding contracts

  

  Argentina's state-run energy company YPF said this week it will fight a legal claim seek more than US$500 million in damages for rescinding natural gas export contracts in 2009. “YPF shall use all its legal resources to defend its interests and those of its shareholders,” the company said in a filing with the Buenos Aires Stock Exchange.

• Saturday, April 30th 2016 - 10:57 UTC

  A natural size bronze statue of Kirchner found during Argentine prosecutors raids in Santa Cruz

  

  The mega judicial raids in Argentina into the properties of arrested Kirchnerite businessman Lazaro Baez and his family, in the southern province of Santa Cruz, so far have found less cash than rumored but far more assets that expected, including some surprises such as a full size bronze statue of former president Nestor Kirchner.

• Friday, April 29th 2016 - 06:08 UTC

  IMF praises Argentina's new focus despite an expected contraction of 1% this year

  

  Argentina's GDP is expected to contract by about 1% in 2016, according to the latest IMF Regional Economic Outlook; Western Hemisphere, announced on Wednesday in Mexico. The chapter on Argentina makes a special mention of the new government's changes to remove macroeconomic imbalances.

• Thursday, April 28th 2016 - 12:05 UTC

  China plans to track moon spacecrafts from its station in Argentine Patagonia

  

  In March next year, China's space and satellite tracking station in Quintuco, Argentine Patagonia will become operational, according to members from China's Space Agency, CLTC, who advanced that in June scientists will be mounting the station's antenna to explore outer space.

• Thursday, April 28th 2016 - 07:37 UTC

  Corruption network ever closer to Cristina Fernandez as associates are investigated

  

  Argentina's Lower House member and former Secretary of ex president Cristina Fernandez, Eduardo “Wado” De Pedro is under prosecution investigation following claims he over billed travel expenses while overseas in 2015 as part of the presidential delegations.

• Wednesday, April 27th 2016 - 10:44 UTC

  Paul Singer praises Macri but warns about negative impact from Collective Action Clauses

  

  Financier Paul Singer again took to the US media to celebrate Argentine President Mauricio Macri’s decision to settle with the so-called “speculative” creditors, including Singer’s own Elliott Management, with an article in the Wall Street Journal heaping praise on his business-friendly approach and willingness to negotiate with the holdouts.

• Tuesday, April 26th 2016 - 08:28 UTC

  Brexit impact on Falklands could be ''catastrophic” for the economy and might encourage Argentina

  

  If Britain finally leaves the European Union it might encourage Argentina to be more aggressive, according to Sukey Cameron, Falkland Islands government representative in London interviewed by The Telegraph political correspondent Ben Riley-Smith.

• Saturday, April 23rd 2016 - 10:46 UTC

  Treasury Secretary Lew praises Argentina for its reintegration to the global economy

  

  United States Treasury Secretary Jacob J. Lew celebrated Argentina's return to international markets and reintegration to the global economy, following the final settlement with holdout creditors, which it described as a major milestone not only for Argentina but for the global financial system.