Argentina's President Mauricio Macri received fresh endorsement of his economic measures on Wednesday when French President Francois Hollande flew in to Buenos Aires with 30 business leaders looking for investment opportunities. The visit reflected a turnaround in Argentina's global profile since Macri took power two months ago and immediately set about mending diplomatic ties and his country's tattered credit ratings.
Argentina and a group of hedge funds are nearing a deal that would pay investors about 70% of what they say they are owed, as the government moves closer to re-entering the global bond markets following its 2001 default.
Argentina's oil and gas company YPF submitted a copy of the contract signed with Chevron back in 2013 for joint works at the Loma Campana field in the province of Neuquén. Still, Argentina’s state-run energy giant demanded “confidential information” not to be revealed.
The current phase of demining in the Falkland Islands, which began in January 2015, is nearing completion and MercoPress recently caught up with the Head of the Falkland Islands Demining Programme Office (FIDPO), Guy Marot, to discuss the ongoing progress of demining in the Falklands.
Argentine president Mauricio Macri said he wants to reach an agreement with the UK that will enable collaboration in areas of mutual interest, despite the dispute over the Falkland/Malvinas Islands, although 'we will never drop Argentina's historic claim on the issue'.
Argentina and Great Britain are close to reaching an agreement on procedures for the identification of the Argentine combatants buried at the memorial in the Falkland Islands, reports Clarin, Apparently discussions are quite advanced and an Argentine proposal was replied by a Foreign Office counter proposal.
The two young Chileans that remained in custody following the graffiti and damages to the Monument to the Malvinas fallen in the National Flag park of the city of Rosario, Argentina were finally set free by Federal Judge Carlos Vera Barros who decided a lack of merit in the charges.
By Andrés Cisneros (*) - With the reinstatement of the 'impasse' on the issue of the Malvinas Islands, the Argentine government has made a wise decision. Not only because it puts in course again something proven useful in the past, but also because, looking into the future, there is no better path to the solution of the problem. It's not the mere restoration of a policy (good or bad) which already happened.
Argentina is planning to issue an estimated 15bn dollars in bonds, with which to pay the bondholders involved in years of litigation, and thus abandon its default situation which impedes it from having access to global money markets. The news was released by the Argentine Ministry of Finance.
Argentina Antarctica Day was celebrated on Monday 22 February, recalling the 112th anniversary of the first time the country's flag was flown at the Meteorological and Magnetic Observatory in the Laure Island, South Orkneys in 1904.