Tag: Argentina

• Wednesday, February 10th 2016 - 07:24 UTC

  Argentina still has uphill battle with holdouts: a stay of pari-passu is next round

  

  While investors cheered progress on last week's arduous negotiations in New York between Argentine government officials and litigant investors, the administration of president Mauricio Macri still faces an uphill battle as it works to bring other holdouts on board.

• Wednesday, February 10th 2016 - 07:16 UTC

  US Treasury's strong support message for Argentina's litigation with holdout funds

  

  The United States gave another sign of support for Argentina’s economic policies as US Treasury Secretary Jacob Lew spoke on the phone with Finance Minister Alfonso Prat-Gay, striking an optimistic tone regarding the settlement offer made to the holdout funds in New York.

• Wednesday, February 10th 2016 - 07:10 UTC

  Three letters from Macri to Ban Ki-moon; possible summit with Obama in New York

  

  Argentina's foreign minister Susana Malcorra met on Tuesday in New York with United Nations Secretary General Ban Ki-moon and delivered three letters from president Mauricio Macri.

• Wednesday, February 10th 2016 - 02:33 UTC

  Falklands: Back to the future, why the 'new approach' from Argentina is completely missing the point

  

  By the Honourable Mike Summers, OBE (*) - Over the weekend of the 6th and 7th February, the press in Argentina reported that the Government of Argentina (GoA) was going to change its approach to its treatment of the Falkland Islands, its relationship with the United Kingdom and how it intends to “resolve the Falklands question”

• Friday, February 5th 2016 - 08:22 UTC

  Strong support message from S&Ps for Argentina's economic reforms

  

  Standard & Poor's ratings agency says that Argentina’s new administration has presented a credible plan to deal with long-standing macroeconomic imbalances, eliminated foreign-exchange restrictions, and begun negotiations with its holdout creditors. The outlook on the local currency rating is stable, reflecting the new economic policies of the Administration, but also the potential difficulties in passing and implementing those plans.

• Friday, February 5th 2016 - 08:15 UTC

  Ushuaia has received 58.000 cruise visitors since 15 September; “Queen Mary” expected next week

  

  An estimated 58,000 cruise visitors have landed in Ushuaia, extreme south of Argentina during the current 2015/16 season which took off last 15 September, according to the Tierra del Fuego Tourism Institute. The largest number was concentrated in January, with an estimated 25.000, and this weekend promises to be equally busy with several vessels calling with 10.000 passengers.

• Friday, February 5th 2016 - 07:35 UTC

  Argentina's main opposition force will attempt unity with party elections on May 8

  

  Argentina's main political force, Peronism, under the Justicialista party banner, announced that the party's elections will be held on 8 May, while the members of the electoral board set to oversee the election would be chosen during a meeting in Buenos Aires on February 24.

• Friday, February 5th 2016 - 06:40 UTC

  Argentine government creates registry to weed out hooligans from football

  

  The Argentine government officially unveiled the National Registry for Admission to Football Matches. The measure was announced by the Security Ministry, which released a statement saying they “needed the cooperation from the clubs affiliated with the Argentine Football Association (AFA), who will bring us the names of the people who are not allowed to attend soccer matches.”

• Friday, February 5th 2016 - 06:27 UTC

  Chilean government condemns vandalism by fans at Malvinas Memorial in Rosario

  

  The Chilean ambassador in Buenos Aires met with Malvinas war veterans and the head of the National Monument to the Flag in the city of Rosario, and delivered an official letter condemning the violent actions and destruction by fans from the University of Chile football team against a Memorial to the Malvinas fallen.

• Thursday, February 4th 2016 - 07:21 UTC

  Kirchnerite opposition splits; Macri now has the main block in the Lower House

  

  Argentina's main opposition party suffered a split on Wednesday after an estimated fifteen of its lawmakers quit, party leaders admitted, handing a boost to newly-elected President Mauricio Macri's hopes of pushing his legislative agenda through Congress. In effect, Macri's political alliance in the Lower House becomes the majority grouping.