Tag: Argentina

• Wednesday, November 12th 2014 - 18:16 UTC

  Falklanders invited to 'third party' dialogue with Argentine lawmakers

  

  An Argentine congressman has extended an open invitation to two, three 'inhabitants of the Falkland Islands', to participate in a meeting with Argentine lawmakers interested in listening to the 'third party' in the Falklands/Malvinas dispute.

• Wednesday, November 12th 2014 - 07:00 UTC

  Argentina raids 71 banks and financial entities suspected of money laundering

  

  Argentina's AFIP tax revenue service on Tuesday carried out searches at 71 banks, currency exchanges and other financial entities suspected of money laundering, the government said. More than 250 agents took part in the operation, which involved institutions in this capital and in the provinces of Buenos Aires, Mendoza and Cordoba, AFIP said in a statement.

• Wednesday, November 12th 2014 - 03:19 UTC

  “Falklands/Malvinas current policy is a losing option and leads nowhere”

  

  Argentina's current policy on the Falklands/Malvinas Islands sovereignty is a losing option because it is a 'maximalist' attitude with the purpose of ‘full recovery' of the disputed islands, said Argentine political scientist and writer Carlos Escudé.

• Tuesday, November 11th 2014 - 07:25 UTC

  Griesa authorizes Citibank to pay restructured bonds under Argentine law

  

  New York District judge Thomas Griesa has authorized Citibank to complete the transfer of 85 million dollars to holders of restructured Argentine bonds under Argentine law, meeting debt services that expire on December 31.

• Monday, November 10th 2014 - 08:37 UTC

  Argentine president begins ten-day resting period in Olivos

  

  Argentine President Cristina Fernandez de Kirchner was discharged on Sunday from Otamendi hospital where she had been admitted a week ago to be treated for sigmoiditis, an infection of the colon.

• Sunday, November 9th 2014 - 10:46 UTC

  Argentina's car production, domestic sales and exports in free-fall

  

  Registrations for new vehicles in Argentina fell 40% in October compared to the same month in 2013, according to the latest study by commercial sellers' group ACARA. The chamber revealed that 52,983 cars were registered over the past month, against 59,099 in September and 88,948 last October.

• Sunday, November 9th 2014 - 10:35 UTC

  Argentine bondholders file for 'me too' at Judge Griesa's court: claims reach 6.5bn

  

  Argentina told New York district judge Thomas Griesa that bondholders filed 25 lawsuits since June, when the judge ordered blocking the country's from paying its restructured debt without also paying a group of holdouts, Bloomberg news has reported.

• Saturday, November 8th 2014 - 09:52 UTC

  Cristina Fernandez on control of government 'through e-mails and messages'

  

  While she waits to be discharged from the Otamendi private medical clinic, Argentine President Cristina Fernández continues to monitor all government decisions and actions. “She sends us indications through e-mails and messages,” Industry Minister Débora Giorgi revealed on Thursday.

• Friday, November 7th 2014 - 23:08 UTC

  English court involved in Argentine bonds dispute with hedge funds

  

  A London court gave Argentine “holdout creditors” in New York a two-week window on Thursday to challenge declarations sought by a powerful group of investors in a dispute over interest payments worth about 226 million Euros. The payments involve Euro-denominated Argentine bonds which were issued under English law.

• Friday, November 7th 2014 - 22:51 UTC

  Argentina targets yet another US company on alleged tax fraud

  

  US corporation firm General Electric has “over-invoiced” imports in a financial maneuver designed to access additional dollars in the official foreign exchange market, claimed Argentine Cabinet Chief Jorge Capitanich. GE thus becomes the second large US company in less than a week to face accusations of financial trickery in order to obtain economic benefits.