Tag: Argentina

Monday, September 8th 2014 - 06:35 UTC
China aids Argentina: a billion dollars in Yuan pledged by end of the year

Argentina's central bank chief, Juan Carlos Fabrega, met his Chinese counterpart Zhou Xiaochuan in Basilea, Switzerland on Sunday to discuss how a currency swap worth billions of dollars will be put into action, the Argentine monetary authority said.
Monday, September 8th 2014 - 05:36 UTC
Fifty years since Falklands incursion and landing by Argentine light aircraft

This Monday is the fiftieth anniversary of an odd stunt by Argentine Cessna pilot Miguel Fitzgerald who landed his light aircraft on the Stanley racecourse, left a note of protest about the ‘illegal’ British occupation of the Falkland Islands, handed an Argentine flag to a bemused bystander, and flew away again.
Saturday, September 6th 2014 - 07:11 UTC
Argentina opens hake quota reallocation period for the rest of the year

Argentina's Federal Fisheries Council (CFP) has reassigned hake (Merluccius hubbsi) catches for the remainder of the year. According to Resolution 8/14, published in the Official Gazette, the vessel owners that considered themselves unable to capture the entire allocated hake quota, can partially return it to a reserve fund for future reallocation.
Saturday, September 6th 2014 - 07:04 UTC
Is the controversial 'squid war' with Argentina reignited?

The Falkland Islands Fisheries Department has reported this year that squid fishing generated the largest annual capture since records began, representing a major boost to the Islands economy.
Saturday, September 6th 2014 - 06:36 UTC
Argentina and holdouts again disagree before Pollack; end of September another deadline

Argentina still has “unresolved” issues preventing a settlement with bondholders suing the country for repayment after not participating in the country's restructurings following its 2002 default, a court-appointed mediator said Friday.
Saturday, September 6th 2014 - 03:14 UTC
Argentina says creditors willing to swap bonds; holdouts warn about “contempt of court”

Argentina's Cabinet Chief Jorge Capitanich said on Friday that “many” creditors are willing to accept a change in payment location to collect their money as the ongoing legal dispute with the holdouts continues to endanger the country's international credit and reputation.
Thursday, September 4th 2014 - 06:04 UTC
Malvinas: Argentina recalls fifty years since Falklands claim statement before C24

Argentina will be launching on Thursday, 4 September the book “Argentine sovereignty in Malvinas; 50 years since Ambassador Ruda's statement” which recalls the half century since the presentation by then Ambassador Jose Maria Ruda before the United Nations Special Decolonization Committee, or C24.
Thursday, September 4th 2014 - 05:20 UTC
Argentina's dispute with holdouts “will not affect” Chinese investments, says Beijing

The current legal dispute between Argentina and holdouts (“vulture funds”) suing the country over its defaulted bonds “will not affect” planned Chinese investments, since Argentina and China have a 'strategic association', the head of the National Commission of Development and Reform (CNDR) of China Xu Shaoshi, warned on Wednesday.
Thursday, September 4th 2014 - 05:06 UTC
Argentina milks more US dollars from commercial banks

Argentina's central bank said on Wednesday it had reduced the amount of dollars commercial banks could hold, a move that should push more greenbacks into the spot market and may give a mild boost to flagging reserves and the local Peso.
Thursday, September 4th 2014 - 05:00 UTC
Argentina looks to Uruguay to issue sovereign bonds and pay creditors

A former chairman of Argentina's central bank board, Aldo Pignanelli considered neighboring Uruguay could be a “trustworthy” option for Argentina to issue sovereign bonds and pay creditors. Uruguay has an outstanding international reputations regarding abiding by contracts and ensuring legal security, added the Argentine banker.