Tag: Argentina

• Thursday, September 5th 2013 - 02:46 UTC

  Cristina Fernandez anticipates she will address ‘vulture funds’ issue at G20 summit

  

  After arriving in Russia for the two-day G20 summit, Argentine President Cristina Fernández stressed she will be addressing the “vulture funds issue” during the summit despite the US rejected to mention it in the final statement.

• Thursday, September 5th 2013 - 02:06 UTC

  Nobel Prize Stiglitz comes out strongly in support of Argentina in bonds litigation

  

  “A recent decision by a United States appeals court threatens to upend global sovereign-debt markets. It may even lead to the US no longer being viewed as a good place to issue sovereign debt. At the very least, it renders non-viable all debt restructurings under the standard debt contracts.

• Wednesday, September 4th 2013 - 01:36 UTC

  Mexico’s Pemex oil company expected to join YPF in developing shale resources

  

  YPF Chief Executive Officer Miguel Galuccio said Argentina’s nationalized energy company is willing to form a partnership with Mexico’s state-run Petroleos Mexicanos to develop shale oil and natural gas deposits in the Vaca Muerta formation.

• Tuesday, September 3rd 2013 - 23:45 UTC

  Leading industrialist tells Cristina Fernandez to abide by the rules of democracy, otherwise it is ‘Chavism’

  

  Deputy Chairman of the Argentine Industrial Union (UIA) Cristiano Ratazzi said that President Cristina Fernández “should leave office once her term ends” because those are the rules of democracy, otherwise it is ‘Chavism’.

• Tuesday, September 3rd 2013 - 23:35 UTC

  Cristina Fernandez flies to G-20 in Russia on Tango 01, but changes aircraft in Morocco

  

  Argentine President Cristina Fernández left on Tuesday for Russia to attend the G20 summit to begin next Thursday at the Constantine Palace in Saint Petersburg. The president flew on her office’s Tango 01 to Morocco where she changed aircraft to avoid any possible injunction from hedge funds on the presidential transport.

• Monday, September 2nd 2013 - 20:02 UTC

  Uruguay no longer a magnet for Argentine funds looking for real estate investments

  

  Uruguay has ceased to be the magnet for Argentine funds looking for safe places to save and real estate investments since the Argentine revenue service AFIP, following on the neighbouring countries tax-data exchange agreement, could have access to that information, according to Uruguayan private financial and investment advisors.

• Monday, September 2nd 2013 - 19:54 UTC

  Chile replies strongly to CFK: Piñera sold his stake in Lan ‘to avoid conflict of interests'

  

  The Chilean government replied strongly to suggestions from Cristina Fernandez referred to President Sebastian Piñera and his personal fortune saying that in Chile ‘the president and high officials once elected must abide by rules of transparency” and that is why the president voluntarily agreed to sell his stake in LAN airlines before taking office to avoid a conflict of interests.

• Monday, September 2nd 2013 - 19:49 UTC

  Argentine officials admit inflation is higher than the official release from Indec

  

  President Cristina Fernandez Victory Front’s parliamentary candidate for next October mid-term election, Martín Insaurralde admitted on Monday that inflation rate is higher than the one released by INDEC statistics agency although the agency is “transparent” and “must readjust to times and realities.”

• Monday, September 2nd 2013 - 19:41 UTC

  Argentina and Brazil pointed out by Europe for protectionist practices

  

  Global efforts to battle trade protectionism need to be reinforced to help shield the fragile economic recovery across the world said a report released on Monday by the European Commission in which it claims Brazil and Argentina are among the main offenders when it comes to import duties hikes and government procurement limitations.

• Saturday, August 31st 2013 - 01:39 UTC

  Falklands’ Argentina banned oil companies linked to YPF partner Chevron

  

  An Argentine lawmaker claims that the US oil corporation Chevron which is investing heavily in developing shale resources in Neuquen with YPF is a partner of Oil Spill Response Limited that is also involved with the oil companies operating in the South Atlantic in Argentine waters but licensed by the Falkland Islands government.