Tag: Argentina

• Thursday, August 29th 2019 - 19:12 UTC

  US State Department confirms close association with Argentina and whoever wins 27 October election

  

  United States said on Wednesday it expects to continue with the solid association with Argentina, 'whoever is the candidate that the Argentine people elect as their next president', on 27 October according to a source from US State Department Western Hemisphere Affairs.

• Thursday, August 29th 2019 - 19:00 UTC

  Ivanka Trump will be visiting Colombia, Argentina and Paraguay

  

  United States Deputy Secretary of State John J. Sullivan will travel with Advisor to the President Ivanka Trump to Colombia, Argentina, and Paraguay September 3-6.

• Thursday, August 29th 2019 - 10:50 UTC

  Argentina announces it will “re profile” IMF loan and sovereign bonds' maturities

  

  Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations, as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.

• Thursday, August 29th 2019 - 10:16 UTC

  Argentina sells US$ 367m reserves to prop the Peso; country risk at another record level, 2.125 points

  

  Argentina’s peso was battered on Wednesday as the central bank sold US$ 367 million of its dollar reserves in a second consecutive day of heavy intervention aimed at controlling the currency’s fall. Likewise the country risk rose 135 basis points to 2,125, its highest in 14 years, before partially recovering, according to the JP Morgan Emerging Markets Bond Index Plus.

• Thursday, August 29th 2019 - 09:49 UTC

  IMF held “productive talks” in Argentina and is analyzing the impact of the latest debt operation announced

  

  The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina’s Treasury Ministry on Wednesday, an IMF spokesman said. IMF staff understands that Argentina has taken “important steps” to address liquidity needs and safeguard reserves, the statement by IMF spokesman Gerry Rice said.

• Thursday, August 29th 2019 - 07:29 UTC

  Thule island occupation: Argentine navy tested UK's resolve as part of its long term plan to take the Falklands

  

  The Argentine government declassified a secret decree from the latest military dictatorship which authorized and funded an operation for the “effective and peaceful” occupation of one of the South Atlantic islands, occupied by the UK , in what was considered a first step to the ultimate goal of taking over the Falkland Islands.

• Wednesday, August 28th 2019 - 09:59 UTC

  Macri anticipates that Argentina's inflation will accelerate to 3% in August; country risk reaches 1.990 points

  

  Argentine President Mauricio Macri said that monthly inflation would accelerate to 3% in August following a slump in the peso, as the central bank intervened heavily in the market on Tuesday to prop up the local currency.

• Wednesday, August 28th 2019 - 09:49 UTC

  Argentina sold US$ 302 million to support the Peso, exceeding an IMF agreement

  

  Argentina's central bank on Tuesday exceeded for the first time a guideline on reserve sales agreed as part of its US$ 57 billion standby agreement with the International Monetary Fund, selling US$ 302 million in the foreign exchange market, traders said.

• Tuesday, August 27th 2019 - 20:52 UTC

  IMF meets Argentine opposition leader: “constructive talks”, but the Fund is blamed for the current situation

  

  A team from the International Monetary Fund met on Monday with opposition candidate Alberto Fernandez, the front-runner for October's presidential election, according to a spokesman for Fernandez.

• Tuesday, August 27th 2019 - 11:47 UTC

  Argentina and Brazil replacing US as main soybean suppliers of China

  

  Amid trade tensions with the US, China's July soybean imports from Argentina increased 328% month on month and 269% year on year to 1.07 million metric tons, according to customs data.