Tag: Argentina

• Tuesday, August 27th 2019 - 10:56 UTC

  Argentines fear of a repeat of the “corralitos” of 1989 and 2002

  

  It happened in 1989. It happened in 2002. Argentines who are old enough to remember do not want to go through it again.

• Tuesday, August 27th 2019 - 08:30 UTC

  Argentine court rejects request to throw out a corruption case against ex president Cristina Fernandez de Kirchner

  

  An Argentine court rejected on Monday a request from lawyers to throw out a corruption case against former president and current vice-presidential candidate Cristina Fernandez de Kirchner.

• Monday, August 26th 2019 - 18:51 UTC

  Tens of thousands march in support of Macri in Buenos Aires and other cities

  

  Tens of thousands of Argentines jammed streets in the capital Buenos Aires and other cities on Saturday to show support for conservative President Mauricio Macri, who is facing a tough fight heading into general elections in October in a country beset with economic challenges.

• Monday, August 26th 2019 - 18:07 UTC

  IMF mission in Argentina looking into the books and trying to sort out the future

  

  An IMF mission is in Argentina and is going over the country's accounts with government top officials, to assess future disbursements of the US$ 57bn standby credit granted to the country, currently facing financial and political uncertainty, and on Monday are scheduled to meet with representatives from the opposition.

• Saturday, August 24th 2019 - 09:54 UTC

  IMF mission arrives to Argentina this Saturday: US$ 5.3bn disbursement to be considered

  

  Delegates from the International Monetary Fund (IMF) land in Buenos Aires Saturday as concerns about Argentina’s economy cast doubt upon the future of its record US$56 billion bailouts. The date of the trip was agreed with the Argentine central bank chairman, Guido Sandleris.

• Friday, August 23rd 2019 - 09:54 UTC

  Opposition candidate pledges to respect Argentina's debts and rejects defaulting

  

  Argentine presidential candidate Alberto Fernández said on Thursday that no one wants a default for the country and he's ruling it out if elected. The center-left candidate appeared to be trying to calm investors who reacted to his strong finish against conservative President Mauricio Macri in an initial round of voting by battering Argentina's stocks and currency.

• Friday, August 23rd 2019 - 09:40 UTC

  Norway's Equinor and YPF team up to explore Argentina offshore block

  

  Norway Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentine Basin.

• Thursday, August 22nd 2019 - 16:26 UTC

  Argentina will support the Peso with international reserves

  

  Argentina will not allow a chaotic fall in the peso and will use its dollar reserves to bolster the currency against political uncertainty that has swept the country since the Aug. 11 primary election, Treasury Minister Hernan Lacunza said on Wednesday.

• Thursday, August 22nd 2019 - 10:58 UTC

  Falklands' competition for students criticized by University of Buenos Aires

  

  Argentina's leading tertiary institution and one of Latin America's highest-rated for academic excellence, the University of Buenos Aires, UBA, has again, rejected the announced cultural project, “Why I would like to meet my neighbours from the Falkland Islands”, organized by the disputed Islands' government and the British embassy.

• Thursday, August 22nd 2019 - 09:55 UTC

  Argentina default “possible”, but not “probable”, says credit rating agency Fitch

  

  Argentina could be downgraded again by Fitch Ratings if further weakness in the Peso boosts the risk of default, the agency’s head of sovereign ratings said in an interview. Argentina has issued billions of dollars worth of bonds denominated in U.S. currency.