Tag: Axel Kicillof

• Thursday, August 29th 2013 - 02:56 UTC

  Argentine judge blocks hangar eviction of Lan from Buenos Aires air terminal

  

  An Argentine judge on Wednesday granted an injunction blocking the eviction of LAN Argentina, a unit of Chile-based LATAM Airlines Group, from its hangar at Buenos Aires Jorge Newbery Airport, which handles domestic and regional flights.

• Saturday, May 18th 2013 - 03:30 UTC

  Argentina forces cancellation of all Lan flights by suspending ground services

  

  LAN Chile halted on Friday all its flights in Argentina until Saturday morning after the state company Intercargo which provides ground support for the airline, unilaterally decided to cancel the service despite court orders to the contrary.

• Thursday, May 9th 2013 - 05:05 UTC

  Argentine official pledges to look into ‘blue’ dollar market and admits problems in real estate sector

  

  Argentina Deputy Economy minister Axel Kicillof pledged “to look into” the growing parallel market for the US dollar because it is harming many innocent people who have nothing to do with speculation and claimed that ‘certain economists’ and media are encouraging speculation with the greenback.

• Monday, April 29th 2013 - 23:22 UTC

  US dollar in Argentina drops a few cents on Monday trading but remains volatile

  

  The ‘parallel’ or ‘blue’ dollar in Argentina which last week soared day after day to reach on Friday a record 9.30 Pesos, on Monday edged down four cents to 9.26 Pesos while the official ‘dollar’ remained stable at 5.13 and 5.19 Pesos (buying and selling).

• Monday, April 29th 2013 - 23:17 UTC

  Argentine government considering options to contain the ‘parallel’ dollar

  

  The Argentine government is considering different options to contain the current skyrocketing of the US dollar, but according to the financial media there are different positions in the cabinet of President Cristina Fernandez. One of those calls for direct interventions while the other adopts a more passive attitude saying the issue is speculative and ‘marginal’.

• Thursday, March 21st 2013 - 06:14 UTC

  Urgent meeting of Argentine economic team as US dollar jumps 10% to 8.75 Pesos

  

  President Cristina Fernandez called an urgent meeting on Wednesday evening of her economic team following a day of hectic trading in the currency exchange market which had the US dollar climb to 8.75 Pesos in the parallel market, expanding the gap with the official rate to almost 70%.

• Wednesday, January 9th 2013 - 05:07 UTC

  Ms Nahón confirmed as Argentine ambassador in the US; takes office in February

  

  The US government approved the designation of Cecilia Nahón as the next Argentine Ambassador to the US, leading to her official appointment in the post, according to a release from the Foreign Ministry in Buenos Aires.

• Tuesday, December 18th 2012 - 03:44 UTC

  Argentina replaces ambassador Argüello by an economist and trade expert

  

  The Argentine Foreign Ministry announced on Monday that President Cristina Fernández has decided to appoint Cecilia Nahón as Argentine ambassador to the United States, replacing Jorge Arguello in Washington DC.

• Friday, September 28th 2012 - 06:12 UTC

  Argentina will adopt tough measures to guard nine years of economic achievements

  

  Argentina has “stronger financial support than other countries” and will adopt tough policies to guard the nine years of economic achievements, said Economy Deputy Finance Minister Axel Kicillof addressing the Lower House Budget and Finance Committee to discuss the main guidelines for next year’s budget.

• Thursday, September 27th 2012 - 22:07 UTC

  Moody’s rates outlook of 30 Argentine banks to negative

  

  Rating agency Moody's changed to negative the rating outlook on 30 rated Argentine financial institutions on Thursday. Moody's cut the outlook to negative from stable, as a reflection of the outlook change on the country announced last week.Moody's rates Argentina at B3, six levels into junk territory.