Tag: Axel Kicillof

Wednesday, November 20th 2013 - 05:22 UTC
Cristina Fernandez most emblematic and faithful “K soldier” sent to Italy

On Tuesday, one day after resuming her Executive duties, Argentine president Cristina Fernandez accepted the resignation of the most emblematic of the Kirchner-couple bullying tactics, a true 'K soldier' who has been on the job since 2005 and was expected to step down with the lady in 2015.
Tuesday, November 19th 2013 - 07:22 UTC
Cristina Fernandez reshuffles cabinet and names new economic team

The administration of Argentine President Cristina Fernández announced on Monday a major cabinet reshuffle naming Chaco governor Jorge Capitanich as new cabinet chief and Axel Kicillof Economy minister while the Central bank will have a new president, Carlos Fabrega.
Monday, November 4th 2013 - 05:54 UTC
Cristina Fernandez wants Argentine tourists to remain and visit Argentina

The administration of President Cristina Fernandez is preparing a package of measures in an attempt to further impede the outflow of hard currency, mainly US dollars, for which it is planning to establish a double exchange rate system. The measures target tourism, a bill of 8 billion dollars which has become dearer than the energy deficit.
Friday, August 30th 2013 - 01:55 UTC
Argentina formalizes reciprocity request for Aerolineas in Chile and Brazil air markets

Argentine officials publicly stated on Thursday there was no intention of expelling any commercial airline from the country because Aerolineas Argentinas is working well, but called on Latam to help the Argentine flag carrier with reciprocity in Chile and Brazil.
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%.