Tag: Axel Kicillof

• Tuesday, January 6th 2015 - 22:49 UTC

  Aurelius hedge fund denies being part of lawsuit filed against Petrobras

  

  Aurelius Capital Management, one of the main plaintiffs against Argentina in New York District Judge Thomas Griesa’s courtroom, has denied being part in a lawsuit filed against Brazilian state-owned oil company Petrobras, in response to accusations by Argentina’s Economy Minister Axel Kicillof.

• Tuesday, January 6th 2015 - 07:02 UTC

  Argentine farmers netted 24.1 billion dollars from grains and oilseeds last year

  

  Argentine farmers exported more than 300 million dollars worth of grains and oilseeds in the last two days of 2014 to help bring in much needed cash for the nation’s central bank. The situation was boosted by an agreement reached between farmers and the Argentine government regarding foreign currency payment for the grains and oilseed.

• Wednesday, December 17th 2014 - 07:27 UTC

  YPF money helps Repsol by over Canadian Talisman

  

  The largest international deal by a Spanish company in the last five years, props up shares despite plummetting international oil prices.

• Tuesday, December 9th 2014 - 08:52 UTC

  “Kicillof's economy post still too big for him, but he has changed a lot in a year”

  

  The head of the Argentina's powerful manufacturing lobby, UIA, Hector Mendez fired harsh words against Economy Minister Axel Kicillof stressing “his post is still too big for him”, but admitted he 'has advanced' in the last twelve months.

• Monday, December 8th 2014 - 07:04 UTC

  Lagarde wishes to continue improving relations with Argentina

  

  The head of the International Monetary Fund Christine Lagarde said she wishes to “continue improving” the relationship between the IMF and Argentina, while at the same time focusing on the necessities of the region's third largest economy which is not growing as fast as it should.

• Saturday, December 6th 2014 - 00:30 UTC

  Argentina offers advance payment of 2015 maturing bonds to head off speculation

  

  Argentina's government offered this week to make full early payment on a local dollar-denominated bond to head off speculation that its legal battle with U.S. hedge funds will make it unable to service its debt.

• Thursday, December 4th 2014 - 05:51 UTC

  Falling oil prices comes as a blessing for dollar-short Argentina

  

  The slump in global oil prices will reduce Argentina's energy import bill by several billion dollars, a development that could ease pressure on the Central Bank’s strained foreign-currency reserves, according to Economy minister Axel Kicillof.

• Friday, November 28th 2014 - 06:17 UTC

  Griesa rejects payment request from investors holding Argentine bonds in Euros

  

  US Federal judge Thomas Griesa has rejected a request by European investors seeking payment on Argentine titles currently blocked in New York, despite an ongoing parallel court battle over the issue in London.

• Wednesday, November 19th 2014 - 04:32 UTC

  Cristina Fernandez held a 'short list' cabinet meeting on Tuesday

  

  Despite the ten days of convalescence ordered by her doctors, Argentine President Cristina Fernández continued with an official schedule in Olivos and met on Tuesday with key members of her cabinet.

• Tuesday, November 18th 2014 - 08:13 UTC

  Argentina celebrates G20 summit support on sovereign debt restructuring

  

  The official communiqué of the G20 summit released at the end of the bloc’s meeting in Brisbane, Australia, included a paragraph on sovereign debt restructuring process, as requested by Argentina. Economy Minister Axel Kicillof and Foreign Minister Héctor Timerman celebrated it and described it as ‘historic’.