Tag: Axel Kicillof

• Wednesday, February 25th 2015 - 05:27 UTC

  Argentina will appeal on Thursday Judge Griesa's 'contempt of court'

  

  The Argentine government will present on Thursday its appellant’s brief over the contempt of court ordered by New York Judge Thomas Griesa, the Economy Ministry has confirmed. Griesa had ruled Argentina in contempt of his orders due to working on a plan to shift control over payments of its restructured debt to Buenos Aires.

• Saturday, February 21st 2015 - 05:17 UTC

  Argentina suggests Judge Griesa to remove Pollack, since he favors 'holdouts'

  

  Argentina's Economy minister Axel Kicillof suggested on Friday that no negotiation is possible with the holdout funds as long as 'special master' appointed by US Judge Thomas Griesa continues in his post, since ”he clearly favors 'vulture funds' (holdouts)”.

• Sunday, February 1st 2015 - 21:52 UTC

  First tranche of Chinese loan to build dams in Argentine Patagonia; CFK en route to Beijing

  

  The construction of the Nestor Kirchner and Jorge Cepernic dams in Santa Cruz, Patagonia is finally set to begin now that China has deposited the first 287.7 million dollars tranche of funding for the massive 4.71 billion project, Argentine President Cristina Fernández announced before leaving for a state visit to China.

• Monday, January 19th 2015 - 07:48 UTC

  Cristina Fernandez meets with economist Piketty expert on wealth distribution

  

  Argentine President Cristina Fernandez met with Thomas Piketty at the Olivos official residence for two hours on Saturday as part of the French economist's tour of Latin America.

• 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.