Supporters of former President Cristina Fernandez gave her a hero's welcome Monday night at a Buenos Aires metropolitan airport before she faces a court over her possible role in an alleged scheme to manipulate Argentina's currency.
A Prosecutor decided on Saturday that former President Cristina Fernández de Kirchner must be included in a money laundering investigation following the testimony given by whistleblower Leonardo Fariña before Judge Sebastian Casanello on Friday.
Discouraging week for the Kirchner family and followers, despite the fact that he name of their main political enemy, Mauricio Macri, has cropped up in the Panama Papers. Not only Lazaro Baez, the dominant public works contractor in Santa Cruz province, and believed to be a straw man for the Kirchner family has been arrested and faces questioning on a money laundering investigation, but also former Transport Secretary Ricardo Jaime implicated the Kirchner couple and a former minister in a multimillion purchase of damaged railway materials.
An Argentine powerful public works contractor from the province of Santa Cruz and close associate of the Kirchner family, Lazaro Baez was arrested on Tuesday afternoon when he arrived in his private Lear Jet to a Buenos Aires airport. Considered one of the wealthiest men in the southern province, political turf of the Kirchner family, and with an 'unrivaled' talent for business, Baez is a main suspect of an investigation into alleged money laundering.
After 13 hours of debate, Argentina's senate voted overwhelmingly to approve a deal with creditors in the US, putting an end to a sovereign bonds' dispute that had lasted 15 years. The deal was reached in late February, and the Lower House passed it earlier this month. The senate began debating on Wednesday morning and on early Thursday passed the measure by 54 votes to 16.
Malvinas veterans expressed great displeasure with the official announcement that Argentine president Mauricio Macri will not be attending any of the programmed events in different cities and provinces on the 34th anniversary of the Argentine April 2 invasion of the Falklands/Malvinas Islands, according to Buenos Aires media.
Argentina's government is pulling out from its involvement in the Spanish-language TV network that was started by the late Venezuelan leader Hugo Chavez, saying the broadcaster blocks alternative viewpoints.
Falkland Islands' oil and gas industry is making steady advancement in spite of global concerns about falling prices, according to new analysis by GlobalData. With positive signs coming from the neighboring Argentina, which recently witnessed a change in government, the Falklands is preparing to commercialize production of its first oil project, Premier Oil's Sea Lion.
An Argentine court on Friday ordered former President Cristina Fernandez to face questions about her government's handling of the futures dollar market, marking the first time she has been legally summoned for any of the handful of investigations against her.
Argentina's new president, Mauricio Macri, says he wants to start “a new era” in relations with Britain, long strained by the two nations' dispute over the Falkland Islands, according to remarks published Tuesday.