Tag: Jorge Capitanich

• Wednesday, November 12th 2014 - 06:42 UTC

  Petrobras Argentina plans to invest 622m dollars to explore for shale gas

  

  The Argentine unit of Brazilian state-controlled oil giant Petrobras plans to invest 622 million dollars to explore for non-conventional natural gas in Neuquen, the Argentine government announced on Monday.

• Friday, November 7th 2014 - 22:51 UTC

  Argentina targets yet another US company on alleged tax fraud

  

  US corporation firm General Electric has “over-invoiced” imports in a financial maneuver designed to access additional dollars in the official foreign exchange market, claimed Argentine Cabinet Chief Jorge Capitanich. GE thus becomes the second large US company in less than a week to face accusations of financial trickery in order to obtain economic benefits.

• Thursday, October 30th 2014 - 21:36 UTC

  Argentina tells bondholders to take legal action against Judge Griesa who is 'withholding funds'

  

  Argentine Cabinet chief Jorge Capitanich called bondholders to “take legal action against (US Judge Thomas) Griesa instead of demanding the acceleration of (Argentine) bonds,” following rumors that Owl Creek Asset Management LP is discussing the formation of a group to demand immediate repayment on bonds.

• Friday, October 24th 2014 - 04:20 UTC

  Argentine farmers agree release grains following accord with government

  

  Argentine grain exports will total US$5.7 billion in the fourth quarter of the calendar year, the CIARA and CEC chambers promised on Wednesday, after seemingly successful negotiations with the government of President Cristina Fernandez that is eager to inject much-needed export dollars into the economy.

• Saturday, October 18th 2014 - 07:50 UTC

  Cristina Fernandez on 48 hours medical rest because of pharyngitis

  

  Doctors on Friday instructed Argentine President Cristina Fernandez to rest for 48 hours in order to recover from a sore throat. Argentina's presidency said in a statement that the 61-year-old leader is suffering from pharyngitis and had to suspend a public event scheduled for later in the day in order to get some rest.

• Friday, October 3rd 2014 - 07:23 UTC

  Argentina: Vanoli meets Cristina Fernandez and begins working at the central bank

  

  In his first activity since his designation as the new chief of the Argentine Central Bank, Alejandro Vanoli met on Thursday President Cristina Fernandez and Economy Minister Axel Kicillof in Olivos.

• Friday, September 26th 2014 - 16:44 UTC

  Germany takes distance from 'holdouts' controversy and praises Argentina

  

  Angela Merkel’s administration attempted to lower tensions with the Argentine government on Thursday following controversial statements made by German Finance Minister Wolfgang Schauble regarding the so called 'holdouts' or 'vulture funds' conflict.

• Saturday, September 13th 2014 - 06:44 UTC

  Argentina guarantees car makers sufficient dollars to meet production target

  

  Car makers in Argentina have sufficient dollars to meet production and sales targets, the government said Friday, a day after General Motors Co announced it had suspended exports from Brazil to its Argentine unit due to a hard currency shortage.

• Friday, September 12th 2014 - 06:55 UTC

  With the new bill “Argentina wants to pay, can pay and will pay all contracted debts”

  

  Argentine President Cristina Fernández signed into law the Sovereign Debt bill, which changes the payment location of Argentine bondholders and which was approved by Congress early Thursday morning after 18 hours of debate.

• Friday, August 29th 2014 - 06:17 UTC

  Capitanich downplays success of strike and claims only well paid unions joined

  

  Argentine cabinet chief Jorge Capitanich downplayed the success and support of Thursday's strike and stressed that the income tax, one of the key points in the protest only reaches 10.4% of workers and criticized radical groups for supporting those “who earn most”