Tag: Jorge Capitanich

Saturday, May 31st 2014 - 06:50 UTC
Argentina tells Judge Griesa it has no plans to evade paying holdouts

Argentina's lawyers tried on Friday to assure a US federal judge that it would not evade orders to pay 1.33 billion dollars to bondholders who refused to accept its debt-restructuring offers, if the US Supreme Court (on 12 June) declines the case.
Friday, April 25th 2014 - 05:56 UTC
Argentina's poverty index closer to “25% than to the official 5% from Indec”

Argentina's stats office, Indec failed on Wednesday to deliver the country's poverty and indigence rates due to “methodological” reasons, the head of ministers explained on Thursday morning adding the measurement of the basic basket “differs totally” from CPI’s calculations. His comments triggered a cataract of criticisms.
Wednesday, April 16th 2014 - 04:44 UTC
Mercosur proposal to present the EU expected to be ready by end of April

Argentine cabinet chief Jorge Capitanich confirmed on Tuesday 'significant advances' in the elaboration of Mercosur's joint proposal to exchange with the European Union for discussions on a much delayed wide ranging cooperation and trade agreement.
Friday, April 11th 2014 - 08:24 UTC
National strike paralyzes Argentina; government blasts roadblocks

Argentine organized labor leader Hugo Moyano called on the government of president Cristina Fernandez to take note of Thursday's strong mobilization across the country after unions affiliated to the Teamsters figure and gastronomic heavyweight Luis Barrionuevo caused widespread disruption.
Thursday, April 10th 2014 - 06:17 UTC
Argentine top minister in Washington attending the 'ideologically bias” IMF assembly

In a strong reply to the IMF report on the Argentine economy forecasting 0.5% expansion in 2014, the administration of President Cristina Fernandez said the multilateral organization suffers of an 'ideological bias' and its recipes only prompted the 'worst social and productive crisis in the history of Argentina'.
Saturday, March 29th 2014 - 05:43 UTC
Argentina denies the subsidies reduction will have an inflationary impact

Argentina's new subsidies’ scheme will have an “insignificant” impact on prices since the whole package basically involves a 'redistribution' of funds, argued Cabinet Chief Jorge Capitanich, emphasizing the decision aims at “encouraging the rational and responsible use of public services.”
Tuesday, March 18th 2014 - 02:24 UTC
Brazil optimistic that Mercosur has reached a joint proposal for trade talks with the EU

Mercosur will present a joint proposal to the European Union for a wide ranging trade agreement between the two blocks later this month, announced Brazil' Minister of Industry Mauro Borges, following a visit to Buenos Aires where he met with Economy minister Axel Kicillof and Industry minister Debora Giorgi.
Tuesday, February 25th 2014 - 20:43 UTC
Repsol board approves the YPF compensation deal worked out with Argentina

Spanish oil major Repsol's board approved on Tuesday in Madrid a definitive 5 billion dollars settlement from Argentina over assets seized in 2012, drawing a line under a two-year battle for compensation.
Tuesday, February 18th 2014 - 20:50 UTC
Drug-trafficking controversy in Argentina involves several ministers

As the debate over drug-trafficking in Argentina heats up, a leading official from the government of President Cristina Fernandez Security has said he supports Uruguay’s decriminalizing model that recently legalized the growing, sale and smoking of marijuana.
Tuesday, February 18th 2014 - 20:25 UTC
In the midst of a huge turnout, Venezuelan opposition leader hands himself to security forces

Hard-line opposition leader Leopoldo Lopez has handed himself over to Venezuelan security forces answering an arrest warrant placed on the figure following last week's fatal protests against the regime of President Nicolas Maduro. The government formally accused Lopez of instigating the protests and conspiring for a right-wing coup.