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Argentina

Argentina

Minimum Wage in Argentina Increases by 31 Percent

Minimum Wage in Argentina Increases by 31 Percent

The Argentine government raised the minimum wage by 31 percent to 4,400 pesos ($523) a month, according to a decision published Tuesday in the official gazette. continue reading »

Did Narcos Call Argentine’s Presidential Office?

Did Narcos Call Argentine’s Presidential Office?

The Argentine government on Monday released a technical report in response to a judge's request for information on alleged telephone calls made by drug traffickers to numbers within the executive branch. continue reading »

Argentina, Russia Announce Food-Export Deal

Argentina, Russia Announce Food-Export Deal

Argentina on Thursday announced a series of accords with Russia that pave the way for food exports amounting to as much as $18 billion. The agreements were reached during an Argentine trade delegation's visit to Russia this week headed by Industry Minister Debora Giorgi and Agriculture Minister Carlos Casamiquela. continue reading »

Argentine Truck Driver Charged in Accident that Killed Pope’s Relatives

Argentine Truck Driver Charged in Accident that Killed Pope’s Relatives

The truck driver involved in the accident that killed three of Pope Francis's relatives was charged with aggravated manslaughter on Wednesday by a prosecutor in Argentina, judicial officials said. continue reading »

Argentina Claims U.S. Is Accountable for Judge’s “Illegal” Acts in Debt Case

Argentina Claims U.S. Is Accountable for Judge’s “Illegal” Acts in Debt Case

The United States "should assume its responsibility for the illegal acts" of the federal judge who has found in favor of hedge funds demanding 100 cents on the dollar for Argentine bonds bought in the wake of Buenos Aires' 2001 default, the South American nation's government said Tuesday. continue reading »

Survey: LatAm Business Climate at Lowest Level in 5 Years

Survey: LatAm Business Climate at Lowest Level in 5 Years

The business climate in Latin America last month fell to its worst level since July 2009, Brazil's Getulio Vargas Foundation, or FGV, said Wednesday. continue reading »

Argentina Cozies Up to Russia During their Feud with U.S.

Argentina Cozies Up to Russia During their Feud with U.S.

The Argentine government said Monday that it will expand exports to Russia by taking advantage of "the opportunity" created by Vladimir Putin's ban on importing food and raw materials from the United States and the European Union in retaliation for sanctions imposed on Moscow by Washington and Brussels. continue reading »

Stolen Grandson of Argentine’s ‘Plazo de Mayo’ Leader is Found

Stolen Grandson of Argentine’s ‘Plazo de Mayo’ Leader is Found

Doubts about his real identity led a 36-year-old Argentine man to submit to a DNA test that showed him to be the grandson of the president of the Grandmothers of the Plaza de Mayo human rights group, the family said Tuesday. continue reading »

Argentina Denies Economy is in Default

Argentina Denies Economy is in Default

A day after rating agency Standard & Poor's declared Argentina to be in selective default for failing to make interest payments to holders of restructured debt, the Argentine government dismissed talk of default as "an absurd fable." continue reading »

Buenos Aires, Sao Paulo and Mexico City Universities Sign Accord

Buenos Aires, Sao Paulo and Mexico City Universities Sign Accord

The presidents of the University of Buenos Aires, or UBA, the National Autonomous University of Mexico, or UNAM, and the University of Sao Paulo, or USP, on Tuesday signed a cooperation agreement governing the recognition of titles, student exchanges and cooperation in finding financing sources. continue reading »

Argentina Pays $642 Million on Foreign Debt

Argentina Pays $642 Million on Foreign Debt

Argentina on Monday made an initial payment of $642 million to the wealthy nations of the Paris Club, as per the debt refinancing agreement with that entity signed last May, authorities said. continue reading »

National Government, Provinces at Odds Over New Energy Legislation in Argentina

National Government, Provinces at Odds Over New Energy Legislation in Argentina

The Argentine government's decision to push for a new Hydrocarbons Law to spur investment in this sector has sparked a hidden fight with the provinces, the true owners of the underground oil and gas. continue reading »

Brazil’s Petrobras Looking to Sell Argentine Assets

Brazil’s Petrobras Looking to Sell Argentine Assets

Brazilian state-controlled oil giant Petrobras is once again looking to divest assets in Argentina, including oil fields in that country's southern region that yield 20,000 barrels of crude per day, Argentine media outlets said Friday. continue reading »

Court Urges Argentina and Its Creditors to Reach Debt Agreement

Court Urges Argentina and Its Creditors to Reach Debt Agreement

A U.S. federal judge said here Tuesday that Argentina and creditors who boycotted Buenos Aires' debt restructurings must negotiate "continuously until a settlement is reached" to avoid another default. continue reading »

Chinese President Hails Strong Relations with Argentina

Chinese President Hails Strong Relations with Argentina

Chinese President Xi Jinping hailed his country's strong bilateral relations with Argentina a day after signing currency-swap and power- and rail-financing deals with counterpart Cristina Fernandez. continue reading »