Wednesday, Jun 7, 2023

International Finance

Tag : Argentina

Economy

Argentina sues and suspends Citibank

International Finance Desk
by International Finance Desk
The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...
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Economy

Russia seeks a bite of Latin America

International Finance Desk
by International Finance Desk
Renewing and strengthening ties in a bid to alleviate food shortages back home Kamilia Lahrichi April 2, 2015: Russia’s Foreign Minister Sergey Lavrov courted Cuba, Nicaragua, Colombia and Guatemala during a four-day visit to South America in March 2015 to boost bilateral trade, as food shortage is hitting his country hard. Last year, Moscow banned...
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Economy

Thousands of Argentines take to the streets

International Finance Desk
by International Finance Desk
Lambast President Cristina Fernandez de Kirchner for mysterious death of a prosecutor Kamilia Lahrichi February 20, 2015: Some 400,000 Argentines flooded the streets of the capital under a torrential rain on February 18 to commemorate the mysterious death of a prosecutor a month ago and lambast the president, who is suspected to be involved in...
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Economy

An unhappy New Year for Argentina

International Finance Desk
by International Finance Desk
It is entangled in a legal battle with hedge funds that bought its debt on the cheap during the 2001 crisis Kamilia Lahrichi January 12, 2015: There will be no truce between the Argentine government and its foreign creditors, despite the expiration of a provision on December 31, 2014 that could have paved the way...
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Economy

Argentina: Russia’s new market

International Finance Desk
by International Finance Desk
The South American country is in a good position to capitalise on President Putin’s embargo on food imports from Europe and Western nations Kamilia Lahrichi November 14, 2014: Russian businessmen met their Argentinian counterparts in Buenos Aires on November 11 to discuss investment projects in the energy, nuclear and mining industries, as Moscow seeks to...
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Business Leaders

Uruguay’s presidential election goes to run-off

International Finance Desk
by International Finance Desk
abare Vazquez of the leftish Broad Front and Lacalle Pou from the conservative National Party won the first round Kamilia Lahrichi Oct 27,2014: The two contenders who won Uruguay’s first round of the presidential election on October 26 will not bring about any radical economic change for this small country wedged between two regional heavyweights –...
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Economy

Argentina’s electoral campaign kicks off

International Finance Desk
by International Finance Desk
Six presidential pre-candidates spelled out their political and economic program during Industry Day on September 1 in Buenos Aires Kamilia Lahrichi September 3, 2014: More than one year ahead of Argentina’s general elections in October 2015, six presidential pre-candidates spelled out their political and economic program during Industry Day on September 1 in Buenos Aires....
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Economy

Poverty keeps growing in Buenos Aires as Argentina wakes up in default

International Finance Desk
by International Finance Desk
Major setback for a country already suffering from devaluation of the peso, rampant inflation, slow growth, falling wages and widespread poverty Kamilia Lahrichi August 25, 2014: Standard & Poor’s decision to declare Argentina on “selective default” on July 30th is a disaster for Argentinians. The New York Court of Appeals condemned the South American nation...
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Economy

WTO rules against Argentina’s protectionism

International Finance Desk
by International Finance Desk
Says South American country’s import restrictions breach global trade rules Kamilia Lahrichi August 25, 2014: International pressure on Argentina is increasing as the World Trade Organization (WTO) ruled on August 22 that the South American country’s import restrictions breach global trade rules. The 170-page ruling sided with the European Union, the United States and Japan...
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