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  • LONDON, June 29- Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said it would seek to seize the assets of drillers operating in region. He said Argentina was conducting a "flagrant and unacceptable campaign to strangle the Falkland Islands...

  • BUENOS AIRES, June 19- Argentina's presidential contender Mauricio Macri on Friday picked a business-friendly senator with middle class appeal as his running mate, reinforcing his center-right challenge to the ruling party's ticket. Senator Gabriela Michetti will join Macri in his campaign against front-runner Daniel Scioli, governor of Buenos Aires...

  • BUENOS AIRES, June 19- Argentine Senator Gabriela Michetti will be the running mate of presidential candidate Mauricio Macri, he said on Friday, defining the battle lines ahead of an October election that will pit the business-friendly duo against the current ruling party. Macri, mayor of Buenos Aires, is second in the polls against front-runner Daniel Scioli,...

  • BUENOS AIRES, June 19- Argentine Senator Gabriela Michetti will be the running mate of presidential candidate Mauricio Macri, he said on Friday, defining the battle lines ahead of an October election that will pit the business-friendly duo against the current ruling party. Macri, mayor of Buenos Aires, is second in the polls against front-runner Daniel Scioli,...

  • BUENOS AIRES, June 17- Argentine bonds weakened on Wednesday after presidential front-runner Daniel Scioli chose a loyalist of the current government as his running mate for the October election, a choice that may signal a continuation of policies that have deterred investment. Markets had hoped that Buenos Aires Governor Scioli would use his choice of a...

  • BUENOS AIRES, June 17- Argentine bonds weakened on Wednesday after presidential front-runner Daniel Scioli chose a loyalist of the current government as his running mate for the October election, a choice that may signal a continuation of policies that have deterred investment. Markets had hoped that Buenos Aires Governor Scioli would use his choice of a...

  • BUENOS AIRES, June 15- Argentina said on Monday that annual inflation eased to 15.3 percent in May, although private economists put it much higher and suggest it could speed up later this year due to a splurge in public spending ahead of October's elections. The International Monetary Fund warned earlier this month that Argentina had not taken sufficient steps...

  • BUENOS AIRES, June 9- Brazil's Vale SA is in negotiations with various investors to sell its suspended Rio Colorado potash mine in Argentina and a deal could be sealed by October, Argentine Mining Secretary Jorge Mayoral said in an interview on Tuesday. The company had asked for the breaks as global potash prices dropped, to help ease soaring costs it attributed...

  • NEW YORK, June 5- Argentina must pay $5.4 billion to more than 500 "me-too" holders of defaulted debt before it can pay the majority of its creditors, a U.S. judge ruled on Friday, adding to the pressure facing the South American country. In the latest development in long-running litigation by creditors seeking full repayment on Argentine bonds following its $100...

  • LONDON, June 5- Argentina debt holdouts expect a "fairly" prompt decision from a U.S. court on their request to have payment blocks extended to more of the country's dollar debt, including bonds issued last month, one of their lawyers said on Friday. Argentina issued $1.4 billion in BONAR 2024 bonds last month to raise desperately needed money, using the fact they are...

  • LOS ROQUES, Venezuela, June 4- Fears of being kidnapped or not finding toilet paper are not much of an incentive for a holiday in Venezuela. That is thanks to exchange controls skewing the economy in favor of anyone with foreign currency, meaning you can hire a boat to a Caribbean island for $15 a day, or trek through Andean mountains or Amazon jungle for a week, with...

  • BUENOS AIRES, June 1- All three of the leading candidates in Argentina's election race plan to dismantle outgoing President Cristina Fernandez's web of currency and trade controls and clean up government finances to boost the stagnating economy. The consensus on the need for policy changes could further encourage investors who have driven a rally in...

  • *Argentina says adding claims increases obligation by $5.2 bln. *Argentina says nation would be put at unacceptable level of risk. May 29- Argentina urged a U.S. judge on Friday to not expand by another $5.4 billion the amount it must pay holders of defaulted debt before it can pay the majority of its creditors who participated in two rounds of sovereign...

  • BUENOS AIRES, May 29- Argentina's real estate, utility and agricultural sectors all offer a smart bet ahead of a change in government in December, said New York- based Bienville Capital Management, whose new Argentina- focused fund has raised about $250 million. Foreign investors have shied away from Argentina in recent years as President Cristina Fernandez's...

  • BUENOS AIRES, May 19- Labor disputes are on the rise in Argentina and costing foreign energy companies millions of dollars as they explore the country's vast but barely-tapped Vaca Muerta shale oil and gas field, company officials said. Trade Unions are a powerful force in Argentina, Latin America's No. 3 economy, where the frequency of industrial disputes are a...

  • BUENOS AIRES, May 14- Argentina's closing soy prices and trends on Thursday:. *In the Rosario grains market, soy closed at 1,880 pesos per tonne, compared with 1,870 pesos per tonne in the previous session. The following is a list of grain and oilseed prices in Argentina's main ports; values from the previous session are in parentheses:.

  • NEW YORK, May 11- Argentina debt holdouts on Monday asked a U.S. court to make more of the country's debt, including bonds issued last month, subject to a prior court order blocking the country from making payments on its obligations without paying the holdouts as well. Aurelius Capital Management, one of the lead holdout investors in defaulted Argentina...

  • NEW YORK, May 11- Argentina debt holdouts filed motions with a U.S. court on Monday seeking to broaden the scope of a prior court ruling that blocks the South American country from making payments on its debt without also paying them at the same time. Aurelius Capital Management, one of the lead holdout investors in defaulted Argentina sovereign debt, wants its...

  • BUENOS AIRES, May 7- Hedge funds suing Argentina over its defaulted debt have had some funds in the country's Belgian diplomatic bank accounts frozen in a bid to pressure a settlement in the dispute, a move Buenos Aires described as "attempted extortion" and illegitimate. Argentina restructured most of that debt in 2005 and 2010, giving holders around 30 cents on...

  • The places close to USA where China is winning Wednesday, 6 May 2015 | 1:34 PM ET
    China's President Xi Jinping, left, is welcomed by his Brazilian counterpart Dilma Rousseff at Planalto Palace on July 17, 2014 in Brasilia.

    "The Chinese government hopes to develop itself on par with (the United States), Europe and Russia as an international leader," says one expert.