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  • BUENOS AIRES, April 12- Argentina's finance minister said on Tuesday he hoped the creditors who had reached deals with the government on defaulted debt would not back down, amid concerns that the country will not be able to meet the deadline for payment. "We have done all that we could," Finance Minister Alfonso Prat-Gay told reporters in New York, where he is heading...

  • NEW YORK, April 10- Argentina settled with additional creditors holding defaulted sovereign bonds for $253 million, Daniel Pollack, the court-appointed mediator in the long-running case, said in a statement on Sunday. "In my capacity as Special Master, with the responsibility for presiding over the conduct of settlement negotiations, I am extremely gratified...

  • NASSAU, April 8- Argentina will cap its first international bond in 15 years at US $15 bn, two sources with knowledge of the matter told IFR on Friday before the sovereign meets investors next week. Argentina is looking to raise at least US $12 bn- enough to cure its 2014 default and resume payments on restructured bonds. Argentina has already received more than 140...

  • Argentine flags at the Plaza de Mayo, in Buenos Aires.

    Argentina will head to the markets with its long-awaited multibillion-dollar bond issuance next week, according to media reports.

  • NEW YORK, April 6- Argentina settled with additional creditors holding defaulted sovereign bonds for just under $250 million, Daniel Pollack, the court-appointed mediator in the long-running case, said in a statement on Wednesday. "Thus, the funds will be paid 150 percent of the principal of their bonds," Pollack said, noting the settlement was within the terms...

  • Argentina’s debt problem

    Kevin Daly, investment manager at Aberdeen Asset Management, talks about Argentina’s economic recovery and whether the "Panama Papers" leak will impact this.

  • BUENOS AIRES, April 4- President Mauricio Macri, who won last year's election in Argentina partly on promises to fight corruption, on Monday denied any wrongdoing in his connection with an offshore company in the Bahamas which emerged in a leak of documents. The "Panama Papers" showed that he moonlit as director of Fleg Trading Ltd, which was founded in 1998 and...

  • BUENOS AIRES, April 1- Argentines will pay sharply higher rates for natural gas consumption, according to subsidy cuts announced by the government on Friday as part of new President Mauricio Macri's fiscal austerity plan. Heating prices will go up by 300 percent in some areas, after years of generous subsidies that kept the gas bill for millions of Argentines...

  • Buenos Aires: Plaza de Mayo

    Argentina is set to launch a $12 billion-plus bond that would mark a return to the capital markets after 14 years and settle a lengthy dispute with global hedge funds.

  • NEW YORK, March 26- A U.S. appeals court will hold a hearing on April 13 to analyze the possible lifting of injunctions that have restricted Argentina from paying off some of its debts, according to an order issued by the court late on Friday. Argentina's previous leader Cristina Fernandez had a chilly relationship with Washington and refused to negotiate with...

  • BUENOS AIRES, March 24- President Barack Obama said the United States was too slow to condemn human rights atrocities during Argentina's 1976-1983 dictatorship as he honored victims of the "Dirty War" on Thursday, but he stopped short of apologizing for Washington's early support for the military junta. "There has been controversy about the policies of the...

  • BUENOS AIRES, March 24- President Barack Obama said the United States was too slow to condemn human rights violations during Argentina's 1976-1983 dictatorship as he honored victims of the "Dirty War" on Thursday, but he stopped short of apologizing for Washington's early support of the military junta. Obama's state visit to Argentina coincided with the 40th...

  • BUENOS AIRES, March 24- President Barack Obama faulted U.S. policy regarding Argentina's 1976-1983 dictatorship while honoring victims of the "Dirty War" on Thursday, but he stopped short of apologizing for Washington's early support of the junta. Obama's state visit to Argentina coincided with the 40th anniversary of the coup that began a seven-year...

  • BUENOS AIRES, March 24- President Barack Obama will honor victims of Argentina's "Dirty War" on Thursday, the 40th anniversary of a military coup that led to a seven-year crackdown against Marxist rebels, labor unions and leftist opponents. He promised on Wednesday to declassify military and intelligence records related to the dictatorship-era, a time when...

  • The bondholder letters, sent by Milberg, Proskauer Rose and McDermott Will& Emery, allege that Argentina has refused to negotiate with small investors who collectively hold nearly $1 billion in defaulted bonds, despite recently reaching agreements with the majority of bondholders who declined to participate in previous sovereign debt restructurings,...

  • Obama, on a two-day visit to Argentina that marks a detente after years of tensions, said Argentina under Macri was poised to play a more influential role on the global stage, in settings like the G20 grouping of major economies. "I'm impressed because he has moved rapidly on so many of the reforms that he promised, to create more sustainable and inclusive economic...

  • BUENOS AIRES, March 23- U.S. President Barack Obama discussed Brazil's political crisis in a bi-lateral meeting with neighboring Argentina's President Mauricio Macri in Buenos Aires on Wednesday, saying he hoped it could be effectively resolved. "Their democracy is sufficiently mature, their systems of laws and structures I think are strong enough that this...

  • BUENOS AIRES, March 23- President Barack Obama on Wednesday praised Argentina's new center-right leader, Mauricio Macri, for the swift pace of reforms to create a stronger economy and said Washington was ready to work more closely with Argentina after years of tension. Obama, on a two-day visit to Argentina that marks a rapprochement in relations, said the...

  • Obama: Why I ran for office

    U.S. President Barack Obama discusses his goals for America.

  • Argentina's President Mauricio Macri (R) and President Barack Obama leave after posing at the Casa Rosada government house in Buenos Aires, March 23, 2016.

    The world must unite to fight terrorism and the United States can and will defeat Islamic State, U.S. President Barack Obama said.