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  • A leading candidate in Argentina would overhaul economy Thursday, 16 Apr 2015 | 11:42 AM ET

    BUENOS AIRES, Argentina— The man who could be Argentina's next president wants to put an end to tight government currency controls, make peace with the nation's creditors and improve severely frayed ties to the United States. The right-leaning Buenos Aires mayor leads many polls ahead of the October elections. His popularity is buoyed by economic frustration...

  • LANUS, Argentina, April 14- Daniel Scioli, the front-running candidate for the ruling party ticket in Argentina's presidential election, has a new buzz word: "gradualismo," or "gradual change." Scioli, a 58- year-old former power boat champion who lost his right arm in a crash in 1989, is governor of Argentina's most populous province, Buenos Aires.

  • BUENOS AIRES, Argentina— Argentina's government is extending its price control program aimed at curbing high inflation. Economy Minister Axel Kicillof said Friday that the program will continue for three more months, until July 7. The controls affect 476 supermarket items.

  • The luxury versions of Apple Watch, known as Edition, have price tags ranging from $10,000 to $17,000. Watch cases are made with 18- karat gold alloys, and some of the pricier models have special band options unavailable with other models. In the U.S., 21 stores will make them available for try-ons, including three in New York City.

  • "Citibank ceded to extortion and signed an agreement with the devil on March 20," said Kicillof, adding it was done to "abandon its business in Argentina. The legal fight has its roots in Argentina's $100 billion default in 2001. In 2005 and 2010, the majority of creditors accepted bond swaps with lower payments. U.S. district court judge Thomas Griesa in New York has...

  • Brazil to Mexico: Latin America's image problem Wednesday, 8 Apr 2015 | 10:56 AM ET
    Dilma Rousseff, president of Brazil

    Leaders in Brazil, Mexico, Venezuela, Chile and elsewhere in Latin America are facing a choice: Clean up — or they'll be out.

  • The hedge funds, dubbed vultures by Argentina's leftist government, argued the court could not hear an appeal until Griesa sanctions Argentina, something the Manhattan judge has yet to do. Argentina indicated it was prepared to take its case to an international court if Griesa took further measures against Latin America's third biggest economy.

  • BUENOS AIRES, Argentina— A U.S. appeals court in New York has thrown out an appeal by the Argentine government in the long-running legal fight over the South American country's debt. The 2nd U.S. Circuit Court of Appeals in New York on Tuesday dismissed the appeal of a contempt ruling by Judge Thomas Griesa. It's the latest development in a long legal fight between...

  • *Mercedes, Nissan, Renault collaboration expanded. The new Mercedes-Benz pickup targets commercial and private clients in Europe, Latin America, Australia and South Africa, and will share some of the underpinnings with an all-new Nissan NP300 truck, Daimler and Nissan said in a joint statement. The Mercedes-Benz 1- ton pickup truck will be built by Nissan in...

  • BUENOS AIRES, April 7- Dry weather in Argentina's main soy-growing area is forecast to last another two to three weeks, keeping the grains powerhouse on track toward an expected record crop likely to weigh on already sagging world food prices. In the heart of the farm belt- including parts of Entre Rios, Santa Fe, Cordoba, La Pampa and Buenos Aires provinces- ample...

  • Argentina's securities regulator says Citibank Argentina violated local laws by striking a deal with the hedge funds. Argentina on Monday appealed a U.S. federal court order that it said "erroneously modified and extended" a ruling preventing payment on its restructured bonds under Argentine law. The case stems from a decade-long legal feud between...

  • The dispute is the latest fallout from a long-standing legal battle between Argentina and a group of U.S. creditors that refused to accept debt swaps in 2005 and 2010.. District Judge Thomas Griesa in New York has ruled that Argentina can't pay holders of its restructured debt without also paying the holdout funds. Following that ruling, Argentina threatened...

  • BUENOS AIRES, April 6- Argentine central bank regulators entered Citibank Argentina's headquarters on Monday, as the battle intensified between the government and a group of U.S. hedge funds who refuse to accept discounted payment terms on the country's defaulted debt. Argentina's securities regulator says Citibank Argentina violated local laws by...

  • BUENOS AIRES, April 6- Argentine central bank regulators entered Citibank Argentina's headquarters on Monday, as the battle intensified between the government and a group of U.S. hedge funds who refuse to accept discounted payment terms on the country's defaulted debt. Argentina's securities regulator says Citibank Argentina violated local laws by...

  • BUENOS AIRES, March 31- Argentina made an interest payment on its restructured debt on Tuesday, an economy ministry spokeswoman said, although the money would almost certainly not reach most bondholders due to international lawsuits over defaulted bonds. A U.S. judge has barred Argentina from paying interest on bonds that were restructured after its 2002...

  • BUENOS AIRES, March 31- Argentina will make an interest payment on its restructured debt on Tuesday as planned, an economy ministry spokeswoman said, although payment will almost certainly not reach most bondholders. A U.S. judge has barred Argentina from paying interest on bonds that were restructured after its 2002 default until it settles with a group of U.S....

  • BUENOS AIRES, March 31- Argentina's public transport networks ground to a halt, port workers in the grains export hub of Rosario downed tools and banks shuttered their doors on Tuesday in a general strike over demands for changes to income tax. The prospect of further labor disputes as unions knuckle down to wage negotiations is another headache for President...

  • SANTIAGO, March 30- The Chilean-based LATAM Airlines said on Monday it was canceling a large number of domestic flights in Argentina as well as some international ones into and out of the country due to an upcoming general strike. Banks will also close their doors and port workers in the Rosario grains hub 300 km northwest of Buenos Aires will down tools.

  • BUENOS AIRES, March 26- Argentina's waterlogged soy lands will get much-needed sun over the 10 days ahead, firming soils and allowing growers to drive harvesting combines into fields turned to mud by heavy early-March storms, meteorologists said on Thursday. Areas hardest hit by floods are in central-west Santa Fe and central-east Cordoba provinces.

  • BUENOS AIRES, March 25- Argentine growers have harvested about 5 percent of this year's soy, with high yields in the central farm belt compensating for flood damage in northern fields and keeping the country on track for a record crop, analysts said on Wednesday. Strong soybean demand from China and global demand for soymeal livestock feed has kept a floor under...