LA PLATA, Argentina-- Argentine police and soldiers searched house to house, in creeks and culverts and even in trees for bodies on Thursday after floods killed at least 57 people in the province and city of Buenos Aires.
Corn edged higher in choppy trade, stabilizing after three straight losing sessions following last week's U.S. Department of Agriculture report, which surprised investors with estimates of big U.S. corn and wheat stockpiles. At the CBOT, front-month May wheat settled up 25-3/ 4 cents at $6.96- 1/ 2 per bushel, its biggest single-day rally since Sept. 28.
*Corn choppy, trying to stabilize after 13 percent plunge. Corn was choppy and trying to stabilize after three straight losing sessions following last week's U.S. Department of Agriculture report, which surprised investors with estimates of big U.S. corn and wheat stockpiles.
*Wheat also up on hope of strong world demand for U.S. supplies. *Corn rises after record loss on bargain-hunting. Corn stabilized after three straight losing sessions following last week's U.S. Department of Agriculture report which surprised investors with estimates of big U.S. corn and wheat stockpiles.
MADRID, April 3- Spanish protesters seeking to stop a wave of evictions have resorted to embarrassing politicians at their homes over harsh mortgage laws that have multiplied the pain of a property crash in the recession-hit country.
*Argentina would pay just one-sixth owed to holdouts. NEW YORK, April 2- A U.S. appeals court on Tuesday gave holders of defaulted Argentina debt three weeks to respond to the country's proposed plan to pay them much less than the $1.33 billion they have sued to collect.
NEW YORK, April 2- A U.S. appeals court on Tuesday ordered Argentina bondholders who have been suing to collect $1.33 billion to respond to an alternative payment plan the country put forward last week.
LONDON/ MUMBAI, April 2- Stung by a landmark patent defeat, Western drugmakers will be wary about launching new products in India, but they cannot afford to quit a country tipped to be the world's eighth largest market for medicines by 2016..
*Argentina vows to pay restructured bonds no matter what. NEW YORK/ BUENOS AIRES, March 30- Argentina challenged a U.S. court over the weekend by proposing that "holdout" bond investors be repaid only about one sixth the money federal judges hearing the case say they are owed, setting the stage for a legal showdown in New York.
NEW YORK, March 30- Argentina is pitching an alternative payment formula to a U.S. appeals court that would allow it to resolve litigation with creditors holding defaulted bonds for which they are demanding to be paid $1.33 billion.
NEW YORK, March 30- Argentina on Friday pitched an alternative payment formula to a U.S. appeals court that would allow it to resolve litigation with creditors holding defaulted bonds for which they are demanding to be paid $1.33 billion.
LONDON, March 28- When Argentina froze access to bank deposits in December 2001, the popular backlash was so severe its president and his successor had resigned within a month.
Emerging sovereign and corporate issuers launched $124.5 billion in international bonds in the period between Jan. 1 and March 26 2013, according to data compiled by ING, a whisker below the $125.9 billion launched in the first quarter of 2012.. New issues totalled a record $444 billion last year, ING added, with most activity in the first and fourth quarters.
The capital controls, being imposed to avert a run on banks after an EU bailout, will limit foreign transactions and capital outflows but not movements of money within the country itself, the head of the Cyprus chamber of commerce said on Wednesday after meeting government officials.
"The market has entered a bit of stabilisation after the uncertainties and turmoil that we have had in Cyprus. In equities, the momentum remains positive because of what's going on in the United States, "said HSBC strategist Murat Toprak. In Russia, where companies have heavy exposure to Cyprus, the dollar-denominated stock index.
BUENOS AIRES/ CHICAGO, March 26- The first shipment of Argentine corn to the United States this year is on its way with more to follow, marking an increase in orders from the South American country to the world's top corn producer as it recovers from drought, traders said on Tuesday.
The 2nd U.S. Circuit Court of Appeals in New York declined to grant a so-called en banc rehearing, in which the full court would have reviewed a decision by a three-judge panel of the court that went against Argentina in October.
NEW YORK, March 26- A U.S. appeals court denied Argentina's request Tuesday to have all the judges on its court reconsider a ruling that favored creditors who did not participate in its two debt restructurings.
LIMA, Peru-- Peru's government declared an environmental state of emergency on Monday in a remote Amazon jungle region it says has been affected by years of contamination at the country's most productive oil fields, which are currently operated by Argentina- based Pluspetrol.