• BUENOS AIRES, Dec 5- Argentina's offer to swap or pay early on a dollar-denominated bond due in 2015, if successful, will ease pressure on its foreign reserves and may embolden the government in its fight against U.S. hedge funds suing over unpaid debt. It would be the first foreign currency debt sale by Argentina, Latin America's No. 3 economy, since it defaulted in...

  • NEW YORK, Dec 4- Highland Capital Management, a relative newcomer to Argentina's sovereign debt crisis, placed a hefty bet on a resolution early in the new year by putting more than a quarter of its Global Allocation fund into the country's bonds. James Dondero, the founder of the Dallas- based investment firm with $20 billion under management, started buying...

  • NEW YORK, Nov 10- A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment it receives on U.S. dollar-denominated Argentine law bonds. Citigroup has said it faces...

  • NEW YORK, Nov 7- Argentina, already in default, could see its financial troubles worsen as creditors holding billions of dollars in debt prepare to demand immediate payment, new court filings in New York show. District Judge Thomas Griesa granted to U.S. hedge funds that spurned Argentina's debt restructurings in 2005 and 2010, and then sued for full repayment of...

  • BUENOS AIRES, Nov 3- Procter& Gamble said on Monday it had temporarily suspended operations in Argentina after the country's tax authority, which has accused the company of tax fraud, said it started meetings with the world's No.1 household products maker. On Sunday, Argentina accused the company of hiding income and over-billing $138 million in imports to get...

  • NEW YORK, Nov 3- Daniel Pollack, the court-appointed mediator in the debt dispute between Argentina and holdout creditors, has been given broad authority to grant other investors a seat at the negotiating table in an effort to agree on a comprehensive settlement. District Judge Thomas Griesa issued the order on Monday giving Pollack, known officially as the...

  • LONDON, Nov 3- Cristina Fernandez, president of Argentina, is the sort of populist political leader financial markets love to hate. Oil output has been falling, from a peak of more than 900,000 barrels per day in 1998 to a little over 700,000 bpd in 2013, and Argentina became a net petroleum importer in 2012.. The U.S. Energy Information Administration estimates...

  • Argentina accuses Procter & Gamble of tax fraud Monday, 3 Nov 2014 | 6:10 AM ET
    The Procter and Gamble baby care offices stand at P&G's headquarters in Cincinnati, Ohio,.

    Argentina has accused Procter & Gamble of tax fraud and said it suspended its operations in the South American country.

  • Nov 2- Argentina has accused Procter& Gamble, the world's No. 1 household products maker, of tax fraud and said it suspended its operations in the South American country, according to a statement issued on Sunday by the country's AFIP tax authority. Argentina accused the company of over-billing $138 million in imports to get money out of the country, according to...

  • BUENOS AIRES/ NEW YORK, Oct 31- Argentina's debt default spread to its Par bonds on Friday after the country failed to complete an interest payment, raising the risk that creditors could demand that the country's cash-strapped government immediately repay all of its debt. Argentina deposited a $161 million payment with a newly appointed local trustee last...

  • BUENOS AIRES/ NEW YORK, Oct 31- Argentina's debt default spread to its Par bonds on Friday after the country failed to complete an interest payment, raising the risk that creditors could demand that its cash-strapped government immediately repay all of its debt. Argentina had already defaulted in July on its Discount notes, but holders of the Par bonds are more...

  • Argentina's central bank chief resigns   Wednesday, 1 Oct 2014 | 4:01 PM ET
    Argentina's central bank chief resigns

    CNBC's Kate Kelly reports Argentina's stock market plummeted over 8 percent on resignation rumors.

  • Argentine bond battle   Wednesday, 24 Sep 2014 | 12:52 PM ET
    Argentine bond battle

    Argentina is now $2 billion overdue in payments to at least 2 sets of bondholders, reports CNBC's Kate Kelly.

  • Bass big on Argentina; rips 'immoral' competitors Wednesday, 24 Sep 2014 | 12:01 PM ET
    Kyle Bass, founder of Hayman Capital.

    He bashed rival funds such as Elliott Management, which has invested in Argentine bonds and held out for full payment, calling their behavior immoral.

  • Argentina's bond soap opera   Wednesday, 24 Sep 2014 | 7:54 AM ET
    Argentina's bond soap opera

    CNBC's Kate Kelly, and Kyle Bass, Hayman Capital Management, discuss the brawl over Argentina's bond payment plan. And Bass reveals his stake in Argentine energy producer YPF Sociedad Anónima.

  • Judge: Argentina cannot change debt's domicile Thursday, 21 Aug 2014 | 4:26 PM ET
    A man walks past graffiti that reads, "Get out vultures" in Buenos Aires, August 14, 2014.

    Judge Thomas Griesa said Argentina cannot change the debt's domicile after meeting with the country's counsel and debt holdouts on Thursday.

  • Judge calls hearing on alleged Argentina contempt Thursday, 21 Aug 2014 | 12:44 PM ET
    Buenos Aires: Plaza de Mayo

    The federal judge overseeing Argentina's bond dispute called a hearing after creditors claimed Argentina was ignoring his past orders.

  • Argentina facing a 'dysfunctional love triangle'?   Tuesday, 19 Aug 2014 | 9:10 PM ET
    Tracking Argentina's default woes

    Jim Rickards, Senior Managing Director at Tangent Capital, discusses whether the Argentine government's move to service its defaulted debt in the country can resolve its default woes.

  • Citi to US: Argentina banking license at risk Tuesday, 19 Aug 2014 | 1:40 PM ET

    Citigroup told the US appeals court that Argentina's banking license may be at risk as a result of the standoff between the country and hedge funds.

  • US judge warns Argentina verging on contempt   Friday, 8 Aug 2014 | 4:21 PM ET
    US judge warns Argentina verging on contempt

    The court hearing over Argentina's debt situation has finished. CNBC's Dominic Chu reports the judge demands Argentina's misleading statements must stop.