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Argentina

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  • BUENOS AIRES, Sept 7- Argentina's central bank chief, Juan Carlos Fabrega, met his Chinese counterpart on Sunday to discuss how a currency swap worth billions of dollars will be put into action, the Argentine monetary authority said.

  • BUENOS AIRES, Sept 5- Many investors are interested in swapping global Argentine bonds for paper governed by local law, the government said on Friday, a day after the Senate approved the proposed debt exchange as a way to circumvent U.S. court rulings.

  • BUENOS AIRES, Sept 4- Argentina's Senate on Thursday passed a bill aimed at circumventing U.S. court decisions regarding its defaulted debt by changing payment jurisdiction, sending the proposal to the lower house Chamber of Deputies for final approval. The chamber, like the Senate, is controlled by government allies who are expected to vote the bill into law.

  • BUENOS AIRES, Sept 4- Argentina's Senate on Thursday passed a bill aimed at circumventing U.S. court decisions regarding its defaulted debt by changing payment jurisdiction, sending the proposal to the lower house Chamber of Deputies for final approval. The chamber, like the Senate, is controlled by government allies who are expected to vote the bill into law.

  • Argentina swap plan gets cold reception in New York Thursday, 4 Sep 2014 | 3:06 PM ET

    NEW YORK, Sept 4- Argentina's plan to emerge from its second default in 13 years by swapping defaulted debt for new local-law bonds is receiving a cold reception in New York, where officials from the country's finance ministry are meeting with investors.

  • BUENOS AIRES, Sept 4- Argentina's Senate on Thursday passed a bill aimed at circumventing U.S. court decisions regarding its defaulted debt by changing payment jurisdiction, sending the proposal to the lower house Chamber of Deputies for final approval. The chamber, like the Senate, is controlled by government allies who are expected to vote the bill into law.

  • BOLIVAR, Argentina, Sept 2- Grains powerhouse Argentina could increase soy, corn and wheat output by as much as a fifth if the president elected next year scraps export quotas, eases taxes and reverses other policies that have slowed investment, farmers and commodity traders say.

  • The subpoenas are aimed at a US $4.7 bn facility provided by China Development Bank, ICBC and BOC to finance the construction of two hydroelectric dams in Patagonia and a US $2.1 bn loan from China Development Bank and ICBC to finance the Belgrano Cargas railway project.

  • BNY Mellon, a financial intermediary between the Argentine government and its bond investors, in June held onto a $539 million interest payment owed to bondholders on the orders of a U.S. court. The Argentine government argued it had met its debt obligations and urged holders of exchange debt to pursue BNY Mellon for payment.

  • Left-leaning President Cristina Fernandez unveiled on Tuesday measures that would see the South American country make payments on debts held under foreign legislation in Argentina and push bondholders to bring their notes under Argentine law.

  • But the judge declined to hold Argentina in contempt despite the urging of the two leading holdout creditors, saying such a finding would not "add anything to the scales" to encourage a settlement.

  • 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.

  • HOUSTON/ CARACAS, Aug 21- Venezuela's shipments of crude oil and fuel to its allies have fallen to a five-year low as a weak economy hits its ability to uphold accords that former President Hugo Chavez struck to lower energy costs for friends and expand his diplomatic clout.

  • 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.

  • HOUSTON/ CARACAS, Aug 21- Venezuela's shipments of crude oil and fuel to its allies have fallen to a five-year low as a weak economy hits its ability to uphold accords that former President Hugo Chavez struck to lower energy costs for friends and expand his diplomatic clout.

  • NEW YORK, Aug 21- The U.S. judge who barred Argentina from servicing its debt until it settled with investors demanding full payment on their bonds scheduled a new hearing on Thursday, after the country unveiled plans to sidestep his ruling that led it to default for the second time in a dozen years.

  • NEW YORK, Aug 21- A U.S. investment fund pressing for full repayment on Argentine debt is urging a U.S. judge to consider declaring Argentina in contempt after Buenos Aires announced plans to skirt court rulings that pushed it into default.

  • An acceleration could leave Argentina facing claims of up to $30 billion, more than the government holds in foreign reserves.

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

    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.

  • ISDA delays Argentina CDS auction until September Tuesday, 19 Aug 2014 | 5:16 PM ET

    ISDA's 15-member determinations committee voted unanimously Tuesday to postpone the auction until at least after Sept. 2.