Aug 7, 2015

Argentina’s Scioli woos swing voters before presidential primaries

BUENOS AIRES, Aug 6 (Reuters) – Daniel Scioli, the
presidential candidate for Argentina’s ruling party, on Thursday
urged undecided voters to back him in this weekend’s party
primaries in a speech designed to reassure the party’s socialist
faithful while wooing swing voters.

Sunday’s primaries, in which Argentines can vote for any
candidate from any party or alliance, are widely seen as a dummy
run for the Oct. 25 poll. They will help show whether Scioli,
who is ahead in polls, could win outright in the first round.

Jun 30, 2015

Argentineans’ pointers for Greeks: get cash, but don’t rush to exit

BUENOS AIRES (Reuters) – For shell-shocked Greeks struggling with temporarily shuttered banks, long lines at ATMs and limits on withdrawals, Argentineans who survived similar financial chaos more than a decade ago have some guidance. 

“The advice I would give is to go get your money out of the bank,” said Leo Suckewer, a Buenos Aires restaurant operator, recalling Argentina’s “corralito”, or freeze, on bank accounts in late 2001, aimed at halting a run on banks.

Jun 26, 2015

Court to send inspectors into Argentine football federation HQ

BUENOS AIRES (Reuters) – Argentina’s judiciary will send inspectors inside the headquarters of the Argentine Football Association (AFA) as part of an investigation into whether public funds handed to the football body for television rights were misused, a court document showed.

This comes amid increased scrutiny globally into financial flows inside the world of football, but is not part of a widening U.S. probe into corruption inside FIFA and its confederations.

Jun 26, 2015

Court to send inspectors into Argentine soccer federation HQ

BUENOS AIRES (Reuters) – Argentina’s judiciary will send inspectors inside the headquarters of the Argentine Football Association (AFA) as part of an investigation into whether public funds handed to the soccer body for television rights were misused, a court document showed.

This comes amid increased scrutiny globally into financial flows inside the world of soccer, but is not part of a widening U.S. probe into corruption inside FIFA and its confederations.

Jun 24, 2015

Analysis – Long arm of U.S. law may struggle to reach all FIFA defendants

NEW YORK/BUENOS AIRES (Reuters) – (The initial publication of this story on June 4, 2015 included a photograph of a person who was misidentified as Mariano Jinkis. This correction removes the image of the misidentified individual and replaces it with an image of Mariano Jinkis.)

U.S. prosecutors may find it difficult to get a number of the people they have charged in the FIFA bribery scandal to face the music. Several cannot be found, and the authorities in some countries may not agree to extradition requests.

Jun 5, 2015

Argentina’s Macri dismisses opposition pact in presidential race

BUENOS AIRES (Reuters) – Pro-business Buenos Aires Mayor Mauricio Macri has ruled out forming an alliance with fellow opposition candidate Sergio Massa ahead of Argentina’s October presidential election, Macri’s campaign team said on Friday.

Speculation has swirled of a deal between the two to defeat the ruling Front for Victory party candidate, Daniel Scioli.

Jun 3, 2015

Analysis – Long arm of U.S. law may struggle to reach all FIFA defendants

NEW YORK/BUENOS AIRES (Reuters) – U.S. prosecutors may find it difficult to get a number of the people they have charged in the FIFA bribery scandal to face the music. Several cannot be found, and the authorities in some countries may not agree to extradition requests.

Of the nine current and former FIFA officials and five corporate executives indicted for running a criminal enterprise that involved more than $150 million (£97.8 million) in bribes, the whereabouts of three Argentines and one Brazilian remain unknown. Another two former FIFA officials in the Americas – one in Paraguay and the other in Trinidad and Tobago – are expected to resist extradition to the United States.

Jun 3, 2015

Long arm of U.S. law may struggle to reach all FIFA defendants

NEW YORK/BUENOS AIRES (Reuters) – U.S. prosecutors may find it difficult to get a number of the people they have charged in the FIFA bribery scandal to face the music. Several cannot be found, and the authorities in some countries may not agree to extradition requests.

Of the nine current and former FIFA officials and five corporate executives indicted for running a criminal enterprise that involved more than $150 million in bribes, the whereabouts of three Argentines and one Brazilian remain unknown. Another two former FIFA officials in the Americas – one in Paraguay and the other in Trinidad and Tobago – are expected to resist extradition to the United States.

May 28, 2015

Argentina judge orders arrest of executives in FIFA scandal

BUENOS AIRES (Reuters) – An Argentine judge said on Thursday he had ordered the arrest of three businessmen named in a corruption scandal engulfing world soccer and facing U.S. extradition requests, though he acknowledged he did not know if they were in the country.

Alejandro Burzaco, Hugo Jinkis and his son Mariano Jinkis, all Argentine citizens, are among five defendants who have apparently not been detained or arrested a day after the U.S. Department of Justice named them as among those facing corruption charges.

May 21, 2015

Weatherford sees ‘only upside’ in Argentine oil and gas

BUENOS AIRES, May 21 (Reuters) – Weatherford Drilling
International expects to win contracts in the next two or three
months to deploy rigs to Argentina where foreign energy majors
are exploring one of the world’s largest shale resources, a
senior company official said on Thursday.

Warren Levy, the firm’s operations director for Latin
America, described the South American country as a “target
market” that had stayed strong even after international oil
prices spiraled downward.