Jan 1, 2015
Jan 1, 2015
Jan 1, 2015
Dec 31, 2014
Dec 23, 2014

Argentina to cut crude oil, petrol pump prices – oil union head

BUENOS AIRES, Dec 22 (Reuters) – Argentina’s central
government and oil pumping provinces have agreed to cut the
fixed price of crude oil produced and sold in the country, a
step that would likely ease price pressures on consumers facing
one of the world’s highest inflation rates.

President Cristina Fernandez’s leftist government has
consistently set the price of local crude below international
market prices, but the slump in global oil prices has now left
Argentine consumers suffering while producers benefit.

Dec 21, 2014
Dec 21, 2014

Captive orangutan has human right to freedom, Argentine court rules

BUENOS AIRES (Reuters) – An orangutan held in an Argentine zoo can be freed and transferred to a sanctuary after a court recognized the ape as a “non-human person” unlawfully deprived of its freedom, local media reported on Sunday.

Animal rights campaigners filed a habeas corpus petition – a document more typically used to challenge the legality of a person’s detention or imprisonment – in November on behalf of Sandra, a 29-year-old Sumatran orangutan at the Buenos Aires zoo.

Dec 13, 2014

Argentina bond top-up fails, reserves still under siege

BUENOS AIRES, Dec 12 (Reuters) – Argentina’s first
dollar-denominated bond issue since it defaulted on its debt in
July has flopped, dealing a blow to government efforts to shore
up its low foreign reserves.

Economy Minister Axel Kicillof said on Friday that Argentina
received offers worth just $286 million, far below the $3
billion of Bonar24 paper offered by the government. The economy
ministry later said all bids were accepted.

Dec 12, 2014

Argentina bond top-up disappoints, pressure still on reserves

BUENOS AIRES, Dec 12 (Reuters) – Argentina’s first
dollar-denominated bond issue since it defaulted on its debt in
July has flopped, dealing a blow to government efforts to shore
up its low foreign reserves.

Economy Minister Axel Kicillof said on Friday that Argentina
had received offers worth just $286 million, far below the $3
billion of Bonar24 paper offered by the government. He did not
say if the government had accepted those bids.

Dec 5, 2014

Argentina hopes bond swap will help it battle holdouts

BUENOS AIRES, Dec 5 (Reuters) – 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.

Economy Minister Axel Kicillof said on Thursday the
government planned to issue new dollar-denominated Bonar24 notes
worth up $3 billion. It would be the first
foreign currency debt sale by Argentina, Latin America’s No. 3
economy, since it defaulted in July.