Sarah's Feed
Mar 25, 2015

Argentina sees a ‘scam’ in Citigroup debt deal

BUENOS AIRES (Reuters) – A deal between Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) and a U.S. judge allowing the banking giant to process two Argentine debt payments and exit its custodian business in Argentina may violate the country’s laws, Economy Minister Axel Kicillof said on Wednesday.

Argentina is concerned Citigroup’s departure may further hamper the chances of debt interest payments on local law debt restructured after its record 2002 default reaching bondholders.

Mar 13, 2015

Argentina says bond payment must be go through despite U.S. ruling

BUENOS AIRES (Reuters) – Argentina said on Friday it will
demand that banks operating in the country process bond interest
payments despite a U.S. court ruling the day before that banned
Citigroup Inc from handling payments by the government on
its local law bonds.

U.S. District Judge Thomas Griesa in Manhattan said letting
Citigroup process the payments on so-called dollar-denominated
exchange bonds would violate a requirement that Argentina treat
bondholders equally.

Mar 4, 2015

Argentina wants to revive deal with Iran to solve 1994 attack

BUENOS AIRES (Reuters) – The Argentinian government took out full-page advertisements in local newspapers on Wednesday, stressing that a stalled agreement with Iran remained the best way to get to the bottom of the deadly 1994 bombing of a Buenos Aires Jewish community center.

An Argentine federal court last year struck down the controversial deal, which would have allowed the interrogation of Iranian suspects. Tehran denies any responsibility for the attack that killed 85 and refuses to extradite its citizens.

Mar 3, 2015

Argentina says creditors filed $7-8 bln more claims in debt battle

BUENOS AIRES (Reuters) – Argentina’s economy minister said
on Tuesday “me-too” investors who want compensation for debt
owed since the country’s 2002 default have lodged claims for
between $7 billion and $8 billion in the hope of gaining from
its legal battle with other holdouts.

A U.S. judge ordered Argentina in 2012 to pay a group of
hedge funds that did not participate in its 2005 and 2010 debt
restructuring, including Elliott Management Corp’s NML Capital
Ltd and Aurelius Capital Management, $1.33 billion plus
interest.

Feb 26, 2015

Argentine judge throws out cover-up allegation against president

BUENOS AIRES (Reuters) – An Argentine judge on Thursday dismissed allegations against President Cristina Fernandez that she tried to cover up Iran’s purported involvement in a deadly bombing of a Jewish center in 1994.

The judge ruled he would “discontinue” the case, which was first brought by state prosecutor Alberto Nisman, who was found dead in mysterious circumstances in January the day before he was to appear in Congress to discuss his criminal complaint.

Feb 13, 2015

Intimidation, meddlers stalk Argentine state prosecutors

BUENOS AIRES (Reuters) – Argentine public prosecutors have always needed steely nerves to investigate high ranking officials, business tycoons and criminals: threats to kidnap their children, blackmail and attempts to impeach them come with the turf.

But even to the most hardened, the mysterious death last month of prosecutor Alberto Nisman the night before he was to testify about his allegations that President Cristina Fernandez tried to derail his probe into a bombing attack came as a shock.

Feb 10, 2015

Argentine prosecutor’s death part of coup d’etat attempt: government official

BUENOS AIRES (Reuters) – An Argentine prosecutor’s mysterious death days after he made criminal charges against President Cristina Fernandez is part of an attempt to unseat her and bring neoliberals back to power, a senior government official said on Monday.

The comments by Gustavo Lopez, an undersecretary in the presidency, follow the death of Alberto Nisman on Jan. 18 after he accused the president of derailing his investigation into a 1994 bombing of a Jewish community center.

Feb 5, 2015

Ex-Argentine spy boss wanted for questioning in prosecutor’s death

BUENOS AIRES (Reuters) – Argentine investigators want to grill a former spy chief over the death of a state prosecutor who alleged the country’s president tried to thwart his investigation into the 1994 bombing of a Jewish center.

Oscar Parrilli, head of the Intelligence Secretariat, known as SI, said ex-counterintelligence boss Antonio Stiusso would be allowed to divulge agency secrets so investigators could question him fully about events leading up to Alberto Nisman’s death.

Feb 5, 2015

Former Argentine spy chief summoned in case of dead prosecutor -reports

BUENOS AIRES, Feb 5 (Reuters) – Argentine investigators
summoned a former spy chief for questioning over the death of a
state prosecutor who alleged the country’s president had tried
to cover up his investigation into the 1994 bombing of a Jewish
center, Argentine media reported.

Alberto Nisman was found dead in his flat on Jan. 18, a day
before he was due to testify about his claim that President
Cristina Fernandez tried to whitewash his findings that Iran was
behind the attack in order to win economic favours from Tehran.

Jan 28, 2015

Owner of gun that killed Argentine prosecutor emerges from hiding

BUENOS AIRES (Reuters) – The man who lent an Argentine prosecutor the gun that killed him the day before he was to testify in Congress about allegations against the president emerged from hiding on Wednesday, saying the investigator feared for his family’s life.

The prosecutor’s employee, Diego Lagomarsino, is the only person to be charged with any offence so far in the case of Alberto Nisman, who was investigating the 1994 bombing of Jewish community centre in Buenos Aires.

    • About Sarah

      "Sarah covers economic and political news from Argentina as part of the Reuters Latin America reporting team. The focus this year is on a shift in policy ahead of key elections in late 2015 and signs of a slowdown in an economy marked by one of the world’s highest inflation rates. Sarah moved to Buenos Aires in 2014 from Berlin, where she reported on Europe’s largest economy for five years during the euro zone debt crisis. She joined Reuters as a graduate trainee in the London HQ in 2007 and has also done assignments in Frankfurt and Vienna. ..."
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