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Jan 26, 2015

Argentina says journalists safe after one flees, fearing for life

BUENOS AIRES, Jan 26 (Reuters) – Argentina’s cabinet chief
on Monday said journalists could work safely in the country
after the reporter who broke the news of the mysterious death of
a state prosecutor fled to Israel, saying he feared for his life
under the current government.

On Jan. 18, Damian Pachter was the first to report that
prosecutor Alberto Nisman, who was investigating the deadly 1994
bombing of a Jewish community center in Buenos Aires, had been
found dead in his apartment from a gunshot wound to the head.

Jan 20, 2015

Argentine prosecutor who accused Fernandez of Iran plot found dead

BUENOS AIRES (Reuters) – A prosecutor who accused Argentina’s president of orchestrating a cover-up in the investigation of Iran over the 1994 bombing of a Jewish community centre was found dead in his apartment with a gunshot wound to the head, the government said on Monday.

The body of Alberto Nisman, who for a decade investigated the blast at the Buenos Aires AMIA Jewish community centre that killed 85 people, was discovered on Sunday night.

Jan 16, 2015

Argentina: What the tampon rumpus says about the troubled country

BUENOS AIRES, Jan 16 (Reuters) – Argentines have been
complaining for a while now about the country’s product
shortages. And, until recently, the government has managed to
brush aside such protests, which have centered around
Argentina’s import restrictions.

Well until, that is, the country’s 20.6 million women
couldn’t find their favorite tampons earlier this month – during
the height of summer.

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 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 4, 2014

Argentina says will pay local dollar bond early to curb speculation

BUENOS AIRES, Dec 4 (Reuters) – Argentina offered on
Thursday to pay out early on a dollar-denominated bond due in
2015 to quell market speculation that it will struggle to
service its debt next year due to low foreign reserves and
fallout from a sovereign default four months ago.

Economy Minister Axel Kicillof said holders of the local-law
Boden15 bond can take cash or swap for another
bond due in 2024, an option that would ease the financial burden
on the South American country’s strained coffers.

Nov 4, 2014

Procter & Gamble will not lay off staff in Argentina due to tax probe – source

BUENOS AIRES (Reuters) – Procter & Gamble Co (PG.N: Quote, Profile, Research), the world’s No. 1 household products maker, has no plans to lay off staff in Argentina despite having to suspend commercial operations in the country while it grapples with a tax fraud probe, a source familiar with the matter said on Tuesday.

P&G employees are showing up for work and carrying out tasks not related to the sale and purchase of goods, while the company continues talks with the Argentine tax authority, AFIP, in an attempt to defuse the situation, the source told Reuters.

Nov 4, 2014

P&G will not lay off staff in Argentina due to tax probe -source

BUENOS AIRES, Nov 4 (Reuters) – Procter & Gamble Co,
the world’s No. 1 household products maker, has no plans to lay
off staff in Argentina despite having to suspend commercial
operations in the country while it grapples with a tax fraud
probe, a source familiar with the matter said on Tuesday.

P&G employees are showing up for work and carrying out tasks
not related to the sale and purchase of goods, while the company
continues talks with the Argentine tax authority, AFIP, in an
attempt to defuse the situation, the source told Reuters.

Oct 31, 2014

Argentina default spreads to Par bonds, risking payment demands

BUENOS AIRES/NEW YORK, Oct 31 (Reuters) – 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 month to try to circumvent U.S.
court orders for it to settle with “holdout” investors. The
holdouts are suing to get full repayment of bonds from a 2002
default before holders that accepted the terms of a debt
restructuring get paid by the government.

    • 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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