Mass protests erupt against Argentina media reforms

BUENOS AIRES: Tens of thousands of people demonstrated in Buenos Aires on Tuesday against the new Argentine government's reforms, including measures they say curb press freedom. Crowds responding to an online call by organizers swamped the Plaza de Mayo square in front of the presidential palace in the Argentine capital. The demo was called as a protest against President Mauricio Macri's bid to repeal a law by his leftist predecessor that outlawed monopolies by media Read more [...]

Argentina eyes debt deal with US investors

BUENOS AIRES, Argentina – Argentina’s President Mauricio Macri said he hoped for a “reasonable agreement” with the country’s foreign creditors when he re-launches negotiations over billions of dollars of debt with U.S. investors Wednesday. A deal with U.S. investment funds is a key aim for the market-friendly conservative president as he rolls back measures by Argentina’s former leftist government which branded the investors “vultures.” In meetings in New York, Argentine officials Read more [...]

Why Lionel Messi must play in Copa Centenario

Lionel Messi says he'd trade his five Ballons d'Or for one World Cup trophy. The Argentine was, of course, hypothetically speaking at the pre-FIFA awards gala on Monday before he was awarded a fifth golden ball as the world's best player. But he could win a sixth, seventh or eighth Ballon d'Or in the next three years and he'd still be considered the second best player Argentina has ever produced, behind Diego Maradona, if he doesn't lead Argentina to a World Cup title. Despite all his success at Read more [...]

Argentina seeks to end $100B debt default

President Macri wants ‘reasonable agreement’ with creditors in US courts By Charles Newbery BUENOS AIRES, Argentina – President Mauricio Macri said Tuesday that he would seek a “reasonable agreement” in a bid to complete a settlement on a $100 billion default from 2001. “We want to stop being billed as a defaulting country,” Macri said in a televised press conference. “It is very important that we solve the problems of the past.” Argentina will start Read more [...]

Why Petrobras Argentina & YPF Zig When Oil Prices Zag

By Dimitra DeFotisArgentina’s government has a grip on asset prices and the country’s currency, but has negotiated a 12% price reduction for local oil in dollars and a gasoline price increase of 6% in pesos. Reuters Argentina’s President Mauricio Macri. While the international price of crude, Brent, has tumbled 17% so far in January to a recent $30.81, and the U.S. benchmark is trading at nearly the same level, Raymond James pegs Argentina’s Medanito oil price at $67.50 Read more [...]

Democratorship in Argentina

Mauricio Macri wins the national elections to become the new President of Argentina. Demotix/Javier Gallardo. All rights reserved. Macri's government started with an unprecedented pressing by the Executive Branch: it is the first government since 1983 that has not convened the customary special sessions at the National Assembly. Lacking a majority in both chambers of parliament, he took the decision to impose a winner-takes-all logic. By abolishing taxes on food exports, he quickly Read more [...]

Rio Olympics 2016: Will Lionel Messi Play for Argentina in Summer Games?

Lionel Messi is aching to win another major trophy for Argentina, but the FC Barcelona forward will likely skip the 2016 Summer Olympics in Rio de Janeiro, Brazil. The 2016 Rio Olympics will be an under-23 competition but national teams are allowed to include three players over the age limit. Messi could provide a huge boost to Argentina, but coach Gerardo Martino is not expecting the five-time Ballon d'Or winner to play in Rio. Argentina are set to compete in two major competitions this year. Read more [...]

Argentina’s Messi, USA’s Lloyd FIFA Players of the Year

Barcelona star Lionel Messi has won a record fifth FIFA Ballon d'Or award that goes to the world's best male football player. U.S. Soccer Team co-captain Carli Lloyd won FIFA's Women's World Player of the year for 2015. Messi won the award four consecutive times from 2009 to 2012. On Monday, he dethroned 2013 and 2014 winner Cristiano Ronaldo of Portugal and Spanish club Real Madrid at a ceremony in Zurich. Ronaldo finished second in the voting by national team coaches and captains, and journalists. Read more [...]