Argentina’s new government is negotiating with a group of Wall Street banks for a credit line worth up to US$7 billion to bolster its low foreign reserves and help it eventually lift capital controls, a banking source said on Friday.Argentine President Mauricio Macri wants to move quickly to remove currency controls that restrict access to US dollars but is stymied by the central bank’s precariously low hard-currency reserves.Argentina is in talks with HSBC Holdings PLC, JPMorgan Chase Co, Read more [...]

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BUENOS AIRES Argentina's new government will not appeal a court's decision to strike down a deal with Iran over investigating a deadly 1994 bombing of a Buenos Aires Jewish community centre, a government source said on Friday, putting the long-running controversy to rest.President Mauricio Macri took office on Thursday. Former leader Cristina Fernandez had said she would appeal the ruling last year voiding the agreement she signed with Iran in 2013 to investigate the country's suspected role in Read more [...]

by Matthew Corb, 11 December 2015. Tags: salta, indigenous affairs, Luis Gómez Almarás <!-- window.fbAsyncInit = function() { FB.init({appId: '136757563009517', status: true, cookie: true, xfbml: true}); }; (function() { var e = document.createElement('script'); Read more [...]

MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has withdrawn the expected long-term rating of 'CCC(EXP)' on the Province of Neuquen, Argentina's proposed bond for up to USD350 million. Fitch has withdrawn the expected rating assigned in September 2015 because the transaction is no longer expected to finalize. Fitch's current long-term foreign and local currency ratings for the Province of Neuquen are 'CCC'. Neuquen is characterized Read more [...]

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Multinational tubemaker Tenaris has opened a new Argentinean service center in Senillosa, Neuquen province, aimed at oil and natural gas operators in the Vaca Muerta shale play.The new service center is an extension of Tenaris' existing service center in the city of Neuquen. The Senillosa service center is 33 km (21 miles) from that city and closer to Vaca Muerta, it said in a statement.The Senillosa service center has the capacity to laminate 15,000 mt of pipes annually, Tenaris said. After Read more [...]

BUENOS AIRES (Reuters) - Argentina's new government is negotiating with a group of Wall Street banks for a credit line worth up to $7 billion (£4.6 billion) to bolster its low foreign reserves and help it lift capital controls, a banking source said on Friday. Centre-right President Mauricio Macri, who took office on Thursday, wants to move quickly to remove currency controls that restrict access to dollars but is stymied by the central bank's precariously low hard currency stocks. Read more [...]

It always happens to the good guys… Former Inter Milan striker Diego Milito, who won the treble during this time at the Serie A club, has confirmed he will retire from football next summer. The 36-year-old will hang up his boots after the completion of next season’s Copa Libertadores. Milito said: “I am happy to say I will play another six months at the club, I will stay to play the Libertadores.” The Racing Club forward had been due to retire at the end of Read more [...]

By Kathleen Sullivan | Chronicle Staff In his new book, The Catholic Church and Argentina’s Dirty War, Assistant Professor of Sociology Gustavo Morello, SJ, chronicles the 1976 kidnapping, detainment and torture of American priest James Weeks and five seminarians by the Argentine military government – an event, he says, that points up the complex relationship between the Catholic Church and political violence during Argentina’s infamous Dirty War. “I was interested in the case of Fr. Weeks Read more [...]