WASHINGTON: Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds. The agency also cut its outlook for Argentina to negative from stable – a warning that the country could face another downgrade. Moody's said a sharp fall in the government's foreign exchange reserves, to US$27.5bill from US$52.7bil Read more [...]

Kicillof next to aides making the announcement and anticipating a stabilization of prices for March  The areas of the economy which registered the steepest price increases were in food and drink, at 4%, clothing, 1.4%, home furnishings 4.8% and medical attention, which rose a total of 6% over the month. The much expected Read more [...]

BARCELONA (Reuters) - Lionel Messi has played down the importance of individual achievements and said the key thing is for Barcelona to continue making history as a team after he became the La Liga club's record scorer on Sunday. A product of Barca's academy and still only 26, Messi netted a hat-trick in their 7-0 drubbing of Osasuna at the Nou Camp, taking the Argentina forward's tally to 371 goals and surpassing Paulino Alcantara's mark of 369 set between 1912 and 1927.Messi's latest treble Read more [...]