BEIJING -- Dagong Global Credit Rating Co., Ltd. downgraded the foreign currency sovereign credit rating of the Republic of Argentina from CC to D, and maintain the local currency sovereign credit rating at CCC. The Argentine government failed to make the scheduled interest payment of foreign currency exchanged bonds on July 30th, 2014, violating the will of the bondholders, and inflicting material loss to them. Accordingly, Dagong determines that the Argentine government has defaulted on its foreign Read more [...]

The 83-year-old head of the Argentinian movement which works to track down babies stolen by the country's brutal 1976-83 military dictatorship has found her grandson after a 35-year search, a relative said Tuesday. Estela Carlotto, who leads the Grandmothers of the Plaza de Mayo group, was able on Tuesday to meet her kidnapped grandson, said a relative, who said the identity was confirmed through genetic testing. Read more [...]