Argentina is asking a US appeals court to reverse an order for the country to pay $1.33 billion to "holdout" creditors who refused to join two swaps for the country's defaulted debt. Argentine government lawyers said in papers filed late Friday that the order violates the country's sovereignty. The lawyers said the order also threatens service on at least $24 billion of the county's restructured sovereign debt, impairs the rights of third parties Read more [...]

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Argentina's Pan American Energy says it will spend $3.4 billion on natural gas exploration and output in the country over the next five years. A statement issued Friday says the company struck a deal with the Argentine government to boost the price it will get for natural gas to $7.5 per million British thermal units. The company says the agreement is similar to one recently reached between the government and YPF, which is Argentina's state-run Read more [...]

Argentina is asking a US appeals court to reverse an order for the country to pay $1.33 billion to "holdout" creditors who refused to join two swaps for the country's defaulted debt. Argentine government lawyers said in papers filed late Friday that the order violates the country's sovereignty. The lawyers said the order also threatens service on at least $24 billion of the county's restructured sovereign debt, impairs the rights of third parties Read more [...]

Argentina's Pan American Energy says it will spend $3.4 billion on natural gas exploration and output in the country over the next five years. A statement issued Friday says the company struck a deal with the Argentine government to boost the price it will get for natural gas to $7.5 per million British thermal units. The company says the agreement is similar to one recently reached between the government and YPF, which is Argentina's state-run Read more [...]

Post Contributor Badge This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story. More about badges | Request a badge Read more [...]

State energy company YPF has signed a preliminary agreement with Bridas Corp. for the development of Argentina's vast nonconventional oil and gas resources, YPF said Friday. The company said it will require an initial investment of $1.5 billion over two years for the development of 663 square kilometers (256 square miles) of the Vaca Muerta ("Dead Cow") formation discovered in Neuquen province in 2010. YPF will hand over 50 percent of its rights Read more [...]

Margaret Thatcher admitted that she did not anticipate the Falklands crisis and was taken by surprise when Argentina invaded the disputed Islands in April 1982, according to documents released on Friday.The invasion sparked a war that Britain won massively, boosting her popularity.“I never, never expected the Argentines to invade the Falklands head-on. It was such a stupid thing to do, as events happened, such a stupid thing even to contemplate doing”, said the then Conservative Prime Minister, Read more [...]

THE Government was on the verge of withdrawing UK teams from the 1982 World Cup with players "revolted" at the thought of playing then-enemy Argentina, newly-released documents have revealed. Sports minister at the time Neil Macfarlane urged Prime Minister Margaret Thatcher to scratch England, Scotland and Northern Ireland after they qualified for the tournament in Spain. In April - two months before kick-off - Macfarlane said there should be "no sporting contact" on British soil with Read more [...]