Trial seeks justice for disappeared’ of Argentine junta’s Dirty War

A trial involving almost 800 cases of human rights abuses during Argentina's 1976-1983 military junta is under way, chronicling the use of torture and murder during the dictatorship. The trial, in Buenos Aires, "was, is and will be the largest trial of crimes against humanity" in Argentina, said rights lawyer Rodolfo Yanzon. It documents 789 abuse cases and is the largest trial in the South American nation since 2003. It is being held in a packed Buenos Aires courtroom, presided over by Judge Daniel Read more [...]

A city shaped by Jewish culture

In the middle of Buenos Aires, in the district of Once, there's an American fast-food chain. It's the only kosher outlet of the chain outside of Israel. That's no coincidence: The largest Jewish community in Latin America, with 250,000 members, lives in Argentina. There are as many Jews living in Buenos Aires as in Mexico, Brazil, Uruguay and Chile put together. Finding refuge in Argentina Already in the late 19th century, the German entrepreneur and philanthropist Baron Moritz von Hirsch had Read more [...]

The last Jew

"We sent you to a religious group to help you develop your sense of identity," is what my father told me when, shortly after my Bar Mitzvah, I decided I didn't want to go to the temple anymore. The way I understand it today, the explanation applied more to him than to me. My father was among the first generation of German-Jewish immigrants in Argentina. For him, the question of identity was almost certainly a complex one. Although not as complex as for my mother, whose parents were also of German-Jewish Read more [...]

US court averts Argentina default at the last minute

On Wednesday, New York's Second Circuit Court of Appeals placed a stay on a lower court's order that Argentina must pay $1.3 billion (1 billion euros) in long-defaulted bonds to a group of US hedge funds, including NML Capital, Elliot Management and Aurelius Capital Management. The payment was due on December 15, and if not made by the debt-laden South American country, would have driven Argentina into technical default. In 2001, Argentina defaulted on government bonds worth about $100 billion. Read more [...]

NY Appeals Court Stays Argentina Debt Ruling

A federal appeals court on Wednesday gave Argentina breathing room in its billion-dollar debt showdown, indefinitely suspending a lower court judge's ruling that threatened to push the country into default. The one-page order by the appeals court sets a Feb. 27 date for arguments in the case, averting a Dec. 15 deadline for a $1.3 billion payment that Argentina has refused to make despite losing its case in federal court against NML Capital Ltd., Read more [...]

Lacoste’s Green Alligators Survive in Argentina

Many top luxury labels have pulled out of Argentina, but one is expanding: It's Lacoste, the French clothier whose shirts carry the green alligator label. The company is opening two big stores in Buenos Aires, supported by Lacoste's first factory outside France. Rudy Gotlib is the CEO of Lacoste's owner Vesuvio S.A. and he says in a statement issued Wednesday that the company invested nearly $3 million in the Argentine expansion, employing 1,200 Read more [...]