1999 ... Kenny Roberts Jr. beat Max Biaggi in the championship's last visit. Source: Gerardo Horovitz / AP The MotoGP World Championship will not be racing in Argentina as planned next year, with the nation's round being scrubbed from the 2013 calendar over political issues.   Rd. Grand Prix Track Date 1 Read more [...]

Now Argentines have yet another tool in their mythmaking kit: “Nestor Kirchner, The Movie,” a documentary that has just opened at 120 theaters around the country, an unusually wide distribution equal to that of movies expected to become box-office hits.The movie is also being shown at a film festival in the resort city of Mar del Plata, where Fernandez encouraged the crowd Friday to find strength in her late husband’s legacy. “He came to lift up the Argentines who were humiliated, submerged Read more [...]

A court in Argentina has convicted an Oxford educated University of North Carolina professor of attempting to smuggle four pounds of cocaine into the United States. Paul Frampton, a 68-year-old esteemed professor of physics and astronomy, says he thought he was flying to South America to meet with a bikini model but ended up getting Read more [...]

A court in Argentina has convicted an Oxford educated University of North Carolina professor of attempting to smuggle four pounds of cocaine into the United States. Paul Frampton, a 68-year-old esteemed professor of physics and astronomy, says he thought he was flying to South America to meet with a bikini model but ended up getting Read more [...]

A U.S. tourist was shot in the buttocks and his friend left battered and bruised after they tried to foil an armed raid on a black market currency exchange shop in Argentina. Arcadius Kaselinsky, 32, and James Posso, 44, stepped in to the downtown Buenos Aires shop yesterday afternoon and saw it was being held up by two men. The pistol-toting attackers were wielding a 9mm Read more [...]

ON OCTOBER 26th an appeals court in New York sent shock waves through the sovereign debt markets, when it upheld a ruling that Argentina could not service the bonds it issued in its 2005 and 2010 debt restructurings unless it also paid the investors who rejected its offer in those exchanges. The decision left Argentina with a mere glimmer of hope: the court asked Thomas Griesa, the judge responsible for the case, to determine precisely how much Argentina would have to pay the “hold-out” Read more [...]

Argentina has finally run out of wiggle room in a billion-dollar showdown over foreign debts unpaid since the country's world-record default a decade ago - and the stakes couldn't be higher for President Cristina Fernandez. A United States federal judge in New York has ordered Argentina to pay immediately and in full everything it owes to what Fernandez calls "vulture funds" that she blames for much of her country's troubles. That adds up to US$1.3 billion ($1.6 billion), due by December 15. The Read more [...]

Fly-half Jonathan Sexton has braced Ireland for a fractious encounter with Argentina that he believes will be won by the team that delivers amid the pressure of a critical encounter.One of Test rugby's unlikeliest rivalries will be renewed at Aviva Stadium tomorrow and in keeping with previous meetings, the stakes are high.For the second time in four years they are trading blows for the prize of a place among the second tier of seeds for next month's 2015 World Cup draw.A pool containing hosts Read more [...]

DerivativesCDS almost triples following controversial ruling The latest twist in the legal battle between Argentina and hedge fund holdouts of its 2005 and 2010 bond exchanges has cast doubt on whether credit default swaps referencing the country’s debt may trigger.US District Court Judge Thomas Griesa ruled on Wednesday that Argentina must pay holdouts when it comes to make regular payments to exchanged bondholders in December.This will not apply to a Read more [...]

The judge also barred Argentina from paying other bondholders until it satisfies this judgment, putting the president’s back against the wall: If she doesn’t reverse her longstanding position and pay up, she risks triggering another historic Argentine debt default, this time totaling more than $20 billion. “It is hardly an injustice to have legal rulings which, at long last, mean that Argentina must pay the debts which it owes. After ten years of litigation this is a just result,” U.S. District Read more [...]