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Argentina formalizes new debt offer to creditors

Buenos Aires - Argentina on Tuesday formalized a new offer to creditors by presenting its proposal to the US Securities and Exchange Commission as President Alberto Fernandez's government looks to restructure a $66 billion debt.

Argentina to renew offer to creditors, extends negotiation: president

Buenos Aires - Argentina will make creditors an improved offer and extend negotiations on restructuring $66 billion in debt through the end of August, President Alberto Fernandez said Sunday."The new offer will be made known today.

Argentina cranks up coronavirus lockdown in capital

Buenos Aires - Argentina President Alberto Fernandez announced on Friday a toughening of lockdown measures in the capital Buenos Aires and its surrounding area as coronavirus cases are on the rise.

With no flights, Argentine sails across Atlantic to see parents

Mar Del Plata - "Mission accomplished!" That joyful declaration came from Juan Manuel Ballestero, an Argentine sailor who, unable to fly home from Portugal due to the pandemic, crossed the ocean alone in his modest sailboat to see his aging parents."I did it!

Argentina's pandemic-hit events business reinvents itself online

Buenos Aires - Argentina's strict coronavirus lockdown has forced hundreds of party venues into bankruptcy since it came into force in March, but many owners are successfully remodelling their businesses to embrace the virtual realities of the pandemic's new normal.

Argentina extends debt negotiations to June 19

Buenos Aires - Argentina on Friday extended a deadline for debt restructuring talks to June 19 as the economy ministry announced it was preparing to present a new offer to creditors.

Recession-hit Argentina refines new offer to creditors

Buenos Aires - Argentina will offer a new proposal to creditors on Friday as it looks to restructure a $66 billion debt that contributed to the crisis-hit South American country defaulting last month for the ninth time in its history.

More than 20,000 shops reopen in Argentine capital

Buenos Aires - More than 20,000 clothes and shoe shops in Buenos Aires were allowed to open on Monday as Argentina began a gradual reopening following more than two months of coronavirus lockdown.Until now, only businesses deemed essential had been allowed to open.

Argentina ex-president Macri accused of spying on 400 journalists

Buenos Aires - Argentina's Federal Intelligence Agency (AFI) has called for an investigation into former president Mauricio Macri for allegedly spying on more than 400 journalists, a source told AFP on Sunday.

Argentine paleontologists discover small carnivorous dinosaur

Buenos Aires - Fossilized remains of a new species of dinosaur that lived 90 million years ago have been discovered in Patagonia, Argentine paleontologists announced on Thursday.

Two firefighters killed in Argentina perfume shop blast

Buenos Aires - Two firefighters died and another 15 were wounded after two explosions in a perfume shop in Buenos Aires Tuesday as they were trying to extinguish a blaze, the emergency services said.

IMF backs revised Argentine debt offer, 'limited scope' for more

Buenos Aires - A revised Argentine proposal to international creditors on restructuring $66 billion in debt won backing Monday from the IMF, which warned the government had limited scope for a better offer.

Argentina's ex-president Macri probed over 'spying'

Buenos Aires - Prosecutors in Argentina have opened an investigation into allegations that former president Mauricio Macri spied on political opponents during his five years in office, judicial sources reported Friday.

Orthodox Jews arrested over wedding in Argentina

Buenos Aires - Eight people were detained as they were preparing to celebrate an Orthodox Jewish wedding in Buenos Aires despite a lockdown, the local public prosecutor said on Tuesday.

Argentina in default but creditor negotiations continue

Buenos Aires - Argentina defaulted on Friday for the second time in less than 20 years after failing to pay $500 million of interest on its bond debt, but it continues to negotiate a restructure with creditors, Finance Minister Martin Guzman said.

Default looms for Argentina despite debt deadline extension

Buenos Aires - Argentina was teetering on the brink of a second default this century on Friday as the deadline for a $500 million bond interest repayment approached.

Argentina's second city resumes lockdown after virus cases spike

Buenos Aires - Argentina's second city Cordoba has rolled back on the easing of lockdown measures following a sharp spike in coronavirus infections, authorities said Tuesday.

Pandemic increases isolation of Argentina's desert children

Mendoza - Argentina's coronavirus lockdown has closed schools nationwide and driven teaching online, but nowhere are the wasted weeks felt more keenly than in Huarpe indigenous communities in the far north, which have little access to the internet or distance ed...

Infections spike in heart of Buenos Aires, worrying authorities

Buenos Aires - One of Buenos Aires' poorest and most densely populated neighborhoods has shown a spike in the number of COVID-19 infections, worrying authorities hoping to ease the Argentine capital's two-month lockdown later this month.

Argentina's joust with bondholders likely to drag on beyond Friday

Buenos Aires - A war of nerves between Argentina and international creditors over restructuring its massive debt is likely to continue unabated past a Friday deadline, analysts say.
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