Argentina's Fernandez celebrates Greece's 'No' to creditors

BUENOS AIRES (Reuters) - World markets may tremble at Sunday's decision by Greek voters to reject conditions of a rescue deal from creditors, but the leader of Argentina, which suffered a similar crisis more than a decade ago, boldly welcomed the referendum result.

Ruling leaves massive debt for next Argentina government

Buenos Aires (AFP) - A new ruling by a US judge has increased the total Argentina owes holdout bondholders to $5.2 billion -- a massive responsibility that if upheld likely will fall to the next government, experts said.

Is Argentina's economy pulling a tango turnaround?

Its economy is projected to show little or negative growth this year. Argentina is still indebted to American hedge funds, affectionately known as "vultures" in the country. And it remains the poster child of nations that default on their loans.

Argentina raises 4.7 bln pesos in local debt sale

BUENOS AIRES, April 16 (Reuters) - Argentina on Thursday raised 4.713 billion ($531.5 million) pesos in a sale of 12-month and 18-month local, peso-denominated debt, the economy ministry said.

Argentina puts heat on Citibank after Paul Singer deal

Argentina isn’t going to let Citibank get off scot free after striking a deal with billionaire hedgie Paul Singer.

Argentina to make debt coupon payment as normal - Economy Ministry

BUENOS AIRES (Reuters) - Argentina will make an interest payment on its restructured debt on Tuesday as planned, an economy ministry spokeswoman said, although payment will almost certainly not reach most bondholders.

U.S. court hearing over Citi processing of Argentine bond payment delayed

(Reuters) - A U.S. judge has delayed by a week a December hearing to consider whether Citigroup Inc (C.N) should be allowed to process an interest payment by Argentina on bonds issued under its local laws following its 2002 default.

Argentina's lawyers meet debt mediator, but not to negotiate

BUENOS AIRES (Reuters) - Argentina's lawyers met with a court-appointed debt mediator on Wednesday, but they attended only as officers of the court rather than representing the country in its years-old legal battle with holdout hedge funds.

Argentina Questions IMF Forecast Accuracy After Data Overhaul

Six months after overhauling its statistical data under pressure of sanctions by the International Monetary Fund, Argentina is taking the fund to task for what it says are inaccurate forecasts.

Boom year for Argentine stocks reflects fear more than confidence

BUENOS AIRES, Oct 3 (Reuters) - Argentina has defaulted on its debt, the economy is stagnant, inflation is soaring and its market-friendly central bank chief has just been forced out.

Judge allows Citigroup to process Argentine bond payment

(Reuters) - A U.S. judge said Friday he would allow Citigroup Inc (C.N) to process a disputed $5 million payment by Argentina on bonds issued under its local laws following its 2002 default.

Erasing Argentina's energy deficit could take a decade: YPF CEO

(Reuters) - It will take Argentina up to a decade and as much as $200 billion in investment to erase an energy output deficit, the chief executive officer of national oil company YPF (YPFD.BA) said in an interview on Friday.

Argentina exits recession in second quarter

BUENOS AIRES: Argentina exited recession with 0.9 per cent economic growth in the second quarter, national statistics institute INDEC said on Wednesday (Sep 24), a rare bit of good news amid the country's new debt default.

Argentina Says It’s No Venezuela as Price Cap Law Debated

A price fixing law under debate in Argentina’s Congress will be used sparingly to protect consumers and won’t track similar legislation in Venezuela that has led to widespread shortages, the nation’s commerce secretary said.

Argentina export tax revenues fall in year to August

BUENOS AIRES, Sept 1 (Reuters) - Argentina's tax revenues increased roughly in line with inflation in the year to August, but a fall in export taxes underscored the ailing health of Latin America's third-biggest economy, which is in recession and has defaulted on its debt.

Argentina in latest debt default crisis pits 'motherland' against 'vultures'

Happy hour is now in full swing at The Temple Bar, a busy British-style pub in the upscale Palermo Soho district of Buenos Aires.

Brazil's industrial output dropped for 4th month in June

RIO DE JANEIRO, Aug 1 (Reuters) - Brazilian industrial output dropped in June for a fourth straight month as automobile production plunged, in a further sign of the downturn in the country's economy, Latin America's largest.

Argentina Default Would Deepen Recession, Centennial Says

A failure by Argentina to avoid a second default in 13 years will deepen the recession, fuel inflation and prompt a selloff in the peso, according to Claudio Loser, a former International Monetary Fund director.

Argentina will not make holdouts offer on Monday - paper

BUENOS AIRES (Reuters) - Argentina will not make a formal offer to settle its dispute with holdout investors in its sovereign debt at its meeting on Monday with a court-appointed mediator, an Argentine daily wrote on Saturday, citing Economy Ministry sources.

Argentina and Brazil Modify Auto Accord to Revive Falling Trade

Argentina and Brazil agreed to modify a bilateral vehicle trade accord in a bid to kick-start plunging trade between the neighboring countries.