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Argentine family given permission to name son Messi

BUENOS AIRES (Reuters) – A couple have named their new-born son Messi after Argentina’s soccer captain, having been granted permission to circumvent a 45-year-old law banning the use of last names as first names. Barcelona striker Lionel Messi may be one of th... More »

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Behemoth Argentine dinosaur Dreadnoughtus made T. rex look puny

WASHINGTON (Reuters) – The word big does not do justice to a massive, long-necked dinosaur that shook the Earth in Argentina about 77 million years ago. Try colossal, enormous, gargantuan and stupendous – and you might come close to an accurate description of ... More »

S&P 500 posts biggest weekly decline since 2012

NEW YORK (Reuters) – U.S. stocks ended lower for a second day and the S&P 500 posted its biggest weekly decline since 2012 on Friday as concerns over Argentina’s default continued to dog sentiment. Data showing U.S. job growth slowed in July and the unemployme... More »

Argentine markets fall post-default, New York hearing on Friday

BUENOS AIRES (Reuters) – Argentina’s bond and stock markets and peso currency dropped on Thursday after Latin America’s No. 3 economy defaulted for the second time in 12 years following the collapse of last-ditch talks with holdout creditors. The default came ... More »

Shares down as Wall Street tumbles- Dollar adds to monthly gain

NEW YORK (Reuters) – Global equity markets tumbled on Thursday, hurt by ongoing tensions with Russia and Argentina’s second default in 12 years, while the U.S. dollar edged higher against a basket of major currencies for its strongest monthly gain in over a ye... More »

Time almost up for Argentina to avoid debt default

BUENOS AIRES (Reuters) – Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with “holdout” investors suing it or win more time from a U.S. court to reach a settlement.... More »

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U.S. judge orders Argentina, creditors to meet until deal reached

NEW YORK (Reuters) – A U.S. judge ordered Argentina and investors who did not participate in the country’s past debt restructurings to meet “continuously” with a court-appointed mediator until a settlement is reached, warning of the threat of a new default. U.... More »

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Argentina gets set for debt talks by calling U.S. judge biased

BUENOS AIRES (Reuters) – Argentina on Friday accused a U.S. judge of being biased in favor of hedge funds that have sued the South American country for full repayment of defaulted bonds, cementing the tough stance it has taken ahead of debt talks set for New Y... More »

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Argentina wants bond payment unfrozen if debt talks to go on

BUENOS AIRES (Reuters) – Argentina will press a U.S. judge to unfreeze a coupon payment to holders of the country’s restructured debt as a condition for negotiating with ‘holdout’ creditors suing for full repayment, a government official said on Wednesday. Lat... More »

Supreme Court rejects Argentina appeal in bond fight

WASHINGTON/BUENOS AIRES (Reuters) – The U.S. Supreme Court declined on Monday to hear Argentina’s appeal over its battle with hedge funds that refused to take part in its debt restructurings, an unexpected move that risks toppling Latin America’s No 3 economy ... More »

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Argentina’s fight with bondholders reaches U.S. top court

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday wades into Argentina’s multi-billion dollar legal fight with bond investors who turned down two debt restructuring offers after the country’s 2002 default. The relatively narrow case that the nine justice... More »

Argentina asks U.S. Supreme Court to hear bonds case

WASHINGTON/BUENOS AIRES (Reuters) – Argentina filed an appeal to the U.S. Supreme Court on Tuesday seeking to reverse lower court decisions ordering the country to pay $1.33 billion to hedge fund creditors in a case Argentine officials warn could force it to d... More »

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Argentina-Brazil patch up on trade, look to Europe deal

BUENOS AIRES (Reuters) – Argentina’s recent Cabinet shuffle has smoothed trade friction between South America’s two largest economies and clears the way for a united proposal for free trade with the European Union, Brazilian Trade Minister Fernando Pimentel sa... More »

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Argentina’s Supreme Court upholds controversial media law

BUENOS AIRES (Reuters) – Argentina’s Supreme Court on Tuesday upheld a controversial media law that government proponents applauded as an effort to reduce market concentration but opponents viewed as state meddling aimed at quieting dissent. The ruling, which ... More »