Argentina

France to back legal argument in Argentina case against creditors

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PARIS/BUENOS AIRES - France will petition the U.S. Supreme Court to review Argentina's case in its decade-old legal battle with certain creditors, French Finance Minister Pierre Moscovici said on Friday, citing the importance of global financial stability.

IMF backs off plan to file with top U.S. court in Argentina case

WASHINGTON - The International Monetary Fund no longer plans to ask the U.S. Supreme Court to review Argentina's case in its decade-old legal battle with holdout creditors due to a lack of support from the U.S. government, the IMF said on Tuesday.

IMF, 24 Jul 2013

Analysis: Argentina shows new pragmatism with Chevron deal

BUENOS AIRES - After years of nationalist rhetoric and protectionist policies, Argentina is seeking to lure foreign investment to its Vaca Muerta shale oil and gas field in an bid to jumpstart the country's energy sector and reverse a decline in output.

Toyota opens its inner circle to outsiders for overseas push

NAGOYA, Japan - Mark Hogan, a former General Motors Co executive, says he often chided Toyota Motor Corp for its weakness in fast-growing Brazil and Argentina despite having reached the No. 1 spot in the global industry.

Brazil 23 Jul 2013

U.S. will not file with Supreme Court in Argentina debt case

WASHINGTON - The United States will not file a brief next week asking the U.S. Supreme Court to review Argentina's case in a decades-old battle between the South American country and "holdout" creditors, a Justice Department spokesman said on Friday.

Politics, World, 19 Jul 2013

Chevron, Argentina's YPF sign $1.24 billion Vaca Muerta shale deal

BUENOS AIRES - U.S. oil company Chevron Corp signed an agreement with Argentina's YPF on Tuesday to invest $1.24 billion in the Vaca Muerta shale oil and gas formation, thought to be one of the biggest reserves in the Western Hemisphere.

Argentine approach on YPF settlement sets floor for deal

MADRID/BUENOS AIRES - Argentina's $5 billion informal compensation offer for seizing Repsol's stake in energy firm YPF sets a floor for talks but the cash-strapped country may struggle to come up with a better offer.

28 Jun 2013

Repsol rejects $5 billion offer from Argentina for YPF

MADRID - Spanish oil major Repsol's board of directors unanimously rejected on Wednesday a $5 billion noncash compensation offer from Argentina for its expropriation of energy firm YPF , saying the offer does not reflect Repsol's loss.

Argentina asks U.S. Supreme Court to hear debt appeal

NEW YORK/BUENOS AIRES - Argentina has taken its legal battle with "holdout" creditors to the U.S. Supreme Court, asking that body to overturn a lower court ruling in a case whose outcome could push the country into default.

World, 25 Jun 2013

Book Talk: The dark doubts in the heart of a Mormon missionary

TOKYO - They're a familiar sight around the world, whether in northern Japan or southern Argentina: a pair of men in dark suits, with nameplates, often riding bicycles as they go about their job preaching the Mormon religion.

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Explosion in Syrian city of Homs kills 40: monitoring group

BEIRUT - Forty people were killed and at least 120 people were wounded in an explosion at a weapons cache in the central Syrian city of Homs on Thursday, a group opposed to President Bashar al-Assad said. | Video

Ethiopia and Eritrea: An elusive peace on the cards?

Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.