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Argentina bets on $600 million satellite to boost agriculture sector


BUENOS AIRES Argentina is launching a new microwave imaging satellite to monitor natural disasters and soil moisture, in a long-term bid to bolster the farm sector, an industry that has historically been the backbone of the country's economy.

'Dig up my home but you won't find illicit funds' says Argentina's Fernandez

BUENOS AIRES Argentina's ex-President Cristina Fernandez said on Tuesday that she never received corrupt payments and challenged investigators to scour her home region of Patagonia if they believed she had hidden cash, a day after she was indicted on graft charges.

World, Sep 18 2018

Former Argentina president indicted on corruption charges

BUENOS AIRES Argentina's former president Cristina Fernandez was indicted on Monday on charges that her administration accepted bribes from construction companies in exchange for public works contracts, according to an indictment released by a federal judge.

World, Sep 18 2018

Russia's Putin to plan meeting with Mexico's president-elect: Tass

MEXICO CITY Russian President Vladimir Putin is looking into a possible meeting with Mexican President-Elect Andres Manuel Lopez Obrador late this year in Mexico or Argentina, Russian news agency Tass reported on Tuesday.

World, Russia, Mexico Sep 12 2018

Argentina confident about new deal with IMF, peso rises

BUENOS AIRES/WASHINGTON Argentina's economy minister sounded upbeat on Wednesday about clinching a new deal with the International Monetary Fund after two days of talks in Washington, and said had sought U.S. support for securing approval from the IMF's board.

Sep 05 2018

Crisis-hit Argentina hopes for improved IMF deal this month

WASHINGTON/BUENOS AIRES Argentina's government said on Tuesday it hoped the International Monetary Fund would agree in the second half of September to a deal giving the country more financial support as it seeks to escape a deepening economic crisis. | Video

IMF Sep 05 2018

Argentina IMF deal could mean reversal of Macri's grain tax cuts

BUENOS AIRES As Argentina drafts plans to cut its budget deficit to convince nervous investors it can pay its debts, President Mauricio Macri is under increasing pressure to reverse one of his signature policies, cutting farm export taxes. | Video

World, Sep 03 2018

U.S. stocks drop on fear of escalated trade spat; Argentine peso roiled

NEW YORK The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries' currencies tumbling.

Turkey Aug 30 2018

Macri's bid to calm markets backfires, Argentine peso plummets

BUENOS AIRES/NEW YORK Following seven straight days of declines in Argentina's peso, President Mauricio Macri decided to make a rare address to the nation on Wednesday to reassure markets that the South American country had no trouble paying its debts.

World, Aug 30 2018

IMF studying Argentina request for early help as peso crashes

BUENOS AIRES The International Monetary Fund said it was studying a request from Argentina to speed up disbursement of a $50 billion loan program after a collapse in investor confidence in President Mauricio Macri's government sent the peso tumbling more than 7 percent on Wednesday. | Video

Aug 30 2018

Iran will defeat Trump just like it did Saddam, won't abandon missiles: Rouhani

DUBAI U.S. President Donald Trump will fail in his confrontation with Iran, just like Iraq's Saddam Hussein, Iranian President Hassan Rouhani said on Saturday, referring to the war between the two Middle Eastern powers and vowing that Tehran will not abandon its missiles.