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Argentina government

Ex-Argentine leader tells court son was killed by Hezbollah

BUENOS AIRES, Argentina (AP) — Former Argentine President Carlos Menem said Friday he believes his son was killed by the Lebanon-based militant group Hezbollah, which prosecutors also suspect was behind two 1990s bombings in Buenos Aires. In testimony to a judge overseeing the investigation of his son’s death 21 years …

Feeding the vultures | The Economist

The government has struck one deal with holdout creditors. Others will be harder IT MAY have taken 14 years, but the holders of $900m of bonds on which Argentina defaulted in 2001 should soon be repaid. On February 2nd Alfonso Prat-Gay, Argentina’s new finance minister, announced a deal with Italian …

Argentine government says fighting inflation its next goal

BUENOS AIRES, Argentina (AP) — After lifting currency restrictions and free-floating the peso in December, the focus of Argentina’s government will now be on fighting inflation, Finance Minister Alfonso Prat-Gay said Thursday. “To control price expectations is the government’s biggest worry,” Prat-Gay said, adding that it will not be easy …

South American left in retreat as economic crisis deepens

BOGOTA, Colombia (AP) — After a decade on the advance, the left in South America is in retreat. Just in the past month, voters in Argentina elected a conservative businessman president over the chosen successor of Cristina Fernandez and Brazil’s congress launched an impeachment probe against President Dilma Rousseff, whose …

New Argentine president promises major changes and honesty

BUENOS AIRES, Argentina (AP) — Mauricio Macri was sworn in as Argentina’s president Thursday, inheriting myriad economic problems from the often-divisive outgoing leader Cristina Fernandez, who skipped the inauguration in a final sign of confrontation that underscored deep polarization in the South American nation. Macri, the former mayor of Buenos …

Argentine president to skip swearing in of successor

BUENOS AIRES, Argentina (AP) — A top Cabinet member is saying that outgoing President Cristina Fernandez won’t attend the swearing in ceremony of her successor. The decision follows weeks of fighting between Fernandez and President-elect Mauricio Macri. Macri wants to receive the presidential baton and sash from Fernandez in the …

Argentines weigh continuity or overhaul in election

BUENOS AIRES, Argentina (AP) — Argentines will be weighing continuity versus a financial overhaul Sunday as they pick the successor to President Cristina Fernandez, a polarizing leader who dominated national politics for 12 years. Inflation is around 30 percent, the economy is stagnant and a bitter court fight with a …