News of new york

Kicillof, bondholders’ old foe, plays default hardball

30-03-2021 11:27 Axel Kicillof relished clashing with foreign investors when serving as economy minister. Today, as governor of Buenos Aires Province, he's again locked in a bruising battle with financiers in New York and London.

BLOOMBERG

Buenos Aires Province weighs next steps after creditor lawsuit

26-03-2021 16:48 Officials say Argentina's largest province is considering what steps to take next to restructure its debt after a group of bondholders sued the province in US courts for more than US$366 million.

DEBT WOES

Buenos Aires Province sued in US for missed debt payments

23-03-2021 18:56 Creditors submit a legal claim against the province of Buenos Aires in the US District Court for the Southern District of New York.

ECONOMY MINISTER

Guzmán flies to United States for talks with IMF, investors

18-03-2021 13:00 Economy Minister Martín Guzmán flies to New York for talks with investors. He is due to meet with IMF staff, including Managing Director Kristalina Georgieva, next week.

US ELECTION 2020

Peaceful protests in New York as tensions rise in Detroit

04-11-2020 22:27 Thousands of Biden supporters march in New York to demand every vote in tight election be counted, as some Trump supporters protest in Detroit, demanding a halt to ballot counting in the key state of Michigan.

US ELECTION 2020

New York progressive Ocasio-Cortez easily wins second House term

04-11-2020 02:10 Alexandria Ocasio-Cortez comfortably secured a second term in Congress on Tuesday with an expected win over her Republican challenger.

US election bombshell

Report: Trump paid just US$750 in US income taxes in 2016, 2017

27-09-2020 19:45 US President Donald Trump paid just US$750 in federal income taxes in 2016 and paid no income tax at all in 10 of the previous 15 years, The New York Times reported Sunday, citing tax return data extending more than 20 years.

September 11

Coronavirus pandemic alters 9/11 remembrance in the US

10-09-2020 17:03 19 years after the September 11 terror attacks, the United States will remember the victims while keeping coronavirus protocols in mind.

Markets

Stocks move higher, pushing S&P 500 closer to record high

11-08-2020 14:13 Stocks are opening higher on Wall Street, pushing the S&P 500 ever closer to the all-time high it reached back in February, before the coronavirus shutdowns slammed the economy.

KILLING OF GEORGE FLOYD

Grassroots US protesters take call for justice to streets

06-06-2020 08:00 Protests have erupted across the United States in the wake of the killing of George Floyd by a Minneapolis police officer. With tensions running high, grassroots campaigners explain why they’ve taken to the streets and what they’re fighting for.

by Jennifer Heiman & Anina Hoffman

Bloomberg

New York lawmakers’ last-minute move may cost Argentina dearly

27-05-2020 15:29 Investors could sue the country for full repayment if debt restructuring discussions turn sour, and that’s when an expensive quirk of New York state law could become a big problem.

Global pandemic

The Argentine priest on the Covid-19 front line in New York

18-05-2020 23:20 Reverend Fabian Arias, from Buenos Aires, is a Lutheran pastor at Saint Peter’s Church in Manhattan. He has has performed funeral services 14 times in the last two months.

Global pandemic

Confirmed cases of coronavirus surpass two million worldwide

13-04-2020 23:52 New York's coronavirus death toll topped 10,000 even as the lack of fresh hot spots in the United States or elsewhere in the world yielded a ray of optimism and fuelled discussions Monday about how some places might begin to reopen.

Long read

A city under siege: 24 hours in the fight to save New York

09-04-2020 19:49 Before the pandemic swept in, the United States' biggest, loudest city often lived up to its own hype. Then the coronavirus all but shut it down, claiming lives from the Bronx to the Battery and beyond.

Wine business

Tariffs, coronavirus fears threaten wine show buzz

04-03-2020 12:51 Threatened by Trump's tariffs and the coronavirus epidemic, winegrowers are facing a high level of uncertainty that raises doubts over the future of the industry.

Debt talks

Argentina hires Morrow Sodali as it asks bondholders to come forward

04-03-2020 12:26 Government recruits leading banks to help restructure debt. On Tuesday, New York-based firm Morrow Sodali was contracted to help identify bondholders.

DEBT NEGOTIATION

Guzmán heads home after meeting bondholders in United States

27-02-2020 07:00 Economy minister flies back to Buenos Aires after meeting with Argentina's creditors and officials from IMF in United States, as debt restructuring talks continue.

ABUSE SCANDAL

Harvey Weinstein trial reaches closing stages with jury set to decide fate

14-02-2020 14:01 The weeks-long trial against US movie mogul Harvey Weinstein nears the end with the prosecution making closing arguments in today's trial.

DEBT TALKS

Fernández: 'A country in debt loses its sovereignty'

27-01-2020 13:20 Argentina needs to define how it will deal with bulging US$335-billion debt pile, says president, as Economy Minister Martin Guzmán heads to the United States.

FIREFIGHTING

Fighting fire with fútbol

04-11-2019 16:18 The volunteer firefighters of La Boca hosted their peers from the New York Fire Department for a weekend of food, wine and, of course, football, as they remembered Sergio Villanueva, their fallen Argentine comrade who lost his life on September 11, 2001.

by Carly Graf

IMF CREDIT-LINE

IMF: We will continue to support Argentina in its 'difficult situation'

24-09-2019 20:31 IMF acting chief David Lipton said he had "a constructive meeting" with President Mauricio Macri, Finance Minister Hernán Lacunza and Central Bank Governor Guido Sandleris in New York on the sidelines of the United Nations General Assembly.

ECONOMIC TEAM IN NYC

Lacunza, Sandleris look to charm investors, IMF in New York

24-09-2019 10:34 With President Mauricio Macri mixing with world leaders at the UN General Assembly, finance minister and Central Bank chief are looking to persuade key stakeholders that Argentina deserves their backing.

UN GENERAL ASSEMBLY

Government confirms Macri will attend UN General Assembly

09-09-2019 14:24 Officials say president will leave for New York on September 21 for meetings with investors ahead of UN event. Macri likely to seek meetings with China's Xi and US President Trump.

Bloomberg

MercadoLibre makes Argentina home to best bond in emerging markets

06-09-2019 08:01 A convertible note from MercadoLibre Inc., the Buenos Aires-based e-commerce company with operations across Latin America, has trounced its peers with a 72 percent return this year. That’s the best performance in all of emerging markets.

PASO FALL-OUT

Argentina assets extend slump as election-fuelled rout deepens

13-08-2019 18:48 One day after the so-called 'Black Monday,' Argentine assets continue to decline. Stocks were the one bright spot, rebounding eight percent.