Argentina

Argentina News

• Argentine Stocks: Soc. Comercial del Plata and YPF Are Active

  Updated 15 minutes ago

  The following companies are having unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of 12:42 p.m. in Buenos Aires.

• Stocks Rise in Europe as Benchmark Stoxx 600 Index Heads for Weekly Gain

  Updated 52 minutes ago

  European stocks advanced, heading for a weekly gain, as policy makers declared a turning point in the sovereign-debt crisis and shifted their focus to pulling the region out of a recession.

• Chinchilla Says Costa Rica Tax Plan Imperiled, Urges Drug Debate

  Costa Rican President Laura Chinchilla said her administration may not succeed in winning legislative approval of a tax system overhaul aimed at paring a deficit that has grown to more than 5 percent of gross domestic product.

• Love’s Hole-in-One Helps Grab Honda Classic Lead as Woods Seeks U.S. Win

  Davis Love III’s hole-in-one highlighted a course record-tying 6-under-par 64, giving him a two-shot lead entering today’s second round of the U.S. PGA Tour’s Honda Classic. Tiger Woods is seven shots back.

• Jamaica PM Seeks Greek-Style Bailout

  Updated 1 hour, 23 minutes ago

  Jamaican Prime Minister Portia Simpson Miller said the Caribbean island would benefit from a Greek-style bailout as it negotiates a new loan agreement with the International Monetary Fund.

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  Costa Rica’s Chinchilla Calls for Drug Legalization Debate

  Drug legalization in Central America merits a “serious” debate as a solution to the crime and violence coursing through the region even if it runs up against U.S. opposition, said Costa Rican President Laura Chinchilla.

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  Euro Defaults Loom as National Ponzi Schemes ‘Run Out of Suckers’: Books

  Countries don’t go bankrupt, said Walter Wriston, the legendary boss of what is now Citigroup Inc. After all, he reasoned, they “own” more than they “owe.”

• YPF Rises as Nationalization Fears Recede: Buenos Aires Mover

  YPF SA, Argentina’s largest energy company, rose the most in a decade after President Cristina Fernandez de Kirchner didn’t address a potential nationalization of the company as speculated in local media reports.

• Argentine Stocks: Tenaris SA and YPF SA Were Active

  The following companies had unusual price changes in Argentine trading. Stock symbols are in parentheses and share prices are as of the close in Buenos Aires.

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  Fernandez Avoids YPF Takeover Announcement in Argentine Congress Speech

  Argentine President Cristina Fernandez de Kirchner defused speculation she would announce a takeover of the country’s biggest energy company today during an annual speech to Congress. Shares of YPF SA soared.

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