Argentina is in 'virtual default' says president
Argentina's President Alberto Fernandez said Sunday the South American country is in virtual default and compared the situation with the 2001 crisis -- the worst in its recent history.
Fernandez takes office as Argentina shifts to the left
Argentina's incoming president Alberto Fernandez takes office Tuesday having pledged to put Argentina "back on its feet" but he faces a tough task due to recession, high inflation and rising unemployment and poverty.
Messi is greatest footballer of all-time, Gundogan declares
Lionel Messi is the star player of the current generation and the greatest footballer ever, according to Manchester City and Germany midfielder Ilkay Gundogan. The Barcelona great is a five-time Ballon d’Or winner, like Cristiano Ronaldo, and is widely regarded as one of the best players ever.
Capital market development and need for fiscal incentives
Capital markets, globally, are an integral part of the financial system, providing efficient delivery mechanisms for savings mobilization and allocations, risk and liquidity management and corporate governance.
Moderate Peronist Fernandez closes in on Argentine presidency
Alberto Fernandez has been a discreet backroom operator throughout a long career in Argentine politics, but all that could change after Sunday's elections.
UN launches probe into Venezuela rights abuses
The UN Human Rights Council on Friday voted to send a team of investigators to probe alleged violations, including extrajudicial executions and torture, in crisis-wracked Venezuela.
Gallant D’Tigers fall to Argentina, face Korea for second round ticket
Inexperience and ill-luck came to play yesterday when Nigeria’s senior men’s basketball team faced Argentina in their second game of the on-going FIBA World Cup in China.
Argentine peso on roller coaster after Macri defeat
The Argentine peso took a roller coaster ride Tuesday, opening higher and then falling a day after sustaining a huge loss in the wake of pro-business President Mauricio Macri's crushing defeat in party primaries. The currency plummeted 18.76 percent on Monday, while the Buenos Aires stock market fell 38 percent. On Tuesday, as the market…