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by Alina DIESTE / with Alexandre PEYRILLE in Buenos Aires Agence France Presse NEW YORK, United States (AFP) — The International Monetary Fund has agreed to increase its crisis loan package aimed at restoring confidence in Argentina’s struggling economy by $7.1 billion to $57.1 billion, the South American country’s Finance Minister Nicolas Dujovne said on Wednesday. The agreement “will allow our country to leave behind the turbulent path of recent months,” said Dujovne during a […]
by Nina NEGRON Agence France Presse BUENOS AIRES, Argentina (AFP) — Argentina was paralyzed by a general strike on Tuesday while the central bank chief resigned amid talks with the International Monetary Fund on a revised crisis loan package. As president Mauricio Macri negotiated accelerated funding from a $50 billion loan agreed with the IMF in June, the country’s beleaguered currency was hit by the news that Luis Caputo had been replaced by Guido Sandleris […]
by Liliana Samuel Agence France-Presse BUENOS AIRES, Argentina (AFP) — Police accompanied by sniffer dogs searched the homes of Argentina’s former president Cristina Kirchner on Thursday as the investigation intensified into the so-called “notebooks” corruption scandal that has rocked the country. The move came one day after judge Claudio Bonadio, who is leading the investigation into the multi-million-dollar bribery case, successfully petitioned the Senate to partially lift Kirchner’s congressional immunity to accommodate the searches. Police […]
BUENOS AIRES, Argentina (AFP) — Just two weeks after a punishing knockout loss to Filipino great Manny Pacquiao, Argentine former WBA welterweight champion Lucas Matthysse announced his retirement on Thursday. “Today I decided to hang up the gloves, another stage in my life is beginning,” said the 35-year-old Matthysse, who ends his 43-fight career with a record of 38 wins, 36 inside the distance, for just five defeats and one no contest. Matthysse’s last […]
by Daniel Hicks Agence France Presse KUALA LUMPUR, Malaysia (AFP) — Filipino legend Manny Pacquiao challenges Lucas “The Machine” Matthysse for the World Boxing Association welterweight belt on Sunday knowing defeat could lower the curtain on one of the greatest careers in boxing history. Pacquiao, 39, faced calls to retire from friends, family and even his Hall of Fame trainer Freddie Roach when he lost the WBO belt to journeyman Australian Jeff Horn a year […]
by Daniel Hicks Agence France-Presse KUALA LUMPUR, Malaysia (AFP) — If Manny Pacquiao wants to know all about comebacks, he need look no further than his conditioning coach Justin Fortune. The former heavyweight, who in 1995 went up against the great Lennox Lewis, found himself in an altogether different fight when a dental check-up four years ago discovered he had throat cancer. “What do you do? You either roll over and die or […]
BUENOS AIRES, Argentina (AFP)–The Buenos Aires Stock Exchange plunged 8.8 percent Wednesday, it’s worst closing performance for years, amid nervousness over emerging markets coupled with tensions over an IMF loan. The benchmark Merval index fell to 25,965 points after four days of consecutive losses. “It’s evident that there is less appetite for emerging markets in a more challenging global financial climate. But in Argentina’s case, you have to add the harsh economic realities of the […]
by Thomas Allnutt © Agence France-Presse SAINT PETERSBURG, Russia (AFP) — Argentina rescued their World Cup hopes in dramatic fashion on Tuesday as defender Marcos Rojo scored a stunning volley to snatch a late 2-1 win over Nigeria and set up a last-16 match against France. Lionel Messi set the two-time winners on their way with his first goal in Russia but Victor Moses equalised from the penalty spot and as time ticked away the […]
SAINT PETERSBURG, Russia (AFP) — Paramedics tended to Argentina legend Diego Maradona after he fell ill after cheering on his country as they scored late against Nigeria to stay in the World Cup on Tuesday, according to reports. Maradona, 57, had been visibly emotional during the match in Saint Petersburg that Argentina had to win to stay in the tournament. When Marcos Rojo scored the winning goal in the 86th minute, Maradona leaned over the […]
By Kierran Cunning Agence France Presse Marcus Rojo’s stunning finish four minutes from time kept Lionel Messi and Argentina’s World Cup hopes alive to see off Nigeria 2-1 on Tuesday and set up a last 16 meeting with France. Messi’s first goal of the tournament got the two-time winners off to a perfect start in Saint Petersburg, but Victor Moses’s 51st minute penalty had Jorge Sampaoli’s men headed for a humiliating group stage exit […]
by Nina Negron Agence France-Presse BUENOS AIRES, Argentina – Argentina ground to a halt Monday as public service unions blocked road, rail and air transport with a nationwide 24-hour strike in protest at the government’s latest deal with the International Monetary Fund. In a massive show of force against the center-right government of President Mauricio Macri, organizers said at least one million workers were taking part in the industrial action which halted trains, subways, buses […]
BUENOS AIRES, Argentina (AFP) — The party at the Buenos Aires fanzone fell flat as a crowd expecting a Messi-inspired Argentina World Cup revival could only watch in horror at as the nadir of Nizhny Novgorod unfolded. “We lost very badly, they really humiliated us this time,” said 22-year-old Joaquin. “And now, on top of that, we’re depending on Nigeria!” After the abject 3-0 loss to Croatia, the team will have to beat Nigeria in their […]
