Argentina will receive the first tranche of yuan worth up to $1 billion in a massive currency swap with China before the end of this year. The deal will boost the troubled economy’s foreign reserves. It comes as part of a loan worth $11 billion signed in July by Argentina’s President Cristina Fernandez de Kirchner and Chinese counterpart Xi Jinping during his Latin America tour shortly before... 

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. George Soros has doubled his stake in YPF SA, the state-owned oil company in Argentina, which... 

A new species of titanosaur unearthed in Argentina. The new fossil remains excavated in southern Argentina have represented the most complete giant sauropod dinosaur ever discovered. The skeletal analysis of the found bones demonstrated size of the beast measured 26m from head to tail and weighed in at almost 60 tones, as heavy as 14 African elephants. The palaeontologists also unravel that the skeleton... 

The government of Argentina is ready to use an anti-terrorism law to seek criminal charges against a US-based international printing company, which unexpectedly closed its plant on the outskirts of Buenos Aires. Workers of RR Donnelley in the Argentinian capital came to work on Monday to be informed of the plant’s closure due to an “insurmountable crisis,” according to AP. The company’s... 

Argentina’s Economy Minister Axel Kicillof says his country is not in default amid an ongoing debt row with US hedge funds. Ratings agency Fitch declared Argentina in “restrictive default” on Thursday after Buenos Aires failed to clinch a deal with representatives from the funds. Kicillof, however, said his country has not defaulted and that the Argentinean government is open to agreements between... 

Argentina’s credit rating was downgraded to “selective default” by Standard & Poor’s as the South American country missed Wednesday’s deadline for a grace period during ongoing negotiations with holdout debt holders. Wednesday is the cutoff for Argentina to make good on a $539 million payment to bondholders, which was placed on hold by US judge Thomas P. Griesa’s order tying that payment... 

Germany has claimed a fourth World Cup crown in a 1-0 win against Argentina after extra time in the final in Rio de Janeiro. Substitute Mario Goetze was the hero, as he scored the only goal with seven minutes to go. With that triumph Germany has become the first European nation to win the trophy outside of their home continent, which led to jubilant scenes both on the pitch and back home, with millions... 

A man and a woman struggle to cross a flooded road in the state of Rio Grande do Sul, Brazil, June 29, 2014. An emergency agency in Brazil says severe flooding caused by torrential rain in the southern parts of the country has forced more than 50,000 people out of their homes. The emergency agency for Santa Catarina State said 40,000 people had been evacuated, while in neighboring state, Rio Grande... 

Scientists in Argentina say they have found the remains of what could be the largest dinosaur ever to have walked the planet. By analyzing the fossils, they say it could have been 40 meters in length and weighed 77 tons – as much as 14 elephants. The discovery was made by a local farm worker in Patagonia. The fossils were then excavated by a team of paleontologists from the Museum of Paleontology... 

Unionists have held a massive demonstration in Argentina’s capital, Buenos Aires, demanding that the government address economic and social problems, Press TV reports. According to estimates by security forces, around 50,000 people participated in marches leading to Argentina’s Presidential Palace on Wednesday. The demonstrators condemned the growing inequalities fuelled by the economic crisis... 

Argentina is bracing for a major strike over high inflation and crime levels in the Latin American country. Three of the country’s five major unions are expected to take part in Thursday’s labor action in protest against the government’s attempt to cap salary increases. The 24-hour walkout is expected to severely disrupt the country’s public transportation. The government is struggling... 

Argentinean people have staged a protest rally in the capital, Buenos Aires, to condemn the United States’ interference in Venezuela’s domestic affairs. The demonstrators gathered outside the US Embassy in the Argentinean capital, criticizing Washington for plotting a coup d’état against the Venezuelan government. The protesters also demanded an end to US meddling in the Latin American country’s... 

Thousands of teachers and government workers have taken to the streets of Argentina’s capital, Buenos Aires, calling for a pay rise. Members of the Argentine Workers Federation, the South American country’s largest trade union, marched on Wednesday outside the Casa Rosada Government House at Plaza de Mayo square in central Buenos Aires. The protesters urged the government to double the... 

The escalation of the economic crisis in Argentina has forced the government to take drastic actions that had been rejected in the past, due to the impact they could have on the people. This time the Central Bank raised the interest rates by 3%. While the Argentine economy faces a complicated and serious agenda to solve, The problem is intensified by destabilizing moves of foreign firms, such as the... 

Residents of Buenos Aires struggling with a lingering heat wave At least seven people have been reported dead in Argentina as the result of major heat wave affecting the South American country over the past week. Argentine authorities announced on Tuesday that heat problems have been further compounded by power cuts, preventing many people from using air conditioning to cool off. Most of the reported...