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... 

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... 

A shoal of piranhas has attacked bathers in the Argentinian province of Rosario, injuring 70 people and resulting in amputations. Officials have suggested the freak incident was caused by the unusually high temperatures at the time of the attack. The attack occurred on the beaches of Rambla Catalunya on the river Parana, where around 9,000 people had gathered on Christmas Day to escape the heat wave... 

Argentine Defense Minister Agustin Rossi Argentinean Defense Minister Agustin Rossi has called for a joint plan among South American countries to cope with the US spying activities. Rossi made the remarks during a meeting with his Brazilian counterpart Celso Amorim in Brasilia on Thursday. “I believe that UNASUR (the Union of South American Nations) must have a joint defense strategy,” the... 

Monsanto has denied that health problems in Argentina are caused by its pesticides, insisting that its products are safe. It rejects an AP report that it is to blame for an increase in cancer rates and birth defects. Reacting to an AP report investigating the effects of Monsanto products in Argentina, Monsanto called for more government control and attacked the credibility of the research. “If... 

Brazil and Argentina have agreed to improve their cyber defense capabilities amid revelations that the US is spying on the Latin American countries, Press TV reports. The decision was made following Brazilian Defense Minister Celso Amorim’s recent meeting with his Argentinean counterpart Agustin Rossi in Buenos Aires. “We need to reflect on how we cooperate to face these new forms of attack,”... 

The European Union has imposed anti-dumping duties on biodiesel imports from Argentina in a move dubbed by Buenos Aires as “aggressive protectionism,” Press TV reports. The decision by Brussels to levy 10.6-percent tariff on biodiesel took effect on Friday and will be in force for six months. Argentina’s Foreign Ministry slammed EU’s decision, saying, “The measure is due to the inability... 

An Argentinian ghost town is re-emerging as a tourist destination after spending 25 years underwater. Epecuen’s revival as a visitor attraction is fitting – the scenic lakeside town was built as a tourist village in the 1920s. Epecuen was once a bustling lakeside resort in the farmlands southwest of Buenos Aires. Filled with saltwater baths and spas, the area attracted around 20,000 tourists...