News of province

Coronavirus pandemic

Automobile industry restarts production with limited shifts

27-05-2020 16:26 Sector returns to work after receiving authorisation from the government to restart production with limited shift patterns.

Coronavirus Pandemic

Villa in Buenos Aires Province sealed off amid surge in Covid-19 cases

26-05-2020 14:54 Authorities shut off Villa Azul, a low-income neighbourhood in Buenos Aires Province, after 92 new cases of Covid-19 are confirmed. Residents may not leave without permission.

Coronavirus pandemic

City government details new restrictions on commerce, transport

26-05-2020 09:40 City government announces new restrictions on commercial activity and shopping, new controls on circulation of people in and out of the capital and closing of 11 train stations.

Coronavirus pandemic

Officials confirm details of new permit to circulate during lockdown

25-05-2020 09:55 Officials have confirmed details of how citizens and residents can re-apply for permission to circulate via the Certificado Único Habilitante de Circulación (CUHC).

NEW MEASURES

Quarantine extension: new permits, more checkpoints, less public transport

24-05-2020 09:20 Authorities are concerned by the spread of the virus amid an increase in circulation of people on the streets and on public transport.

PANDEMIC POLITICS

Buenos Aires versus Buenos Aires

23-05-2020 09:21 Horacio Rodríguez Larreta is under pressure because he needs to control the epidemic in the metropolis. Otherwise his reputation could be tarnished – possibly even ruined.

by Martín Gambarotta

Coronavirus pandemic

Fernández, Rodríguez Larreta, Kicillof agree 'no margin' to loosen quarantine

21-05-2020 02:10 President, provincial governor and city mayor agree there is "no margin" to further liberalise quarantine measures in Greater Buenos Aires, given current state of affairs.

Coronavirus pandemic

Lammens suggests moving football to province without coronavirus

18-05-2020 08:34 It "would not be crazy" to move games to a province with little to no circulation of the virus, should football restart, says Tourism and Sports minister.

BLOOMBERG

Buenos Aires Province cut to selective default by S&P global

15-05-2020 23:22 Argentina’s largest and most populous province is considered to be in selective default because negotiations with creditors are ongoing, making the proposal a “distressed exchange,” according to an S&P statement.

DEBT RESTRUCTURING

Buenos Aires Province misses debt payment, extends deadline for offer

12-05-2020 17:20 Provincial government extends deadline to creditors to consider US$7-billion restructuring offer, following a similar move the national government.

ARGENTINA CORONAVIRUS PANDEMIC

President extends general quarantine by two weeks as death toll nears 300

09-05-2020 09:37 Flanked by Kicillof and Rodríguez Larreta, Alberto Fernández lashes out at opposition ‘lies’ over lockdown.

by James Grainger

Coronavirus pandemic

Buenos Aires City and Province account for 70% of Covid-19 deaths in Argentina

05-05-2020 12:43 Buenos Aires Province, the country's most populous region, has recorded 99 deaths at the time of writing, with 82 registered in the nation's capital.

ANSES

President Fernández fires ANSES chief Alejandro Vanoli

30-04-2020 15:19 Buenos Aires Province Community Development Minister Fernanda Raverta, a La Cámpora militant and former Unidad Ciudadana national deputy

BLOOMBERG

Officials begin 'virtual' roadshow as part of debt restructuring efforts

27-04-2020 08:17 Officials from national and Buenos Aires Province governments to call on about 20 institutions and funds to present their offer to restructure more than US$79 billion in debt.

BLOOMBERG

Analysts: Buenos Aires Province bondholder offer headed for rejection

24-04-2020 17:08 Proposal by Argentina’s largest province to restructure US$7 billion of international debt draws immediate criticism from analysts.

Coronavirus pandemic

52% of Covid-19 infections recorded in Buenos Aires City and Province

22-04-2020 17:55 Region had registered to 103 of 142 deaths, or 72.5% of fatalities, as of Monday. Data indicates just how much Greater Buenos Aires has been affected by the pandemic.

Ex-president's return

Cristina Fernández de Kirchner keeps a low profile amid virus pandemic

10-04-2020 18:21 Vice-president will still not return to frontline of politics, despite her 14-day quarantine period coming to an end. However, this week, she did meet with President Alberto Fernández and is regularly in contact with Buenos Aires Province Governor Kicillof and regional mayors about the pandemic.

Coronavirus pandemic

Grandfather of man who ignored quarantine rules dies from coronavirus

01-04-2020 16:52 Shocking case in Moreno as 71-year-old grandfather passes away. Late victim is believed to have been infected by his own grandson – who ignored mandatory quarantine rules after returning from the United States to attend a party.

Coronavirus pandemic

Virus death toll rises to six with fatalities in Mar del Plata, Chaco

24-03-2020 15:19 71-year-old, who returned to country from Spain on March 9, dies in Mar del Plata; Chaco records second death from Covid-19 after 53-year-old passes away in Resistencia.

Coronavirus consequences

Deliveries and 'quarantine combos': BA's restaurants adapt to coronavirus

18-03-2020 18:12 City's restaurants and bars, hit hard by lost business amid the coronavirus pandemic, are being forced to adapt to a new reality.

by Paulina Maldonado

Coronavirus quarantine

Chaco Governor Capitanich orders total quarantine of province

18-03-2020 15:41 Jorge Capitanich takes "drastic" measures to shut off region until March 31, closing nine border crossings; Mayor of El Calafate orders mandatory quarantine and shuts off city after tourist tests positive for Covid-19.

Coronavirus pandemic

Argentina records second death from coronavirus outbreak

13-03-2020 15:28 61-year-old man in Resistencia, Chaco Province, who suffered from respiratory difficulties dies from Covid-19 – Argentina's second death from the coronavirus outbreak.

Bloomberg

Once deemed safe, Argentina’s oil bonds imperiled by price crash

12-03-2020 14:07 Oil-backed bonds in Argentina's Chubut province, once considered among the nation's safest assets, are being affected by the collapse of oil prices, impending sovereign debt talks and the province's own call for restructuring.

Debt talks

Buenos Aires Province hires Bank of Amercia, Citigroup for debt restructuring

09-03-2020 16:20 Citigroup and Bank of America have been contracted by the Buenos Aires provincial government to renegotiate debt issued under foreign legislation.

Rosario Homicides

Two new murders in Rosario bring year's homicide tally to 52

06-03-2020 12:06 A 51-year-old man and a 20-year-old man were shot dead in separate incidents on public roads in Rosario on Thursday, bringing the city's homicide count since turn of the year to 52.

POLITICS & CONGRESS

Fernández set to outline agenda in speech to Congress

28-02-2020 07:00 Abortion, agriculture, pensions and debt restructuring expected to be included in Peronist leader’s address to lawmakers this Sunday.

Bloomberg

Amid Argentina’s bond carnage, a few standouts lure investors

26-02-2020 12:35 As Argentina descends into a hellscape for creditors, with bond prices taking a fresh leg down as each new development saps spirits, there are a few securities bucking the trend.

DINO DISCOVERY

Dino discovery: Researchers find distant relative of T-Rex in Patagonia

13-02-2020 18:09 The remains of a 90-million-year-old carnivorous dinosaur distantly related to Tyrannosaurus rex has been discovered in Patagonia by a team of paleontologists.

PROVINCE'S DEBT TALKS

Chubut to hire JPMorgan, Citigroup for debt restructuring talks

12-02-2020 13:37 The Argentine province, Chubut, plans to recruit JPMorgan & Chase along with Citigroup as financial advisors for a possible debt transaction, backed up by Governor Mariano Arcioni and the Minister of Economy.

BLOOMBERG

Buenos Aires Province surrender sends Argentine bonds on a wild rally

10-02-2020 14:28 Province’s capitulation spurs betting on sovereign bonds, they have returned 8.7 percent since January 27. However, Argentina is still in dire need of the IMF’s approval to restructure the debt.

PROVINCE DEBT

2nd deadline extension for Buenos Aires province bondholders

31-01-2020 16:12 Province, led by Governor Axel Kiciloff, extends deadline for creditors to accept the proposal until February 3 – the second extension this month.

Aníbal returns

Aníbal Fernández appointed trustee of Río Turbio coal-mine

30-01-2020 14:39 Ex-Cabinet chief and government minister returns to government, as President Alberto Fernández signs decree appointing him to position underneath Production Minister Matías Kulfas.

Bloomberg

Malbec-soused bonds offer haven for hard-hit investors

29-01-2020 14:55 Amid the junk-rated moonscape that is most of Argentina’s debt, Mendoza’s bonds due in 2024 have returned 6.2 percent since January 1, trouncing all other government and corporate notes.

Deadline approaches

Buenos Aires Province sweetens deal for 2021 creditors

27-01-2020 17:27 In exchange for pushing back the deadline on a US$250-million principal payment, investors would get paid interest on those funds, according to the offer revealed Monday.

BUENOS AIRES PROVINCE

'We are not in a position to pay,' Kicillof warns bondholders

24-01-2020 10:28 BA Province governor warns creditors that February 5 is the 'last chance' for them to accept delay in payment before default.

DEBT TALKS

Buenos Aires Province extends deadline to accept payment delay

22-01-2020 15:43 Kicillof's government extends expiring deadline for bondholders to weigh up its request to delay key bond payment.

CRIME & SECURITY

Homicide rate in Rosario, Santa Fe 'two or three times' national average

20-01-2020 16:24 Two largest cities in Santa Fe Province account for 17.6 and 13.1 murders per 100,000 people, respectively.

NARCO-VIOLENCE

Killings in Santa Fe Province prompt emergency summit at Casa Rosada

16-01-2020 18:10 Following 17 murders in just 15 days, mostly in the region's largest city Rosario, officials descend on the Casa Rosada for an emergency huddle to tackle the crisis.

Bloomberg

Kicillof shows restraint as he takes on creditors once again

16-01-2020 15:45 Governor delivers tough message to bondholders, as Buenos Aires Province asks creditors to accept delay onUS$250-million principal payment due January 26.

Bloomberg

Buenos Aires Province asks to delay debt payment

14-01-2020 08:06 Axel Kicillof's provincial government asks bondholders of its 2021 notes to delay a principal payment due later this month, as national government's talks with creditors gear up.

BLOOMBERG

Buenos Aires Province debt talks slam one of world’s best bonds

09-01-2020 21:54 Buenos Aires Province’s plan to seek talks with creditors ahead of a debt payment due this month has torpedoed one of the world’s best bond rallies.

Buenos Aires Province

Kicillof accuses opposition of ‘robbing revenue' after tax reform changes

09-01-2020 15:28 Buenos Aires Province governor makes remarks after provincial legislature gives final approval to his tax reform package – but only after opposition senators amended original bill.

DRUG-TRAFFICKING

Ex-Paraná mayor handed six years in jail for drug-trafficking

31-12-2019 11:43 UCR politician Sergio Varisco, allied with opposition Cambiemos coalition, found guilty of drug-trafficking crimes. He denies the allegations and will remain under house arrest until sentence is confirmed.

ENVIRONMENT

Mendoza's governor asks legislature to repeal changes to Law 7722

29-12-2019 23:56 Mendoza Governor Rodolfo Suárez asks provincial Legislature to repeal modifications to Law 7722 when they meet on Monday. The reform had been approved just a week ago, prompting massive protests called by environmentalist groups.

PUBLIC TRANSPORT

Six-month freeze for public transport fares in Greater Buenos Aires

27-12-2019 15:03 Government announces freeze of public transport fares in and around the capital for six months, as it undertakes a comprehensive review of increases.

ENVIRONMENTAL FEARS

Mendoza government puts brakes on controversial mining law

26-12-2019 18:47 Mendoza Province Governor Rodolfo Suárez says he will hold a "broad debate" with all sectors of society on issue. UCR leader refuses to rule out popular vote on modifications to Law 7722.

Jorge Difonso interview

'With this decision, Mendoza has regressed 12 years,' says co-author of Law 7722

24-12-2019 09:51 Lawyer and Cambia Mendoza provincial deputy Jorge Difonso on why protesters in Mendoza are taking to the streets in rejection of alterations made to legislation which restricted the use of dangerous chemicals in mining operations.

by Isabelle Margulies

BLOOMBERG

Kicillof says Buenos Aires Province can't afford to pay debts

11-12-2019 17:14 “As Alberto said, if we don’t grow, we can’t pay,” says new governor. “We’ll get in touch with bondholders immediately and establish a dialogue to find a solution to this problem.”

Buenos Aires Province

New Buenos Aires Province Governor Kicillof warns of 'emergency'

11-12-2019 14:47 In his first speech to lawmakers as chief of nation's most-populous province, former economy minister denounces failures of Mauricio Macri administration and says region faces an urgent emergency.

BLOOMBERG

Blow for Fernández as crop windfall slips away

09-12-2019 13:42 President-elect needs all the help he can get to pull the country out of recession and make good on bond payments. But he faces a speed bump from the crop industry.