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30 Billion Dollar Loan - News Articles
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Oct 21, 2008
Bloomberg -
By James Attwood Oct. 21 (Bloomberg) -- Argentina's main stock index fell to the lowest level in four years on speculation the government will nationalize ... -
Oct 21, 2008
eTaiwan News, Taiwan -
By ALAN CLENDENNING AP Latin American stocks slumped Tuesday on renewed concerns of a global slowdown, and investors sent Argentine equities plunging after the president announced a plan to nationalize pensions. The Merval index in Buenos Aires tanked by 9.8 percent to ... -
Oct 21, 2008
MarketWatch -
By Carla Mozee LOS ANGELES (MarketWatch) -- Argentina, in a widely expected move, has decided to end its private pension fund system, according to media reports late Tuesday. The plan from President Cristina Fernandez de Kirchner still needs Congressional approval, and would shift about ... -
Oct 21, 2008
Reuters -
By Helen Popper BUENOS AIRES, Oct 21 (Reuters) - Argentina's center-left President Cristina Fernandez on Tuesday signed a bill for a government takeover of the $30 billion private pension system in a..."; ... -
Oct 21, 2008
The Associated Press -
BUENOS AIRES, Argentina (AP) — President Cristina Fernandez proposed a government takeover of nearly US$30 billion in private pension funds on Tuesday, saying retirees must be protected from the global financial crisis. But her move spooked investors and triggered steep ... -
Oct 21, 2008
Telegraph.co.uk, United Kingdom -
Argentine President Cristina Fernandez de Kirchner has proposed legislation to nationalise $30bn (£18bn) in private pension funds in response to the global financial crisis. ... -
Oct 21, 2008
eTaiwan News, Taiwan -
AP Argentine President Cristina Fernandez has signed a bill to nationalize nearly US$30 billion in private pension funds in response to the financial crisis . Fernandez says that while the U.S. and European Union are stepping in to rescue their banks, Argentina must protect ... -
Oct 21, 2008
Bloomberg -
By Bill Faries and Eliana Raszewski Oct. 21 (Bloomberg) -- Argentine President Cristina Fernandez de Kirchner proposed legislation calling for the nationalization of the country's private pension system. ... -
Tuesday, October 21, 2008
eTaiwan News, Taiwan -
By ALAN CLENDENNING AP Latin American stocks slumped again Tuesday on renewed concerns of a global slowdown, led by a stunning drop of 11 percent for Argentina's benchmark index on news that the government will nationalize pensions with US$30 billion invested in private funds. The ... -
Wednesday, October 22, 2008
Houston Chronicle, United States -
BUENOS AIRES – Argentina’s president has sent a bill to Congress to nationalize the nation’s pension system. Cristina Fernandez de Kirchner, grappling with a financial crisis that has frozen access to credit, is proposing an overhaul of the pension system to give ...
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Wednesday, October 22, 2008
Forbes, NY -
BUENOS AIRES, Oct 21 (Reuters) - Anglo-Australian miner Rio Tinto, one of the world's largest diversified miners, plans to start construction on a $3.5 billion potash mine in Argentina in the first half next year, a government source told Reuters. ... -
Wednesday, October 22, 2008
Toronto Star, Canada -
BUENOS AIRES–Argentina's centre-left President Cristina Fernandez yesterday signed a bill for a government takeover of the $30 billion (US) private pension ... -
Wednesday, October 22, 2008
The Age, Australia -
ARGENTINE President Cristina Fernandez de Kirchner has proposed legislation calling for the country's private pension system to be nationalised. The plan to take control of more than 10 funds, which hold about $US29.3 billion ($A42.3 billion) ... -
Wednesday, October 22, 2008
Bloomberg -
By James Attwood Oct. 22 (Bloomberg) -- Argentina's main stock index tumbled, poised for its biggest three-day loss in a decade, on concern the government's ... -
Wednesday, October 22, 2008
Reuters -
BUENOS AIRES, Oct 22 (Reuters) - Argentina's President Cristina Fernandez sent a bill to Congress on Tuesday to nationalize the 14-year-old, $30 billion private pension system. Here are key elements of the bill. PRIVATE FUNDS MOVED ... -
Wednesday, October 22, 2008
International Herald Tribune, France -
AP BUENOS AIRES: The largest stock index in Argentina plunged nearly 13 percent in early trading Wednesday after the president announced plans to nationalize private pension funds. The Merval index dropped 12.9 percent to 911.9 points shortly after its opening, ... -
Wednesday, October 22, 2008
Bloomberg -
By James Attwood and Drew Benson Oct. 22 (Bloomberg) -- Argentina's bonds and stocks plunged for a second day as a planned government takeover of $29 ... -
Wednesday, October 22, 2008
MarketWatch -
By Carla Mozee LOS ANGELES (MarketWatch) -- Argentine stocks tumbled Wednesday, following a launch late Tuesday by the goverment to take over local, private pension funds. The Merval index fell 15% to 893.52 and is moving toward its worst close in five ... -
Wednesday, October 22, 2008
Reuters -
By Helen Popper - Analysis BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez's bill to nationalize the pensions system may get a bumpy ride in ... -
Wednesday, October 22, 2008
Reuters -
BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez on Tuesday sent a bill to Congress to nationalize the country's private pension system. ...
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