Argentina

BUENOS AIRES, Argentina (AP) — All-night talks at the Group of 20 summit have resulted in a possible “breakthrough” on fixing the global trading system, European diplomats said Saturday as the gathering entered its crucial second and final day in the Argentine capital.

Despite deep divisions going into the summit and resistance from the United States, European Union officials said countries also are making progress on a final statement that will acknowledge problems with the World Trade Organization but commit to reforming it.

30 Nov 2018; AFP: G20 powers open two days of summit talks in crisis-hit Argentina on Friday after a stormy buildup dominated by US President Donald Trump's consensus-bucking crusade to realign world trade.

Shortly before the summit kicks off, Trump's "America First" charge will bear fruit with the signing in Buenos Aires of a successor to the North American free trade pact NAFTA.

BUENOS AIRES, Nov. 17 (Xinhua) -- Argentina's ARA San Juan submarine, which went missing a year ago, has been located, an official said.

The ARA San Juan submarine sank on Nov. 15, 2017, with 44 crew on board, following an unidentified explosion in the vicinity of the ship.

BUENOS AIRES, Aug. 7 (Xinhua) -- Argentina's former Vice President Amado Boudou was sentenced on Tuesday to five years and 10 months in prison for "bribery and business dealings incompatible with public service."

Boudou, who served from 2011 to 2015 alongside then President Cristina Fernandez, was also barred for life from holding public office and fined 90,000 pesos (3,214 U.S. dollars).

BUENOS AIRES, July 22 (Xinhua) -- Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has reiterated the risks that protectionist trade policies will have negative impacts on world economy.

During a Saturday press conference here in the Argentine capital, Lagarde noted recent global Gross Domestic Product (GDP) forecasts amid the United State's application of heavy tariffs being placed on various foreign imports.

21 July 2018, AFP; US Treasury Secretary Steven Mnuchin on Saturday urged China and the EU to respect "free, fair and reciprocal trade" as his French counterpart fired back that the US needs to "see sense" amid fears of a global commerce conflict.

Mnuchin arrived in Buenos Aires for the Group of 20 summit of finance ministers and central bankers at the end of a week in which US President Donald Trump ramped up his inflammatory remarks and threats regarding global trade.