Argentina can appeal in hedge funds’ lawsuit over GDP-linked securities
LONDON (Reuters) – Argentina has been given permission to appeal after losing a London lawsuit brought by four hedge funds over euro-denominated securities which left the country facing a roughly $1.5 billion…
Exclusive-IMF, Argentina to defer final $44 billion loan review to November
By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund will allow Argentina to defer the last review of its $44 billion loan by two months, giving the government more time…
Milei’s Argentina ‘omnibus’ bill faces gauntlet after clearing first hurdle
By Adam Jourdan BUENOS AIRES (Reuters) – Argentine President Javier Milei’s “omnibus” bill, a sprawling reform package ranging from tax hikes to privatizations, has cleared its first hurdle in Congress with a…
Argentina inflation, widening FX gap revive devaluation chatter
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s 211% inflation rate and the return to a widening gap between official and parallel exchange rates is stoking expectations of another devaluation of the…
Argentina takes unwelcome Latin America inflation crown from Venezuela
By Lucinda Elliott MONTEVIDEO (Reuters) – Argentina has taken the unwelcome regional inflation crown from Venezuela, becoming the Latin American country with the highest inflation rate in 2023 after prices rose over…
Argentina annual inflation tops 211%, highest since early 90s
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s annual inflation rate ended 2023 at 211.4%, the highest since the early 1990s, official data showed on Thursday, propeling the embattled South American country’s…
Argentina monthly inflation seen at highest since 1990 in December
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely soared to 28% in December, which would be the highest since early 1990, driven by a sharp devaluation of the…
Argentina government talks peso debt risk with banks as repayments loom
BUENOS AIRES (Reuters) – Argentina’s Economy Minister Luis Caputo discussed with representatives of banks the country’s economic program, including liability management, but no official debt swap proposals have been made, a ministry…
Argentina places $3.7 billion in first peso debt auction under Milei
BUENOS AIRES (Reuters) – Argentina’s government placed 2.96 trillion pesos ($3.7 billion) at a debt auction on Wednesday, according to an economy ministry statement, coming in the second week of libertarian President…
US charges alleged Hezbollah member over 1994 Argentina bombing
NEW YORK (Reuters) -A U.S. court on Wednesday unsealed an indictment charging an alleged senior Hezbollah operative with terrorism charges, in part for coordinating a 1994 bombing of a Jewish community center…
Storm claims more lives in Argentina and Uruguay, bringing death toll to 16
(Reuters) – The death toll from a severe electrical storm that struck Argentina over the weekend has risen to 16 people in Argentina and the neighboring country of Uruguay. Uruguay’s meteorological agency…
Analysis-Milei’s mission improbable for Argentina has investors daring to dream
By Marc Jones LONDON (Reuters) – Getting Argentina’s economy firing again might look like mission impossible, yet some long-suffering investors are daring to dream its new president can deliver where others have…
Top US official Pyle visits Argentina, discusses economy and private investment
By Kanishka Singh WASHINGTON (Reuters) – A top U.S. official from the National Security Council met senior members of the administration of Argentine President Javier Milei on Wednesday and discussed plans for…
Argentina inflation tops 160% spotlighting challenge for Milei
By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare the daunting…
Argentina devalues peso, cuts spending in economic shock therapy
(Reuters) – Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part of an economic shock therapy aimed at…
US Treasury, White House top brass signal Argentina support with early visits – sources
By Jorgelina do Rosario and Andrea Shalal BUENOS AIRES/WASHINGTON (Reuters) – Senior U.S. officials from the National Security Council and the Treasury will visit Argentina later this week, an important sign of…
Argentina new central bank chief to meet banks on Wednesday – sources
By Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina’s new central bank president Santiago Bausili has invited bank representatives in the country for a meeting at 9 a.m. (1200 GMT) on Wednesday,…
Argentina monthly inflation set to spike to 12% as Milei era begins
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s consumer prices likely spiked around 12% in November alone, a Reuters poll of analysts showed on Monday, which will be the first monthly inflation…
Argentina govt to lay out economic measures on Tuesday
BUENOS AIRES (Reuters) – Argentina’s new government will lay out its economic measures on Tuesday, presidential spokesman Manuel Adorni said Monday, after radical libertarian Javier Milei took office as the country’s new…
Nicaragua recalls ambassador to Argentina after Milei criticism
(Reuters) -Nicaragua on Monday recalled its ambassador to Argentina ahead of the inauguration of radical right-wing libertarian Javier Milei as the South American country’s next president following his criticism of the Nicaraguan…
EU-Mercosur deal’s future up to new Argentina government -sources
By Anthony Boadle BRASILIA (Reuters) – The European Union and Mercosur will not be able to close their free trade negotiations next week because Argentina’s incoming government has to approve the outstanding…
Trump unlikely to attend Milei inauguration in Argentina -source
(Reuters) – The December inauguration of Argentina’s President-elect Javier Milei will likely not count former U.S. President Donald Trump among the attendees, a person familiar with matter told Reuters on Monday. The…
In Quito and Harare, advice and warnings about dollarization for Argentina
By Tito Correa, Nyasha Chingono and Miguel Lo Bianco QUITO/HARARE/BUENOS AIRES (Reuters) – From Zimbabwe’s capital Harare to Quito in Ecuador, green bills circulating on the streets and in shops with images…
Argentina will not face $16.1 billion YPF judgment in US while it appeals
By Jonathan Stempel NEW YORK (Reuters) – Argentina persuaded a U.S. judge not to enforce a $16.1 billion judgment arising from the government’s 2012 seizure of majority control in oil company YPF…
Argentina President-elect Milei meets outgoing Fernandez after election win
BUENOS AIRES (Reuters) – Argentinian President-elect Javier Milei arrived on Tuesday morning at the presidential residence in the suburbs of Buenos Aires to meet outgoing Peronist leader Alberto Fernandez, to begin a…
IMF, China ready to work with new Argentina leader Milei
LONDON (Reuters) – Kristalina Georgieva, head of the International Monetary Fund, and a spokesperson for China’s foreign ministry said on Monday they were ready to work with Argentina’s president-elect Javier Milei. Argentina…
Breaking News
