Argentina government expects economic rebound, inflation slowdown in 2024
BUENOS AIRES (Reuters) – Argentina’s economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by …
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Argentina police shut down Nazi and antisemitic bookseller
BUENOS AIRES (Reuters) – Argentine authorities raided and closed a bookstore selling publications with Nazi and antisemitic content online, police in the capital Buenos Aires …
Argentina August inflation forecast at highest since 1991
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure since …
Argentina peso at risk of another devaluation after election: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s troubled peso currency is at risk of suffering another devaluation after October’s presidential election or a potential …
CAF offers $600 million in counter-guarantees for Brazilian exports to Argentina -ministers
BRASILIA (Reuters) – Latin America development bank CAF has offered $600 million in assistance to counter-guarantee payments for Brazilian exports to Argentina to secure trade …
Argentina sets grocery price controls for 90 days to tame inflation
BUENOS AIRES (Reuters) – Argentina’s government announced on Friday a price agreement for supermarkets to limit monthly increases to a maximum of 5% for 90 …
Argentina to freeze fuel prices until Oct 31 to curb inflation
(Reuters) – Argentina’s economy ministry said on Thursday it will freeze fuel prices until October 31 after an agreement with the industry as a measure …
Ice cream prices double in a month as Argentina battles inflation
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – When Ernesto Acuna, a convenience store owner in Buenos Aires, received the new price list this week from …
Argentina government: IMF had wanted “100%” peso devaluation
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s government said on Thursday that major creditor the International Monetary Fund (IMF) had originally wanted a “100%” …
Argentina raises interest rate, devalues peso after shock primary election -official source
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official source said Monday, adding the …
Uncertainty mounts in Argentina as far-right wins in primary vote
(Reuters) – Argentine radical far-right economist Javier Milei has unexpectedly won the country’s primary vote, shaking up the race for the presidency and likely dealing …
Argentina inflation likely sped back up ahead of primary vote, analysts say
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely sped back up to 7.1% in July, a Reuters poll of analysts showed, …
Voter anger, apathy hang over Argentina primary elections
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina will hold primary elections on Sunday, a nationwide ballot that will act as a giant voter poll …
Argentina agrees $775 million loan with Qatar to make IMF repayment
(Reuters) – Argentina’s government on Friday agreed with Qatar a $775 million loan to use to make an International Monetary Fund (IMF) repayment due this …
IMF sees drought causing Argentina contraction of 2.5% in 2023
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday it is now projecting Argentina’s economy will contract 2.5% in 2023, with …
Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
By Corina Pons MADRID (Reuters) – Zara owner Inditex said on Thursday it had reached an initial agreement to transfer the operation of its stores …
Argentina inaugurates key gas pipeline to reverse energy deficit
By Candelaria Grimberg SALLIQUELO, Argentina (Reuters) – Argentina inaugurated on Sunday the first stage of a gas pipeline that will carry natural gas from the …
Argentina inflation seen at 142% this year, down from previous poll
BUENOS AIRES (Reuters) – Expectations for galloping consumer prices in Argentina remain solidly in triple-digit territory, a monthly analyst poll showed on Friday, though the …
Argentina to hold interest rate at 97% as raging inflation eases – bank sources
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at 97% in the near term …
Argentina election race narrows as libertarian Milei loses ground – pollsters
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s election race is narrowing into a two-horse race, polling ahead of the Aug. 13 primary vote shows, …
Argentina announces over $1 billion in credit from World Bank, IDB
BUENOS AIRES (Reuters) – The World Bank and the Inter-American Development Bank (IDB) will provide Argentina with funds totaling over $1 billion, the South American …
Argentina seeks Biden’s support in debt talks with ‘inflexible’ IMF
By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has directly asked U.S. President Joe Biden for support in the country’s talks with the International Monetary Fund …
Argentina to make $1.9 billion payment to IMF as scheduled – econ min source
BUENOS AIRES (Reuters) – Argentina will make scheduled payments totaling some $1.9 billion to the International Monetary Fund (IMF) on Wednesday, an economy ministry source …
Argentina annual inflation hits 114% but monthly rate slows unexpectedly
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s annual inflation rate topped 114% in May, but in a silver lining for the embattled South American …
Argentina inflation seen speeding up in May, bucking regional trend
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate likely sped up to 8.8% in May, according to analysts polled by Reuters, as …
Argentina inflation seen hitting 149% this year, up from previous poll
BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous poll, …
Argentina studies launch of a voluntary asset conversion operation
(Reuters) – Argentina’s economy ministry is analyzing the launch of a voluntary asset conversion operation, it said in a statement on Wednesday, aiming to bring …
Argentina eases access to ‘morning after pill’, broadening reproductive rights
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Argentina will no longer require a prescription to obtain emergency contraception, commonly known as the ‘morning after pill’, …
Report of Argentina fraud probe sinks shares in dLocal
(Reuters) – Uruguayan fintech dLocal, the South American country’s first unicorn, saw its shares plummet on Friday, after Argentine news outlet Infobae published an article …
Argentina in talks to expand China currency swap line, source says
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina is in talks to renew and potentially expand its currency swap line with China, a central bank …
Argentina raises economic defenses against inflation ‘onslaught’
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast …
Brazil’s Haddad raises concerns about economic situation, drought in Argentina
By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic challenges and a major drought …
Red metal rising: Argentina sets lofty sights on global copper top 10
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina, known better for its Malbec than its mining, has its sights set on becoming a top ten …
Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources
By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44 billion deal with the International …
Argentina could fast-track Brazilian imports in return for help financing them – sources
By Bernardo Caram BRASILIA (Reuters) – Argentina has offered to fast-track imports from Brazil if its neighbor adopts a new credit system that reduces its …
Don’t vote for me Argentina: election race wide open as political big guns bow out
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s three most recent presidents have bowed out of the October general election campaign, throwing the race wide …
Argentina looks to ease economic targets in IMF loan program, source says
MEXICO CITY (Reuters) – Argentina is considering how to persuade the International Monetary Fund to further ease the economic targets embedded in the country’s $44 …
Argentina seeks to issue up to $1.2 billion in bonds, ministry source says
By Jorgelina do Rosario WASHINGTON (Reuters) -The Argentine government is in talks to issue two dollar-bonds for up to $600 million each with separate guarantees …
Argentina cenbank mulls another rate hike to tame 100% inflation – adviser, analysts
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current …
Argentina monthly inflation seen hitting 8-month high 7.1% in March
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate is expected to have clocked in at an eight-month high of 7.1% in March, according …
Argentina looks to defuse economic timebomb with soy export boost
By Anna-Catherine Brigida and Walter Bianchi BUENOS AIRES (Reuters) – Argentina has patched up its wobbly economy with a so-called “soy dollar” preferential exchange rate …
Crypto exchange Binance expands in Argentina
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in …
Argentina ex-President Macri says he will not be candidate in upcoming elections
BUENOS AIRES (Reuters) – Former Argentine President Mauricio Macri said on Sunday that he will not be a presidential candidate in the country’s October general …
Argentina court jails two in landmark femicide retrial
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – An Argentina court on Thursday convicted two men for the rape and murder of 16-year-old Lucia Perez in …
Argentina orders public sector to give up dollar bonds in debt shake-up
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina ordered public sector bodies on Thursday to sell or exchange their holdings of 11 sovereign dollar bonds …
Argentina drought saps dollar reserves, pressuring FX crawling peg
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s slow-and-steady currency devaluation plan is coming under rising pressure as a historic drought pummels …
Argentina to push state entities to give up dollar bonds -ministry official
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s government will push state entities to give up their foreign-law sovereign dollar bonds, an economy ministry official …
Argentina hikes interest rate 300 basis points after inflation breaks 100% barrier
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank board said it agreed to hike the country’s benchmark interest rate by 300 basis points …
Argentina February inflation data “very bad”: government spokesperson
BUENOS AIRES (Reuters) – The Argentine government on Thursday said annual inflation data registered in February, the highest since 1991, was “very bad,” but insisted …
Argentina inflation seen passing 100% in February – Reuters Poll
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s annual inflation rate is expected to surge past 100% in February, a Reuters poll on Monday showed, …