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argentina

Argentina swaps $21.7 billion in domestic debt, dimming default risk

March 9, 2023
Argentina swaps $21. 7 billion in domestic debt, dimming default risk - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina has swapped 4.34 trillion pesos ($21.66 billion) in domestic debt, amounting to around 64% of loans due to mature through …

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Argentina launches drug gang offensive after violence rocks farm hub city

March 8, 2023
Argentina launches drug gang offensive after violence rocks farm hub city - photo licensed by shore news network.

By Miguel Lo Bianco and Agustin Marcarian ROSARIO (Reuters) – Argentina launched an offensive on gangs in the farm hub city of Rosario on Wednesday, …

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Argentina makes headway in establishing a cannabis export industry

March 8, 2023
Argentina makes headway in establishing a cannabis export industry - photo licensed by shore news network.

MONTE VERA, Argentina (Reuters) – Argentina’s new cannabis watchdog is overseeing more than 50 projects related to the research and development of cannabis and is …

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Argentina inflation seen speeding in 2023, central bank poll shows

March 3, 2023
Argentina inflation seen speeding in 2023, central bank poll shows - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s inflation rate is seen hitting 99.9% in 2023, speeding up from last year’s rate and topping previous estimates which saw …

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Argentina, IMF discussing export-linked reserve targets -govt source

March 3, 2023
Argentina, imf discussing export-linked reserve targets -govt source - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina and the International Monetary Fund (IMF) are zeroing in on an agreement for more flexible currency reserves …

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Central American development bank approves $400 million for Argentina anti-hunger plan

March 2, 2023

TEGUCIGALPA (Reuters) – The Central American Bank for Economic Integration approved $400 million in financing to Argentina for an anti-hunger plan, according to a statement …

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Argentina inflation hopes already look hard to reach, poll shows

February 13, 2023
Argentina inflation hopes already look hard to reach, poll shows - photo licensed by shore news network.

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s aim to bring monthly inflation down to under 4% by April seems a tough task, according to …

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Argentina says mafia groups are spurring Russian birth tourism

February 13, 2023

BUENOS AIRES (Reuters) – Argentine officials have blamed organized “mafias” for promoting birth tourism to the South American country by Russian mothers-to-be amid a boom …

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Argentina likely to see inflation tick up this year -analysts

February 3, 2023
Argentina likely to see inflation tick up this year -analysts - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank expect surging consumer prices to rise slightly this year, the bank said on Friday, which …

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Argentina OKs new 2,000 peso bill as inflation bites, still only worth $5

February 2, 2023
Argentina oks new 2,000 peso bill as inflation bites, still only worth $5 - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will roll out a new 2,000-peso bill, the central bank said on Thursday, which would double the …

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Argentina sets high hopes on cannabis exports with budding new agency

January 25, 2023
Argentina sets high hopes on cannabis exports with budding new agency - photo licensed by shore news network.

(Reuters) – Argentina on Wednesday launched the first working group of a new national agency to regularize and promote the country’s nascent cannabis industry, which …

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Lula says Brazil and Argentina will study common currency for trade

January 23, 2023
Lula says brazil and argentina will study common currency for trade - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday said Brazil and Argentina are studying the creation of a common currency …

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Magnitude 6.3 earthquake strikes Santiago Del Estero, Argentina -EMSC

January 20, 2023

(Reuters) – An earthquake of magnitude 6.3 struck Santiago Del Estero, Argentina region, according to the European-Mediterranean Seismological Centre (EMSC). The quake struck at a …

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Argentina government aims to undershoot inflation forecasts in December

January 12, 2023
Argentina government aims to undershoot inflation forecasts in december - photo licensed by shore news network.

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation is expected to rise 5.2% in December, according to the median response from a Reuters poll …

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Argentina and China formalize currency swap deal

January 8, 2023January 8, 2023
Argentina and china formalize currency swap deal - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina and China have formalized the expansion of a currency swap deal, allowing the South American country to increase its depleted …

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Argentina extends maturities of $16.8 billion debt to ease payment crunch

January 3, 2023
Argentina extends maturities of $16. 8 billion debt to ease payment crunch - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s economy ministry said Tuesday it managed to extend the maturities of around 3 trillion pesos ($16.8 billion) in debt following …

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Argentina inflation to cool slightly on food price freezes, analysts say

December 13, 2022
Argentina inflation to cool slightly on food price freezes, analysts say - photo licensed by shore news network.

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina inflation is expected to have cooled slightly in November, a Reuters poll of analysts showed on Tuesday, …

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Argentina to introduce income tax relief in January

December 8, 2022December 8, 2022
Argentina to introduce income tax relief in january - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s government will raise the floor for income taxes in January, the country’s Economy Minister Sergio Massa said on Thursday, amid …

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Argentina urges EU to renegotiate South American trade pact – FT

December 7, 2022
Argentina urges eu to renegotiate south american trade pact - ft - photo licensed by shore news network.

(Reuters) – Argentina President Alberto Fernandez has asked the European Union to renegotiate a landmark trade deal with South America, saying the agreement is unbalanced …

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Saudi stock exchange to close on Wednesday after World Cup win against Argentina

November 22, 2022
Saudi stock exchange to close on wednesday after world cup win against argentina - photo licensed by shore news network.

CAIRO (Reuters) – The Saudi stock exchange will be closed on Wednesday after Saudi Arabia declared a public holiday and will reopen on Thursday, state …

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Soccer-Saudi Arabia shock Messi’s Argentina with comeback victory

November 22, 2022November 22, 2022
Soccer-saudi arabia shock messi's argentina with comeback victory - photo licensed by shore news network.

By Andrew Cawthorne and Shady Amir LUSAIL, Qatar (Reuters) – Unheralded Saudi Arabia notched one of the biggest shocks in World Cup history on Tuesday …

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Argentina inflation seen gaining pace again in October

November 11, 2022November 11, 2022
Argentina inflation seen gaining pace again in october - photo licensed by shore news network.

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate is expected to have picked up pace slightly in October, analysts polled by Reuters said, …

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Argentina set to hold benchmark rate steady again, source and analysts say

November 11, 2022
Argentina set to hold benchmark rate steady again, source and analysts say - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold the country’s benchmark interest rate steady for a second consecutive month, …

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Argentina to freeze prices of 1,500 consumer goods as inflation bites

November 11, 2022November 11, 2022
Argentina to freeze prices of 1,500 consumer goods as inflation bites - photo licensed by shore news network.

By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass consumer goods to freeze or …

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Argentina inflation undershoots, easing pressure to hike rates

October 14, 2022October 14, 2022
Argentina inflation undershoots, easing pressure to hike rates - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate came in lower than expected in September, a rare reprieve for the embattled economy …

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Argentina inflation, highest in decades, seen at 6.7% in Sept

October 12, 2022
Argentina inflation, highest in decades, seen at 6. 7% in sept - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s inflation rate likely eased slightly in September to 6.7%, a Reuters poll of analysts showed, but remained …

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Argentina to tighten import controls to preserve dollars

October 8, 2022
Argentina to tighten import controls to preserve dollars - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will regulate import authorizations more closely in an effort to prevent fraud and preserve reserves of U.S. …

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Argentina inflation forecast to top 100% as prices spiral

October 6, 2022October 6, 2022
Argentina inflation forecast to top 100% as prices spiral - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s annual inflation could hit 100.3% this year, according to an analysts survey published by the country’s central bank on Thursday, …

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Alleged Major Bolivian Drug Trafficker Extradited from Argentina to the United States

October 5, 2022
Alleged major bolivian drug trafficker extradited from argentina to the united states - photo licensed by shore news network.

Assistant U. S. Attorney Kyle Martin (619) 546-7726     NEWS RELEASE SUMMARY – October 5, 2022 SAN DIEGO – Victor Hugo Anez Vaca Diez, aka Chi …

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Argentina cbank tightens FX access for soy exporters, hitting peso

September 20, 2022
Argentina cbank tightens fx access for soy exporters, hitting peso - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s central bank has tightened access to the foreign exchange market by soybean exporters as it decided they are no longer …

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IMF staff back $4 billion tranche for Argentina, praise ‘decisive’ steps

September 19, 2022
Imf staff back $4 billion tranche for argentina, praise 'decisive' steps - photo licensed by shore news network.

BUENOS AIRES (Reuters) – The International Monetary Fund (IMF) has reached a staff-level agreement on Argentina’s $44 billion extended fund facility arrangement, which should unlock …

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Venezuela welcomes home seized aircraft’s crew from Argentina

September 16, 2022
Venezuela welcomes home seized aircraft's crew from argentina - photo licensed by shore news network.

CARACAS (Reuters) – Venezuela on Friday welcomed home a dozen flight crew members detained in Argentina since June after their plane was held for suspected …

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Argentina hikes interest rate 550 bps after inflation overshoots

September 15, 2022September 15, 2022
Argentina hikes interest rate 550 bps after inflation overshoots - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank hiked the country’s benchmark interest rate 550 basis points to 75% on Thursday, a day …

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Argentina arrests new suspect in attack on vice president -local media

September 13, 2022
Argentina arrests new suspect in attack on vice president -local media - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentine authorities have arrested a woman suspected of participating in the organization of the failed assassination attempt on Vice President Cristina …

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Argentina inflation, heading towards 100%, seen easing back from July peak

September 13, 2022
Argentina inflation, heading towards 100%, seen easing back from july peak - photo licensed by shore news network.

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation rate, heading towards 100% this year, likely eased in August versus a 20-year peak the month …

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IMF says review of Argentina debt program on course

September 12, 2022
Imf says review of argentina debt program on course - photo licensed by shore news network.

(Reuters) – The International Monetary Fund Managing Director Kristalina Georgieva said on Monday that a staff-level agreement with Argentina should be concluded in coming days …

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Argentina hikes biofuel prices for domestic market

September 6, 2022

(Reuters) – Argentina’s government on Tuesday increased domestic prices of biodiesel for blending with diesel, as well as for bioethanol made from sugarcane and corn. …

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Argentina to hasten rate hike after ‘soy dollar’ FX move, source says

September 5, 2022
Argentina to hasten rate hike after 'soy dollar' fx move, source says - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hike the country’s interest rate as early as this week, a source …

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U.S. condemns assassination attempt in Argentina -Blinken

September 2, 2022
U. S. Condemns assassination attempt in argentina -blinken - photo licensed by shore news network.

WASHINGTON (Reuters) – The United States on Friday condemned the attempted assassination of Argentina’s Vice President Cristina Fernandez de Kirchner a day earlier. “The United …

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Argentina could hike interest rate to 75% this month, source says

September 1, 2022
Argentina could hike interest rate to 75% this month, source says - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank could hike the benchmark interest rate to 75% this month, a source with direct knowledge …

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Argentina mulls requesting IMF loan from resilience trust -source

August 24, 2022
Argentina mulls requesting imf loan from resilience trust -source - photo licensed by shore news network.

By Jorgelina do Rosario LONDON (Reuters) – Argentina is considering asking for an International Monetary Fund loan under its new Resilience and Sustainability Trust (RST), …

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Argentina prepares to restrict imports amid foreign exchange shortage -source

August 23, 2022
Argentina prepares to restrict imports amid foreign exchange shortage -source - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s government will launch three measures in the coming days aimed at restricting imports and preserving the central bank’s dwindling foreign …

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Argentina extends tax incentives on undeclared savings to spur construction

August 22, 2022
Argentina extends tax incentives on undeclared savings to spur construction - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s new Economy Minister Sergio Massa on Monday announced the extension of a plan offering tax incentives to Argentines who use …

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Argentina names second in command of key economy ministry

August 21, 2022
Argentina names second in command of key economy ministry - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s government on Sunday appointed a well-known economist and vocal critic of the policies of former President and current Vice President …

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In Argentina, mass protests demand higher wages, lower inflation

August 17, 2022
In argentina, mass protests demand higher wages, lower inflation - photo licensed by shore news network.

By Maria Belen Liotti BUENOS AIRES (Reuters) – Thousands of frustrated Argentines clogged downtown Buenos Aires on Wednesday in raucous street protests, demanding government action …

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Dollar-strapped Argentina announces incentives for oil and gas industry

August 13, 2022
Dollar-strapped argentina announces incentives for oil and gas industry - photo licensed by shore news network.

BUENOS AIRES – Argentina announced late on Friday a package of tax and customs benefits for the oil and gas industry meant to attract dollars …

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Argentina orders seizure of Venezuelan plane at U.S. request

August 11, 2022

BUENOS AIRES/CARACAS – Argentina on Thursday ordered the seizure of a Venezuelan plane held in Buenos Aires since June at the request of the United …

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Argentina hikes interest rate again as inflation hits 20-year high

August 11, 2022
Argentina hikes interest rate again as inflation hits 20-year high - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES – Argentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to …

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U.S. asks Argentina to seize Venezuelan plane linked to Iran

August 2, 2022
U. S. Asks argentina to seize venezuelan plane linked to iran - photo licensed by shore news network.

BUENOS AIRES – The U.S. Department of Justice (DOJ) on Tuesday asked for permission to confiscate an Iranian plane sold to Venezuelan owners and impounded …

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U.S. Justice Department Seeks Seizure of Boeing 747 Cargo Plane Grounded in Argentina

August 2, 2022
U. S. Justice department seeks seizure of boeing 747 cargo plane grounded in argentina - photo licensed by shore news network.

            WASHINGTON – The U.S. Department of Justice transmitted a request to Argentinian authorities today to seize a Boeing 747-300M …

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