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argentina

Argentina ‘superministry’ launch lifts bonds, but uncertainty lingers

July 29, 2022
Argentina 'superministry' launch lifts bonds, but uncertainty lingers - photo licensed by shore news network.

By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK – Argentina’s international bonds rose on Friday but remain near historic lows after President Alberto Fernandez’s …

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In Argentina, financial risks deepen along with investor jitters

July 22, 2022
In argentina, financial risks deepen along with investor jitters - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES – Argentina’s debt sank deeper into distressed territory on Friday, in just the latest week of sour financial news led …

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Dollar-strapped Argentina to loosen foreign exchange rules for tourists

July 21, 2022
Dollar-strapped argentina to loosen foreign exchange rules for tourists - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES – Argentina will allow foreign tourists to exchange dollars at a significantly higher rate than previously available, the Ministry of …

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IMF in positive engagement with Argentina, welcomes govt efforts – spokesman

July 14, 2022
Imf in positive engagement with argentina, welcomes govt efforts - spokesman - photo licensed by shore news network.

NEW YORK – The International Monetary Fund had a “very positive” first engagement with Argentina’s recently named economy minister Silvina Batakis, an IMF spokesman said …

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Weary Argentina investors hit by more political turmoil

July 5, 2022
Weary argentina investors hit by more political turmoil - photo licensed by shore news network.

By Marc Jones LONDON – Argentina’s long-suffering investors tore into the country’s chaotic politics on Monday after the architect of its IMF programme, economy minister …

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Silvina Batakis: heterodox economist in the hot seat in Argentina

July 3, 2022
Silvina batakis: heterodox economist in the hot seat in argentina - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES – Silvina Batakis arrives at Argentine’s Ministry of Economy in full-blown crisis mode, with inflation above 60%, a high fiscal …

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Argentina economy minister, IMF deal architect, quits as government crisis builds

July 2, 2022
Argentina economy minister, imf deal architect, quits as government crisis builds - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES -Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal with the International Monetary Fund (IMF), resigned …

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Argentina grounds Iran-linked Venezuelan cargo plane, lawmakers seek probe

June 12, 2022
Argentina grounds iran-linked venezuelan cargo plane, lawmakers seek probe - photo licensed by shore news network.

DUBAI/BUENOS AIRES -Argentine authorities have grounded an Iran-linked Venezuelan Boeing 747 cargo plane, a local opposition lawmaker and Iranian state media said on Sunday, in …

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Argentina interest rate seen up 200 bps as inflation boils over

June 9, 2022
Argentina interest rate seen up 200 bps as inflation boils over - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters …

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GM to launch production of Chevrolet Tracker SUV in Argentina in July

June 8, 2022
Gm to launch production of chevrolet tracker suv in argentina in july - photo licensed by shore news network.

(Reuters) – General Motors Co (GM) will begin production of its Chevrolet Tracker SUV in Argentina next month, the U.S. automaker and the Argentine government …

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Argentina proposes ‘extraordinary income’ tax amid grains windfalls

June 6, 2022
Argentina proposes 'extraordinary income' tax amid grains windfalls - photo licensed by shore news network.

BUENOS AIRES – Argentina’s government proposed a bill Monday to tax companies that earn “extraordinary income” from the war in Ukraine, a measure that would …

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Analysts raise Argentina 2022 inflation forecast to 72.6% – central bank

June 3, 2022
Analysts raise argentina 2022 inflation forecast to 72. 6% - central bank - photo licensed by shore news network.

BUENOS AIRES – Analysts consulted by Argentina’s central bank raised their inflation estimate for the South American country for 2022 to 72.6%, 7.5 percentage points …

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Paris Club aims for deal with Argentina “in coming weeks”

June 2, 2022
Paris club aims for deal with argentina "in coming weeks" - photo licensed by shore news network.

PARIS – The Paris Club of creditor countries aims to wrap up a renegotiation of $2 billion in debt that Argentina owes “in the coming …

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Top anti-inflation official in Argentina resigns as prices surge

May 23, 2022
Top anti-inflation official in argentina resigns as prices surge - photo licensed by shore news network.

BUENOS AIRES – A senior official in Argentina charged with leading government efforts to tame sky-high inflation resigned on Monday due to differences over how …

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IMF says Argentina program objectives, targets “remain unchanged”

May 19, 2022
Imf says argentina program objectives, targets "remain unchanged" - photo licensed by shore news network.

(Reuters) – The International Monetary Fund said the agreed objectives of the recently approved program for Argentina remain in place as the first program review …

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Argentina accelerates hike in minimum wage

May 10, 2022
Argentina accelerates hike in minimum wage - photo licensed by shore news network.

(Reuters) – Argentina will increase its monthly minimum wage to 45,540 pesos ($389.46) in June and to 47,850 pesos in August, the Ministry of Economy …

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Mexico seeks lithium association with Argentina, Bolivia and Chile

May 3, 2022
Mexico seeks lithium association with argentina, bolivia and chile - photo licensed by shore news network.

MEXICO CITY -Mexico is working with governments of Argentina, Bolivia and Chile to create a lithium association so the countries can share their expertise to …

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Argentina seeking $10 billion investment to jump-start LNG exports, minister says

April 27, 2022
Argentina seeking $10 billion investment to jump-start lng exports, minister says - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES – Argentina, battling a deep and costly energy deficit, is looking to attract some $10 billion in private investment to …

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Argentina to help low-income earners cope with inflation

April 18, 2022
Argentina to help low-income earners cope with inflation - photo licensed by shore news network.

BUENOS AIRES – Argentina’s government said on Monday the country’s neediest would get help to cope with soaring prices as part of a special aid …

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Argentina central bank to analyze rate hike on Wednesday -source

April 12, 2022
Argentina central bank to analyze rate hike on wednesday -source - photo licensed by shore news network.

By Jorge Otaola BUENOS AIRES – Argentina’s central bank directors will meet on Wednesday to discuss a possible interest rate hike, a source with the …

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Ford inks Argentina lithium supply deal with Lake Resources

April 11, 2022
Ford inks argentina lithium supply deal with lake resources - photo licensed by shore news network.

By Ernest Scheyder (Reuters) – Ford Motor Co said on Monday it has signed a preliminary deal to buy lithium from a Lake Resources NL …

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Argentina wants China to fully fund $8.3 billion nuclear plant amid cash shortfall

April 5, 2022April 5, 2022
Argentina wants china to fully fund $8. 3 billion nuclear plant amid cash shortfall - photo licensed by shore news network.

By Eliana Raszewski LIMA, Argentina – Argentina is pushing China to fully finance a new $8.3 billion nuclear power plant in the country, as the …

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Exclusive-IMF board approves $45 billion Argentina program -sources

March 25, 2022
Exclusive-imf board approves $45 billion argentina program -sources - photo licensed by shore news network.

By Jorgelina do Rosario NEW YORK/LONDON – The International Monetary Fund’s executive board on Friday approved a $45 billion program for Argentina after more than …

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South Korea’s Posco to invest $4 billion in lithium project in Argentina

March 21, 2022
South korea's posco to invest $4 billion in lithium project in argentina - photo licensed by shore news network.

BUENOS AIRES – South Korean steelmaker Posco said on Monday it will invest $4 billion in a new lithium mining project in Argentina, as the …

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IMF board to meet March 25 over Argentina debt deal: statement

March 19, 2022
Imf board to meet march 25 over argentina debt deal: statement - photo licensed by shore news network.

WASHINGTON – The International Monetary Fund’s executive board will meet on March 25 to discuss Argentina’s request for a debt deal, an IMF spokesman said …

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Spain set to approve emergency U.S., Argentina corn buying

March 14, 2022
Spain set to approve emergency u. S. , argentina corn buying - photo licensed by shore news network.

MADRID – Spain expects “in the coming hours” to approve emergency purchases of corn from Argentina and the United States for animal feed after supply …

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Mexican president urges Argentina to accept IMF debt deal

March 10, 2022
Mexican president urges argentina to accept imf debt deal - photo licensed by shore news network.

MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Thursday urged Argentina to accept a new $45 billion deal with the International Monetary Fund …

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Argentina government warns Congress not to block IMF deal

March 7, 2022
Argentina government warns congress not to block imf deal - photo licensed by shore news network.

By Walter Bianchi and Lucila Sigal BUENOS AIRES – Argentine bonds fell on Monday as a new $45 billion deal with the International Monetary Fund …

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Argentina bonds sink in snub to $45 billion IMF deal

March 4, 2022
Argentina bonds sink in snub to $45 billion imf deal - photo licensed by shore news network.

By Walter Bianchi and Rodrigo Campos BUENOS AIRES/NEW YORK – Argentine sovereign bonds tumbled some 2.3% on Friday, a day after the government struck a …

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Argentina says IMF deal ‘imminent’; could go to Congress within days

February 24, 2022
Argentina says imf deal 'imminent'; could go to congress within days - photo licensed by shore news network.

By Agustin Geist and Walter Bianchi BUENOS AIRES – Argentina is poised to “imminently” send an agreement with the International Monetary Fund (IMF) to the …

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‘No to the IMF’: thousands protest in Argentina against debt deal

February 8, 2022February 8, 2022
'no to the imf': thousands protest in argentina against debt deal - photo licensed by shore news network.

By Miguel Lo Bianco and Horacio Soria BUENOS AIRES – Thousands of Argentines marched through the streets of Buenos Aires on Tuesday to protest against …

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IMF chief says still ‘hard work’ ahead on Argentina agreement

February 3, 2022February 3, 2022
Imf chief says still 'hard work' ahead on argentina agreement - photo licensed by shore news network.

By Andrea Shalal WASHINGTON – The head of the International Monetary Fund on Thursday said an agreement reached in principle with Argentina on a new …

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