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argentina’s

Argentina’s Milei sees ‘second chance’ for pared back reform bill

April 10, 2024
Argentina's milei sees 'second chance' for pared back reform bill - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s government has circulated a pared back version of its sprawling omnibus reform bill to lawmakers and governors after Congress rejected …

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Argentina’s Milei Goes All In On ‘Shock’ Policies In Bid To Save Country’s Economy

March 11, 2024

Argentina’s Milei Goes All In On ‘Shock’ Policies In Bid To Save Country’s Economy Jake Smith on March 10, 2024 Argentinian President Javier Milei is …

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Argentina’s Milei weighs next steps after economic reform bill setback

February 7, 2024
Argentina's milei weighs next steps after economic reform bill setback - photo licensed by shore news network.

By Nicolás Misculin BUENOS AIRES (Reuters) -The government of Argentine President Javier Milei was seeking to salvage his wide-ranging economic reform package on Wednesday after …

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Argentina’s Milei embarks on diplomatic trip to Israel, Italy

February 5, 2024
Argentina's milei embarks on diplomatic trip to israel, italy - photo licensed by shore news network.

By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s President Javier Milei set off on an overseas tour on Monday that will see him visit Israel, …

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Explainer-What does Argentina’s ‘shock therapy’ economic package involve?

December 13, 2023
Explainer-what does argentina's 'shock therapy' economic package involve? - photo licensed by shore news network.

By Valentine Hilaire (Reuters) – Argentina’s government under libertarian President Javier Milei has unveiled a “shock therapy” economic plan, a radical and likely painful blueprint …

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Argentina’s Milei formally seeks OECD accession talks

December 13, 2023
Argentina's milei formally seeks oecd accession talks - photo licensed by shore news network.

By Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina’s President Javier Milei has sent a letter to the Organisation for Economic Co-operation and Development (OECD), …

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Argentina’s surging prices add urgency to new president’s plan

December 13, 2023December 13, 2023
Argentina's surging prices add urgency to new president's plan - photo licensed by shore news network.

By Miguel Lo Bianco BUENOS AIRES (Reuters) – The relentless pace of creeping prices in Argentina provides the new president’s plan for immediate shock therapy …

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Argentina’s Caputo announces peso devalution to 800 per dollar, spending cuts

December 12, 2023December 12, 2023
Argentina's caputo announces peso devalution to 800 per dollar, spending cuts - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentine Economy Minister Luis Caputo laid out the new government’s economic shock plan on Tuesday, targeting public spending and a sharp …

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Argentina’s new government wants to strike EU-Mercosur deal ‘someday, somehow’ -Mondino

December 4, 2023
Argentina's new government wants to strike eu-mercosur deal 'someday, somehow' -mondino - photo licensed by shore news network.

By Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina’s incoming government aims to strike a trade agreement between the European Union and Latin American economies, …

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Argentina’s Milei to meet Biden aide after lunch with Bill Clinton

November 27, 2023
Argentina's milei to meet biden aide after lunch with bill clinton - photo licensed by shore news network.

WASHINGTON (Reuters) – Argentina’s President-elect Javier Milei will meet with a top security aide to U.S. President Joe Biden in Washington, the White House confirmed …

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Argentina’s Milei, IMF discuss fiscal adjustment plan, monetary program

November 24, 2023
Argentina's milei, imf discuss fiscal adjustment plan, monetary program - photo licensed by shore news network.

(Reuters) – Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund (IMF), Kristalina Georgieva, regarding plans …

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Argentina’s economy chief frontrunner pitches Milei’s ‘shock’ therapy to banks – sources

November 24, 2023
Argentina's economy chief frontrunner pitches milei's 'shock' therapy to banks - sources - photo licensed by shore news network.

By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met …

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Argentina’s Milei says shutting central bank ‘non-negotiable’

November 24, 2023November 24, 2023
Argentina's milei says shutting central bank 'non-negotiable' - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s President-elect Javier Milei said on Friday that the closure of the country’s central bank, a signature campaign pledge, was a …

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Argentina’s Milei taps new YPF chief in one of first major decisions

November 22, 2023
Argentina's milei taps new ypf chief in one of first major decisions - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s President-elect Javier Milei selected a senior energy executive to lead state oil company YPF on Wednesday, his …

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Mexico president calls Argentina’s election of Milei an “own goal”

November 21, 2023
Mexico president calls argentina's election of milei an "own goal" - photo licensed by shore news network.

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Tuesday called Argentina’s election of Javier Milei as its new president an “own goal”, …

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Argentina’s black market currency traders brace for uncertainty

November 20, 2023November 20, 2023
Argentina's black market currency traders brace for uncertainty - photo licensed by shore news network.

By Alexander Villegas BUENOS AIRES (Reuters) – In downtown Buenos Aires a small group of black market money traders, known as “arbolitos” – or little …

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Shares in Argentina’s YPF soar as Milei hints at privatization

November 20, 2023November 20, 2023
Shares in argentina's ypf soar as milei hints at privatization - photo licensed by shore news network.

BUENOS AIRES (Reuters) – New York-traded shares in Argentine state-run oil company YPF soared more than 40% on Monday after President-elect Javier Milei said he …

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Argentina’s Massa says will renegotiate IMF deal if he wins election

November 15, 2023November 15, 2023
Argentina's massa says will renegotiate imf deal if he wins election - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s Economy Minister Sergio Massa plans to renegotiate the country’s loan with the International Monetary Fund (IMF) if he wins the …

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Argentina’s presidential candidates face $12 billion energy subsidy conundrum

November 15, 2023
Argentina's presidential candidates face $12 billion energy subsidy conundrum - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina has a $12 billion energy conundrum: what to do about state subsidies that keep prices at a …

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Factbox-Who are Argentina’s presidential candidates?

October 13, 2023October 13, 2023
Factbox-who are argentina's presidential candidates? - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentines will vote on Oct. 22 to elect a new president, with an ultra-libertarian, a conservative and the ruling coalition’s center-left …

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In Argentina’s impoverished barrios, Peronists are losing their grip

October 12, 2023
In argentina's impoverished barrios, peronists are losing their grip - photo licensed by shore news network.

By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Simona Alegre, a 65-year-old widow, used to earn enough from her government pension to feed her six grandkids. …

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‘Election fear’ stalks Argentina’s markets as volatile vote nears

October 3, 2023October 3, 2023
'election fear' stalks argentina's markets as volatile vote nears - photo licensed by shore news network.

By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s markets have a new cause for the wobbles – a presidential election whose outcome …

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Argentina’s senate passes bill to reduce taxes on high-income earners

September 28, 2023September 28, 2023
Argentina's senate passes bill to reduce taxes on high-income earners - photo licensed by shore news network.

(Reuters) – Argentina’s senate on Thursday passed a government-backed bill to cut taxes on high-income earners, a move that would erase about one trillion pesos …

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Argentina’s lower house passes bill to reduce taxes on wealthy

September 19, 2023

BUENOS AIRES (Reuters) – Argentina’s lower house on Tuesday passed a government-backed bill to cut taxes on high-income earners, a move that would erase about …

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Argentina’s economy shrinks for first time in nearly three years

September 19, 2023
Argentina's economy shrinks for first time in nearly three years - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the country’s statistics agency said on Tuesday, slightly …

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Argentina’s capital controls are an ‘instrument of torture,’ Bullrich says

August 24, 2023
Argentina's capital controls are an 'instrument of torture,' bullrich says - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s leading conservative presidential candidate Patricia Bullrich said on Thursday that the country’s strict capital controls were an …

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Argentina’s economic activity down 4.4% in June as agriculture plunges

August 23, 2023
Argentina's economic activity down 4. 4% in june as agriculture plunges - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina’s economic activity fell 4.4% in June from a year earlier, the country’s official statistics agency said on Wednesday, below the …

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Argentina’s Milei scores big in provinces, including Kirchner stronghold

August 14, 2023
Argentina's milei scores big in provinces, including kirchner stronghold - photo licensed by shore news network.

By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Argentina’s shock primary election leader Javier Milei, a radical libertarian economist, scored the largest share of the national …

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IMF welcomes Argentina’s recent policy actions, commitment to safeguarding stability

August 14, 2023August 14, 2023
Imf welcomes argentina's recent policy actions, commitment to safeguarding stability - photo licensed by shore news network.

MEXICO CITY (Reuters) – The International Monetary Fund on Monday said it welcomed Argentine authorities’ recent policy actions and commitment to safeguarding stability, rebuild reserves …

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One eve of vote, Argentina’s Massa announces $500 million in new loans

August 12, 2023August 12, 2023
One eve of vote, argentina's massa announces $500 million in new loans - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentina will sign loans worth $500 million with international lenders next week, Economy Minister Sergio Massa announced on Saturday, the day …

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Argentina’s markets keep wary eye on primary vote after 2019 crash

August 11, 2023
Argentina's markets keep wary eye on primary vote after 2019 crash - photo licensed by shore news network.

By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping a close eye on primary elections on Sunday, which will reveal …

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Can Argentina’s economy chief helm Peronist ‘shipwreck’ to election win?

August 9, 2023
Can argentina's economy chief helm peronist 'shipwreck' to election win? - photo licensed by shore news network.

By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Economy Minister Sergio Massa is an unlikely hero for the embattled ruling Peronist party. Under his watch, …

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Argentina’s presidential hopefuls face devaluation conundrum

August 7, 2023August 7, 2023
Argentina's presidential hopefuls face devaluation conundrum - photo licensed by shore news network.

By Anna-Catherine Brigida and Lucinda Elliott BUENOS AIRES (Reuters) – Argentina’s fractured opposition may not agree on much ahead of an upcoming Aug. 13 primary …

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Analysis-China holds the key to avoiding Argentina’s IMF default. The price tag is unknown

August 2, 2023
Analysis-china holds the key to avoiding argentina's imf default. The price tag is unknown - photo licensed by shore news network.

By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A helping hand from China saw Argentina avert a default with the International Monetary Fund …

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Argentina’s economic woes spark ‘supermarket tourism’ from neighbors

July 13, 2023July 13, 2023
Argentina's economic woes spark 'supermarket tourism' from neighbors - photo licensed by shore news network.

By Horacio Soria and Lucinda Elliott MONTEVIDEO (Reuters) – Uruguayans are crossing into Argentina to shop for cheap food and fuel in their economic crisis-hit …

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Argentina’s monthly inflation rate seen slowing to 7% in June

July 11, 2023July 11, 2023
Argentina's monthly inflation rate seen slowing to 7% in june - photo licensed by shore news network.

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate is expected to slow to 7.0% in June, according to the median forecast in …

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Argentina’s de Pedro, ally to Kirchner, launches presidential bid

June 22, 2023

By Nicolás Misculin BUENOS AIRES (Reuters) -Argentine Interior Minister Eduardo ‘Wado’ de Pedro, an ally of powerful Vice President Cristina Fernandez de Kirchner, announced on …

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Argentina’s new top banknote is worth as little as $4

May 22, 2023

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s new 2,000-peso bill, the largest denomination note, went into circulation on Monday, though due to fast depreciation …

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Argentina’s lithium pipeline promises ‘white gold’ boom as Chile tightens control

April 24, 2023
Argentina's lithium pipeline promises 'white gold' boom as chile tightens control - photo licensed by shore news network.

By Lucila Sigal BUENOS AIRES (Reuters) – In Argentina’s mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock …

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Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows- Reuters Poll

April 21, 2023
Argentina's economy teeters on the edge of deeper crisis as market anxiety grows- reuters poll - photo licensed by shore news network.

By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the run up to October’s presidential …

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Argentina’s latest ‘soy dollar’ scheme sees few takers on first day

April 10, 2023
Argentina's latest 'soy dollar' scheme sees few takers on first day - photo licensed by shore news network.

By Maximilian Heath BUENOS AIRES (Reuters) – The latest government incentive to grow Argentina’s processed soybean exports recorded few takers on Monday, according to traders …

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IMF lowers bar on expectations for Argentina’s FX reserves

April 1, 2023
Imf lowers bar on expectations for argentina's fx reserves - photo licensed by shore news network.

By Rodrigo Campos and Jorgelina do Rosario NEW YORK (Reuters) – The International Monetary Fund (IMF) executive board approved changes to Argentina’s reserves accumulation target …

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Metal worker, soccer coach, honey salesman: three jobs to beat Argentina’s 100% inflation

March 30, 2023
Metal worker, soccer coach, honey salesman: three jobs to beat argentina's 100% inflation - photo licensed by shore news network.

By Miguel Lo Bianco and Lucila Sigal BUENOS AIRES (Reuters) – As Argentina’s over 100% inflation rate saps earning power and outstrips wages, Jorge Pedro …

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Explainer-What Brazil and Argentina’s ‘currency union’ really means

January 23, 2023
Explainer-what brazil and argentina's 'currency union' really means - photo licensed by shore news network.

By Marcela Ayres BRASILIA (Reuters) – Brazil and Argentina sparked some excitement on Sunday over the possibility of a potential “currency union”, though the two …

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In hangover of World Cup fiesta, Argentina’s economic reality bites

December 21, 2022
In hangover of world cup fiesta, argentina's economic reality bites - photo licensed by shore news network.

By Rodrigo Campos and Belen Liotti NEW YORK/BUENOS AIRES (Reuters) – Gregorina Victorica, 86, a retiree in Buenos Aires has been cheering Argentina’s victory in …

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S&P pushes Argentina’s local currency rating deeper into junk territory

November 16, 2022November 16, 2022
S&p pushes argentina's local currency rating deeper into junk territory - photo licensed by shore news network.

(Reuters) – Ratings agency S&P Global on Wednesday cut Argentina’s long-term local currency sovereign credit rating by two notches to “CCC-” from “CCC+” to reflect …

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Fitch downgrades Argentina’s sovereign credit rating to ‘CCC-‘

October 26, 2022October 26, 2022
Fitch downgrades argentina's sovereign credit rating to 'ccc-' - photo licensed by shore news network.

By Adam Jourdan BUENOS AIRES (Reuters) – Ratings agency Fitch on Wednesday downgraded Argentina’s long-term sovereign credit rating by a notch to ‘CCC-‘ from ‘CCC’, …

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Argentina’s Massa says Paris Club deal “close”

October 13, 2022October 13, 2022

By Jorgelina do Rosario and David Lawder WASHINGTON (Reuters) – Argentina is nearing a deal on more than $2 billion it owes the Paris Club …

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Argentina’s replaces three ministers amid economic crisis, puts more women in power

October 10, 2022October 10, 2022
Argentina's replaces three ministers amid economic crisis, puts more women in power - photo licensed by shore news network.

BUENOS AIRES (Reuters) – Argentine President Alberto Fernandez on Monday again reshuffled his Cabinet and appointed three women to lead the labor, social development and …

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IMF board approves review of Argentina’s $44 billion loan program

October 7, 2022
Imf board approves review of argentina's $44 billion loan program - photo licensed by shore news network.

BUENOS AIRES (Reuters) -The executive board of the International Monetary Fund (IMF) approved the second review for Argentina’s $44 billion extended fund facility program, the …

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