Argentina’s Milei Goes All In On ‘Shock’ Policies In Bid To Save Country’s Economy
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 embracing “shock” adjustments in a bid to…
One eve of vote, Argentina’s Massa announces $500 million in new loans
BUENOS AIRES (Reuters) – Argentina will sign loans worth $500 million with international lenders next week, Economy Minister Sergio Massa announced on Saturday, the day before a primary election in which he…
Argentina’s markets keep wary eye on primary vote after 2019 crash
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping a close eye on primary elections on Sunday, which will reveal the likely outcome of the Oct. 22…
Can Argentina’s economy chief helm Peronist ‘shipwreck’ to election win?
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, inflation surged to 116%, the poverty rate…
Argentina’s presidential hopefuls face devaluation conundrum
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 election but it has coalesced around the…
Analysis-China holds the key to avoiding Argentina’s IMF default. The price tag is unknown
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A helping hand from China saw Argentina avert a default with the International Monetary Fund for the second time in 30 days,…
Argentina’s economic woes spark ‘supermarket tourism’ from neighbors
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 neighbor, but the trend is plunging businesses…
Argentina’s monthly inflation rate seen slowing to 7% in June
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 a Reuters poll, after hitting 7.8% in…
Argentina’s de Pedro, ally to Kirchner, launches presidential bid
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 Thursday he will run for the ruling…
Argentina’s new top banknote is worth as little as $4
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 of the currency it is worth only…
Argentina’s lithium pipeline promises ‘white gold’ boom as Chile tightens control
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 a wave of production that could see…
Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows- Reuters Poll
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 vote as growing market anxiety adds to…
Argentina’s latest ‘soy dollar’ scheme sees few takers on first day
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 and analysts, on the first day for…
IMF lowers bar on expectations for Argentina’s FX reserves
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 set in their $44 billion program, as…
Metal worker, soccer coach, honey salesman: three jobs to beat Argentina’s 100% inflation
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 Armoa, 67, has found a painful solution:…
Explainer-What Brazil and Argentina’s ‘currency union’ really means
By Marcela Ayres BRASILIA (Reuters) – Brazil and Argentina sparked some excitement on Sunday over the possibility of a potential “currency union”, though the two countries are unlikely to ditch the real…
In hangover of World Cup fiesta, Argentina’s economic reality bites
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 the soccer World Cup, which has lifted…
S&P pushes Argentina’s local currency rating deeper into junk territory
(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 increased vulnerabilities over the next six months…
Fitch downgrades Argentina’s sovereign credit rating to ‘CCC-‘
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’, citing deep macroeconomic imbalances and rising risks…
Argentina’s Massa says Paris Club deal “close”
By Jorgelina do Rosario and David Lawder WASHINGTON (Reuters) – Argentina is nearing a deal on more than $2 billion it owes the Paris Club of creditors, economy minister Sergio Massa said…
Argentina’s replaces three ministers amid economic crisis, puts more women in power
BUENOS AIRES (Reuters) – Argentine President Alberto Fernandez on Monday again reshuffled his Cabinet and appointed three women to lead the labor, social development and women’s ministries, as a deep economic crisis…
IMF board approves review of Argentina’s $44 billion loan program
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 lender said on Friday, noting the country’s…
Argentina’s economic crisis draws protests even as poverty rate eases
BUENOS AIRES (Reuters) – Argentina’s deep economic slump drew thousands to the streets on Wednesday, as protesters demanded action to counter sky-high inflation and help the country’s poor, even as data showed…
IMF’s Georgieva: ‘excellent’ meeting with Argentina’s president
(Reuters) -International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday she had an “excellent” meeting with Argentina’s President Alberto Fernandez in New York. Georgieva said via Twitter they discussed the importance…
Argentina’s Bioceres expands global seed tie-up with Syngenta
BUENOS AIRES (Reuters) – Argentine seed technology firm Bioceres said on Friday it had agreed to expand its collaboration with Swiss seeds and pesticides maker Syngenta to develop and market its biological…
Argentina’s inflation rate expected to hit 95% this year
BUENOS AIRES (Reuters) – Economists hiked their estimate for annual inflation in Argentina this year to 95%, a monthly poll published Friday by the central bank showed, as the country struggles to…
Breaking News
