Argentina’s central bank has sufficient dollar firepower to deal with a spike in demand for the greenback if uncertainty over the country’s upcoming presidential election prompts another run on the peso, bank sources said on Friday.
Argentine president Mauricio Macri has joined calls for the search for missing Cardiff City footballer Emiliano Sala to resume. Macri told his foreign minister to issue formal requests to Britain and France, according to a statement from his office.
Argentina outperformed its primary fiscal deficit target for 2018, Economy Minister Nicolas Dujovne said on Friday, assuring that the country’s standby finance deal with the International Monetary Fund remains on track.
Brazil’s president Jair Bolsonaro and Argentina’s president Mauricio Macri said they agreed to continue integrating their economies (number one and two in South America), as strategic partners, by “perfecting” the Mercosur trade block and pressing ahead with negotiations that are already underway, such as the ongoing free trade and cooperation agreement with the European Union.
Argentina's president Mauricio Macri on Monday said the joint Argentina-China hydropower megaproject is highly important and emblematic in terms of renewable energy and economic development. Macri made the remarks during his first official visit to the construction site of the project, where two hydroelectric dams, Condor Cliff and La Barrancosa, are being erected along the Santa Cruz River in Patagonia to boost national energy output.
Argentine President Mauricio Macri will hold talks with his new Brazilian counterpart Jair Bolsonaro on Wednesday likely to center on consolidating trade ties between South America's two biggest economies, officials said. Battling recession and seeking re-election this year, Macri needs to boost Buenos Aires's side of a steep trade imbalance with its main trading partner.
Investors have placed an excessively high-risk premium on Argentine assets compared to their peers, according to Finance Secretary Santiago Bausili, quoted in a report by Bloomberg. Argentina's country risk rating has been hovering at 7.0 percentage points.
Tens of thousands of Argentines marched through Buenos Aires on Thursday evening carrying torches, in the first of a series of planned protests against President Mauricio Macri's austerity program and the soaring cost of public services.
With some eight months to the Argentine primaries when presidential hopefuls for the October election to reelect or oust Mauricio Macri will be chosen, pollster Opinaia, shows that most pre-candidates have a greater negative than positive image. This is possible because of the disenchantment of Argentines with their political system and economic situation.
Who have been the most influential Argentines during 2018, is a traditional public opinion survey which Consultants Giacobbe & Associates have been releasing annually uninterruptedly since 1995. And this last year there were no big surprises: the main characters have been president Mauricio Macri and ex-president Cristina Fernandez.