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Montevideo, April 18th 2024 - 02:41 UTC

Tag: Sergio Massa

  • Saturday, October 7th 2023 - 07:49 UTC

    Argentina: Unstoppable “blue” dollar nears AR$ 900

    De Pedro claimed that the run sought to damage Sergio Massa's presidential bid

    The so-called “blue” (a euphemism for “black market”) dollar traded at AR$ 885 on Friday for a total increase of AR$539 so far this year and AR$ 42 overnight, it was reported in Buenos Aires. At some point Friday, it hit the psychological AR$ 900 landmark.

  • Friday, October 6th 2023 - 10:40 UTC

    Argentina: Grim future for controversial politician Insaurralde

    Insaurralde filed an affidavit saying he had no foreign currency and then allegedly paid an US$ 20 million divorce settlement

    Things are going from bad to worse for former Buenos Aires Cabinet Chief Martín Insaurralde, whose scandal with high-profile escort Sofía Clerici on a luxury yacht off Marbella splashed Argentine Economy Minister and presidential candidate Sergio Massa's chances in the upcoming Oct. 22 elections.

  • Wednesday, October 4th 2023 - 10:59 UTC

    How deep was Massa's candidacy dented by the Insaurralde scandal?

    Insaurralde is a political ally of Deputy Máximo Kirchner, despite not being a born and raised Kirchnerista. Hence the electoral relevance of the scandal.

    The extent of the damage caused by the so-called Insaurralde Scandal to the presidential candidacy of Argentina's Economy Minister Sergio Massa of the ruling Unión por la Patria (UP) front will not be known for certain until the Oct. 22 elections. The same will happen with Buenos Aires Governor Axel Kiciloff's reelection bid.

  • Monday, October 2nd 2023 - 10:49 UTC

    No clear winners after first presidential debate in Argentina

    Bullrich failed to explain how she planned to implement the changes the country needs

    The first presidential debate between the five contenders for the Argentine presidency was held on Sunday in Santiago del Estero, without any of the candidates outperforming the others. However, Patricia Bullrich of the opposition coalition Juntos por el Cambio (JxC) was criticized for her stiffness on stage and for failing to explain how she would bring about the changes the country so desperately needs.

  • Sunday, October 1st 2023 - 10:25 UTC

    Argentine presidential candidate Milei: “Should we dollarize?” or rather “Why should we keep the peso?”

    “There is no future for Argentina with the Peso”, argues Argentine presidential front runner Javier Milei

    Next 22 October a presidential election will take place in Argentina, South America's second-largest economy and three candidates are competing for the job, Sergio Massa, the incumbent, Patricia Bullrich, from the traditional opposition when two coalitions prevailed in the Argentine political system, and Javier Milei, a declared libertarian, economist, and if published Argentine opinion polls can be trusted, the front runner.

  • Friday, September 29th 2023 - 10:29 UTC

    Argentine Senate greenlights Income Tax reform

    Massa sent the Income Tax bill for parliamentary treatment

    The Argentine Senate Thursday passed a bill by 38 votes to 27 to up the barrier indicating who must pay the Income (Earnings) Tax. Despite opposition from Juntos por el Cambio (JxC) citing “electioneering” intentions, the measure proposed by Economy Minister and presidential candidate Sergio Massa was approved last week by the Lower House.

  • Wednesday, September 20th 2023 - 08:05 UTC

    Tension between Argentina and Paraguay on the rise

    Massa is trying to confuse the public opinion, Alliana argued

    Tension between Argentina and Paraguay is on the rise after Economy Minister and presidential candidate Sergio Massa argued that his country had paid for the construction of the Yacyretá Dam between the 1980s and 1990s and was still owed “billions of dollars” for it.

  • Friday, September 15th 2023 - 11:30 UTC

    Massa announces VAT refunds and raffles to boost Argentina's economy

    Massa gave no details as to how the rewards program would be financed

    Argentina's Economy Minister and presidential candidate Sergio Massa Thursday announced a refund of the VAT paid on basic food basket items for 9 million workers. In a move to discourage unregistered transactions, he is willing to raffle cars and household appliances for retailers and customers, it was explained.

  • Thursday, September 14th 2023 - 10:15 UTC

    Argentina: August's inflation hits 12.4%

    Massa criticized the IMF's “inflationary and contractionary” recipes

    Argentina's National Institute of Statistics and Census (Indec) announced Wednesday that inflation for the month of August had reached 12.4% for a total of 124.4% in the last 12 months. The highest monthly rate in over 32 years came after the Aug. 14 devaluation of the Argentine peso. So far in 2023, the Consumer Price Index has accumulated an increase of 80.2%.

  • Tuesday, September 12th 2023 - 07:23 UTC

    “We will never give up our struggle for Malvinas”, foreign advisor of Sergio Massa

    Diana Mondino, the most certain foreign minister candidate for Javier Milei

    “For us, Malvinas is and must always be an absolutely nonnegotiable and inalienable axis of Argentine foreign policy,” said Argentine ambassador in Switzerland Gustavo Martinez Pandiani, who is acting as the foreign minister of presidential candidate Sergio Massa if he were to win the coming elections next October/November.