Argentina

• Thursday, March 4th 2021 - 09:24 UTC

  Argentina's banks face a tough year: bad loans, inflation and regulations

  

  Rising inflation plus bad loans and government regulations anticipate a tough 2021 according to the CEO of Argentina's biggest private bank by market capitalization. “If inflation is high, there is a risk that bank results will fall to very low or negative levels in real terms,” Fabian Kon said in an interview in Buenos Aires.

• Thursday, March 4th 2021 - 07:07 UTC

  Argentina and the IMF: Another Default in the Works?

  

  By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.

• Wednesday, March 3rd 2021 - 08:56 UTC

  Argentina again forced to ramp LNG imports , as domestic gas production falls

  

  Argentina forced to quickly ramp up LNG imports in the coming winter months to meet its heating season, as domestic gas production dwindles and Bolivian pipeline imports slow.

• Tuesday, March 2nd 2021 - 09:58 UTC

  Argentine president attacks opposition, Judiciary, media and economic powers

  

  In a defiant speech before the Legislative that launched the campaign for the October midterm elections, Argentine president Alberto Fernandez on Monday opened the 139th Congressional period of ordinary sessions with a barrage of attacks on the opposition, Judiciary, media and the concentrated economic powers.

• Sunday, February 28th 2021 - 13:50 UTC

  Argentina's health minister in quarantine

  

  Argentina’s health minister Carla Vizzotti said on Friday she had tested positive for COVID-19 and would quarantine for several days. Vizzotti, a week on the job, replaced former minister Gines Gonzalez Garcia who resigned following reports that VIPs in Argentina had jumped the line to receive vaccination shots early.

• Sunday, February 28th 2021 - 10:21 UTC

  Thousands in Argentina express indignation at the VIP vaccination scandal

  

  Thousands took to the streets in the Argentine capital Buenos Aires and other main cities on Saturday to protest against the government of Alberto Fernandez following the VIP vaccination scandal, which meant a privileged few, mainly politicians, families, and cronies, were able to skip queues and receive the Covid 19 jabs.

• Sunday, February 28th 2021 - 10:15 UTC

  Pope Francis expects to die in Rome, “I will not return to Argentina”

  

  Pope Francis expects to die in Rome, still the Catholic pontiff, without returning to spend his final days in his native Argentina, according to a new book titled The Health Of Popes.

• Friday, February 26th 2021 - 13:54 UTC

  IMF admits discussions with Argentina continue but no meeting planned for May

  

  IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.

• Friday, February 26th 2021 - 13:29 UTC

  Argentina receives 904,000 doses of China's Sinopharm vaccine

  

  Argentina has received 904,000 doses of the Sinopharm COVID-19 vaccine in its first delivery from the Chinese drugmaker, the government said on Thursday, which should help the country accelerate its inoculation program.

• Friday, February 26th 2021 - 09:45 UTC

  Kirchnerist businessman Baéz will remain under house arrest; family divided over harsh sentences

  

  Argentine businessman and associate of former president Néstor Kirchner, Lázaro Báez will not return to jail for the moment. He will continue with an electronic anklet under the modality of house arrest in a house located in a gated community in the suburbs of Buenos Aires.