Argentina

Saturday, October 17th 2020 - 09:57 UTC
Argentine economy minister confident it can maintain the current exchange rate policy

Argentine Economy Minister Martin Guzman said on Friday the country has the necessary instruments to maintain the current exchange rate policy, despite tumbling foreign reserves and a ballooning gap between the official and informal peso exchange rates.
Friday, October 16th 2020 - 09:58 UTC
Argentina wants energy firms to invest US$ 5 billion to boost gas production

Argentina wants energy firms to invest some US$ 5 billion to boost hydrocarbon production and generate jobs in the country's prized Vaca Muerta shale play, as well as to bring in much-needed foreign currency.
Thursday, October 15th 2020 - 09:59 UTC
September inflation in Argentina reached 2,8% and 36,6% in twelve months

Argentina's inflation accelerated slightly in September from August as some easing of quarantine restrictions allowed the economic activity to begin to recover. The consumer prices rose 2.8% in September and increased 36.6% from a year earlier, Argentina's Indec statistics agency said on Wednesday.
Thursday, October 15th 2020 - 09:58 UTC
Argentina is in deep recession and needs a credible roadmap, IMF chief

“Argentina faces very dramatic challenges, the country is in deep recession and social conditions are worsening”, was the response of IMF chief Kristalina Georgieva when asked about the difficult challenges faced by Argentina and if the current government has the political will and consensus to move forward with a plan to restore confidence.
Wednesday, October 14th 2020 - 09:27 UTC
Argentine economy to fall 11.8% in 2020 and rebound 4.9% in 2021, according to IMF

The International Monetary Fund (IMF) forecasts that the Argentine economy will fall by 11.8% this year, and rebound by 4.9% in 2021, the credit agency announced. This was stated in the Economic Outlook Report (WEO) called “A long and difficult road uphill”, where as a result of the pandemic it estimated a fall in world GDP of 4.4% and a recovery of 5.2% by 2021.
Wednesday, October 14th 2020 - 09:23 UTC
“The political problem in Argentina is Cristina Kirchner,” Morales Solá

Argentina is experiencing an economic and health crisis due to the coronavirus. This is why there are many critics of the management of the Government of Alberto Fernández. One of the most vocal is the former president and current vice-president, Cristina Fernández de Kirchner.
Tuesday, October 13th 2020 - 09:02 UTC
Argentina: massive protests with display of national flags against government policies

Thousands of Argentines flying the national colors on Monday took to the streets across the country's main cities to protest against the government of President Alberto Fernandez and his policies, which after over 200 days of quarantine/isolation have been unable to contain the pandemic, left the economy in shatters and threaten democratic institutions.
Tuesday, October 13th 2020 - 08:54 UTC
Coronavirus cases and deaths keep growing despite some 200 days of quarantine in Argentina

Argentina surpassed 900,000 cases of coronavirus on Monday, with strong growth of infections in large populated centers in the interior of the country after months of the virus' being concentrated in Buenos Aires City and its suburbs in the neighboring province of Buenos Aires.
Tuesday, October 13th 2020 - 06:28 UTC
China opens its third Confucius Institute in Argentina: University of Cordoba

Argentina's third Confucius Institute officially opened its doors at the National University of Cordoba (UNC), offering introductory to advanced courses on Chinese language and culture at the country's oldest institute of higher education.
Monday, October 12th 2020 - 09:34 UTC
IMF mission concludes a preliminary “exploratory” visit to Argentina

An International Monetary Fund mission concluded a visit to Argentina on Sunday, after several days of preliminary talks aimed at repaying about US$ 44 billion owed by the cash-strapped government to the fund.