Argentina

• Tuesday, September 29th 2020 - 09:18 UTC

  Argentine cereal and oilseed exports stopped by grain inspectors' strike

  

  The labor union representing Argentine grains port workers said it would stage a 24-hour walk-off from midnight after failing to strike a deal on a collective work agreement with the business chamber that represents private port owners.

• Monday, September 28th 2020 - 09:31 UTC

  It’s time to dump Argentina’s Peso

  

  By Steve H. Hanke – In addition to facing an acute Covid-19 crisis, Argentina's deadbeat economy is collapsing, and, as usual, the inflation noose is around Argentines’ necks. Argentina’s official inflation rate for August 2020 is 40.70% per year. And, for once, Argentina’s official rate is fairly close to the rate that I calculate each day using high-frequency data and purchasing power parity theory, a methodology that has long proved its worth when compared with official statistics. Today, I measure Argentina’s annual inflation rate at 37%, but probably not for long — the noose is generally followed by the trapdoor.

• Monday, September 28th 2020 - 09:15 UTC

  Mercosur hosts World Tourism Day 2020 official celebrations

  

  For the first time in the history of World Tourism Day, the 2020 official celebration will be hosted by a group of countries and not a single UNWTO Member State. The cross-border cooperation of Mercosur Member States (Argentina, Brazil, Paraguay, Uruguay plus Chile, Member Associate) reflects the current need for international solidarity and cooperation. This is especially true for tourism, working together towards a common goal.

• Saturday, September 26th 2020 - 08:43 UTC

  Latin American leaders call for free access to future Covid-19 vaccines

  

  Latin American leaders have appealed at the United Nations for free access to a future Covid-19 vaccine, urging major powers to share their know-how for the sake of global well-being.

• Friday, September 25th 2020 - 09:39 UTC

  Argentine lawmaker resigns after filmed kissing a woman's breasts during a congress session by videoconference

  

  An Argentine lawmaker resigned on Thursday after he was shown kissing his partner's breasts during a parliamentary session being held by videoconference, a scene that quickly went viral on social media.

• Thursday, September 24th 2020 - 09:31 UTC

  Argentine currency worthless in Uruguay

  

  For the second day running the Argentine Peso was virtually worthless in neighboring Uruguay foreign exchange houses. On Tuesday the Argentine Peso was worth zero, and on Wednesday there was a modest ten Uruguayan cents offered for the battered Argentine currency.

• Thursday, September 24th 2020 - 09:24 UTC

  Argentina economy contracts a record 19,1% in the second quarter

  

  Argentina’s economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.

• Wednesday, September 23rd 2020 - 08:55 UTC

  Argentine president again claims the Falklands before the UN General Assembly

  

  Argentine president Alberto Fernández again called on the UK to resume dialogue on the South Atlantic Islands and iterated his country's legitimate and imprescriptible sovereignty rights over the Falklands/Malvinas Islands, during his Tuesday address to the United Nations General Assembly on its 75th anniversary.

• Wednesday, September 23rd 2020 - 08:44 UTC

  Argentine bonds again sliding because of business environment deterioration

  

  Argentine newly issued international bonds are once more on the slide as investors price in rising risks over the country’s economic recovery and much-needed market reforms following tightened capital controls last week.

• Tuesday, September 22nd 2020 - 08:51 UTC

  Latin American countries plan to join WHO's virus vaccine COVAX; ask for more time to sign

  

  Brazil and Argentina, Latin American nations seeking more time to commit to the global COVID-19 vaccine facility known as COVAX, said they intend to so as soon as possible after missing Friday’s deadline.