Argentina

Saturday, April 27th 2019 - 09:59 UTC
With markets and assets falling, Argentina becomes a magnet for bargain hunters

Argentine assets have tumbled so far, so fast that a few stout-hearted investors say it might be time to buy. “Find me a high-yield sovereign country with an IMF program paying so generously,” said Jean-Dominique Butikofer, the Atlanta-based head of emerging-market fixed income at Voya Investment Management, which oversees about US$ 205 billion.
Saturday, April 27th 2019 - 09:00 UTC
Father of Emiliano Sala dies of heart attack three months after his son's plan crash

The father of Emiliano Sala has died just three months after the footballer was killed in a plane crash. Horacio Sala, who was 58, passed away at his home in Progreso, Argentina after a heart attack.
Friday, April 26th 2019 - 09:59 UTC
Second black day for Argentine markets and Peso; panic at a possible return of Cristina Fernandez and Kirchnerism

Argentine bonds and the country’s embattled peso currency fell for a second day on Thursday, cranking up the challenge facing President Mauricio Macri as his drop in the polls ahead of knife-edge elections later this year unnerves investors.
Friday, April 26th 2019 - 09:58 UTC
Falklands second flight, this time to Sao Paulo set to start in November

Falkland Islands' lawmaker MLA Barry Elsby told the Legislative Assembly that the new Latam flight to São Paulo is set to start in November, adding that contractual negotiations with the air carrier are “well advanced and nearing completion.”
Friday, April 26th 2019 - 09:25 UTC
British Embassy in Argentina celebrated Queen Elizabeth II's birthday

The British Embassy in Argentina celebrated HM Queen Elizabeth II’s birthday at British Ambassador Mark Kent’s Residence. The celebration was attended by more than 800 guests, including several high-level national and provincial government representatives, legislators from different political parties, businesspersons, diplomats, academics, sportspeople, journalists, and members of the civil society.
Thursday, April 25th 2019 - 21:48 UTC
Economic collapse in Argentina worsens in a volatile day: Macri blames uncertainty

Argentina lived on Thursday another day in which the dollar rebounded and the country risk exceeded 1000 points. President Mauricio Macri criticized the “short-term” view of the markets and the Central Bank (BCRA) had to intervene by positioning the interest rate at 70% and diverting the futures market to contain the demand on the currency, preventing it from reaching the maximum accorded of 51.45 pesos.
Thursday, April 25th 2019 - 09:59 UTC
Argentine government admits that political uncertainty is behind the current collapse of economic indexes

Argentine economy Minister Nicolás Dujovne stated that political uncertainty ahead of the upcoming presidential election this October is the main factor for increases in Argentina's country risk and instability on the exchange markets.
Thursday, April 25th 2019 - 09:20 UTC
Brazil and Argentina exports taking over US corn markets

US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Wednesday, April 24th 2019 - 11:36 UTC
Argentina trying to sell its soy bumper crop to China

Argentina is pushing to increase agricultural trade with commodities-hungry China, as farmers on the country’s Pampas grains belt prepare for what is expected to be a bumper soybean harvest over the weeks ahead.
Wednesday, April 24th 2019 - 09:16 UTC
“Sincerely”, Cristina Fernandez book of anecdotes to be launched on Friday

Two times Argentine president Cristina Fernandez is launching a book next Friday, a collection of personal anecdotes and momentous experiences of her political life, anticipation of its official presentation in the Buenos Aires Book Fair on 9 May.