Argentina

Saturday, September 8th 2018 - 09:11 UTC
Argentine Peso and markets end the week positively; “sufficient financing in 2019” says central bank

Argentina’s central bank governor, Luis Caputo, said on Friday that government financing for 2019 was more than sufficient and that high yields on the country’s sovereign debt were “exaggerated,” prompting the peso currency to reverse earlier
Friday, September 7th 2018 - 14:26 UTC
Agreement on recognition of university degrees between Argentina and the United Kingdom

The governments of the UK and Argentina today signed an agreement that will facilitate academic cooperation through the mutual recognition of university degrees awarded by the universities of both countries.
Friday, September 7th 2018 - 09:25 UTC
Falklands' waters alleged incident denied by Argentine navy and foreign ministry

The Argentine foreign ministry and Navy have denied any incident in the South Atlantic involving ARA Puerto Deseado, a naval hydrographic research vessel, which allegedly on September 2, came close to Falkland Islands waters, and was first reported by an Islands' site hi.Sutton.com.
Friday, September 7th 2018 - 09:18 UTC
IMF wants to wrap up talks to financially support Argentina “as rapidly as possible”

The International Monetary Fund said on Thursday it aimed to wrap up talks to “strengthen” a US$ 50 billion backup financing deal with Argentina “as rapidly as possible,” as the country's peso and stocks climbed for a second straight day.
Thursday, September 6th 2018 - 08:40 UTC
IMF receptive to Argentina's request, but now Macri must implement the hard austerity program

Argentina’s economy minister sounded upbeat on Wednesday about clinching a new deal with the International Monetary Fund after two days of talks in Washington, and said had sought U.S. support for securing approval from the IMF’s board.
Wednesday, September 5th 2018 - 08:16 UTC
Argentine Peso slid another 2.18% and the Central bank sold US$ 350 million in reserves

Argentina’s peso slid further on Tuesday as investors reacted with skepticism to president Mauricio Macri’s plans. Many worry he will not be able to push reforms through a restive Congress amid growing frustration on the streets of Buenos Aires.
Wednesday, September 5th 2018 - 07:30 UTC
Argentina/IMF discussions continue this Wednesday; strong support from Trump

Argentina “made progress” on Tuesday in talks with the International Monetary Fund aimed at securing an accelerated disbursement of a US$50 billion loan it hopes will calm its debilitating economic crisis.
Tuesday, September 4th 2018 - 08:41 UTC
Brazil's Real and Argentina's Peso slumped on Monday

The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.
Monday, September 3rd 2018 - 19:17 UTC
Macri admits the seriousness of the situation and Dujovne is off to meet with IMF

President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.
Monday, September 3rd 2018 - 09:25 UTC
Argentina's efforts to regain confidence: cutting number of ministries and taxes on farm exports

Argentina is drafting plans to cut its budget deficit to convince nervous investors it can pay its debts and this Monday Finance minister Nicolas Dujovne is scheduled to announce measures, before traveling to Washington to meet with IMF's chief Christine Lagarde.