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MercoPress, en Español

Montevideo, November 24th 2025 - 15:14 UTC

Argentina

  • Wednesday, May 9th 2018 - 07:32 UTC

    Peso storm: Argentina requests a US$ 30bn precautionary credit from IMF

    “This will allow us to face the new global scenario and avoid a crisis like the ones we have faced before in our history,” President Macri said in a televised address

    Argentina asked the International Monetary Fund for financing to help stem a run from the Peso to the US dollar that is sparking a surge in interest rates and threatening to derail the country's economic recovery. The sum requested is estimated between 25 and 30bn dollars, 500% Argentina's IMF quota and could be disbursed in two forms, a flexible credit line or a precautionary credit line.

  • Tuesday, May 8th 2018 - 08:08 UTC

    Overseas accounts of 35.000 Argentines caught in the taxman's web

    A sustained tax information exchange with other countries, will allow AFIP to consolidate fiscal controls, said AFIP head Leandro Cuccioli.

    Argentina's Internal Revenue Service, AFIP, announced it had received information on 35.000 overseas bank accounts held by Argentines, which should make it easier to control payment deadlines of the respective sworn statements on taxes, profits and assets.

  • Tuesday, May 8th 2018 - 07:18 UTC

    Odebrecht corruption in Argentina: all changed when ex president Kirchner died

    The Odebrecht official revealed that the president of the Argentine Construction Chamber, Carlos Wagner, was interlocutor of the agreement

    A leading manager of the Brazilian construction giant Odebrecht involved in corrupting government officials in virtually all Latin American countries revealed that millions of dollars in kickbacks were delivered in Argentina to pay for the natural gas pipelines network expansion contract.

  • Tuesday, May 8th 2018 - 06:57 UTC

    Argentine Peso: the worst of the storm seems to be over...for the time being

    “The Peso may strengthen or weaken ... the idea is that there be little volatility,” Treasury Minister Nicolas Dujovne said on local television on Sunday night

    The Argentine Peso closed slightly weaker on Monday, though analysts remained optimistic the government and central bank had curbed a run on the currency with a massive rate hike and lower fiscal deficit target last week. . The local currency opened stronger on Monday but closed down 0.41%, at 21.97 per U.S. dollar. The Merval stock index ended down 3.43% and traders said investors remained cautious.

  • Tuesday, May 8th 2018 - 06:36 UTC

    Malvinas veterans abused by their officers are demanding justice from IACHR

    “I was completing my time when the Malvinas were recovered. We were all called back and on 11 April, we were in the Islands”, explained Silvio Katz (Pic Vis a Vis)

    The Malvinas Islands ex Combatants Center, CECIM has requested the Inter American Commission on Human Rights, IACHR, to intercede before the Argentine government and demand a commitment that human rights abuses suffered by the Argentine conscripts during the South Atlantic conflict will be investigated. The case has 120 plaintiffs and 95 defendants.

  • Monday, May 7th 2018 - 09:28 UTC

    Argentina's storm: “Macri is not a political leader, he's a businessman”

    Mirtha Legrand and Jorge Lanata sharing the night program

    “President Macri is not a political leader, he's a businessman, that's why he doesn't like to come out on national television; he should come closer to the people, he should be more political and less technical”. The comment belongs to Jorge Lanata probably the most outstanding investigative reporter in Argentina, and who heads the hate list of ex president Cristina Fernandez.

  • Monday, May 7th 2018 - 08:54 UTC

    British Embassy in Buenos Aires launches call for project bids for 2018

    The British Embassy in Argentina has been allocated program funds for UK financial year 2018/2019.

    The British Embassy is inviting all interested parties to submit their proposals for the British Embassy Buenos Aires Project Fund 2018. The British Embassy has been allocated program funds for UK financial year 2018/2019. The fund is part of the UK’s total Official Development Assistance (ODA) commitment of 0.7% of GNI.

  • Monday, May 7th 2018 - 08:42 UTC

    Argentina Parana River returns to normal activity following release of grounded vessel

    The cargo ship Pilatus Venture, en route to Australia, was stranded on Thursday about 85 km south of Rosario on the Rio Parana

    Grains shipping on Argentina’s Parana River was returning to normal on Saturday after a ship ran aground on Friday, causing delays, the head of Argentina’s Chamber of Port and Maritime Activity said.

  • Monday, May 7th 2018 - 08:29 UTC

    Argentina and China among the most vulnerable markets, says IIF

    Experts reevaluated potential changes in investors’ interest in assets amidst the strengthening of the U.S. dollar, growth of interest rates and trade disputes.

    The markets of China, Ukraine, Argentina, South Africa and Turkey are the most vulnerable among all developing countries in terms of financing needs, reserve adequacy, asset valuation, institutional quality and trade resilience, according to a review by the analysts of the Institute of International Finance (IIF).

  • Saturday, May 5th 2018 - 07:24 UTC

    Argentina hikes benchmark rate to 40%, easing pressure on the Peso but not on inflation

    Analysts said the move suggested the Central Bank had done enough for now to stabilize the peso.

    Argentina's Central Bank on Friday hiked its benchmark interest rate to 40% to support the peso, the third such hike in just over a week and one day after the currency plunged in value. Following the decision, the peso -- which has lost more than 10% of its value in the past month -- opened 6% higher against the dollar.