Argentina

Tuesday, July 26th 2022 - 10:55 UTC
Argentina: Unofficial dollar falls after Batakis meets IMF Chief

The unofficial exchange rate between the US dollar (also known as “blue”) and the Argentina peso fell between AR$ 16 and 17 Monday after Economy Minister Silvina Batakis met in Washington DC with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and the World Bank agreed on a US$ 200 million loan to boost the country's coffers.
Tuesday, July 26th 2022 - 10:51 UTC
World Bank officials meet Batakis and confirm continued support for Argentina

World Bank Managing Director of Operations, Axel van Trotsenburg met with Silvina Batakis, Minister of Economy. Mr. van Trotsenburg and Minister Batakis discussed the global impacts of inflation and the war in Ukraine and Argentina’s role in helping to ease the world’s food crisis as a major agricultural producer.
Tuesday, July 26th 2022 - 10:20 UTC
New Argentine Ambassador welcomed in Caracas as full ties resumed

The Venezuelan government of Nicolás Maduro Monday welcomed Argentina's new ambassador Oscar Laborde, as full diplomatic ties between the two countries were resumed following a decision by the administration of former President Mauricio Macri (2015-2019) to join the so-called Lima Group which recognized opposition leader Juan Guaidó as interim head of state.
Tuesday, July 26th 2022 - 10:04 UTC
Argentine judge releases Emtrasur 747's cargo

Argentine Federal Judge Federico Villena Monday ordered the release of the cargo brought into the country aboard the Venezuelan-Iranian Boeing 747-300 seized at the Ezeiza International airport after the nature of the flight and the size of the crew rose suspicion.
Tuesday, July 26th 2022 - 09:33 UTC
Argentine gov't open to compensating those damaged by COVID-19 vaccines

People who have suffered an “adverse event” from COVID-19 vaccines may seek compensation from the Argentine Government as per the “Covid-19 Reparation Fund,” according to Health Ministry Resolution 7/2022 published Monday in the Official Gazette.
Tuesday, July 26th 2022 - 09:20 UTC
World Bank US$ 200 million loan to promote innovation and entrepreneurship in Argentina

The World Bank Board of Directors approved a US$200 million loan to promote sustainable growth in Argentina, driven by innovation and focused on the creation of technology-based companies, support for entrepreneurs, and access to private capital.
Monday, July 25th 2022 - 23:22 UTC
Argentine younger generations naturalizing emigration is almost inevitable

About 47% of Argentines believe that a family member or an acquaintance will leave the country shortly, according to a report by Córdoba's daily La Voz del Interior published Sunday.
Monday, July 25th 2022 - 10:30 UTC
Kirchnerite Senator wants more repression on parallel dollar traders

Hardline Kirchnerite Senator Juliana Di Tullio has demanded Argentine police play a deeper role in chasing currency exchange parlors where US dollars are traded at the unofficial “blue” rate of around AR$ 337.
Saturday, July 23rd 2022 - 10:49 UTC
Biden-Fernández meeting put off due to US President's COVID-19

Argentine President Alberto Fernández was told to wait for his one-on-one meeting with his US colleague Joseph Biden, who, despite announcements from the White House that he was doing well after testing positive for COVID-19, has been forced to rearrange his engagements involving personal appearances.
Saturday, July 23rd 2022 - 10:40 UTC
Alberto Fernández warns rural producers they “will not twist” his arm

Argentine President Alberto Fernández Friday insisted that many of the country's problems stemmed from the reluctance of agriculture exporters to liquidate the over US$ 20 billion they have collected from sales abroad over the past few months, out of speculation regarding the exchange rate between US currency and local pesos.