Argentina

• Friday, November 18th 2022 - 09:12 UTC

  Argentina granted US$ 125mn loan from IDB

  

  The Inter-American Development Bank (IDB) approved a US$ 125 million loan for Argentina to strengthen the country's agricultural health services and the sustainability of its marine resources, it was announced Thursday.

• Thursday, November 17th 2022 - 19:17 UTC

  No devaluation needed for now in Argentina

  

  The Argentine administration of President Alberto Fernández has been reported to have under its sleeve a strong trade surplus for the month of October with which pressure to devalue the local peso will be deflected, at least for now.

• Thursday, November 17th 2022 - 19:14 UTC

  Important progress ahead under Lula, Argentine Ambassador foresees

  

  Former Vice President and current Argentina's Ambassador to Brazil Daniel Scioli said this week that once President-elect Luiz Inácio Lula Da Silva takes office on Jan. 1 there will be “very important advances” in bilateral relations.

• Thursday, November 17th 2022 - 10:16 UTC

  Argentine President felt “scared” due to his health problem

  

  Before boarding his flight back to Buenos Aires via Madrid, Argentine President Alberto Fernández discussed the health issue that prevented him from appearing before the G20 Summit in Bali, Indonesia, and from which he managed to recover in time for a private meeting with Chinese leader Xi Jinping.

• Thursday, November 17th 2022 - 09:58 UTC

  Moody's: Argentina remains high-risk for 2023

  

  The credit-risk rating agency Moody's insisted this week that Argentina's main concern for the foreseeable future was its domestic debt in local pesos while the country keeps swerving through its financial mercuriality in an electoral year.

• Wednesday, November 16th 2022 - 22:16 UTC

  Hand-of-God ball sells for US$ 2.4 million

  

  The ball Argentine football star Diego Maradona punched through English keeper Peter Shilton's fists to score the opening goal of the quarterfinal match the eventual champions went past during the Mexico 1986 World Cup sold Wednesday at auction for £2 million (US$2.4 million).

• Wednesday, November 16th 2022 - 22:02 UTC

  Georgieva tells Fernández Argentina needs to remain “on course”

  

  International Monetary Fund (IMF) Managing Director Kristalina Georgieva Wednesday told Argentine President Alberto Fernández during the G20 summit in Bali, Indonesia, that it was “very important” that his country stayed on “course as it has done so successfully during the past few months.”

• Wednesday, November 16th 2022 - 10:26 UTC

  Macri apologizes for calling Germans “a superior race”

  

  Former Argentine President Mauricio Macri publicly apologized Tuesday for saying that Germany was a “superior race,” a statement which earned him strong criticism from the entire political spectrum.

• Wednesday, November 16th 2022 - 10:18 UTC

  Indec says Argentina's inflation for October reached 6.3%

  

  Argentina's inflation reached 6.3% in October for an 88% interannual result, according to the latest report from the National Institute of Statistics and Census (Indec). According to current projections, it may reach 100% by the end of the year.

• Tuesday, November 15th 2022 - 14:04 UTC

  President Fernández recovers in time for Xi Jinping meeting

  

  Argentine President Alberto Fernández overcame his bout of low blood pressure and was able to meet with his Chinese colleague Xi Jinping at the G20 summit in Bali.