Argentina

Friday, October 6th 2023 - 10:36 UTC
The sky is the limit for the “blue” dollar in Argentina

As underground exchange parlors were raided Thursday, the “blue” (a euphemism for “black market”) dollar soared against the Argentine peso, it was reported in Buenos Aires.
Friday, October 6th 2023 - 10:13 UTC
Moody's foresees Argentina's future between bad and worse

Regardless of who becomes Argentina's next president as of Decf. 10, 2023, Moody's foresees inflation in the South American country next year will reach 350%. The rating agency's “baseline scenario” scenario also contemplates an economic contraction of 3.5% by 2023, followed by another 2.5% next year, with prices climbing up to 25% each month.
Thursday, October 5th 2023 - 09:20 UTC
Blue dollar knows no ceiling in Argentina

The “blue” (a euphemism for “black market”) US dollar closed at AR$ 843 Wednesday after touching AR$ 850 at some point during the day, it was reported in Buenos Aires. The new quotation at the end of the day was AR$ 36 higher than Tuesday's and meant an AR$ 497 increase so far in 2023 after reaching AR$ 346 at the end of 2022. Hence, the new gap with the official exchange rate stood at 141.4%.
Thursday, October 5th 2023 - 08:48 UTC
FIFA confirms 2030 World Cup to be staged in Spain, Portugal, and Morocco

Football's governing body FIFA announced Wednesday that the 2030 World Cup will be returning to the continent where it all started a century before but after opening games in Argentina, Uruguay, and Paraguay, the rest of the event will be held in Spain, Portugal and Morocco.
Wednesday, October 4th 2023 - 19:03 UTC
South America to host Football 2030 World Cup first round matches

Although there is no confirmation yet from football's governing body FIFA, there were clues Wednesday morning that the 2030 finals might be played under a format never seen before in the competition's history that will be celebrating 100 years then.
Wednesday, October 4th 2023 - 10:59 UTC
How deep was Massa's candidacy dented by the Insaurralde scandal?

The extent of the damage caused by the so-called Insaurralde Scandal to the presidential candidacy of Argentina's Economy Minister Sergio Massa of the ruling Unión por la Patria (UP) front will not be known for certain until the Oct. 22 elections. The same will happen with Buenos Aires Governor Axel Kiciloff's reelection bid.
Wednesday, October 4th 2023 - 10:54 UTC
Patricia Bullrich suggests recording criminals' conversations with lawyers although it is illegal

Argentine presidential candidate Patricia Bullrich, from the center-right coalition “Juntos por el Cambio,” proposed on Tuesday recording conversations between individuals, particularly between criminals and their lawyers. However, it is “illegal,” journalist Alejandro Fantino reminded her during an interview.
Wednesday, October 4th 2023 - 09:55 UTC
Argentina: “Blue” dollar hits new all-time high

The “blue” (a euphemism for “black market”) dollar rose AR$ 10 Tuesday and sold for AR$ 810, thus setting a new record, it was reported from Buenos Aires.
Tuesday, October 3rd 2023 - 09:59 UTC
Argentina: Digital currency bill will not wait until election day

Argentina's Economy Minister and presidential candidate Sergio Massa announced Monday that he would not wait for the results of the Oct. 22 polls to send to Congress the bill for the creation of the new digital currency he announced during Sunday's electoral debate. “We are going to launch the Argentine digital currency,” Massa told the C5N network.
Tuesday, October 3rd 2023 - 09:55 UTC
Buenos Aires says Cleverly's trip to Falkland Islands is an “unnecessary provocation”

After British Secretary James Cleverly announced Sunday that he would be traveling to the Falklands to show his support for the Islanders' self-determination, the Argentine government replied that it was an “unnecessary provocation.”