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MercoPress, en Español

Montevideo, October 20th 2025 - 21:31 UTC

Argentina

  • Thursday, July 28th 2022 - 21:43 UTC

    It is official: Massa to head Argentina's new superministry

    “The new ministry will be headed by Sergio Massa, current Speaker of the House of Deputies, as soon as his resignation from his seat is resolved,” Casa Rosada said.

    Argentine President Alberto Fernández Thursday decided to finally launch a cabinet reshuffle which basically consists of blending the ministries of Economy, Productive Development and Agriculture, and Livestock and Fisheries into one office (known as “superministry”) to be headed by Lower House Speaker Sergio Massa.

  • Thursday, July 28th 2022 - 20:28 UTC

    Argentina: Strategic Secretary resigns from Fernández's administration

    Rumors of additional changes linger at Alberto Fernández's Casa Rosada

    Gustavo Béliz Thursday turned in his resignation as Secretary of Strategic Affairs to President Alberto Fernández amid a political crisis at Casa Rosada, where an imminent cabinet reshuffle has already started, including the appointment of Lower House Speaker Sergio Massa as Economy Minister despite him denying the possibility Wednesday.

  • Thursday, July 28th 2022 - 09:55 UTC

    Argentina: Massa denies he is to become Economy Minister

    “I did not have any offer,” Massa said. But In Argentina, that can change fast

    Argentina's Lower House Speaker Sergio Massa Wednesday denied rumors that he would take over as Economy Minister but that President Alberto Fernández was delaying the announcement until the incumbent Silvina Batakis returned from her US mission.

  • Thursday, July 28th 2022 - 09:10 UTC

    Argentina's never ending tragic farce

    Markets go crazy, and the peso tumbles, resulting in a 150% gap between the black-market exchange rate – euphemistically known locally as the blue rate – and the official rate.

    By Andrés Velasco (*) - Argentine voters are no strangers to financial turmoil, but they keep electing politicians who run large fiscal deficits and finance them by printing pesos. Could it be that the only way for politicians to show they want to save the economy is to destroy it first?

  • Thursday, July 28th 2022 - 08:57 UTC

    IDB keeps approving loans for Argentina amid frozen disbursements

    During her time in Washington DC this week, Argentine Economy Minister Silvina Batakis had no contact with any IDB official

    The Inter-American Development Bank (IDB) has approved a credit line worth US$ 1140 million for energy investments and vowed to keep reviewing CEO Mauricio Claver-Carone's decision to halt a separate disbursement of over US$ 800 million to a country with such a credit record.

  • Wednesday, July 27th 2022 - 21:00 UTC

    Passarella has a neurological condition similar to Parkinson's and Alzheimer's

    “The consequences of the blows are only seen when they have been ex-players for years,” Herbella noted

    Daniel Alberto Passarella, who captained Argentina to their first ever World Cup title, on home soil in 1978, has been reported to have a neurodegenerative condition with combined signs and symptoms of Parkinson's and Alzheimer's disease, which keeps him isolated at home most of the time.

  • Wednesday, July 27th 2022 - 09:40 UTC

    Argentine Central Bank creates “agrodollar” to boost export liquidations

    The new scheme will become available until August 31 to cover the foreign exchange gap, Central Bank (BCRA) CEO Miguel Pesce explained

    Argentina's monetary authorities Tuesday announced the creation of the “agrodollar,” a special exchange rate for agrifood exporters to liquidate their revenues through formal channels at an exchange rate closer to the parallel (“blue”) quotation.

  • Tuesday, July 26th 2022 - 10:55 UTC

    Argentina: Unofficial dollar falls after Batakis meets IMF Chief

    Georgieva postponed her vacation plans to meet with Batakis, it was reported

    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

    “Argentina values its long-term partnership with the World Bank for its financial and technical support,” said minister Silvina Batakis

    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 Maduro administration hailed President Fernández's decision to appoint Laborde as full ambassador to Caracas

    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.