Argentina

• Saturday, February 19th 2022 - 10:06 UTC

  IMF says draft of deal with Argentina almost ready

  

  A high-ranking International Monetary Fund (IMF) official Friday announced a full deal with Argentina “is very close,” as the Government of President Alberto Fernández hopes it will be next week, so that it can be put up for Congressional approval at the start of the new Legislature, March 1.

• Saturday, February 19th 2022 - 09:19 UTC

  Ahead of another major blunder, an Argentine haircut for the IMF

  

  By Willem H. Buitter – By approving an unprecedentedly large loan to Argentina in mid-2018, despite the country's failure to meet basic borrowing conditions, the International Monetary Fund committed a major blunder. Rather than compounding the mistake with another similar program, it should accept reality – and responsibility.

• Friday, February 18th 2022 - 21:32 UTC

  Eduardo Bolsonaro says Milei's role should be reassessed

  

  Brazilian Deputy Eduardo Bolsonaro, son of President Jair Bolsonaro, Thursday praised his Argentine colleague Javier Milei, whom he found way different from former President Mauricio Macri, it was reported.

• Friday, February 18th 2022 - 20:29 UTC

  Uruguayan President promised new investments by Argentine group

  

  Uruguayan President Luis Lacalle Pou met this week with representatives from the Argentine Grupo Werthein to discuss further developments and investments in the country, it was reported.

• Friday, February 18th 2022 - 10:25 UTC

  Argentina’s Central Bank raises interest rates amid growing inflation

  

  Argentina’s Central Bank (BCRA) Thursday increased interest rates to 42.5%, it was announced. The measure is consistent with recent talks between the Government of President Alberto Fernández and the International Monetary Fund (IMF).

• Thursday, February 17th 2022 - 21:10 UTC

  Argentina eyes National Food Company to regulate domestic prices

  

  The Government of Argentina is planning to create a National Food Company as a measure to curb inflation, keep prices under control and help small and medium producers, Presidential Spokeswoman Gabriela Cerruti said Thursday in Buenos Aires.

• Thursday, February 17th 2022 - 21:04 UTC

  Argentine President urged to choose a woman for the Supreme Court

  

  Argentine President Alberto Fernández has been pressured this week by Amnesty International and other non-government organizations to fill the vacancy on the Supreme Court with a female magistrate, it was reported.

• Thursday, February 17th 2022 - 10:14 UTC

  On 16 February 1990, the re establishment of diplomatic relations between UK and Argentina was announced

  

  On 16 February 1990, Under Secretary of State for Foreign and Commonwealth Affairs Sir Timothy Sainsbury informed the House of Commons of the 14,15 February 1990 Madrid meeting which resulted in the re-establishment of diplomatic relations between Argentina and the United Kingdom

• Thursday, February 17th 2022 - 10:12 UTC

  Patagonia January inflation 3,6%, double the Falklands' annual retail prices index

  

  Despite highly subsidized public rates, a long list of coerced consumer prices, relatively cheap fuel in the current global energy-short environment, the Consumer Price Index in Argentine Patagonia, mainly Tierra del Fuego, reached 3,6% in January, according to the latest report from the official stats office, Indec.

• Thursday, February 17th 2022 - 09:48 UTC

  Tall ships gather at Rio de Janeiro for naval parade

  

  Ships from all navies in the region keep arriving at Río de Janeiro for the Velas Latinoamérica 2022 (Latin American Sails 2022) parade scheduled for Feb. 22