Argentina

Saturday, March 6th 2021 - 09:50 UTC
Social uprising in an ultra Kirchnerite province; UN and Amnesty warn about repression

Formosa in the north of Argentina, next to Paraguay is one of the poorest provinces in the country and has been under the iron fist control and patronage of governor Gildo Insfran, who rules as a feudal lord, with virtual control of the three branches of the local government and excellent relations with the federal government in Buenos Aires where his deputies and senators support the ruling coalition in exchange for fat checks that ensure his perpetuity.
Saturday, March 6th 2021 - 09:35 UTC
Norway's Equinor, YPF and Shell will operate a block in North Argentine basin

Norway's Equinor and YPF have entered into an agreement with Shell to jointly farm-down 30% non-operated interests in the CAN 100 block in the North Argentine basin, offshore Argentina.
Thursday, March 4th 2021 - 09:24 UTC
Argentina's banks face a tough year: bad loans, inflation and regulations

Rising inflation plus bad loans and government regulations anticipate a tough 2021 according to the CEO of Argentina's biggest private bank by market capitalization. “If inflation is high, there is a risk that bank results will fall to very low or negative levels in real terms,” Fabian Kon said in an interview in Buenos Aires.
Thursday, March 4th 2021 - 07:07 UTC
Argentina and the IMF: Another Default in the Works?

By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.
Wednesday, March 3rd 2021 - 08:56 UTC
Argentina again forced to ramp LNG imports , as domestic gas production falls

Argentina forced to quickly ramp up LNG imports in the coming winter months to meet its heating season, as domestic gas production dwindles and Bolivian pipeline imports slow.
Tuesday, March 2nd 2021 - 09:58 UTC
Argentine president attacks opposition, Judiciary, media and economic powers

In a defiant speech before the Legislative that launched the campaign for the October midterm elections, Argentine president Alberto Fernandez on Monday opened the 139th Congressional period of ordinary sessions with a barrage of attacks on the opposition, Judiciary, media and the concentrated economic powers.
Sunday, February 28th 2021 - 13:50 UTC
Argentina's health minister in quarantine

Argentina’s health minister Carla Vizzotti said on Friday she had tested positive for COVID-19 and would quarantine for several days. Vizzotti, a week on the job, replaced former minister Gines Gonzalez Garcia who resigned following reports that VIPs in Argentina had jumped the line to receive vaccination shots early.
Sunday, February 28th 2021 - 10:21 UTC
Thousands in Argentina express indignation at the VIP vaccination scandal

Thousands took to the streets in the Argentine capital Buenos Aires and other main cities on Saturday to protest against the government of Alberto Fernandez following the VIP vaccination scandal, which meant a privileged few, mainly politicians, families, and cronies, were able to skip queues and receive the Covid 19 jabs.
Sunday, February 28th 2021 - 10:15 UTC
Pope Francis expects to die in Rome, “I will not return to Argentina”

Pope Francis expects to die in Rome, still the Catholic pontiff, without returning to spend his final days in his native Argentina, according to a new book titled The Health Of Popes.
Friday, February 26th 2021 - 13:54 UTC
IMF admits discussions with Argentina continue but no meeting planned for May

IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.