Argentina

Saturday, September 14th 2019 - 10:39 UTC
Argentina/Spain, Sunday's basketball World Cup final in China

Power forward Luis Scola scored a game-high 28 points and grabbed 13 rebounds as Argentina breezed past France 80-66 to book their place in Sunday's basketball World Cup final against Spain.
Friday, September 13th 2019 - 19:20 UTC
Argentine Lower House unanimously approves draft emergency food law

Argentine lawmakers on Thursday unanimously approved a draft emergency food law to free up resources for social programs amid a worsening economic crisis. The bill, yet to be approved by the Senate, would provide a 50 percent increase in food assistance programs to growing numbers of poor.
Friday, September 13th 2019 - 12:49 UTC
Argentine central bank announces further currency controls

Argentina's central bank this week announced further currency controls in an effort to tame speculation and stem a spiraling debt crisis in Latin America's third-largest economy.
Friday, September 13th 2019 - 12:38 UTC
August inflation in Argentina reverses tendency and again shoots up: 4%

Prices in Argentina shot up last month after a shocking primary vote plunged the peso, reversing four months of declines.
Friday, September 13th 2019 - 11:51 UTC
Argentine budget forecasts a 2.6% contraction this year, and 1% growth in 2020

Argentina's inflation rate is expected at 53% in December 2019, but will fall back to 34% the following year, according to projections in the forthcoming 2020 budget, treasury officials said this week.
Friday, September 13th 2019 - 11:47 UTC
IMF remains strongly engaged with Argentina; meeting with officials scheduled for later this month

The International Monetary Fund is continuing talks with Argentina as authorities there try to stem spiraling economic problems in Latin America’s third-largest economy, IMF spokesman Gerry Rice told reporters on Thursday.
Thursday, September 12th 2019 - 15:46 UTC
Thousands camping in downtown Buenos Aires waiting for Congress to pass the food emergency bill

Thousands of protesters camped on Wednesday in downtown Buenos Aires to demand that Argentina declare a food emergency as the economic crisis deepened just weeks ahead of the presidential election.
Thursday, September 12th 2019 - 09:55 UTC
Questions on the role of the IMF in the Argentine financial situation

Despite a history of many IMF rescue programs, Argentina once again faces a deepening financial crisis, raising questions about whether the Washington-based lender made a mistake in its dealings with Latin America's third largest economy.
Wednesday, September 11th 2019 - 09:57 UTC
The balancing act of Alberto Fernandez between populism and free market reforms

Argentina's presidential front-runner Alberto Fernandez is on a tightrope between the interventionist policies of his better-known running mate Cristina Fernandez de Kirchner and the stumbling free-market reforms of incumbent Mauricio Macri.
Wednesday, September 11th 2019 - 09:35 UTC
China agrees to open its soymeal livestock feed market to Argentina; pact will be signed Wednesday

China will allow the import of soymeal livestock feed from Argentina for the first time under a deal announced by Buenos Aires on Tuesday, an agreement that will link the world's top exporter of the feed with the top global consumer.