Argentina

Tuesday, April 30th 2019 - 09:55 UTC
Major strike and march announced for this Tuesday in Argentina, but unions remain divided

A national strike will halt much of shale-rich Argentina's economy on Tuesday amid growing investor concern that market-oriented president Mauricio Macri will lose a bid for re-election in October, swinging Argentina back toward state intervention.
Monday, April 29th 2019 - 08:56 UTC
Argentine mining investments expected to reach US$ 29 billion this year

The Argentine Chamber of Mining Entrepreneurs issued a report this week stating that it expects mining industry investments to reach US$ 29 billion and employ about 80,000 people in 2019.
Saturday, April 27th 2019 - 11:30 UTC
A week of volatility in Argentina ends with the Peso down 8.81%

Argentina’s peso fell back on Friday afternoon to post a record low close, giving up earlier gains after a tumultuous week that saw the currency battered to its weakest ever level and local debt pummeled as anxious investors fled.
Saturday, April 27th 2019 - 09:59 UTC
With markets and assets falling, Argentina becomes a magnet for bargain hunters

Argentine assets have tumbled so far, so fast that a few stout-hearted investors say it might be time to buy. “Find me a high-yield sovereign country with an IMF program paying so generously,” said Jean-Dominique Butikofer, the Atlanta-based head of emerging-market fixed income at Voya Investment Management, which oversees about US$ 205 billion.
Saturday, April 27th 2019 - 09:00 UTC
Father of Emiliano Sala dies of heart attack three months after his son's plan crash

The father of Emiliano Sala has died just three months after the footballer was killed in a plane crash. Horacio Sala, who was 58, passed away at his home in Progreso, Argentina after a heart attack.
Friday, April 26th 2019 - 09:59 UTC
Second black day for Argentine markets and Peso; panic at a possible return of Cristina Fernandez and Kirchnerism

Argentine bonds and the country’s embattled peso currency fell for a second day on Thursday, cranking up the challenge facing President Mauricio Macri as his drop in the polls ahead of knife-edge elections later this year unnerves investors.
Friday, April 26th 2019 - 09:58 UTC
Falklands second flight, this time to Sao Paulo set to start in November

Falkland Islands' lawmaker MLA Barry Elsby told the Legislative Assembly that the new Latam flight to São Paulo is set to start in November, adding that contractual negotiations with the air carrier are “well advanced and nearing completion.”
Friday, April 26th 2019 - 09:25 UTC
British Embassy in Argentina celebrated Queen Elizabeth II's birthday

The British Embassy in Argentina celebrated HM Queen Elizabeth II’s birthday at British Ambassador Mark Kent’s Residence. The celebration was attended by more than 800 guests, including several high-level national and provincial government representatives, legislators from different political parties, businesspersons, diplomats, academics, sportspeople, journalists, and members of the civil society.
Thursday, April 25th 2019 - 21:48 UTC
Economic collapse in Argentina worsens in a volatile day: Macri blames uncertainty

Argentina lived on Thursday another day in which the dollar rebounded and the country risk exceeded 1000 points. President Mauricio Macri criticized the “short-term” view of the markets and the Central Bank (BCRA) had to intervene by positioning the interest rate at 70% and diverting the futures market to contain the demand on the currency, preventing it from reaching the maximum accorded of 51.45 pesos.
Thursday, April 25th 2019 - 09:59 UTC
Argentine government admits that political uncertainty is behind the current collapse of economic indexes

Argentine economy Minister Nicolás Dujovne stated that political uncertainty ahead of the upcoming presidential election this October is the main factor for increases in Argentina's country risk and instability on the exchange markets.