Argentina

Friday, June 29th 2018 - 05:25 UTC
“An unforgettable year for soybeans in Argentina”, yields and harvested area at its lowest

Argentine soy yields and harvesting area have been chopped by drought to their lowest levels since the 2008/09 season, analysts said on Thursday, citing the effect of a four-month dry spell that suddenly gave way to floods in April.
Thursday, June 28th 2018 - 11:57 UTC
Black Wednesday for Argentina and Brazil as selloff intensifies across emerging markets assets

Argentina’s benchmark MerVal stock index closed down 8.8% on Wednesday, its worst daily performance since early 2014, as concerns about trade tensions between the United States and China prompted a selloff across emerging market assets.
Thursday, June 28th 2018 - 10:54 UTC
UK prepared to resume arms sales to Argentina after a six-year ban

Arms exports to the Argentine military are set to resume, more than six years after a ban imposed in a row over the Falkland Islands. Foreign Office Minister Sir Alan Duncan said restrictions would still be imposed on exports which could “enhance” Argentina's military capabilities.
Wednesday, June 27th 2018 - 09:06 UTC
A gallant Nigeria almost KO Maradona in St Petersburg

Argentine soccer legend Diego Maradona may have gotten a little too excited during a FIFA World Cup match on Tuesday. The 57-year-old collapsed after his home country won 2 to 1 against Nigeria in St. Petersburg, Russia, according to a video posted by the Spanish-language newspaper La Nación.
Wednesday, June 27th 2018 - 08:12 UTC
Argentine economy shrinks 0.9% as agriculture hit by drought plummets 31%

Argentina’s economy shrank in April for the first time in more than a year, government data showed on Tuesday, while the central bank held its policy rate stable at 40% in the first rate decision since a shakeup in its leadership.
Tuesday, June 26th 2018 - 09:17 UTC
Argentine public service unions strike to protest IMF deal halts the country

Argentina ground to a halt on Monday as public service unions blocked road, rail and air transport with a nationwide 24-hour strike in protest at the government's latest deal with the International Monetary Fund. In a massive show of force against the conservative government of President Mauricio Macri, organizers said at least one million workers were taking part in the industrial action which halted trains, subways, buses and flights in Latin America's third-largest economy.
Tuesday, June 26th 2018 - 08:22 UTC
Latam stocks and currencies hit by global trade disputes

Latin American stocks and currencies mostly fell on Monday as the trade dispute between the United States and other leading economies worsened, but central bank intervention kept the Brazilian real steady.
Monday, June 25th 2018 - 10:24 UTC
General strike in Argentina to protest president Macrí's economic reforms

Argentina labor's umbrella organization CGT, has organized a strike for Monday to protest the economic reforms being implemented y the administration of president Mauricio Macri's business friendly administration.
Friday, June 22nd 2018 - 09:16 UTC
Stocks up 6% and the Peso stabilized following MSCI upgrade of Argentina

Argentine stocks surged on Thursday after index provider MSCI upgraded the country to its emerging markets index a day earlier, a respite from months of dismal economic news for market-friendly President Mauricio Macri. The local Merval stock index closed up 6%, led by industrials and banks. Investment bank Grupo Financiero Valores led gains, rising 18.3%, while aluminum producer Aluar rose 13%.
Friday, June 22nd 2018 - 09:13 UTC
Sampaoli takes the blame for the crushing defeat to superb Croatia

Argentina coach Jorge Sampaoli has promised the team will give everything they have to try and qualify for the World Cup's round of 16 after their hopes of progression suffered the hammer blow of a 3-0 loss to Croatia.