Argentina

Friday, March 19th 2021 - 08:50 UTC
Argentina buying LNG cargoes from BP, preparing for the coming winter

Argentina's state-owned IEASA received offers from 14 companies to supply 24 LNG cargoes at an average price of US$ 6.50/mn Btu. All the offers are expected to be awarded for a total of US$ 330mn, according to the energy secretariat.
Thursday, March 18th 2021 - 20:28 UTC
UK, Argentina and the Falklands signed an agreement for the second phase to identify soldiers fallen in 1982

The governments of the United Kingdom, the Falkland Islands and Argentina agreed on Thursday to carry out a new stage of the Humanitarian Project Plan that began in 2017 and has allowed the identification of 115 Argentine soldiers fallen during the 1982 armed conflict. The agreement was signed at the International Committee of the Red Cross (ICRC) in Geneva, Switzerland and the Plan will be resumed in August, as confirmed by the British Embassy in Buenos Aires.
Thursday, March 18th 2021 - 09:35 UTC
Falklands: begins second phase to identify Argentine soldiers remains

The accord for the second phase of the humanitarian initiative to identify the remains of Argentine combatants buried at the Argentine military cemetery in the Falkland Islands is scheduled to be signed this Thursday in Geneva, while work could be starting by next August.
Thursday, March 18th 2021 - 09:20 UTC
Argentine economy minister to meet IMF in Washington; no deal expected in May

Argentina's Economy Minister Martin Guzmán traveled to New York on Wednesday night to meet investors before heading to Washington for talks with the International Monetary Fund, a government source said.
Thursday, March 18th 2021 - 08:53 UTC
YPF hikes fuel prices 7% to help finance an ambitious investment plan to boost crude production

YPF, the biggest oil producer in Argentina, said on March 16 that it hiked diesel and gasoline pump prices by 7%, helping to finance a US$2.7 billion investment plan to boost crude output.
Tuesday, March 16th 2021 - 09:53 UTC
Argentina industrial output forecasted to increase 6% this year over 2020

Argentina's Ministry of Development and Production anticipated that the country's industrial output should grow more than 6% this year compared to 2020. Economist Matias Kulfas said he expected Argentina's economy as a whole to expand 5% to 6% during the year, based on preliminary data and depending on how the novel coronavirus and vaccination campaign evolves and its impact on growth.
Monday, March 15th 2021 - 09:50 UTC
Mercosur 26th March summit to be held on line, because of sanitary situation in the region

The Mercosur face-to-face presidential summit scheduled for 26th March originally planned to take place in Argentina that currently holds the rotating chair of the block, will be held online because of the sanitary situation in the region.
Monday, March 15th 2021 - 09:29 UTC
Argentine president attacked and stoned while visiting areas devastated by Patagonia forest fires

Argentina is not an easy country to manage, particularly when institutions are weak and governments lack credibility. Such was the experience of president Alberto Fernandez during a visit to Patagonia to announce support for residents that suffered the devastation caused by forest fires in the region.
Monday, March 15th 2021 - 09:24 UTC
A no deal of Argentina with IMF this year, not so bad after all according to Morgan Stanley

International Investment Bank Morgan Stanley has shifted its long-held view on Argentina sovereign credit to “like,” as risks were flexed upside after a lot of bad news had been priced into bonds, including, increasingly, a delay to an IMF program and a further complication with the Club of Paris payment.
Saturday, March 13th 2021 - 09:26 UTC
Argentina extends the sanitary emergency until 31 December

The Argentine government has extended until 31 December the current sanitary emergency first decreed on 12 March 2020, just days ahead of the social, preventive and mandatory distancing to contain the effects of the pandemic.