Economy

Saturday, June 29th 2019 - 09:55 UTC
EU and Mercosur reach historic agreement creating a 780 million people market

The European Union and Mercosur reached on Friday a political agreement for an ambitious, balanced and comprehensive trade agreement. The EU is the first major partner to strike a trade pact with Mercosur, a bloc comprising Argentina, Brazil Paraguay and Uruguay.
Saturday, June 29th 2019 - 08:46 UTC
US/China trade talks back on track, announces Trump. New tariffs on hold

United States president Donald Trump said trade negotiations with China were “back on track” after “excellent” talks on Saturday with his Chinese counterpart Xi Jinping in which Washington reportedly agreed to hold off on new tariffs.
Friday, June 28th 2019 - 09:50 UTC
IMF's financial deal with Argentina “harmful” and will be “reworked”, anticipates main opposition candidate

Alberto Fernandez, the main challenger to incumbent President Mauricio Macri in October elections, said on Thursday that if elected he would seek to “rework” Argentina’s huge financing deal with the International Monetary Fund, calling it “harmful.”
Friday, June 28th 2019 - 09:22 UTC
Argentine president Macri meets IMF's Lagarde at the G20 summit in Japan

The IMF through its spokesperson at its daily press meeting confirmed that Managing Director Christine Lagarde and her deputy David Lipton effectively met with Argentine president Mauricio Macri, and Economy minister, Nicolás Dujovne at the G20 summit in Osaka, Japan.
Thursday, June 27th 2019 - 15:10 UTC
Argentina's shale boom at Vaca Muerta seems to be finally taking off

By Tsvetana Paraskova for Oilprice.com - After years of drilling and development and billions of U.S. dollars of investment, Argentina’s vast shale play Vaca Muerta has finally seen the first tangible results with the first exports of light crude oil and liquefied natural gas (LNG) from the resource-rich formation.
Thursday, June 27th 2019 - 14:54 UTC
Argentina trade surplus for nine months running, but imports in May drop 28%

Argentina's trade surplus in May reached US$ 1.373m, the highest in five years and a record nine months running with positive results, reported on Wednesday the country's stats office, Indec.
Thursday, June 27th 2019 - 09:34 UTC
US and Argentina sign revised agreement to boost air travel and cargo

The United States and Argentina on Wednesday signed a revised agreement on air services that could boost air travel and cargo between the two nations.
Thursday, June 27th 2019 - 09:16 UTC
First shipment of Argentine beef to the Japanese market

The first-ever shipment of Argentine beef to Japan was sent on Wednesday, a significant achievement for both countries made possible through an effective and coordinated effort between health authorities, Agro-Industry Ministries, Foreign Ministries, and the respective embassies.
Thursday, June 27th 2019 - 09:08 UTC
US and China seem willing to reach a trade deal next Saturday in Osaka

United States president Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree.
Tuesday, June 25th 2019 - 09:51 UTC
The Economist: “In Argentina, the IMF has been neither toxic nor triumphant”

“What good is it to throw a man ten feet of rope if he is drowning in 20 feet of water?” asked Kenneth Rogoff, former chief economist of the IMF, to The Economist 15 years ago. His question still bothers the institution he used to advise.