Argentina’s embattled President Mauricio Macri took to the streets on Saturday with a defiant message: “Yes we can,” he told crowds of supporters in Buenos Aires as he looks to launch an unlikely comeback ahead of general elections next month.
Bolivia's President Evo Morales and Argentina's presidential frontrunner Alberto Fernández met Thursday evening in Santa Cruz de la Sierra to discuss Latin American region and possible future joint actions.
The International Monetary Fund has a tough choice to make in Argentina: unlock US$5.4 billion in funds under the country’s loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic.
Thousands of protesters camped on Wednesday in downtown Buenos Aires to demand that Argentina declare a food emergency as the economic crisis deepened just weeks ahead of the presidential election.
Argentina's presidential front-runner Alberto Fernandez is on a tightrope between the interventionist policies of his better-known running mate Cristina Fernandez de Kirchner and the stumbling free-market reforms of incumbent Mauricio Macri.
Argentine presidential candidate and ex Economy minister Roberto Lavagna said that the country needs “a national unity government” to overcome the current situation and it's no option having to choose between “bad and worse”.
Another volatile week with still many uncertainties begins this Monday for Argentina even when some of the latest measures adopted by the administration of President Mauricio Macri helped to calm markets, debilitating apocalyptic forecasts.
Argentina on Sunday imposed foreign-exchange controls on exporters as it closed out a week of financial uncertainty that saw a sharp drop in the peso. Exporters were ordered to seek permission from the Central Bank of Argentina before purchasing foreign currency, according to a decree published in the Official Bulletin.
The International Monetary Fund said it will stand by Argentina after the government authorized currency controls on Sunday in an about-face by President Mauricio Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner.
Argentine bond prices fell on Thursday and the country risk soared to levels not seen since 2005 after the government announced plans to extend maturities on an estimated US$ 100bn in debt, raising fear of a full-blown financial crisis.