
Argentina's inflation in May was 3.3% for a year-on-year accumulation of 48.8%, the highest mark since March 2020, according to the National Institute of Statistics and Census (INDEC)

Argentina's Senate Thursday passed the bills submitted by the Government of President Alberto Fernández postponing this year's elections and changing earnings taxation for companies.

The Juntos por el Cambio (Together for Change - JxC) opposition coalition Thursday agreed to reschedule this year's primary and general mid-term election to allow for a better anti-covid-19 campaign, it was announced.

Argentine former president Eduardo Duhalde emphatically said that the scheduled midterm elections next year will not be taking place if no consensuses are reached by the political system and the overall situation continues to deteriorate.

Argentines are headed to the polls for their general election on Sunday Oct. 27. They will cast their votes against a backdrop of wide discontent with the way things are going in the country and little faith in their elected officials and public institutions, according to a Pew Research Center survey.

Argentine central bank international reserves stand at US$ 46.885 million following on Monday's rescue of different maturing bonds and support in the local market to help stabilize the price of the US dollar. This demanded some US$ 600 million.

The International Monetary Fund will stand by Argentina as it works through its economic crisis, Managing Director Kristalina Georgieva said on Thursday. She added that the Fund was waiting to see the future policy framework adopted by Argentina, which holds an election later this month in which a change of government is widely predicted.

The front-runner in Argentina’s presidential election reached out to undecided voters on Sunday, promising both orthodox and unorthodox policies to cure the country’s deep economic troubles.

Argentine presidential candidate Alberto Fernandez indicated he would tackle the country's debt problem by adopting a strategy similar to that of Uruguay, which successfully extended its bond maturities in 2003.

Women dressed as Eva Peron, old political anthems blaring in the streets, flash-mobs with step-perfect choreography - it's all part of the present-day cut and thrust of politics in Buenos Aires.