Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 24th 2024 - 05:57 UTC

Tag: Argentina

  • Tuesday, September 24th 2019 - 09:26 UTC

    Argentina Needs Intensive Care

    A. Krueger was First Deputy Managing Director of the IMF from 2001 to 2006. From 1982 to 1986, she was Vice President, Economics and Research at the World Bank

    By Anne Krueger (*) - Argentina's President Mauricio Macri knew that he had inherited a sick economy when he took office in 2015, but failed to take his medicine. As a result, the country now has no choice but to face up to a period of painful structural adjustment.

  • Tuesday, September 24th 2019 - 09:08 UTC

    Argentine private sector workers given extra payment to compensate for inflation

    Argentine economic growth has stalled since last year, while inflation, running over 50% for the last 12 months, is far outstripping salaries,

    Argentina's private-sector workers will see their wages topped off by 5,000 pesos (US$ 88) in a one-time non-taxable payment aimed at boosting their buying power amid surging inflation, the Production Ministry said on Monday.

  • Monday, September 23rd 2019 - 10:56 UTC

    Argentine president's wife trip to Spain viewed as preparation for future exile

    Juliana Awada is said to be taking a real estate tour to pick her new home.

    Argentina's political future seems to be no mystery regarding the upcoming October 27 presidential elections. So much so that First Lady Juliana Awada's snap trip Sunday to Madrid citing entertainment and social engagements was announced by the media as a preparation for a post December 10 exile that looks inevitable after the outcome of the August 11 primaries.

  • Saturday, September 21st 2019 - 13:58 UTC

    Four Russian fugitives in Argentina await extradition

    Argentina and Russia signed a treaty on mutual legal assistance and extradition back in 2014, Zakharov explained.

    The Russian government has filed a formal request to Argentina for the extradition of four of their nationals who are charged with economic crimes, Deputy Prosecutor General Alexei Zakharov, in Buenos Aires for the 24th conference of the International Association of Prosecutors, said Friday.

  • Saturday, September 21st 2019 - 12:41 UTC

    Alberto Fernández on tour, meets with Evo in Bolivia

    Evo and Alberto celebrated the turn towards progressiveness in the region

    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.

  • Friday, September 20th 2019 - 22:27 UTC

    Judge wants former Argentine president arrested yet again

    Judge Bonadio wants CFK to stand trial

    Buenos Aires Federal Judge Claudio Bonadio has again asked the Upper House to strip Senator Cristina Fernández de Kirchner off her parliamentary immunity so that she can be placed under pretrial detention for her alleged involvement as gang leader in the so-called “notebooks corruption scandal.”

  • Friday, September 20th 2019 - 16:44 UTC

    Unemployment on the rise in Macri's Argentina

    Around 2.5 million people are unemployed, according to INDEC data.

    Unemployment in Argentina reached 10.6% in the second quarter of 2019, the highest ever since President Mauricio Macri took office in December, 2015, according to data released Thursday by the National Institute of Statistics and Census (INDEC).

  • Friday, September 20th 2019 - 10:22 UTC

    Argentine Central Bank will produce more Pesos: higher inflation is expected

    The danger is that this seasonal increase in the monetary base ends up putting more pressure on the exchange rate at the end of the year.

    According to estimates among analysts, the Argentine Peso's production will be around $ 300,000 million for the remainder of the year, estimating inflation for 2020 even higher than this year. 80% of that issuance corresponds to the last month of the year, breaking the objective that the Central Bank of Argentina (BCRA) of “zero-emission” had set and jeopardized the exchange control as it works since August.

  • Thursday, September 19th 2019 - 11:49 UTC

    Argentine firefighter hospitalised in Bolivia for smoke poisoning

    Villalva was flown in an Bolivian Air Force (FAB) light aircraft to Santa Cruz for further medical assistance. (FAB photo)

    Argentine forest firefighter Jhonatan Villalva had to be ferried Wednesday to a medical facility after suffering from poisoning by smoke as a result of his deployment to the fire-plagued Chiquitanía area in Bolivia.

  • Thursday, September 19th 2019 - 11:24 UTC

    Senate passes emergency food bill in Argentina

    Salta Senator Maria Cristina Fiore Vinuales denounced some people were eating once a day or not at all.

    Argentina's Senate Wednesday passed the food emergency bill submitted by the opposition parties as protests mount against the inflationary policies carried out by the administration of President Mauricio Macri, who is yet to sign the draft into law and has hinted he would do so without exerting his veto powers.