Tag: Argentine economy

• Saturday, July 20th 2013 - 06:11 UTC

  Argentina’s economic activity picks up 7.8% in May and 4.1% in first five months

  

  Argentina's economic activity jumped 7.8% in May from a year earlier, according to the country’s questioned stats office, Indec. President Cristina Fernandez had anticipated the news earlier in the week in a televised speech.

• Wednesday, July 3rd 2013 - 04:08 UTC

  Give Us Your Real Dollars for Our Fake Dollars: Argentina Credit

  

  President Cristina Fernandez de Kirchner’s wish of being able to print dollars is coming true as the central bank begins issuing dollar-denominated certificates today that trade in pesos.

• Thursday, November 1st 2012 - 06:47 UTC

  Leading Argentine corporation claims the economy is in ‘very fragile situation”

  

  One of Argentina’ leading international corporations, Techint, made public a 200 pages report sent to the Buenos Aires stock exchange with a devastating picture of the country’s economy which “continues in a state of fragility”.

• Friday, September 28th 2012 - 06:12 UTC

  Argentina will adopt tough measures to guard nine years of economic achievements

  

  Argentina has “stronger financial support than other countries” and will adopt tough policies to guard the nine years of economic achievements, said Economy Deputy Finance Minister Axel Kicillof addressing the Lower House Budget and Finance Committee to discuss the main guidelines for next year’s budget.

• Tuesday, September 25th 2012 - 23:12 UTC

  Lavagna tells Kirchnerites to stop clapping and give true picture of the Argentine economy

  

  Argentine former Economy Minister Roberto Lavagna considered the “economic model” led by President Cristina Fernandez administration is entering “a clear downfall” and slammed Kirchnerite politicians, unionists and businessmen “for, out of fear, clapping at political rallies instead of saying what they really believe about the economy”.

• Saturday, September 22nd 2012 - 02:28 UTC

  Argentine economy growth flat in second quarter; full year estimate revised down to 3.4%

  

  The Argentine economy remained flat in the second quarter of the year compared to the same time period of 2011, the poorest performance in three years, according to the national statistics office Indec.

• Wednesday, September 19th 2012 - 06:05 UTC

  Argentine economy to expand 1% this year, according to private estimates

  

  The Argentine economy is expected to grow 1% this year with manufacturing activity virtually stagnant, according to the head of a leading economic consultancy agency in Buenos Aires who nevertheless admits that the government stats “will probably show a better performance”.

• Friday, August 3rd 2012 - 08:36 UTC

  CFK defends Argentina’s economic model and capacity to honour debts

  

  While addressing the nation from the Buenos Aires stock exchange floor, Argentine President Cristina Fernández strongly defended the policy of drastically cutting debts, which guarantees “greater independence”, and of stimulating the economy because only with resources can debts be paid, “the dead don’t pay debts”.

• Saturday, July 21st 2012 - 07:32 UTC

  Bad news for Argentina: economy contracts and industrial production slumps

  

  Argentina's economy contracted in May and industrial production slumped further in June, according to government data released on Friday. Economic activity fell 0.5% in May year-on-year, slowing from April's 0.6% growth rate and marking the first contraction in 34 months.

• Thursday, July 12th 2012 - 07:11 UTC

  Argentina displaces Venezuela as holder of the region’s highest inflation title

  

  Venezuela’s president Hugo Chavez running for re-election received a considerable boost for his campaign from his peer and political associate President Cristina Fernandez when it was revealed that Argentine inflation in the first half was over two digits.