Tag: Buenos Aires

• Friday, September 21st 2018 - 09:32 UTC

  Argentine Peso recovers strongly and with no support from the Central bank

  

  The Argentine Peso reacted strongly against the US dollar on Thursday following on an abundant private supply of greenbacks to satisfy demand, which kept the Central Bank out of the market for the first time since the beginning of the month. The dollar fell 2.8% and ended trading below 39 Pesos.

• Friday, September 21st 2018 - 08:31 UTC

  Argentina/IMF making “important progress” on reforms for loan package, but no specific timeline

  

  Argentina's budget proposal submitted this week is a key element in the reforms needed for a new loan package for the crisis-hit country, an International Monetary Fund spokesman said Thursday.

• Friday, September 21st 2018 - 08:24 UTC

  Argentine stock market booming with new highs for seventh day running

  

  The Argentine stock market is booming and on Thursday confirmed its seventh day running increase as investors are flocking encouraged by an imminent accord between the president Mauricio Macri administration and the IMF for a new loan package including reforms and a balanced budget in the next 18/24 months.

• Monday, September 17th 2018 - 08:44 UTC

  UK/Argentina hold antimicrobial resistance scientific seminar in Buenos Aires

  

  Scientists from different British universities, Argentine researchers and representatives of the organizing agencies took part this week in Buenos Aires in a seminar organized jointly by the Biotechnology and Biological Sciences Research Council (BBSRC) and the Natural Environment Research Council (NERC) from the UK, and the National Council for Scientific and Technical Research (CONICET) of Argentina.

• Thursday, September 13th 2018 - 10:39 UTC

  IMF team in Buenos Aires for talks on the standby loan package

  

  Officials from the International Monetary Fund are in Argentina as part of talks to strengthen and accelerate a crisis loan package, the global lender said Wednesday. The IMF and Buenos Aires agreed in June on a three-year, US$50 billion rescue lending programme but Argentina has since asked for a more rapid disbursement.

• Thursday, September 13th 2018 - 10:34 UTC

  Argentine labor unions and social groups protest austerity measures in Buenos Aires City

  

  Labor unions and social groups blocked streets in downtown Buenos Aires on Wednesday, with more marches planned over the days ahead over austerity measures proposed by the government and backed by the International Monetary Fund. Protesters are angry about the belt-tightening policies, which are cutting services to low-income Argentines already walloped by inflation of 31 percent and climbing.

• Wednesday, September 5th 2018 - 08:16 UTC

  Argentine Peso slid another 2.18% and the Central bank sold US$ 350 million in reserves

  

  Argentina’s peso slid further on Tuesday as investors reacted with skepticism to president Mauricio Macri’s plans. Many worry he will not be able to push reforms through a restive Congress amid growing frustration on the streets of Buenos Aires.

• Friday, August 24th 2018 - 09:04 UTC

  Corruption scandal: Police searched homes of ex Argentine president Cristina Fernandez

  

  Police accompanied by sniffer dogs searched the homes of Argentina's former president Cristina Kirchner on Thursday as the investigation intensified into the so-called “notebooks” corruption scandal that has rocked the country.

• Tuesday, August 21st 2018 - 09:09 UTC

  Argentines begin campaigning for a Secular State

  

  Argentines gathered in Buenos Aires last Saturday to oppose the influence of religion on Argentine politics and encourage people to quit the Catholic Church, in the wake of the recent Senate vote not to legalize some abortions.

• Tuesday, June 26th 2018 - 09:17 UTC

  Argentine public service unions strike to protest IMF deal halts the country

  

  Argentina ground to a halt on Monday as public service unions blocked road, rail and air transport with a nationwide 24-hour strike in protest at the government's latest deal with the International Monetary Fund. In a massive show of force against the conservative government of President Mauricio Macri, organizers said at least one million workers were taking part in the industrial action which halted trains, subways, buses and flights in Latin America's third-largest economy.