Tag: Mauricio Macri President

• Monday, May 9th 2016 - 07:14 UTC

  Jobs, layoffs and severance payment at the heart of Argentina's public debate

  

  Unemployment and jobs are in the heart of public debate in Argentina. A public opinion poll released last week revealed that 48.3% of Argentines fear he/she or a relative might lose their jobs in the next six months.

• Wednesday, May 4th 2016 - 08:40 UTC

  Argentine unions claim April inflation reached 5% and 40.85% in 12 months

  

  Inflation in Argentina during April reached 5.02% and 40,85% in the last twelve months according to the unions umbrella organization CGT Economic and Social observatory, which was released on Tuesday.

• Monday, May 2nd 2016 - 08:18 UTC

  Macri claims Argentina hid unemployment with 'worthless public jobs', at Labor Day event with dissident union

  

  Argentine president Mauricio Macri attended an event at a dissident union headquarters in the City of Buenos Aires where he marked the Labour Day with unionized workers of the food sector, and blasted the previous administration for hiding unemployment with public jobs.

• Monday, May 2nd 2016 - 08:13 UTC

  Argentines worried about inflation and unemployment; fuels increase 10% in May

  

  A clear majority of Argentines are most worried about inflation and unemployment, a report by the D’Alessio IROL and Berenzstein private consulting agencies have showed.

• Saturday, April 30th 2016 - 12:12 UTC

  Argentine unions take to the streets to protest job cuts and inflation

  

  Argentina’s strongest unions brought thousands of people into the streets Friday to protest high inflation and job cuts in the biggest demonstrations against President Mauricio Macri since he took office in December. Demonstrators waving blue and white Argentine flags flooded the main avenues of Buenos Aires, blocking traffic in a protest that brought together rival unions that put aside differences to protest Macri’s policies.

• Saturday, April 23rd 2016 - 10:26 UTC

  Judge Griesa pleased and gratified the Argentine 15-year litigation with bondholders is over

  

  US Federal Judge Thomas said on Friday it gave him the greatest pleasure to be able to exercise his discretion and lift the injunction against Argentina which impeded the payment on defaulted debt.

• Wednesday, April 20th 2016 - 07:10 UTC

  Macri pledges “no repeat of the 2012 situation” to Navy's training vessel 'Libertad'

  

  “You can set sail peacefully, because there will be no repeat of the 2012 situation”, president Mauricio Macri told officers, crew and cadets of the Navy's training tall ship Libertad that is ready to set off for the annual tour. Macri was referring to the incident in Ghana when the vessel was seized on an injunction request from one of the holdout funds litigating Argentina over defaulted bonds.

• Wednesday, April 20th 2016 - 06:58 UTC

  Argentina makes emerging-market record US$ 16.5b debt sale and ends litigation with bondholders

  

  Argentina announced on Tuesday the largest emerging market debt sale on record with a global offering of 16.5bn dollars at an average interest rate of 7.14%, well below what it had planned in March in the midst of negotiations to end litigations with holdout funds opening the way, after fifteen years, for the return to world money markets. Underwriters received 68.5bn dollars in orders for bonds, more than four times the value of the debt.

• Monday, April 18th 2016 - 08:06 UTC

  Praise for Argentina from IMF and credit rating agencies but austerity measures “are tough”

  

  Following President Mauricio Macri’s economic policies and the deal with the holdout funds, Argentina will help to bring stability and a larger economic growth to Latin America, now facing a declining economy mainly because of Brazil’s downfall, representatives from the International Monetary Fund said.

• Thursday, April 14th 2016 - 02:50 UTC

  Cristina Fernandez back on stage; attacks Macri and his policies and the Judiciary

  

  Argentine ex president Cristina Fernández addressed thousands of militants that rallied outside Buenos Aires City main courthouse building where earlier in the day she testifies on the dollar future probe conducted by a Federal Judge.