Elisa Trotta is the new Venezuelan ambassador in Argentina, following the acceptance of her Credentials by Argentine foreign minister Jorge Faurie. According to an Argentine foreign ministry release, Ms Trotta will make her official presentation to president Mauricio Macri sometime this week.
Argentina's financial crisis has been exacerbated by the political uncertainty facing the country with its president Mauricio Macri now most likely to be voted out of office at the national elections at the end of the month. However, according to Claudio Zuchovicki, the secretary-general of the Iberoamerican Stock Exchange Federation, the financial downturn is mostly a crisis of confidence in political institutions.
Argentina's front-running candidate for president, Alberto Fernandez, has been asked by advisors within his left-leaning coalition to freeze natural gas and power tariffs and to peg oil product prices to pesos instead of dollars as measures to contain inflation and spur economic growth.
Caution minded since Argentine public opinion polls were so far off the mark during the August Primary mandatory elections which triggered the current major political and financial upheaval in the country...
By Kenneth Rogoff (*) - It’s high time to ask how to refocus the International Monetary Fund’s mandate for dealing with emerging-market debt crises. How can the IMF be effective in helping countries regain access to private credit markets when any attempt to close unsustainable budget deficits is labeled austerity?
Poverty in Argentina rose to 35.4% of the population in the first half of the year, the highest officially recorded level since 2001, the INDEC national statistics bureau reported today. This means that some 15.8 million Argentines are now considered poor, INDEC's data indicates. At the end of 2018, 32% of Argentines were said to be living in poverty.
By Andrés Bello (*) - Argentine President Mauricio Macri seems almost certain to lose his country’s presidential election next month, after committing the same kinds of economic policy mistakes that so many of his Peronist predecessors made. It is a tragic and catastrophically disappointing denouement.
Argentina’s embattled President Mauricio Macri took to the streets on Saturday with a defiant message: “Yes we can,” he told crowds of supporters in Buenos Aires as he looks to launch an unlikely comeback ahead of general elections next month.
The province of Mendoza has delivered to the Argentine ruling coalition of president Mauricio Macri a much needed great stimulus with its landslide governorship victory.
Argentina’s financial program with the International Monetary Fund (IMF) will be on hold for some time as the nation grapples with severe political and economic uncertainty, the Fund’s Acting Managing Director David Lipton said an interview.