Tag: Mauricio Macri

• Friday, March 22nd 2019 - 09:00 UTC

  Argentine economy contracted 2.5% in 2018, after shrinking 6.2% in fourth quarter

  

  Argentina’s economy contracted 2.5% in 2018, the official statistics agency said on Thursday, as the Latin American country’s leaders struggle to revive growth after being rattled by a currency crisis and steep inflation over the past year.

• Thursday, March 21st 2019 - 09:36 UTC

  Argentina, Chile, Paraguay and Uruguay re-launch bid for 2030 World Cup

  

  Argentina, Chile, Paraguay and Uruguay re-launched their bid to host the 2030 World Cup following a meeting of their presidents in Buenos Aires on Wednesday. The four national presidents committed to creating a local organizing committee with a representative from each country to coordinate with CONMEBOL, South American football's governing body.

• Tuesday, March 19th 2019 - 09:05 UTC

  Another corruption charge for ex president Cristina Fernandez: fraudulent import of liquid gas

  

  Argentina's former president Cristina Kirchner was charged in yet another corruption investigation on Monday, in this case over the fraudulent import of liquid gas. Judge Claudio Bonadio, who Cristina Kirchner accuses of political persecution, requested that the ex-president be placed in pre-trial detention, but her partial immunity as a senator shields her from imprisonment.

• Tuesday, March 19th 2019 - 08:50 UTC

  Macri admits his father was part of an extortion system during the Kirchner years

  

  Franco Macri's dealings with the former Kirchnerite governments amount to a “crime,” Argentine president Mauricio Macri declared on Sunday in a wide-ranging primetime interview that touched on corruption, influence peddling, the October elections, former president Cristina Fernández de Kirchner's legal situation and his recently deceased father, Franco.

• Tuesday, March 19th 2019 - 08:30 UTC

  Danish Royals visit Argentina with a delegation to promete business and trade

  

  Denmark's Queen Margrethe II and Crown Prince Frederik are spearheading an official state visit to Argentina which started this Monday ahead of a larger business delegation which seeks to make inroads in the country. 

• Saturday, March 16th 2019 - 09:56 UTC

  China and Argentina resume talks for the construction of a nuclear power plant

  

  A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling possible progress in a deal that could increase Beijing’s deepening influence in Argentina. Accordingly, the “technical team” from China would meet local suppliers about the long-stalled nuclear power plant project, reportedly worth up to US$8 billion.

• Friday, March 15th 2019 - 08:48 UTC

  Argentine inflation in February, 3.8% and 51% in twelve months; central bank new measures

  

  Argentina’s stubbornly high inflation accelerated again in February, the government said on Thursday, sparking the central bank chief to pledge new measures to rein in rising prices that have dogged the South American economy over the last year.

• Monday, March 11th 2019 - 09:43 UTC

  Governor of Argentina's shale gas and oil province reelected, defeating Macri and Cristina Fernandez candidates

  

  The governor of Argentina's Neuquen province, home to the vast Vaca Muerta shale gas and oil formation, easily won re-election on Sunday, defeating a candidate allied with President Mauricio Macri and another with former President Cristina Fernandez.

• Friday, March 8th 2019 - 08:58 UTC

  Argentina's Peso hit a record low to the dollar weakening 4%

  

  Argentina’s struggling currency hit a record low against the dollar on Thursday, weakening over 4% to close at 42.5 pesos per dollar, a challenge for President Mauricio Macri as he looks to right the economy ahead of elections in October.

• Monday, March 4th 2019 - 07:21 UTC

  Father of Argentine president and prominent businessman dies at age 88

  

  Franco Macri, the father of Argentina's president who migrated to the South American country from Italy as a teenager and went on to become one of its most prominent businessmen, died on Saturday, the president's office said. He was 88.