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Montevideo, November 22nd 2024 - 19:31 UTC

Tag: Mauricio Macri

  • Thursday, February 14th 2019 - 10:15 UTC

    “Food emergency” demand march in Argentine cities

     Since President Macri came to power in 2015, electricity bills have gone up 210% and gas 300%, following on the removal of significant subsidies

    Thousands took to the streets in 50 Argentine cities and towns Wednesday demanding that the government declare a “food emergency” and put an end to suffocating price increases. Since President Mauricio Macri came to power in 2015, electricity bills have gone up 210% and gas 300%. The government blamed the increase on the removal of significant subsidies in place under the previous administration.

  • Tuesday, February 12th 2019 - 10:30 UTC

    IMF mission in Argentina to collect data on compliance of the standby loan accord

    The head of the mission Roberto Cardarelli is scheduled to meet ministers, central bank officials, members of congress from the ruling coalition and opposition

    An IMF team is back in Buenos Aires to review the Argentine economy performance and how it is complying with the fiscal and monetary conditions established in the stand-by US$ 57 billion loan agreed last year. The head of the mission Roberto Cardarelli is scheduled to meet ministers, central bank officials, members of Congress from the ruling coalition and opposition, academia and different lobbies.

  • Tuesday, February 12th 2019 - 09:55 UTC

    Unexpected meeting of Uruguay and Argentina to address the Venezuelan situation

    Vazquez and Macri will meet on Wednesday at the Anchorena park, a twenty minutes helicopter flight from Buenos Aires

    Presidents from Uruguay and Argentina, Tabare Vazquez and Mauricio Macri, will be meeting on Wednesday to discuss an open agenda, but which according to Buenos Aires sources will be centered on the Venezuelan situation, where the two countries hold different positions. The meeting is scheduled to take place in Colonia, at the Anchorena Park, which is an official resting place of the Uruguayan Executive, and a twenty minutes helicopter flight distance from Buenos Aires.

  • Monday, February 4th 2019 - 08:05 UTC

    Macri on an ambitious trade and cooperation visit to India

    Macri's state visit will extend from February 17 to 19, in the framework of the 70th anniversary of diplomatic relations  (Photo file G20)

    Argentine president Mauricio Macri will be visiting India from February 17 to 19 as part of an ambitious bilateral agenda to expand trade and cooperation in a range of sectors including renewable energy, nuclear energy, space and agriculture, aviation, mining (lithium, gold and copper), pharmaceuticals and automobiles.

  • Saturday, February 2nd 2019 - 08:59 UTC

    Argentine central bank “ready” to counter surprises ahead of this year's presidential election

    Economic volatility is common during election years in Argentina, which has one of the highest inflation rates in the world at nearly 50% last year.

    Argentina’s central bank has sufficient dollar firepower to deal with a spike in demand for the greenback if uncertainty over the country’s upcoming presidential election prompts another run on the peso, bank sources said on Friday.

  • Saturday, January 26th 2019 - 08:35 UTC

    Macri and Sala's family request the search for missing Cardiff City Emiliano to resume

    “President Macri instructed foreign minister Faurie to make a formal request to the governments of Great Britain and France to ask them to maintain search efforts.”

    Argentine president Mauricio Macri has joined calls for the search for missing Cardiff City footballer Emiliano Sala to resume. Macri told his foreign minister to issue formal requests to Britain and France, according to a statement from his office.

  • Saturday, January 19th 2019 - 09:13 UTC

    Argentina complies with IMF 2018 primary fiscal deficit target: 2.4% of GDP

    Dujovne said primary fiscal deficit, which excludes debt payments, of 338.987 billion pesos (US$ 8.992 billion) last year, equivalent to 2.4% of GDP

    Argentina outperformed its primary fiscal deficit target for 2018, Economy Minister Nicolas Dujovne said on Friday, assuring that the country’s standby finance deal with the International Monetary Fund remains on track.

  • Thursday, January 17th 2019 - 07:42 UTC

    Bolsonaro and Macri agree to “review and perfect” Mercosur, and advance trade talks with EU

    The two leaders meeting for the first time underlined their opposition to Venezuela's authoritarian regime, and Macri called Nicolas Maduro a “dictator”

    Brazil’s president Jair Bolsonaro and Argentina’s president Mauricio Macri said they agreed to continue integrating their economies (number one and two in South America), as strategic partners, by “perfecting” the Mercosur trade block and pressing ahead with negotiations that are already underway, such as the ongoing free trade and cooperation agreement with the European Union.

  • Tuesday, January 15th 2019 - 09:23 UTC

    Macri praises Chinese investment in hydropower projects in Patagonia

    “The truth is that this project is going to mark a turning point for Patagonia, for Argentina ... it is going to generate energy for 1.5 million homes” Macri said

    Argentina's president Mauricio Macri on Monday said the joint Argentina-China hydropower megaproject is “highly important” and “emblematic” in terms of renewable energy and economic development. Macri made the remarks during his first official visit to the construction site of the project, where two hydroelectric dams, Condor Cliff and La Barrancosa, are being erected along the Santa Cruz River in Patagonia to boost national energy output.

  • Tuesday, January 15th 2019 - 09:08 UTC

    Macri flies to Brazil for a first face to face meeting with Bolsonaro

    Macri's Argentina, in recession, needs to tap into Brazil's recent growth to boost its exports which since 2013 have been slowing

    Argentine President Mauricio Macri will hold talks with his new Brazilian counterpart Jair Bolsonaro on Wednesday likely to center on consolidating trade ties between South America's two biggest economies, officials said. Battling recession and seeking re-election this year, Macri needs to boost Buenos Aires's side of a steep trade imbalance with its main trading partner.