Tag: Mauricio Macri

• Monday, October 12th 2020 - 09:34 UTC

  IMF mission concludes a preliminary “exploratory” visit to Argentina

  

  An International Monetary Fund mission concluded a visit to Argentina on Sunday, after several days of preliminary talks aimed at repaying about US$ 44 billion owed by the cash-strapped government to the fund.

• Saturday, May 30th 2020 - 08:55 UTC

  Prosecutors open investigations into allegations ex president Macri spied on political opponents

  

  Prosecutors in Argentina have opened an investigation into allegations that former president Mauricio Macri spied on political opponents during his four years in office, judicial sources reported on Friday.

• Thursday, February 27th 2020 - 07:50 UTC

  Argentine farmers with a “deep sense of deception”, ahead of grains export tariffs

  

  Argentina's Ministry of Agriculture suspended on Wednesday the registration of agricultural exports until further notice, it said in a statement, a move that traders said likely foreshadowed a steep increase in grains export tariffs.

• Saturday, February 22nd 2020 - 10:15 UTC

  Could China end going to the rescue of crisis-prone Argentina?

  

  Argentina is thought to be on the brink of falling into its ninth sovereign default, prompting some analysts to speculate whether the crisis-prone South American country might be tempted to accept funding from China.

• Saturday, February 22nd 2020 - 10:08 UTC

  Argentina economy shrinks two years running, 2.1% in 2019 after 2.5% in 2018

  

  Recession-hit Argentina's economy shrank by 2.1% in 2019, the state statistics institute said on Friday. The institute said the economy contracted by 0.3% in December compared to the same period in 2018.

• Tuesday, February 18th 2020 - 06:55 UTC

  IMF chief denies any haircut on the Argentine loan; Alberto Fernandez questions the decision

  

  The International Monetary Fund, as the lender of last resort, won’t offer a haircut on its Argentina loan after Vice President Cristina Fernandez de Kirchner called on the institution to take a loss.

• Tuesday, February 18th 2020 - 06:32 UTC

  FT: “Argentina needs a plan for investment-led growth”

  

  The Financial Times dedicated on Monday an editorial to Argentina and its current strategy to avoid again defaulting by pressing on the IMF, and later on sovereign bondholders, for a significant haircut in its national debt approaching 90% of GDP. However, FT points out that “debt talks are unlikely to succeed without a strategy for economic revival”

• Friday, February 14th 2020 - 20:46 UTC

  Cristina Fernández/IMF controversy over the Fund's responsibility in Argentina' flight of capital

  

  Argentine vice-president Cristina Fernandez de Kirchner insisted in her criticism of the IMF for the alleged violation of its statutes by awarding the previous Argentine administration of president Mauricio Macri a disproportionate credit, despite the fact the Fund rejected the accusation and ratified that no debt shaving is possible under its rules.

• Saturday, February 1st 2020 - 08:55 UTC

  Pope Francis and president Alberto Fernandez examined Argentine problems

  

  A smiling Pope Francis welcomed the new president of Argentina, Alberto Fernández, to the Vatican on Friday morning and then spoke with him in a private audience for 45 minutes, signaling that good relations exist between the two leaders and suggesting that this could perhaps open the door for the pontiff’s first visit to his homeland since his election—though the president later said they did not discuss this.

• Wednesday, January 29th 2020 - 08:57 UTC

  “Cristina Fernandez, the most brilliant woman of Argentine history”, praise from Macri's electoral advisor

  

  He was considered the guru of Argentine electoral campaigns, the man who helped Mauricio Macri jump from president of one of the two most popular soccer teams in the country, to twice mayor/governor of the City of Buenos Aires and finally to occupy during four years the Pink House, Casa Rosada, defeating the hegemonic Peronist movement.