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MercoPress, en Español

Montevideo, November 22nd 2024 - 08:28 UTC

Tag: Sergio Massa

  • Friday, February 17th 2023 - 08:05 UTC

    Massa holds meeting with Indian Ambassador in Buenos Aires

    Massa and Bhatia discussed next month's meeting of G-20 economy ministers among other issues

    Argentina's Economy Minister Sergio Massa Thursday met with India's Ambassador to Buenos Aires Dinesh Bhatia to discuss the South American country's participation in the G-20 economic meeting and move forward in the use of local currencies for bilateral trade.

  • Tuesday, February 14th 2023 - 10:33 UTC

    January inflation in Argentine higher than expected

    Many measures adopted by Economy Minister Sergio Massa are backfiring ahead of this year's presidential elections

    Argentine authorities are admitting that inflation in January of 2023 was “high” and that in that scenario meeting the targets agreed upon with the International Monetary Fund (IMF) will not be easy. At the same time, Economy Ministry teams were reported to be planning new batches of measures to reverse the negative impact of prices going up, it was reported in Buenos Aires.

  • Thursday, January 26th 2023 - 18:33 UTC

    Massa signs deal with FAO chief Qu Dongyu

    Massa and Dongyu reviewed the international context of the food market

    Argentina's Superminister of Economy and Production Sergio Massa signed an agreement with Food and Agriculture Organization of the United Nations (FAO) Director General Qu Dongyu during the latter's trip to Buenos Aires for the VII Community of Latin American and Caribbean States (Celac) Summit.

  • Thursday, January 19th 2023 - 07:50 UTC

    Argentine announces repurchase of debt bonds

    Massa's measure seeks to boost the price of Argentine bonds in a move to nudge investors in that direction, thus deflating the “blue” dollar

    Argentina's Superminister of Economy, Agriculture, and Production Sergio Massa Wednesday announced he had instructed his team to launch a “debt repurchase” process for over US$ 1 billion “to improve the debt profile and continue lowering the country risk,” while bringing it closer to accessing foreign credit.

  • Friday, January 6th 2023 - 19:33 UTC

    Argentina lifts export duties for automotive exports

    “We want to reward the production of Argentine labor,” Massa explained

    Argentina's Economy Sergio Massa has announced that exports linked to the so-called automotive chain will not be charged in 2023 the additional duties applicable to other products sold abroad. Automotive exports are expected to grow between 10 and 15% this year after a 23.5% output increase in 2022.

  • Wednesday, December 28th 2022 - 08:29 UTC

    Massa among world's top economy personalities of 2022, says Folha

    Massa (L) became some sort of prime minister who saved Alberto Fernández'(R) s government from a political crisis, Folha said

    Argentina's Sergio Massa has been named among the 10 most influential people of the year in the economic and financial world by the leading Brazilian newspaper Folha de Sao Paulo. The list also includes Elon Musk, Jerome Powell, Bernard Arnault, and Christine Lagarde.

  • Saturday, December 17th 2022 - 09:51 UTC

    “Soybean dollar 2” working as planned for Argentine authorities

    The special exchange rate and a global shortage are yielding positive results

    Argentina's new version of the “Export Increase Program” (PIE) has resulted in US$ 1.824 billion worth of soybeans sold abroad, which nearly meets the government's target, it was reported Friday in Buenos Aires.

  • Tuesday, December 13th 2022 - 08:48 UTC

    World Bank US$ 200 million to help close the digital divide in Argentina

    “Strengthening data infrastructure to close the digital divide in Argentina” according Massa

    The World Bank approved a US$ 200 million loan to support Argentina's digital transformation and the closing of the digital divide by expanding the connectivity offer, building a network of data centers, and implementing digital skills training for individuals and enterprises.

  • Tuesday, December 6th 2022 - 10:03 UTC

    Argentina signs deal with US regarding undeclared taxpayers' assets

    All accounts will be reported, regardless of their size

    Argentina's Superminister of Economy, Industry, and Agriculture Sergio Massa Monday signed an agreement with US Ambassador Marc Stanley for the automatic exchange between the two countries of information about undeclared assets owned by local taxpayers.

  • Monday, November 28th 2022 - 21:49 UTC

    Caps on fuel prices announced to curb Argentina's inflation

    Gasoline went up far below overall inflation

    Argentina's Superminister of Economy, Industry and Agriculture Sergio Massa reached an agreement with oil companies whereby fuel joins the list of care-for prices. Hence, the price at pumps may not go up above a 4% monthly ceiling until March, it was announced in Buenos Aires.