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Montevideo, April 23rd 2024 - 17:26 UTC

Tag: Sergio Massa

  • Monday, July 17th 2023 - 11:30 UTC

    Massa might have to travel to US to finalize deal with IMF

    Massa hopes “to pay the Fund and to make it leave Argentina”

    Argentine Economy Minister and presidential contender Sergio Massa might travel to the United States later this week to close an agreement with the International Monetary Fund whereby the global agency would give the South American country some US$ 8.5 billion, it was reported in Buenos Aires.

  • Monday, July 17th 2023 - 10:00 UTC

    Ushuaia celebrates the extension of its port terminal docking capacity

    Minister Sergio Massa and Tierra del Fuego governor, Gustavo Melella

    It's election time in Argentina and only a few weeks left, so ribbon cutting and inauguration of public works has become one of the main jobs of government officials. That is what happened over the weekend in Ushuaia during the ceremony, via video conference with Buenos Aires, officially opening the extension of the port terminal, an additional 104 meters docking capacity, together with equipment and increased storage facilities.

  • Thursday, July 13th 2023 - 10:56 UTC

    Argentina: “Blue” dollar pierces AR$ 500 barrier

    Meanwhile, Massa held a working meeting with senior executives of firms associated with the Japan Business Federation (Keidanren)

    The “blue” (a euphemism for “black market”) dollar Wednesday pierced the AR$ $500 barrier and set a new record high, it was reported in Buenos Aires. Meanwhile, the official exchange rate also went up despite the Central Bank (BCRA) selling some of its reserves.

  • Wednesday, July 12th 2023 - 10:08 UTC

    Argentina: “Blue” dollar hits new record high

    Massa is regarded as someone who can bring on stability

    The “blue” (a euphemism for “black market”) dollar closed at AR$ 493 / AR$ 498 (buy / sale) Tuesday, hitting an all-time high following an AR$ 5 increase so far this week, it was reported in Buenos Aires financial circles. At some point Tuesday it reached AR$ 499.

  • Monday, July 10th 2023 - 10:42 UTC

    Argentina: First segment of President Néstor Kirchner gas pipeline inaugurated

    In her speech, VP CFK insisted Argentina cannot pay its foreign debt by exporting commodities

    In an event marking togetherness within the ruling Unión por la Patria front ahead of this year's presidential elections, the first segment of the President Néstor Kirchner gas pipeline was inaugurated Sunday in Salliqueló, in the province of Buenos Aires.

  • Friday, July 7th 2023 - 10:16 UTC

    Massa holds online meeting with Egypt's finance minister

    Massa (L) and Maait also stressed the importance of not resorting to “generic recipes” that do not distinguish the particular realities of each country

    Argentina's Economy Minister Sergio Massa held a working online meeting Thursday with his Egyptian counterpart Mohamed Maait to coordinate policies in multilateral spaces aimed at promoting the inclusive development of middle-income countries, taking into account the challenges posed by the new global financial architecture, it was reported in Buenos Aires. The two countries' relationship with the International Monetary Fund (IMF) was also discussed.

  • Wednesday, July 5th 2023 - 10:26 UTC

    Mercosur leaders show support to Massa

    Argentina's current Economy Minister Massa may become the country's next president

    Presidents Luis Lacalle Pou of Uruguay, Luis Arce Catacora of Bolivia, Mario Abdo Benítez of Paraguay, Luiz Inácio Lula da Silva of Brazil, and Paraguay's President-elect Santiago Peña Tuesday showed strong support to Argentine Economy Minister Sergio Massa, a likely candidate to become President comes Dec. 10, on the sidelines of the 62nd Mercosur Summit in Puerto Iguazú.

  • Tuesday, July 4th 2023 - 10:55 UTC

    Argentina insists on local currency agreements within Mercosur

    “The use of local currencies in bilateral trade relieves the pressure on the use of reserves and on the exchange rate issue,” Massa argued

    Argentine Economy Minister Sergio Massa said Monday in Puerto Iguazú during a conference with his Mercosur peers on the opening day of the bloc's 62nd Summit in the province of Misiones, that “in order to strengthen intra-Mercosur trade, it is essential to consolidate local currency agreements among our countries.”

  • Tuesday, June 27th 2023 - 10:41 UTC

    Argentina: The Skyvan is “a symbol of the recovery of rights,” Massa says

    VP Cristina Fernández and Presidential hopeful Sergio Massa took center stage at the event marking the aircraft's arrival back to Aeroparque Jorge Newbery

    Argentine Economy Minister and presidential hopeful Sergio Massa Monday said the arrival back in the country of the former Coast Guard British-built Shorts Skyvan PA-51 aircraft used in the 1970s for the infamous death flights was “a symbol of the recovery of rights.”

  • Sunday, June 25th 2023 - 20:34 UTC

    One of these 13 people will be Argentina's next president

    Only 3 political spaces will actually choose their candidates at the PASO elections. The others have already advanced to the Oct. 22 first round

    After Saturday's deadline for registering candidacies, there are only 13 contenders left, one of whom will be Argentina's next president comes Dec. 10.