BLOOMBERG Default jitters mount in Argentina as local yields top 70% Yesterdat 13:12 Two years after Argentina emerged from its latest default, a debt crisis in brewing once again.
DEBT SWAP Guzmán surprises markets with last-minute debt bond swap 23-06-2022 00:00 Economy Ministry eases 60% of June debt burden in local swap, drastically reducing pressure on the government; Government makes US$2.7-billion payment to IMF.
BLOOMBERG Argentina eases 60% of June debt burden in local swap 22-06-2022 23:12 Economy Ministry exchanges 358 billion pesos (US$2.9 billion) in local securities due at the end of the month for new notes maturing later this year; Move reduces pressure on government to reach key rollover tender next week.
FOOTBALL IN ARGENTINA Tevez's uneasy arrival at Rosario Central points to roller-coaster ride 22-06-2022 22:25 Tevez's Central stint looks set to be a roller-coaster ride on and off the pitch – as usual the star is unlikely to ever be very far from the headlines. by Dan Edwards
FOOTBALL IN ARGENTINA Carlos Tevez confirmed as new manager of Rosario Central 21-06-2022 19:20 Carlos Tevez was named as the new manager of Rosario Central on Tuesday, a fortnight after confirming his retirement as a player.
MONETARY POLICY Argentina raises benchmark rate to 52% as inflation stays hot 16-06-2022 16:54 Central Bank raises benchmark interest rate for the sixth time this year as the government struggles to cool inflation expectations.
FOOTBALL IN ARGENTINA Top-flight teams try to compete with transfer rumblings 16-06-2022 10:57 The rumblings of the rumour mill are creating some tantalising potential transfers, including Luis Suárez to River and Arturo Vidal to Boca. Meanwhile, Carlos Tevez looks set to step into coaching with Rosario Central. by Dan Edwards
BLOOMBERG Argentina finishes first IMF review as path to targets may shift 09-06-2022 09:07 IMF staff and Argentine authorities agree that the annual objectives established at approval of the arrangement will remain unchanged.
INTERVIEW / PERIODISMO PURO Hernán Lacunza: 'The healthy antidote for avoiding capital flight is confidence' 03-06-2022 10:27 Former economy minister Hernán Lacunza on the IMF debt agreement, eyeing short-term fetishes instead of solutions and capital flight. by Jorge Fontevecchia
FEATURE With 58% inflation, nobody in Argentina knows the price of anything 31-05-2022 12:47 With inflation at 58% and accelerating, Argentina's economy is an outlier even in a world where prices are taking off almost everywhere.
BLOOMBERG Argentine firms cut from dollar access rush to refinance debt 20-05-2022 13:39 Local firms begin to refinance debt due next year as they lose faith Central Bank will roll back restrictions that limit access to dollars.
BLOOMBERG Dollar bonds yielding 0% are minting money for Argentine banks 13-05-2022 16:14 Banks have latched on to a lucrative trade that produces all-but-guaranteed profits while also allowing local corporations to sell dollar bonds paying coupons as low as zero percent.
BLOOMERG Central Bank raises key rate to 49% as inflation jumps 12-05-2022 20:19 Central Bank to raise interest rates for the fifth time this year in a bid to keep up with rising inflation.
BLOOMBERG Argentina slams brake on crypto, banning purchases through banks 06-05-2022 08:39 Central Bank bans financial institutions from offering clients any operations involving unregulated digital assets, effectively banning engagement with cryptocurrencies.
BRAZILIAN ECONOMY Brazil hikes key interest rate 10th straight time 04-05-2022 21:13 Brazil's Central Bank raises key interest rate for the 10th straight time, trying to tame surging inflation that has proved tough to slow for policy makers.
BLOOMBERG Central Bank raises key rate to 47% as inflation soars 13-04-2022 20:52 Central Bank raises interest rates for the fourth time this year after inflation data shows prices increasing at the fastest monthly pace in 20 years.
ECONOMIC INDICATORS Economy misses fourth-quarter estimates, but has record year 24-03-2022 14:45 GDP rose 10.3% in 2021, the best performance since the series began in 2004, according to official data.
CENTRAL BANK Argentina's Central Bank raises key rate to 44.5% as inflation heats up 23-03-2022 15:42 Central Bank raises benchmark rate for the third time this year as inflation continues to speed up.
INTERVIEW / PERIODISMO PURO Federico Sturzenegger: ‘Once the Central Bank is independent, the planets align’ 10-03-2022 15:50 Economist Federico Sturzenegger on his time leading the Central Bank, Economy Minister Martín Guzmán and Argentina’s IMF debt deals in 2018 and 2022. by Jorge Fontevecchia
'MARCH THE TERRIBLE' Sense of dread grows in Argentina with difficult March ahead 18-02-2022 18:52 Crucial factors come into play next month. Soaring inflation, strained reserves, debate over the IMF deal and public-service tariffs are making March into a pressure cooker.
BLOOMBERG Argentina’s Central Bank raises key rate to 42.5% 18-02-2022 03:00 Second rate hike this year; IMF staff have called for interest rates in Argentina to exceed annual inflation.
Bloomberg Argentina’s 50% inflation has crypto credit cards booming 16-02-2022 20:41 With inflation surging at a more than 50% annually, cryptocurrency exchange Lemon Cash plans to increase issuance of Bitcoin rewards cards this year.
ECONOMIC INDICATORS Inflation reached 3.9% in January, lifting annual rate to 50.7% 15-02-2022 22:08 Consumer prices rose 3.9% in January as inflation accelerated for a second straight month, the INDEC national statistics bureau reported on Wednesday.
BLOOMBERG – ANALYSIS Inflation accelerates for second straight month 15-02-2022 21:55 Argentina’s inflation accelerated for the second consecutive month in January as the Central Bank sped up the pace of its controlled currency devaluations.
Global pandemic Covid-19 in the Americas: Cases fall in several countries, but deaths rise 10-02-2022 13:00 Covid-19 infections are beginning to decline in several countries in the Americas, but deaths have increased, the Pan American Health Organisation said Wednesday.
PRICE RISES IN AMERICAS Brazil posts highest January inflation rate since 2016 09-02-2022 16:50 Brazil's inflation rate slowed in January, but still came in at the highest level for the month since 2016, the government said Wednesday.
Bloomberg The carry trade is minting big returns in Latin America again 09-02-2022 15:32 The carry trade is roaring back in Latin America, home to some of the world’s most aggressive inflation-fighting central banks.
Central America Deal ends Honduran legislative crisis as rebel backs down 08-02-2022 13:57 A legislative crisis that threatened the presidency of Honduras' first woman president is resolved as rebel lawmaker signs deal to withdraw his claim to be speaker of Congress.
FINTECH Central Bank chief Miguel Ángel Pesce: ‘Not all fintechs are the same’ 04-02-2022 01:15 Central Bank chief Miguel Ángel Pesce responds to questions on fintech and their regulation in Argentina. Extract taken from recent interview with Perfil's Jorge Fontevecchia. by Jorge Fontevecchia
INTERVIEW / PERIODISMO PURO Miguel Ángel Pesce: ‘The IMF agreement reduces uncertainty’ 04-02-2022 01:08 Miguel Ángel Pesce, head of Argentina’s Central Bank, on the IMF deal, the currency swap with China and President Alberto Fernández’s chances of re-election. by Jorge Fontevecchia
NEW FINANCING PROGRAMME Government reaches new US$44.5-billion agreement With IMF 28-01-2022 13:20 Argentina has reached an initial agreement worth US$44.5 billion with the International Monetary Fund in an attempt to stabilise its economy.
INFLATION ON RISE Chile's Central Bank hikes rates again as inflation hits 14-year high 27-01-2022 08:06 Chile's Central Bank announces a third successive hike in its benchmark interest rate in a bid to contain inflation, which is at a 14-year high.
CENTRAL AMERICA Xiomara Castro to be sworn in as first woman president of Honduras 27-01-2022 08:01 Honduras' president-elect Xiomara Castro made a last ditch attempt late Wednesday night to solve a congressional crisis, just hours left before her inauguration as the country's first female leader is due to take place.
BLOOMBERG Argentina asks China to expand yuan swap to strengthen reserves 26-01-2022 13:48 Argentina has already requested the increase and the topic will be discussed next week in Beijing with Chinese President Xi Jinping when President Alberto Fernández travels there for the Winter Olympics, a second person said.
CRYPTOCURRENCIES IMF urges El Salvador to remove Bitcoin as legal tender 25-01-2022 18:45 The IMF on Tuesday called on El Salvador to change course and stop using Bitcoin as legal tender, citing "large risks" posed by the cryptocurrency.
CENTRAL AMERICA Honduras political crisis deepens ahead of president-elect's swearing-in 25-01-2022 18:18 Argentina's Vice-President Cristina Fernández de Kirchner due to attend president-elect Xiomara's Castro's swearing-in ceremony in two days.
Bloomberg Barclays: Argentina's needed stabilisation plan 'unlikely' soon 19-01-2022 08:14 Argentina needs "an ambitious plan" for sustainable growth that includes a fiscal consolidation plan, monetary reform and structural reforms, says Barclays economist.
PREVIAJE PROGRAMME Santa Claus does not exist – but the tourist industry does 07-01-2022 23:08 Tourism & Sports Minister Matías Lammens responds directly to Federico Sturzenegger’s critique of the government's Previaje scheme. by Matías Lammens
PREVIAJE PROGRAMME There is no Santa Claus! 07-01-2022 23:06 Former Central Bank governor gives his take on the national government’s Previaje programme. by Federico Sturzenegger
BLOOMBERG Central Bank hikes rate for first time in a year 07-01-2022 01:41 Argentina raised its benchmark interest rate for the first time in over a year as it faces calls from the International Monetary Fund to tighten its monetary policy.
BRAZILIAN ECONOMY Brazilian families slammed by debt, inflation 06-01-2022 12:04 Even though 2021 had been anticipated as the year of economic recovery in Brazil, high inflation and the complications derived from the pandemic, are forcing Brazilians to get more and more into debt, despite the rising interest rates.
FOOTBALL IN ARGENTINA Barracas Central win penalty shoot-out and promotion to Argentina's top flight 22-12-2021 11:54 Barracas Central were promoted to Argentina's top flight on Tuesday after defeating Quilmes on penalties after a scrappy scoreless play-off final.
BLOOMBERG Brazil's economy risks extending recession as October disappoints 15-12-2021 16:15 Brazil’s economy had a bad start to the fourth quarter, underscoring risks of an extended recession as policy makers further tighten monetary policy to battle above-target inflation.
Bloomberg Argentina’s Central Bank weighs rate hike amid IMF talks 15-12-2021 09:12 Central Bank weighing first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the IMF.
BLOOMBERG Argentina inflation cools as IMF eyes monetary policy shift 14-12-2021 17:49 Inflation cooled last month as the government’s strategy to tackle persistently high prices becomes a focal point of negotiations with the IMF.
PRICE RISES Brazil's inflation rate hits 18-year high 10-12-2021 12:41 Brazil's annual inflation rate hit an 18-year high of 10.74% in November.
CRISIS IN NICARAGUA OAS finds Nicaragua in breach of the Inter-American Democratic Charter 10-12-2021 03:26 Argentina abstains in Organisation of American States vote against Daniel Ortega’s regime.
CRIME & SECURITY Three police officers charged with killing of Lucas González 07-12-2021 16:46 Three City police officers – Gabriel Alejandro Issasi, Juan José Nieva and Fabián Andrés López – remanded in custody and charged with killing 17-year-old Lucas González last month.
CRIME & SECURITY Autopsy report raises further questions about Lucas González’s death 03-12-2021 23:38 Lawyer for family claims 17-year-old killed by police officers in Barracas was “tortured” after autopsy identifies cigarette burn on hand.
FOOTBALL: MATCH-FIXING CLAIMS Villa Dálmine lets 16 players go as spotlight falls on play-off defeat 03-12-2021 01:55 Second-tier side Villa Dálmine lets 16 players go in wake of play-off defeat to Barracas Central. Allegations of match-fixing emerge, or are the players being punished for a bad performance?