News of cut

Central Bank lowers rate to 32% on price expectations

06-12-2024 00:10 Argentina’s Central Bank cut its benchmark interest rate by 300 basis points to 32 percent as inflation expectations fall.

MONETARY POLICY

Central Bank cuts interest rate for sixth time to 40% as inflation slows

14-05-2024 20:32 Argentina cut its benchmark interest rate Tuesday for a sixth time under President Javier Milei.

FOREIGN POLICY & DIPLOMACY

President Milei cuts short international trip over Mideast crisis

13-04-2024 21:56 President Javier Milei is ending his international trip early to handle his country's response to the crisis in the Middle East.

DIPLOMATIC ROW

Ecuador in diplomatic storm after raid at Mexican Embassy

07-04-2024 09:14 Ecuador slammed by Latin American peers after police storm the Mexican Embassy in Quito to arrest former vice-president Jorge Glas.

economy

How Javier Milei would cut Argentina spending by 14% of GDP

25-09-2023 09:15 Javier Milei’s fiscal belt tightening would focus on slashing expenditures on subsidies for utility bills, like gas, electricity and water, as well as federal government transfers to poor provinces.

ECONOMIC POLICY

First South American central bank to cut says caution needed

09-06-2023 12:31 Uruguay to keep restrictive policy even with more rate cuts; Economy will probably grow around 2% this year.

CENTRAL BANK

Argentina considers first rate hike since September after inflation hit 103%

16-03-2023 08:58 Argentina’s Central Bank is considering raising its benchmark rate for the first time since September, according to two people with direct knowledge.

MASSIVE OUTAGE

Sabotage suspected in fire that cut power to half of Argentina

02-03-2023 19:03 Burn patterns at the scene imply saboteurs set fire to land right beneath the power line, according to a top government official.

CORTE DE LUZ

Calls for investigation after power cut plunges millions into darkness

01-03-2023 23:49 A massive power cut caused by a fire near high-voltage power lines affected millions of people across the country for at least two hours, authorities stated; Economy Minister Sergio Massa hints at foul play, calls for in-depth investigation into events leading up to outage.