News of economy fernandez

Fernández calls for Argentina's incorporation into the BRICS group

24-06-2022 13:15 BRICS members said in a declaration issued late Thursday that they "support talks between Russia and Ukraine" but did not lay out a pathway towards ending the war.

Cristina Fernández de Kirchner’s ‘stupid state,’ piqueteros and inflation

24-06-2022 10:53 A lot of what Argentina’s vice-president says appears sound, but when put in context, it becomes nothing more than a series of half-truths.

by Agustino Fontevecchia

Fernández, Guzmán seek special tax on Ukraine war windfall profits

06-06-2022 21:34 Reacting to tensions in the ruling coalition, President Alberto Fernández vows to move ahead with windfall profits tax and tells Congress it has the “obligation to support” the bill.

Manzur tells senators: Inflation is Argentina’s ‘main problem’

02-06-2022 20:52 Eight-and-a-half months after taking office, Cabinet chief delivers first management report before Senate, warning that attempts to tackle price hikes will take some time.

Can’t see the forest for the trees

21-05-2022 06:01 The internal struggles between Alberto and Cristina, along with the rift with the opposition, trivialise the issue of export duties and other much needed reforms that would allow Argentina to unlock its potential.

by Agustino Fontevecchia

Argentina looks to Spain as an entry point for its gas to Europe

10-05-2022 16:33 Argentina intends to sell gas to Europe in the coming years and Spain could be its gateway, President Alberto Fernández tells Spanish Prime Minister Pedro Sánchez in Madrid.

Argentina’s inflation surged to 20-year high in March

13-04-2022 21:07 Consumer prices in Argentina rose 6.7% in March, up 55.1% over past year; Rift between top two political leaders hampers inflation fight.

Argentina, Bolivia call for preservation of democracy in Peru

07-04-2022 23:14 Luis Arce and Alberto Fernández express "concern" over events in Peru and called for “the attention of all Latin American leaders” to be directed at the troubled nation.

War in Ukraine has Argentina reverting to protectionist playbook

19-03-2022 19:16 Argentina's government is once again meddling in export markets, this time as a result of Russia’s invasion of Ukrain.

President Fernández calls for extraordinary steps to tackle inflation

19-03-2022 19:09 Peronist leader says his ministers would start rolling out new measures immediately against inflation.

Argentina inks US$45-billion staff-level IMF deal in key step

03-03-2022 21:02 Staff-level accord, which includes commitments to narrow fiscal deficit and money-printing while unwinding energy subsidies, will seek to address “persistent” high inflation and public finances.

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.

Guzmán’s wet dream

28-01-2022 22:14 It isn’t entirely clear whether this is a good or a bad agreement for Argentina, but there should be no doubts that the beleaguered nation needed to reach some sort of deal with the IMF ahead of an impossible debt calendar.

by Agustino Fontevecchia

Trip to Russia, China puts Argentina’s ‘círculo rojo’ on orange alert

28-01-2022 17:07 Concerns among the group of influential decision-makers dubbed the “círculo rojo” are increasing, with unrest over the president’s tour destinations and doubts over a new IMF deal.

Pressure for IMF-Argentina deal as 2022 payments loom

27-01-2022 16:15 With US$730 million due to the International Monetary Fund this Friday, Argentina starts a schedule of payments totalling US$19 billion for 2022.

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.

Fernández de Kirchner slams ‘Pandemia Macrista’ in latest letter

21-01-2022 23:14 With IMF talks entering crucial stage, vice-president’s latest letter declares controversially that “Macri’s pandemic cost more than Covid-19."

Andrés Manuel López Obrador calls on IMF to offer 'fair' deal to Argentina

21-01-2022 23:05 Andrés Manuel López Obrador calls on IMF to take "responsibility" for 2018 loan to Macri's government, which Mexican leader says "aggravated" Argentina's economic and financial crisis.

Guzmán: ‘IMF risks losing legitimacy if Argentina destabilises’

18-01-2022 14:14 Economy Minister Martín Guzmán discusses ongoing talks with the International Monetary Fund and warns the lender risks losing credibility if it "pushes" the country "into a destabilising situation."

Fernández accuses IMF of seeking to ‘impose austerity’ on Argentina

11-01-2022 11:04 President Alberto Fernández accuses IMF of seeking to “impose” a programme of “austerity” on Argentina that would limit future growth.