News of finance

Brazil’s inflation expectations level off after fiscal plan

03-04-2023 12:08 President Luiz Inácio Lula da Silva’s government presents a highly-anticipated fiscal rule proposal to help control the growth of public debt.  

Credit agencies disbursed a record amount to Argentina in 2022

10-02-2023 11:26 More than US$5 billion in funds were transferred to Argentina last year from multilateral lenders, declared Economy Ministry in new report.

Argentina AySA deal said to have critical mass to deter holdouts

03-12-2022 08:14 Any creditors considering holding out for a better deal in a debt restructuring offer from Argentina’s state-owned water utility AySA should probably think again. 

Analysts forecast 6% November inflation for Argentina

01-12-2022 11:35 Experts in the private sector believe inflation has cooled slightly from previous month, but it won’t be such a marked slowdown.

by Lorena Rodríguez

Government creates new exchange rate for provincial economies

07-11-2022 17:13 Economy Minister Sergio Massa says government will create new temporary exchange rate for provincial economies.

Brazil to propose IMF’s Goldfajn to lead regional bank IDB

17-10-2022 13:57 Top Brazilian officials look to former central bank president to head the multilateral lender.

Central Bank set to hike rates again on price spike

01-09-2022 01:54 Central Bank set to increase benchmark Leliq rate again next month as annual inflation rises above 70%.

PIX, the e-payment system revolutionising Brazil

29-08-2022 16:13 In under two years, PIX has become the most popular form of payment in Brazil, surpassing credit and debit cards.

Ghislaine Maxwell sentenced to 20 years for sex crimes

28-06-2022 17:06 A friend to British royalty who romanced billionaires and dazzled elites, Ghislaine Maxwell was once the toast of the jet-set party circuit, a knows-everybody socialite with an aura of mystique. But now she will spend 20 years in prison.

Nicolás Dujovne: ‘This government’s economic programme is inflationary’

17-06-2022 08:00 Former economy minister Nicolás Dujovne on the Cambiemos administration, the IMF debt deals and Argentina’s ongoing struggle with inflation.

by Jorge Fontevecchia

Congress greenlights debt deal – ball now in IMF’s court

18-03-2022 21:46 US$45-billion agreement signed into law by president; Deal now needs approval by IMF’s Executive Board.

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.

When budget rhymes with ‘fudge it’

18-12-2021 07:32 In Argentina the budget continues to be something of a bad joke.

Argentine fintech start-up Ualá starts its own brokerage service

08-12-2021 08:51 Company to allow dollar purchases at parallel exchange rate; Start-up is ramping up investment after last funding round.

We need archaeologists in Congress

02-11-2021 07:00 Argentina’s new legislators will be 'archaeologists' of the laws.

by Federico Sturzenegger

In a win for Argentina, G20 statement to mention IMF surcharges

30-10-2021 17:15 In a diplomatic nod to Argentina, leaders at the G20 Summit in Rome are planning to task their finance chiefs to look at the surcharge policy at the International Monetary Fund.

As COP26 nears, the toughest goals are still out of reach

25-10-2021 09:51 With seven days to go until global climate talks kick off in Glasgow, the chances of success remain decidedly mixed.

Pre-election jitters send blue dollar, country risk rate soaring

22-10-2021 21:56 Peso weakens in parallel and informal exchange rates, sending JP Morgan ‘country risk’ rate soaring.

Chile's opposition accuses President Piñera after Pandora Papers report

06-10-2021 13:01 Opposition lawmakers in Chile said Tuesday they will present a parliamentary charge that could lead to the removal of President Sebastian Piñera following allegations related to the Pandora Papers leak.

Pandora Papers: the latest mega leak on tax-dodging

06-10-2021 09:35 The Pandora Papers leak is the latest – and biggest – to shine a light on tax evasion of the rich and powerful from the whistleblowing International Consortium of Investigative Journalists (ICIJ).