News of growth

Bored to tears or bored to fears?

04-09-2021 10:00 Perhaps what Kirchnerism abhors most about Switzerland is not only the neutrality but also the centrality of that landlocked country bang in the middle of Europe – an aversion to the middle ground upon which it will depend so much in the next couple of months.

Bullish about the economy, or just bull?

27-08-2021 21:24 Guzmán’s rosy indicators need to be seen against a backdrop of thousands of shuttered businesses, at least a quarter of a million permanent jobs lost and some three million people ejected from the middle class into poverty.

IMF improves Argentina's 2021 growth forecast to 6.4%

27-07-2021 17:06 Argentina's economy will grow 6.4% in 2021, predicts International Monetary Fund, citing higher export prices and improved vaccination rate.

World Bank forecasts 'modest recovery' for Latin America and Caribbean

09-06-2021 14:51 Latin America and the Caribbean will have "modest economic recoveries" in 2021, the World Bank has warned. Argentina's economy forecast to rebound 6.4% this year.

Weighed down by an entitlement culture

06-02-2021 09:50 Will Argentina be able to prosper in the brave new world that is coming our way? Not unless she manages to change lanes in the near future. As things stand, this is most unlikely to happen.

by James Neilson

Alberto’s 21st-century agenda?

30-01-2021 07:18 In order to imagine an avant garde agenda worthy of the 21st century, Argentina needs to fix its 20th-century problems.

by Agustino Fontevecchia

Cristina, Macri and Alberto - all of them took on debt

21-11-2020 08:38 Everyone loves to play the blame game, but let’s get one thing straight for the record: former presidents Cristina Fernández de Kirchner and Mauricio Macri both took on debt – and so has Alberto Fernández.

by Agustino Fontevecchia

Argentina legalises growing of cannabis for medical use by individuals

12-11-2020 18:31 By decree, the government legalises home cultivation of cannabis for medical use by individuals and small networks, as well as the sale of creams and oils made from the plant in pharmacies.

Billionaire-backed Argentine fintech Ualá launches in Mexico

29-09-2020 15:30 Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, expands beyond Argentina into Mexico.

Fernández's first Budget projects 5.5% growth in 2021

16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.

Good behaviour won't deliver Argentina from economic pain

03-06-2020 15:50 Argentina deserves debt relief, but also a credible way forward. The country still needs a path to growth, new investment and the prospect of fiscal reasonableness beyond the pandemic – and that is where the road map ends.

by Mac Margolis

Bank of America says Latin America’s economy to crash 6.8% this year

15-05-2020 15:55 Bank of America Corp expects Latin America’s economy to slump by 6.8 percent this year and warned that plans to reopen businesses are unlikely to go smoothly as new cases continue to soar.

Argentina's shrank 2.1% in 2019, reports INDEC

21-02-2020 18:00 Argentina's recession-hit economy shrank by 2.1 percent in 2019, the INDEC national statistics bureau announced Friday.

Barrick Gold, Shandong invest in Veladero mine in San Juan

14-02-2020 14:08 Barrick Gold and Shandong Gold are pursuing three strategic projects with the aim of extending the useful life of the Veladero mine until at least 2030: investment, employment and growth.

Brazil looks to India as trade with Argentina deteriorates

15-01-2020 23:26 Brazil sees a huge potential for its exports of food and commodities, and a chance to increase its US$7 billion in annual bilateral trade with India to US$25 billion in the next few years.

Blow for Fernández as crop windfall slips away

09-12-2019 13:42 President-elect needs all the help he can get to pull the country out of recession and make good on bond payments. But he faces a speed bump from the crop industry.