News of guzman

Covid tsunami

10-04-2021 08:52 The second wave is here and it already looks challenging. A winter of discontent looms ahead of the midterm elections.

by Martín Gambarotta

GRIDLOCKED

‘Imbeciles,’ restrictions and elections

10-04-2021 08:06 It is common to hear people in Argentina complaining that issues have become politicised, meaning that powerful people representing conflicting interests have gridlocked an issue.

by Agustino Fontevecchia

IMF DEBT TALKS

Guzmán: IMF credit line deal will not be finalised before May

05-04-2021 10:28 Economy Minister Martín Guzmán says a plan with the International Monetary Fund to repay US$45 billion in debt won’t be finalised by May or June.

IMF DEBT TALKS

Fernández: IMF debt is 'unpayable' and terms must be renegotiated

28-03-2021 21:53 President Alberto Fernández said on Sunday that the Argentina's debt with the International Monetary Fund is "unpayable" in its original form.

EDITORIAL

Method in the madness or madness as method?

27-03-2021 09:01 Cristina Fernández de Kirchner stole the show this week with her explosive dismissal of repaying the International Monetary Fund as “unacceptable” and “impossible” – shooting her mouth again or deliberate sabotage?

THE WEEK

What we learned this week: March 20 to 27

27-03-2021 08:57 The pick of the stories that caught our eye over the last seven days in Argentina.

THE WEEK

Pay no more revisited

27-03-2021 08:18 The urgent question is whether CFK and Guzmán are on the same team and executing some kind of coordinated play to eventually force a deal with the IMF.

by Martín Gambarotta

OLD HABITS DIE HARD

Mauricio and Cristina take centre-stage

27-03-2021 07:38 Both former presidents are both playing their games and talking to their people. The problem is we’re stuck in the middle.

by Agustino Fontevecchia

IMF DEBT TALKS

'We can't pay' – CFK puts US$45-billion IMF debt talks into doubt

27-03-2021 07:21 With Economy Minister Martín Guzmán in Washington for meetings with IMF staff members, Vice-President Cristina Fernández de Kirchner makes explosive intervention into restructuring talks.

IMF DEBT TALKS

IMF and Argentina find common ground amid CFK's bombshell remarks

26-03-2021 10:02 Argentina and IMF coordinate messaging on principles that could underpin country’s programme, a day after Vice-President Cristina Fernández de Kirchner put the deal in doubt.

IMF DEBT TALKS

IMF says 'progress' made after Guzmán visit

25-03-2021 18:09 Mixed messages all round as IMF says it has "made progress" with Economy Minister Martín Guzmán, despite comments from Vice-President Cristina Fernández de Kirchner.

IMF DEBT TALKS

‘Close dialogue’ with Argentina continues, says IMF chief Georgieva

24-03-2021 11:27 IMF managing director shares “good meeting” with Economy Minister Martín Guzmán, says “close dialogue” between parties will continue.

THE WEEK

Situations vacant: Justice Ministry

20-03-2021 08:14 The president has sided with Cristina Fernández de Kirchner in her battle against the judicial branch. But will he sacrifice Guzmán if members of his coalition frown at any belt-tightening to meet those targets?

by Martín Gambarotta

ECONOMY MINISTER

Guzmán flies to United States for talks with IMF, investors

18-03-2021 13:00 Economy Minister Martín Guzmán flies to New York for talks with investors. He is due to meet with IMF staff, including Managing Director Kristalina Georgieva, next week.

EDITORIAL

Forecasts and forebodings

13-03-2021 09:21 Improved fiscal solvency meets the dream of every orthodox economist but puffing up an already excessive tax burden would make the cure worse than the disease.

ECONOMIC OUTLOOK

More of the same?

13-03-2021 05:48 The kick-off of the October electoral campaign promises to be brutal for future expectations. Government and opposition will duke it out once again, using all of the usual dirty tricks.

by Agustino Fontevecchia

IMF DEBT TALKS

Guzmán to hold talks with IMF in Washington on March 23-24

11-03-2021 23:32 Economy minister's trip to Washington for talks with IMF officials, including Managing Director Kristalina Georgieva, will take place before the end of the month.

BLOOMBERG

IMF sees upside in delaying Argentina deal after October

11-03-2021 14:08 IMF officials see some benefit in delaying a US$45-billion agreement with Argentina after the October midterms, with talks yielding little progress six months after they began.

IMF DEBT RESTRUCTURING

Government considers using new IMF reserves for loan payment

26-02-2021 16:58 Argentina is considering using new reserves to be issued by the International Monetary Fund to make a payment due to the lender in September, according to a person with direct knowledge.

IMF DEBT TALKS

IMF: Argentine team expected to hold loan talks in mid-March

25-02-2021 18:22 Economy Minister Martín Guzmán will visit Washington in mid-March, confirms IMF spokesperson Gerry Rice.

DEBT RESTRUCTURING

Bondholders: ‘Argentina desperately needs agreement with the IMF’

20-02-2021 08:18 Private bondholders group, who previously agreed to restructuring, accuse government of dragging its feet in talks with IMF to “continue its unsustainable policies even longer."

POLITICAL ECONOMY

The anchor: Guzmán’s second mistake?

20-02-2021 07:12 The Fernández administration has doubled down on an economic strategy that appears aimed at winning this year’s midterm elections. Whether or not Economy Minister Martín Guzmán agrees with the plan is debatable.

by Agustino Fontevecchia

ECONOMIC PLANS

Guzmán: ‘Austerity is not the way to go’

13-02-2021 09:01 At a talk hosted by Brown University, Argentina’s economy minister says the nation has a “thin corridor through which the economy has to transit,” as speculation grows over debt talks with the International Monetary Fund.

by Jonah Shrock

ARGENTINE AMAUTERISM

Guzmán’s first mistake

13-02-2021 08:40 The economy minister’s appeal stems from a technocratic approach to the field of public economics, coupled with a soft but convincing, almost stubborn, conviction in his plan.

by Agustino Fontevecchia

IMF DEBT TALKS

Guzmán plans Washington trip to ramp up IMF talks

04-02-2021 15:40 Economy minister likely to travel to United States before end of February; IMF spokesperson says Fund is working “hard” to reach an agreement with Argentina.

ECONOMIC ANALYSIS

Balancing the budget, a dubious aim in an electoral year

30-01-2021 08:38 Economy Minister Martín Guzmán’s plans could collide with government aspirations for a good result in the 2021 midterms.

EDITORIAL

Vaccination versus immunity to change

30-01-2021 08:04 The error-strewn launch of vaccination campaigns marks a new phase in the pandemic and with it some subtle changes in perspective.

ECONOMIC OUTLOOK

Consumers predict inflation will hit 45% this year

30-01-2021 08:00 New survey reveals consumers expect prices to soar over next year; International Monetary Fund cuts Argentina’s growth forecast for 2021, predicting 4.5% rise in GDP this year.

CORONA-CRISIS

Vaccines, ambassadors and cabinet shake-ups

26-12-2020 09:29 With a Cabinet that is already on shaky ground and a dangerous combo of pandemic and stagflation on the horizon, President Fernández faces a tough start to 2021.

by Agustino Fontevecchia

POLITICS AND THE PANDEMIC

The vaccine conversation

19-12-2020 08:42 These glitches and delays add up to negative headlines. Opposition leaders accused the government of deliberately keeping the public in the dark about the pending approval of the vaccine for those over 60.

by Martín Gambarotta

MARTÍN GUZMÁN

Should he stay or should he go?

19-12-2020 08:31 The series of reversals of Martín Guzmán’s 2021 policies sends a clear message: austerity will not be tolerated, much less so in an electoral year.

by Agustino Fontevecchia

IMF DEBT TALKS

Guzmán expects new program with IMF in March or April 2021

10-12-2020 02:11 Economy Minister Martín Guzmán says talks with the IMF will still "take a while," hinting a deal would be likely in March or April next year.

POLITICAL BREAKDOWN

A growing sense of incompetence

05-12-2020 09:58 Public perception has worsened from one where Cristina was calling the shots from the background, to one where no-one is even in control.

by Agustino Fontevecchia

DEBT RESTRUCTURING

Adherence to domestic debt swap deal rises to 99.49%

29-11-2020 23:29 Government announces that adherence to its offer to restructure US$41.7 billion in bonds issued under local jurisdiction has risen to 99.49 %.

Bloomberg

Guzmán plays down prospects of an early IMF deal

29-11-2020 23:08 In an interview with the Financial Times, Economy Minister Martín Guzmán plays down the chances of an early agreement with the International Monetary Fund over repayment of US$44-billion loan.

IMF DEBT TALKS

IMF and Argentina making 'good progress' on new financing plan

22-11-2020 15:13 IMF mission team ends visit to Buenos Aires, saying that talks over a new financing plan are progressing well, with the two sides beginning to “delineate the contours” of a new deal.

IMF DEBT TALKS

Peronist senators amp up rhetoric with scathing letter to IMF chief

16-11-2020 18:05 With government in talks over new financing programme, senators from ruling Frente de Todos coalition fire off letter to IMF chief Kristialina Georgieva demanding organisation “refrain from conditioning economic policy.”

Coronavirus pandemic

Guzmán, Pesce, Massa in isolation after IMF officials gets Covid-19

15-11-2020 20:55 A number of government officials – including Martín Guzmán, Miguel Pesce and Sergio Massa – went into preventative isolation on Sunday, after a member of a visiting IMF mission tested positive for Covid-19.

POLITICS & THE PANDEMIC

You better shape up (the Cabinet)

14-11-2020 10:33 President Alberto Fernández is facing questions about the executive performance of his Cabinet and not only from the opposition.

by Martín Gambarotta

IMF TALKS

Government to request Extended Fund Facility programme from IMF

14-11-2020 10:26 Guzmán tells reporters Argentina will seek an Extended Fund Facility programme, a scheme that normally implies a commitment to significant economic reforms.

POLITICAL INSTABILITY

On the verge of another nervous breakdown?

14-11-2020 09:16 More of the usual will generate similar outcomes as we’ve seen in the past: stagflation, polarisation, and a growing bureaucracy. It’s time for our political class to take charge of the situation to avert another disaster.

by Agustino Fontevecchia

IMF DEBT TALKS

Argentina will ask IMF for Extended Fund Facility programme, says Guzmán

09-11-2020 21:55 Government will ask IMF for an Extended Fund Facility (EFF) programme as part of the government's efforts to delay repayments on the US$44 billion it owes, Economy Minister Martin Guzman confirms.

THE WEEK IN REVIEW

The week: All eyes on America, with Argentina no exception

06-11-2020 00:01 The world is watching aghast at the wild way in which the US presidential elections are unfolding. Argentina, part of a pandemic-stricken world waiting to see what will happen, is no different.

by Martín Gambarotta

CFK'S OPEN LETTER

Unity, in whatever form

31-10-2020 09:24 Both former presidents have given their blessing to an initial conversation that could work towards a broader social consensus.

by Agustino Fontevecchia

BLOOMBERG

Argentina can avoid a devaluation, says Domingo Cavallo

30-10-2020 14:35 Former economy minister Domingo Cavallo tells Bloomberg in an interview that it’s still possible to avoid a one-off devaluation of the peso.

POLITICS & THE PANDEMIC

Peronism tries to strike back

24-10-2020 08:52 On October 17, the national government tried to regain the initiative. To some observers, Loyalty Day came and passed with some subtle but notable observations.

by Martín Gambarotta

ANALYSIS

When nobody wants pesos: currency meltdown upends business

24-10-2020 05:51 Argentina’s battle to control its currency is upending its economy, wreaking havoc on everything from household finances to the production and sale of common goods.

FINANCIAL TURMOIL

Guzmán: 'There will be no devaluation'

24-10-2020 05:44 Economy minister says currency will depreciate ‘hand-in-hand with inflation,’ as blue dollar soars to close at record high of 195 pesos per greenback.

Bloomberg

Guzmán says Argentina mulling changes to tax, social security systems

22-10-2020 01:36 Argentina is considering changes to its tax and social security structures as part of a plan to address economic imbalances, Economy Minister Martín Guzmán reportedly told a group of investors last week.

IN FOCUS

Economy Ministry takes steps to relieve pressure on currency markets

21-10-2020 18:59 Economy Ministry unveils new measures designed to reduce the pressures on volatile currency markets and ward off devaluation.

News of guzman

Covid tsunami

‘Imbeciles,’ restrictions and elections

Guzmán: IMF credit line deal will not be finalised before May

Fernández: IMF debt is 'unpayable' and terms must be renegotiated

Method in the madness or madness as method?

What we learned this week: March 20 to 27

Pay no more revisited

Mauricio and Cristina take centre-stage

'We can't pay' – CFK puts US$45-billion IMF debt talks into doubt

IMF and Argentina find common ground amid CFK's bombshell remarks

IMF says 'progress' made after Guzmán visit

‘Close dialogue’ with Argentina continues, says IMF chief Georgieva

Situations vacant: Justice Ministry

Guzmán flies to United States for talks with IMF, investors

Forecasts and forebodings

More of the same?

Guzmán to hold talks with IMF in Washington on March 23-24

IMF sees upside in delaying Argentina deal after October

Government considers using new IMF reserves for loan payment

IMF: Argentine team expected to hold loan talks in mid-March

Bondholders: ‘Argentina desperately needs agreement with the IMF’

The anchor: Guzmán’s second mistake?

Guzmán: ‘Austerity is not the way to go’

Guzmán’s first mistake

Guzmán plans Washington trip to ramp up IMF talks

Balancing the budget, a dubious aim in an electoral year

Vaccination versus immunity to change

Consumers predict inflation will hit 45% this year

Vaccines, ambassadors and cabinet shake-ups

The vaccine conversation

Should he stay or should he go?

Guzmán expects new program with IMF in March or April 2021

A growing sense of incompetence

Adherence to domestic debt swap deal rises to 99.49%

Guzmán plays down prospects of an early IMF deal

IMF and Argentina making 'good progress' on new financing plan

Peronist senators amp up rhetoric with scathing letter to IMF chief

Guzmán, Pesce, Massa in isolation after IMF officials gets Covid-19

You better shape up (the Cabinet)

Government to request Extended Fund Facility programme from IMF

On the verge of another nervous breakdown?

Argentina will ask IMF for Extended Fund Facility programme, says Guzmán

The week: All eyes on America, with Argentina no exception

Unity, in whatever form

Argentina can avoid a devaluation, says Domingo Cavallo

Peronism tries to strike back

When nobody wants pesos: currency meltdown upends business

Guzmán: 'There will be no devaluation'

Guzmán says Argentina mulling changes to tax, social security systems

Economy Ministry takes steps to relieve pressure on currency markets

Uruguay, once Covid haven, suffers record infections and deaths

Covid-19 second wave arrives with exhausted economy, citizenry

Argentina talks up potential of growing lithium industry

Restrictions imposed as second wave slams Argentina

Prince Philip: The strength behind the crown

Murió el periodista Mauro Viale, que había sido internado por COVID

Murió Mauro Viale: el verdadero padre de Rial y Lanata

Miguel Lifschitz y el senador Eduardo Costa contrajeron coronavirus

Alerta COVID: cumbre de emergencia del gabinete de Alberto Fernández por la segunda ola

Video: difunden el momento en que un conductor embiste a dos motochorros