News of markets

Some lessons in elementary Chinese

03-04-2021 08:24 Unfortunately for many millions of people, Argentina has long been programmed to get poorer and the Kirchnerite government is clearly determined to ensure the slide downhill continues.

by James Neilson

Wine sales boosted by pandemic, but vineyards remain wary

03-04-2021 08:02 The coronavirus pandemic has, for the most part, been good for Argentine wine. But vineyards in Mendoza Province are far from celebrating.

'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.

Thirty years on since its founding, Mercosur faces uncertain future

27-03-2021 07:17 Regional bloc celebrates its 30th birthday weakened by differences, with its partners unprepared for post-pandemic world.

What we learned this week: February 27 to March 6

06-03-2021 09:42 Stories that caught our eye over the last seven days in Argentina.

Benjamin Cohen: ‘Dollar will not be challenged by yuan for at least a decade’

06-03-2021 08:22 Benjamin Cohen, one of the founding fathers of International Political Economy (IPE), analyses the monetary aspect of the dispute between the United States and China, while detailing why he describes Argentina “is one of the saddest cases in economic history.”

by Leandro Dario

What we learned this week: February 6 to 13

13-02-2021 10:32 Our pick of the stories from the last seven days in Argentina.

Suicide pacts are also consensus

13-02-2021 09:14 Consensus might sometimes push the right buttons but there is no guarantee and it is not a virtue in itself.

by Michael Soltys

Don’t expect ‘carnal relations’ between Alberto and Joe Biden

23-01-2021 08:31 One actor could tilt the scales, though: Pope Francis. Biden is the second Catholic president of the US, preceded by John F. Kennedy. How much will the Peronist leader of the Holy See nudge Biden our way?

by Agustino Fontevecchia

UK-EU agree historic post-Brexit trade deal

26-12-2020 10:20 Britain and the European Union struck a post-Brexit trade deal on Christmas Eve that they hope will cushion the economic blow of the UK’s imminent departure from the bloc after months of tortuous negotiations.

Environmentalists, markets eye Argentina’s transgenic wheat askance

27-10-2020 14:33 Argentina became the first country to approve the growth and consumption of genetically modified drought-tolerant wheat earlier this month. Markets, healthcare professionals and environmental activists express concerns.

Latin America’s winners and losers in US vote: Election guide

27-10-2020 13:45 Firms from Mexico, Brazil and Argentina are some of the Latin American stocks whose outlook is tied in part to the outcome of next Tuesday's US election.

Fernández says no devaluation of peso on the way

14-10-2020 08:09 Argentina’s government is not going to devalue the peso, President Alberto Fernández said Tuesday night amid widespread speculation on the issue.

Government to devalue peso faster while it fights reserves drop

01-10-2020 23:09 The Central Bank will end a policy of “uniform devaluation” and allow greater volatility, according to a statement sent by the institution led by Miguel Pesce after hours Thursday.

Argentina yield curve inverts as forex controls spook investors

23-09-2020 16:36 Less than a month after Argentina’s US$65-billion debt restructuring, bond prices show growing concern the government may struggle to pay its obligations.

Argentina’s new bonds plunge deep into distressed territory

21-09-2020 17:11 Argentina’s new dollar bonds have plunged back into distressed territory just two weeks after the nation restructured almost US$65 billion in debt.

What we learned this week: August 22 to 29

29-08-2020 09:39 Stories that caught our eye over the last seven days in Argentina.

Bond traders are already betting on Argentina’s next default

18-08-2020 10:58 In the next few weeks, officials will put the finishing touches on a bond restructuring deal and bring an end to the ninth default in the country’s history. Bond traders are already bracing for the 10th...

Moon-shot bets on junk power bond in Argentina bring a windfall

22-07-2020 11:57 Amid a minefield of underperforming and already defaulted debt, notes from power producer MSU Energy are outshining all others.

Hernán Lacunza: ‘We can’t reset the economy every four years, as we’ve been doing since 1945’

18-07-2020 08:30 Former finance minister Hernán Lacunza on Argentina’s debt restructuring efforts, the impact of the coronavirus pandemic, inflation and more.

by Jorge Fontevecchia