News of ministry of economy

Martín Guzmán: the debt negotiator who fell with Argentina's economy

Yesterdat 22:48 A leading disciple of Nobel Prize-winning economics laureate Joseph Stiglitz, 39-year-old Martín Guzmán lacked experience in government when he joined President Alberto Fernández's Cabinet in December 2019.

Default jitters mount in Argentina as local yields top 70%

27-06-2022 13:12 Two years after Argentina emerged from its latest default, a debt crisis in brewing once again.

Argentina's Central Bank raises key rate to 44.5% as inflation heats up

23-03-2022 15:42 Central Bank raises benchmark rate for the third time this year as inflation continues to speed up.

Cecilia Todesca Bocco: ‘Labour rights do not explain Argentina’s macroeconomic problems'

18-03-2022 12:20 International Relations Secretary Cecilia Todesca Bocco on the freshly approved IMF deal, policies to deliver economic growth in Argentina and politics in the family.

by Jorge Fontevecchia

Government won't extend ban on lay-offs into next year

26-11-2021 01:37 Government will not extend double severance rule and ban on dismissals beyond end of year, says Labour Minister Claudio Moroni.

Argentina makes US$390-million interest payment to IMF

05-11-2021 01:53 Argentina made a payment of US$390 million Monday to the International Monetary Fund for interest on a US$44-billion loan it is seeking to renegotiate, the government said.

Government speeds up money printing ahead of election

28-07-2021 17:00 Central Bank was printing money for the Treasury at the fastest pace so far this year in July.

Not even 50% inflation will make Argentina boost interest rates

23-07-2021 16:47 Central Bank rules out increasing interest rates for the foreseeable future, even as currency pressures mount and annual inflation climbs above 50%.

Crypto mining booms on cheap, subsidised energy in Argentina

31-05-2021 10:41 Bitcoin miners are capitalising on the inefficiencies of the country’s interventionist economy to reap outsize returns, fuelled by memories of currency busts and powered by government-subsidised electricity.

Brazil environment minister probed for timber trafficking

19-05-2021 16:33 Brazil Supreme Court orders investigation into Environment Minister Ricardo Salles, targeting a timber-trafficking ring allegedly involving him and other top officials in President Jair Bolsonaro's government.

Argentina resorts to unorthodox tools to fight 40% inflation

17-03-2021 13:24 Argentina is once again turning to a combination of unconventional policy tools to curb inflation, which is expected to near 40 percent this year.

Marcela Losardo: 'Alberto Fernández has been preparing all his life for this job'

30-01-2021 07:46 Throughout the last 40 years, nobody has spent more time close to the president than his Justice Minister Marcela Losardo, his chief confidante.

by Jorge Fontevecchia

Argentina turns to orthodox policy signals to ease dollar craze

06-11-2020 09:12 After tightening capital controls several times, Argentina's government has surprised investors by altering its tack in what appears to be an incipient effort to restore confidence.

Economy Ministry to halt Central Bank advances until end of 2020

03-11-2020 12:53 Economy Ministry says it will not ask the Central Bank for temporary advances of cash in November and December and would target local capital markets for financing instead.

Argentina’s currency woes show no sign of easing

10-10-2020 08:31 Argentina’s hodge podge exchange rate regime is running out of steam.

Government mulls temporary cut on some crop export taxes

29-09-2020 17:16 Government weighing temporary reduction on some export taxes to boost dollar inflows, Bloomberg reports.