News of officials

Argentina raises key rate to 78% for first time since September

16-03-2023 17:43 Argentina raised its benchmark rate on Thursday for the first time since September after annual inflation surpassed 100%.

Paraguay's slow slide into a state held hostage to drug-trafficking

02-06-2022 13:03 The murders of two Paraguayan officials in as many weeks have sent a disturbing signal that parts of the South American country are falling under the influence — and bullets — of organised crime and drug-traffickers.

Argentina’s bonds slump below 30 cents on doubts over IMF deal

21-01-2022 18:18 Argentine bonds are testing new lows as concern grows that the government will struggle to reach a refinancing deal with the International Monetary Fund before large payments come due in March.

Reserves drop as Argentina makes US$1.9-billion payment to IMF

22-12-2021 17:18 Central Bank reserves fall after Argentina made a US$1.9-billion payment to the International Monetary Fund on Wednesday; Talks over new financing programme set to resume in January.

Guzmán tells CGT he won’t sign ‘austerity agreement’ with IMF

03-12-2021 02:49 Economy Minister Martín Guzmán promises that "there will be no austerity" in Argentina and that his economic plan seeks to "create jobs and lower inflation."

Government watches Georgieva's IMF troubles with concern

04-10-2021 16:11 US lawmakers and officials are seeking to speed up an investigation into the director of the International Monetary Fund, for allegedly favouring China when she worked at the World Bank.

by Fernando Nolé