News of revenue

Credit agencies disbursed a record amount to Argentina in 2022

10-02-2023 11:26 More than US$5 billion in funds were transferred to Argentina last year from multilateral lenders, declared Economy Ministry in new report.

POLITICS & JUDICIARY

Government summons Congress to debate Supreme Court impeachment

13-01-2023 18:06 President Alberto Fernández’s government calls extraordinary sessions of Congress, starting January 23; Among bills are one that would impeach members of the Supreme Court for "poor performance."

Vice-president's speech

Cristina Fernández de Kirchner slams Supreme Court over tax sharing ruling

28-12-2022 19:04 Vice-president slams Supreme Court for its decision to rule in favour of Buenos Aires City in an ongoing federal revenue-sharing row with the national government, as she claims any potential 2023 candidacy has been "proscribed" by the Judiciary.

REVENUE-SHARING ROW

Alberto Fernández now says he’ll comply with top court order

26-12-2022 14:00 Days after saying he would not comply with a Supreme Court order that called for it to return federal funds to the Buenos Aires City government, President Alberto Fernández says will he honour the decision.

REVENUE-SHARING ROW

President snubs Supreme Court ruling, sparking crisis

23-12-2022 14:49 President Alberto Fernández's decision to disobey a Supreme Court order to return funding to the government of the opposition-controlled city of Buenos Aires, sparks an institutional crisis.

KEY COURT RULING

Supreme Court rules in favour of City Hall in federal revenue-sharing row

22-12-2022 09:49 Casa Rosada analysing next steps to follow after big judicial setback; Buenos Aires City Mayor Horacio Rodríguez Larreta hails decision that boosts capital’s share of revenue-sharing percentage.

US-ARGENTINA RELATIONS

Massa seals tax info exchange deal with United States

06-12-2022 22:29 Argentina’s Economy Minister Sergio Massa wins over Washington and signs an agreement with US Ambassador Marc Stanley guaranteeing the exchange of tax information from Internal Revenue Service.

BLOOMBERG

MercadoLibre posts record revenue, braces for macro jitters

06-05-2022 09:08 Latin American e-commerce retailer grew its revenue more than forecast in the first quarter; Company plans to invest some US$10 billion across the region this year.

CULTURE

Funding gap forces British Council to scale back

09-09-2021 14:12 The British Council, which promotes UK cultural and language relations overseas, will scale back its work in 20 countries due to a pandemic funding shortfall. Offices in a number of nations to be shuttered, including Chile and Uruguay, according to reports.