News of us market

Eduardo Porter: Why Wall Street should like Latin America’s left

08-02-2023 09:22 The Latin American left does a better job than the right delivering on one of Wall Street’s favourite metrics: stock market returns. 

2023: Interesting challenges for investors in the year to come

25-01-2023 12:56 Having a global vision helps us understand that there are economic problems that transcend borders and the mechanisms used to solve them have consequences in different geographies.

Inflation slowed to 4.9% in November – lowest figure in nine months

15-12-2022 23:44 According to the INDEC national statistics bureau, prices have increased by 92.4% over the past 12 months; Monthly rate for November less than expected, while quarterly economic growth picked up before government renewed price control scheme

Low-cost airline Flybondi doubles down on domestic travel

07-12-2022 13:41 Argentina’s low-cost airline Flybondi is doubling down on its bet that local and regional travel will continue growing at a fast clip.

New taxes slapped on concerts, spending on cards overseas

12-10-2022 16:04 Aiming to "protect reserves for production and job creation,” the National Government introduces new levies to discourage purchases in dollars with debit and credit cards; New measures affect foreign currency purchases in excess of US$300, trips abroad and luxury goods.

Economists see inflation surpassing 100% by December

07-10-2022 08:23 Private economists in Argentina see prices increasing 100% by December, Central Bank’s latest monthly survey reveals.

Argentina raises key interest rate to 69.5% in biggest hike since 2019

11-08-2022 16:40 Argentina’s Central Bank raises benchmark Leliq rate in largest hike in almost three years, signalling a more aggressive stance against surging inflation. 

Argentina’s black market peso sinks on economy minister shake-up

04-07-2022 14:16 Argentina’s black market exchange rate tumbled on Monday after left-leaning economist Silvina Batakis was appointed as the new economy minister.

Volatility roars back to Argentina's FX market on commodities drop

27-04-2022 20:26 Volatility has come roaring back to Argentina’s currency market.

YPF leads emerging-market bond gains

31-03-2022 13:29 Only 14 months ago YPF was a nightmare for investors. Now, the state-run oil company is producing the best fixed-income returns in all of emerging markets.

Argentina’s Central Bank raises key rate to 42.5%

18-02-2022 03:00 Second rate hike this year; IMF staff have called for interest rates in Argentina to exceed annual inflation.

Argentine traders bail on devaluation bets, buy inflation bonds

19-01-2022 14:53 Traders are rapidly scaling back purchases of local dollar bonds and instead are plowing money into inflation-linked bonds, a better haven as they see it as consumer prices soar at an annual pace of more than 50 percent.

Chile stock market plummets in response to Boric's election win

20-12-2021 11:40 Chilean stock market and peso takes a beating after leftist leader Gabriel Boric is elected the country's youngest-ever president-elect.

Central Bank reserves at the limit as rumours swirl around Argentina

30-11-2021 21:40 Ecolatina consultancy firm forecasts that Central Bank reserves could end the year lower than in December 2020. Concerns remain about the level of money available to the BCRA, but economists rule out a potential 'corralito.'

by Brenda Funes

Chile offers incentives to miners to take on more lithium projects

14-10-2021 22:34 Chile is offering new contracts to tap the world’s biggest reserves of lithium in a effort to reclaim market share as demand for the battery metal surges.

Argentina’s 120-year-old cattle auction is leaving Buenos Aires

10-10-2021 09:30 In late December, the Mercado de Liniers, a sprawling open-air cattle market built in 1901, is slated to hold its final auction in front of what is certain to be a teary-eyed crowd.

In home of Malbec, eyes turn toward idled US$5-billion potash mine

09-09-2021 14:52 Mendoza Province in talks with some of world’s top producers of potash to revive Río Colorado mine.

IMF’s special drawing rights gives boost to Central Bank reserves

23-08-2021 21:42 International Monetary Fund boost of special drawing rights lifts Argentina's Central Bank reserves to highest amount in almost three years.

Liniers cattle market: last memory of a rural Buenos Aires

26-07-2021 08:00 Liniers cattle market prepares to close its doors, ahead of move to Cañuelas, after more than a century in Mataderos.

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%.