US COURT RULING Argentina defeats hedge fund suits over GDP-linked securities 01-04-2024 15:46 Argentina victorious as judge rejects claim by Aurelius Capital Management and other hedge funds seeking payment on securities tied to economic performance.
ECONOMIC OUTLOOK Analysts improve outlook, forecast inflation slowing to 210% in 2024 08-03-2024 10:48 Experts consulted for Central Bank’s REM survey of market expectations lower forecasts for inflation in the next few months, predicting 15.5% rate for February and a 3.5% economic slump this year.
Brazil and Wall Street Lula pulls off rare trick twice, wooing Wall Street and the poor 26-02-2024 11:09 In his first year back in power, Luiz Inacio Lula da Silva has again managed to keep both low-income voters and Wall Street investors happy
ANALYSIS Economy shrank in December by most since pandemic 22-02-2024 21:14 Argentina’s economy contracted in December by the most since the peak of the Covid-19 pandemic.
ARGENTINA IN CRISIS Milei’s ‘no money’ slogan put to the test – but is there patience? 22-02-2024 16:46 Enthusiasm abroad for Javier Milei's presidential project is not matched by growing unrest on the streets of Buenos Aires.
ECONOMIC OUTLOOK IMF cuts Argentina 2024 growth forecast, forecasts 2.8% contraction 30-01-2024 15:55 Multilateral lender warns that inflation is expected to increase in the short term, projecting growth of minus 2.8 percent this year and plus five percent in 2025.
ECONOMIC INDICATORS Economy posted mild contraction amid run-off election 23-01-2024 22:40 Economic activity in November fell 1.4% from October, according to government data. From the same month a year earlier, activity fell 0.9%.
ECONOMIC OUTLOOK World Bank sceptical over Milei’s dollarisation plans 05-10-2023 00:45 Argentina’s economy is set to contract 2.5% in 2023, according to the World Bank.
ECONOMIC INDICATORS CELAC sees Latin American growth of 1.7%, but forecasts 3% slump for Argentina 05-09-2023 15:13 Argentina's economy forecast to contract by 3% this year, according to Economic Commission for Latin America and the Caribbean (ECLAC/CELAC).
Economy Brazil’s economic activity tumbles past all forecasts 17-07-2023 19:57 Brazil's economy shrank more than expected in May, but President Lula's government's reforms and anticipated rate cuts have raised investor optimism.
IMF ASSESSMENT IMF says Argentina’s drought is worse than expected for growth 14-04-2023 11:13 “The more data we see, the more serious that shock seems to be on the country,” admits Nigel Chalk, IMF acting director for the Western Hemisphere.
ECONOMIC OUTLOOK Moody's forecasts 1.5% contraction for Argentina's economy 12-04-2023 13:46 Ratings agency Moody's Investors Service warns of impact of drought on Argentina's economy and predicts inflation will rise to 107% this calendar year.
ECONOMIC INDICATORS Economy will grow by just 0.2% this year, says IMF 11-04-2023 10:59 IMF lowers 2023 global growth forecast to 2.8% and warns of looming half-decade of low growth; Fund predicts that economy will hardly grow this year and warns high inflation will continue.
COURT RULING Argentina loses US$1.5-billion UK case over GDP-linked bonds 05-04-2023 10:47 Argentina must compensate investors for losses in the country’s growth-linked securities after the nation changed the method of calculating gross domestic product, a London court ruled.
ECONOMIC INDICATORS Economy grew 5.2% in 2022, second straight year of growth 23-03-2023 16:49 Improvement in GDP was consumer-led (up 9.4%) with exports up 5.7%, new INDEC report reveals.
BLOOMBERG Brazil’s faltering economy endangers Lula’s ‘barbecue and beer’ promise 03-03-2023 12:47 Luiz Inácio Lula da Silva promised to bring prosperity back — “barbecue and beer” for all — if he returned to Brazil’s top job. Two months into his presidency, the economy he inherited is cutting his honeymoon short.
AGRICULTURE Argentina’s soy harvest set for 14-year low amid punishing drought 10-02-2023 10:56 Major losses from harvest anticipated due to ‘worst drought in 60 years’; Forecasts slashed for soy, maize and wheat crops.
Minister's outlook Economy can grow above 3% while slowing inflation, says Massa 08-01-2023 22:37 Economy Minister Sergio Massa says Argentina can record growth of 3% in 2023 in a feature-length interview with Perfil newspaper.
OPINION 2022: the errors of the economists 29-12-2022 02:31 The time has come to do what economists find so uncomfortable and what I find so useful: the annual balance sheet of predictions by Gustavo González
Bloomberg World Cup win could bring GDP boost to France or Argentina 16-12-2022 14:26 Argentina is better placed than France to reap the economic benefit that typically comes from winning the World Cup, says one academic.
ECONOMIC INDICATORS Economy stalled as inflation spiked in July 26-09-2022 17:30 Argentina’s economy plateaued in July as an inflation spike caused by political volatility paralysed some sectors.
WORLD ECONOMY OECD: World economy to slow, 'paying the price of war' 26-09-2022 15:33 OECD reduces Argentina's growth forecast for 2023 by 1.5 points, predicting an expansion of 0.4% next year. Outlook for this year remains unchanged, with estimated growth of 3.6%.
PROFILE Martín Guzmán: the debt negotiator who fell with Argentina's economy 02-07-2022 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.
ECONOMIC INDICATORS INDEC: Economy grew 6% in the first quarter of 2022 23-06-2022 23:24 National statistics bureau reveals that unemployment remained stable in the first three months of the year, reaching 7%.
EDITORIAL Coins in the air 30-04-2022 01:09 There was a time when virtually everybody except the economists defined the economy by its bottom line. Things are no longer so binary or linear – least of all when trying to size up the Argentine economy today.