News of martin guzman

Inflation hit 7.4% in July – highest monthly rate since April 2002

11-08-2022 19:11 Official data reveals prices in Argentina up 71% over the last 12 months; prices have surged by 46.2% so far this year according to INDEC.

Analysts estimate inflation could surpass 90% this year

10-08-2022 23:09 Annual inflation moves ever closer to three digits amid widespread changes at Argentina’s Economy Ministry.

Argentina Names Third Economy Minister in a Month Amid Crisis

28-07-2022 19:55 Sergio Massa is the new economy minister, in an expanded role. The former lower house speaker takes over from Silvina Batakis, who held office for only three weeks.

Sergio Massa made “super-minister” in cabinet reshuffle

28-07-2022 18:33 The economy, productive development and agriculture, livestock and fishery ministries will be absorbed under one role.

IMF sees Argentina committed to programme, with downside risks

26-07-2022 13:27 Officials re-iterate Argentina’s commitment to IMF $44 billion programme, despite economy in deepening crisis and risks on the downside.

Argentina unveils currency measures as black-market peso slumps

21-07-2022 19:28 Foreign tourists can exchange up to US$5,000 in a new exchange rate revealed by the government, which is attempting to perk up the currency after a slump for the ‘dólar blue'

Argentines brace for 90% inflation after economy minister’s exit

14-07-2022 09:18 Consulting firms in Buenos Aires are predicting that Argentines face the prospect of 90% inflation by year end.

Argentina’s economic signals need stronger backing, analysts say

13-07-2022 12:28 Analysts say moderate, prudent policy signals that Economy Minister Silvina Batakis announced Monday lack political support, face execution risks and won’t fix the country’s structural problems.

The capitulation of Martín Guzmán and the struggle of Sergio Massa

09-07-2022 07:30 After a weekend of fury, a newly reconfigured power structure has been put in place that promises to keep us on our toes, with the vice-president continuing to gain territory.

by Agustino Fontevecchia

Leaps in the dark

09-07-2022 06:00 Always subordinating economic policy to electoral strategy in classic populist style, Cristina Fernández de Kirchner seems convinced that a 2023 election irretrievably lost with Martín Guzmán’s IMF orientation can be turned around with an extreme transformation.

IMF ‘looking forward’ to working with Batakis at ‘difficult moment’

07-07-2022 16:06 New economy minister speaks with multilateral lender’s chief Kristalina Georgieva, who says Batakis confirmed her “commitment” to IMF refinancing programme.

Paris Club requires Argentina stick to IMF deal to rework debt

07-07-2022 14:20 Paris Club group of wealthy creditors says government must give assurances that it will comply with IMF deal if talks over restructuring of debt are to continue.

Batakis takes reins of Argentina’s economy as markets tumble

04-07-2022 21:34 Silvina Batakis declares that she "believes in fiscal balance" as she is sworn-in as economy minister.

Markets react negatively to change of economy minister

04-07-2022 17:30 The peso depreciated sharply against the dollar in the informal market on Monday as investors reacted to the appointment of Silvina Batakis as economy minister.

Cristina achieves her goal: sacking Alberto's economic team

03-07-2022 09:41 In recent weeks, the pressure bearing down on Martín Guzmán had intensified – both from the markets and from the Kirchnerite wing of the government.

Argentines seek hedging in crypto after minister resigns

02-07-2022 22:59 Moves on crypto markets could indicate unease over the growing rift within the ruling coalition and concern over the government’s ability to tackle rising inflation and other economic challenges.   

The Last Albertistas

01-07-2022 09:55 Who are President Alberto Fernández's last remaining soldiers in the Cabinet?

by Rodis Recalt

Government meets June debt rollover goal in key local auction

28-06-2022 21:48 Government sells enough securities to roll over its debt coming due in the month of June in a local debt auction, easing concerns of an immediate financing shortfall.

Capital controls on tech firms, employees relaxed to halt ‘brain drain’

02-06-2022 20:41 Accumulation of Central Bank reserves is one of the key aims in changing regulations for the capital of software companies. Hi-tech sector has sounded alarms over number of formal jobs lost this year by employees seeking ‘dollarised’ salaries.

by Lorena Rodríguez

Not getting the hang of it

28-05-2022 01:00 The Kirchnerite wing of the Frente de Todos coalition has come to the final conclusion that the “war on inflation” is irreversibly lost, leading to a refusal to have any official of its kidney attached to that failure.

by Michael Soltys