News of mauricio macri

VACA MUERTA

Oil companies and unions agreed on a temporary no layoffs clause

Yesterday 14:31 The unions representing oil workers and the sector's business chambers agreed to roll back 600 layoffs and 1,200 suspensions in the country's different basins while waiting for production to pick up and activity to resume.

Argentine exodus?

'Pepe' Mujica rejects Lacalle Pou's tax incentive for Argentines

17-01-2020 16:40 Former president rejects incoming leader's idea of tempting Argentines over the Río de la Plata and said efforts should focus instead on investing Uruguayan capital back into the country.

CENTRAL BANK

Central Bank cuts interest rates for fourth time in just over a month

17-01-2020 13:49 The reforms consist of a reduction in interest rates to improve demand and will allow companies to send foreign currency to enhance international trade and capital control.

ECONOMIC INDICATORS

53.8%: Argentina posts the highest inflation rate in 28 years

15-01-2020 17:51 INDEC reveals prices last year increased by the highest rate since 1991, with inflation in December coming in at 3.7%.

ECONOMIC MEASURES

Kulfas praises businesses as government re-launches Precios Cuidados

08-01-2020 17:46 Government re-launches price-controls scheme with a list of 310 items, which includes "leading brand" products "at reasonable prices," according to officials.

Envoy in Buenos Aires

Foreign Ministry withdraws 'special' status of Guaidó's envoy in Argentina

07-01-2020 16:10 Government officials retract "special mission" status granted to Elisa Trotta Gamus, who was feted by former president Mauricio Macri as opposition leader's ambassador in Buenos Aires.

PETROL PRICES

Uncertainty after Fernández orders YPF to halt rise in petrol prices

03-01-2020 07:00 President’s decision to order the YPF state oil company to halt a five percent increase in petrol prices creates uncertainty among producers and suppliers.

PUBLIC TRANSPORT

Six-month freeze for public transport fares in Greater Buenos Aires

27-12-2019 15:03 Government announces freeze of public transport fares in and around the capital for six months, as it undertakes a comprehensive review of increases.

Ley de Solidaridad

Government publishes emergency economic measures in Official Gazette

24-12-2019 09:02 Sweeping economic passage published as Alberto Fernández reveals IMF team will arrive in Buenos Aires for talks "in the coming days." President admits he hopes for single-digit inflation by 2023.

Bloomberg

Economy grows faster than expected, technically ending 18-month recession

18-12-2019 00:23 Argentina’s economy grew faster than expected in the third quarter, technically ending an 18-month recession.

Aborto Legal

New government publishes new guidelines for non-punishable abortions

13-12-2019 12:05 Change will make it harder for hospitals to deny women seeking to terminate pregnancies in cases of rape or endangerment to their health.

NEW PRESIDENT

Alberto Fernández’s five biggest economic challenges

12-12-2019 08:16 President-elect took power on December 10 facing a challenging economic and social crisis, with a deep recession and runaway inflation.

Buenos Aires Province

New Buenos Aires Province Governor Kicillof warns of 'emergency'

11-12-2019 14:47 In his first speech to lawmakers as chief of nation's most-populous province, former economy minister denounces failures of Mauricio Macri administration and says region faces an urgent emergency.

ARGENTINA'S NEW LEADER

Is Alberto Fernández the man to unite Argentina?

10-12-2019 18:02 New president has long been a discreet backroom operator. But on Tuesday he announced big plans to rid the country of its political polarisation.

Bloomberg

Argentina can’t pay debt until economy grows, says Fernández

10-12-2019 17:36 In his first presidential address, Fernández read off a list of challenging economic indicators he’s inherited, including the biggest debt load as a percentage of gross domestic product since 2004, when the country was in default – and he was Cabinet chief.

INAUGURATION

Alberto Fernández inaugurated as president of Argentina

10-12-2019 17:31 Peronist leader's inauguration marks the return of the country to the ranks of left-leaning nations at a moment of right-wing resurgence in the Western Hemisphere.

President’s first speech

Alberto Fernández vows to prioritise poverty over debt payments

10-12-2019 17:16 In speech stretching close to an hour, newly inaugurated president calls for great social contract and moves to rally support for his new agenda, as he tells IMF and bondholders that Argentina can't pay off debt.

INAUGURATION

Photo gallery: Alberto Fernández becomes Argentina's new president

10-12-2019 12:56 Peronist leader was sworn in as Argentina president on Tuesday, taking over from Mauricio Macri amid applause and singing by lawmakers and supporters in Buenos Aires.

TRANSITION 2019

Alberto Fernández sworn-in as Argentina's new president

10-12-2019 12:26 In a ceremony chaired by outgoing Vice-President Gabriela Michetti, Fernández took his oath pledging fealty to "God and the homeland." President Macri attends personally to hand over sash and baton.

Transition 2019

D-day arrives for Alberto Fernández as he takes office in Argentina

10-12-2019 10:33 Once low-profile politician assumes the presidency Tuesday with Cristina Fernández de Kirchner as his vice-president – a fact almost unthinkable a decade ago.

Transition 2019

Economic crisis looms large as Alberto Fernández assumes office

09-12-2019 17:37 Against a backdrop of near-economic disaster, president-elect's biggest challenges will be leading the country out of recession – and navigating his coalition government.

BOCA JNRS ELECTIONS

Riquelme beats Maradona as Boca Juniors elect new president

09-12-2019 17:10 Ticket headed by Jorge Ameal wins 52.8 percent of the vote from Boca's 84,000 members, bringing legendary playmaker into the Xeneize's hierarchy.

RALLY FOR PRESIDENT

Macri delivers farewell address to supporters at Casa Rosada

09-12-2019 13:59 Outgoing leader calls the last four years an era of "transformations" and promises his successor a "constructive opposition."

BLOOMBERG

Blow for Fernández as crop windfall slips away

09-12-2019 13:42 President-elect needs all the help he can get to pull the country out of recession and make good on bond payments. But he faces a speed bump from the crop industry.

Transition of Power

Fences removed from Plaza de Mayo ahead of Fernández's inauguration

09-12-2019 13:35 After years of debate around the barriers near the Casa Rosada, city workers removed them overnight Sunday ahead of Peronist leader's swearing-in.

Transition of Power

Macri and Fernández embrace as Mass as Church calls for unity

09-12-2019 12:47 Church leader calls for "respect, unity and peace" as outgoing and incoming leaders attend Mass at Basilica of Our Lady of Luján,

Poverty

New UCA report puts Argentina's poverty level at 40.8%

06-12-2019 15:06 Some 16 million Argentines now below the poverty line, with 3.6 million living in extreme poverty, reports UCA's Observatorio de la Deuda Social.

CADENA NACIONAL

Macri: Argentina is ‘better off than it was four years ago’

06-12-2019 00:24 In his final address to the nation as president, outgoing leader reflects on four years in office and pitches himself as the future leader of the opposition.

LEGENDARY AUTHOR

Controversy arises after Fernández promises new Borges museum

05-12-2019 22:45 President-elect's packed, pre-inaugural agenda sparked a moment of controversy this week after a Wednesday meeting with businessman and writer Alejandro Roemmers.

MERCOSUR SUMMIT

Tensions loom large at Macri's final Mercosur summit

05-12-2019 18:14 Macri bids farewell to Mercosur at summit in Brazil, with regional bloc reeling from US steel and aluminum tariffs and tensions between Bolsonaro and Alberto Fernández.

FUTURE OF MERCOSUR?

Changing Mercosur bloc meets in Brazil after US tariffs blow

05-12-2019 07:26 Focus of bloc's 55th summit – the last for President Mauricio Macri – looked set to be the arrival of Alberto Fernández in office. The Mercosur now has more immediate concerns: Donald Trump.

TRANSITION 2019

Sandleris confirms resignation as Central Bank chief

05-12-2019 06:58 Central Bank chief confirms he will resign post ahead of December 10 handover. Argentina's monetary institution has had 61 presidents in the 84 years since its founding.

Transition 2019

Health Ministry veteran González García to return, confirms Fernández

04-12-2019 17:07 Ginés González García will serve for a third time as nation's health minister, president-elect confirms – and he says he will reinstate the abortion protocol struck down last month by President Macri.

CAMPAIGN PROMISES

Macri delivered on only 2 of 20 his 2015 campaign promises, says Chequeado

04-12-2019 17:04 President, who leaves office in six days, failed to deliver on 90% of the promises he delivered during 2015 debates, reports fact-checking site.

Transition 2019

José Mayans tapped to lead unified Peronist caucus in Senate

03-12-2019 17:50 Sources say the longtime member of the Justicialist Party was selected after negotiations between governors and vice president-elect Cristina Fernández de Kirchner.

COP 25 climate summit

Macri: 'Electricity production will be be greenhouse gas free by 2040'

03-12-2019 14:21 President kicks off his last foreign trip as head of state in Madrid at the UN Climate Change Conference, where he meets with world leaders and talks renewable energy.

TRANSITION 2019

Influential agricultural leader: Macri 'wasn't what we expected'

03-12-2019 08:30 Carlos Iannizzotto, president of one of Argentina's largest agricultural cooperatives, Coninagro, reflects on how the industry fared under outgoing president Mauricio Macri – and ponders what lies ahead under Alberto Fernández.

BLOOMBERG - OPINION

John Authers: Trump doesn’t understand currency wars, either

02-12-2019 22:47 Any implication that Argentina is deliberately weakening its currency for competitive advantage is beyond absurdity.

Corruption & the courts

Fernández de Kirchner angrily denies graft claims as she testifies in court

02-12-2019 18:21 Former president made an unusual detour Monday on her way back to office, appearing in court to defend herself angrily against corruption charges stemming from her time in office.

TRUMP TRADE WARS

Bolsonaro under fire after Trump slaps tariffs on Argentina, Brazil

02-12-2019 17:50 Bolsonaro’s attempts to gain goodwill from the US president seem to have failed, as Trump accuses both Brazil and Argentina of currency manipulation and introduces new tariffs on steel and aluminium.

Venezuela

Two Venezuelan union leaders detained and deported from Ezeiza airport

02-12-2019 16:07 Wills Rangel and Jacobo Torres were travelling to Buenos Aires for a global meeting of labour union leaders. However, they were reportedly forbidden from entering Argentina, detained on a plane and sent back to Venezuela.

URUGUAYAN ELECTIONS

Macri, Fernández seek 'excellent' relationship with Uruguay's next leader

29-11-2019 08:54 Alberto Fernández says relationship with conservative leader Luis Lacalle-Pou will be as good as if opponent Daniel Martínez had won election.

Penitentiary system

Argentina's prison population grew 55% over last six years

29-11-2019 07:00 Number of those incarcerated grew by 55% between 2013 and 2019, reaching a total of more than 63,000 people, new data shows. Significant rise in figures under Macri administration.

Transition 2019

Fernández lines up Marco Lavagna to head INDEC statistics bureau

27-11-2019 17:02 Lawmaker and son of the former economy minister Roberto Lavagna will lead the national statistics bureau, president-elect confirms.

Abortion debate

Ex-ambassador to the Vatican: 'Abortion will be legal in Argentina'

27-11-2019 08:00 Mercosur Parliament lawmaker Eduardo Valdés says he finds the debate over the legalisation of abortion to be “archaic” and predicts it will be legalised in the coming years.

RECORD CREDIT-LINE

Macri administration has used 83% of IMF loan to pay off external debt, data shows

25-11-2019 17:21 Data from Treasury says 83% went towards paying off debt accrued during the first three years of his presidency, with remainder used to service payments on national debt and fuel imports.

NATIONAL STATISTICS BUREAU

Government pushes bill to protect INDEC bureau from 'political pressures'

22-11-2019 10:48 Bill sent to Congress would turn bureau into independent and autonomous unit, amid fears Kirchnerite figures may intervene in institution after December 10.

Bloomberg

Bolsonaro's son calls for 'pragmatism' towards Argentina

21-11-2019 16:48 His approach varies greatly from that of his father, who has publicly eschewed the upcoming presidency of Argentina's Alberto Fernández

PUBLIC HEALTH

Government pulls new protocol for non-punishable abortions amid controversy

21-11-2019 15:21 Macri administration revokes protocol updating guidelines for non-punishable abortions, only a few hours after its publication in the Official Gazette on Wednesday.

MACRI'S NEXT MOVE?

Macri ponders post-presidential role as global anti-populist leader

20-11-2019 22:02 Argentina's outgoing leader is not just convinced he has a role to play as opposition leader, he's also looking farther afield.

by Gabriel Ziblat