News of administration

NEW ERA IN ARGENTINA

A little less conversation, a little more action please

25-01-2020 11:01 The connective strings of the Albertista narrative up until now have relied on two major concepts: blame Macri and the neoliberal gorrillas, and “Peronist optimism.”

by Agustino Fontevecchia

FERNÁNDEZ'S FIRST MONTH

Fernández walks tightrope as he celebrates first month in office

09-01-2020 20:00 A month into his presidency, Peronist leader has embarked on an ambitious and risky juggling act in a bid to drag Argentina out of its worst economic crisis in almost 20 years.

BLOOMBERG – ANALYSIS

Fernández secures sweeping powers to conduct debt talks

22-12-2019 22:29 President will now have more authority to negotiate with creditors, raise worker salaries and hike taxes. Government secured passage with concessions including lower export taxes on oil, gas and mining, and tax relief for small farmers.

Ley de Solidaridad

Fernández's economic emergency law wins approval in Senate

21-12-2019 09:13 Sweeping legislative package will include imposing tax increases on sectors of the upper and middle classes, as well as providing tax incentives for production and tax benefits to the most impoverished.

ECONOMIC INDICATORS

Argentina's external debt equivalent to US$6,310 per person

09-10-2019 17:24 Foreign debt continues to grow, with the total figure now standing at close to US$284 billion, according to INDEC. That works out to around 378,604 pesos per person at the current exchange rate.

POVERTY

UCA predicts poverty rate will reach '39% or 40%' by end of 2019

01-10-2019 13:34 Head of Catholic University's influential Social Debt Observatory issues warning after INDEC data published Monday showed 35.4% of Argentines are considered poor.