News of administration

CORRUPTION & THE COURTS

Controversial judge sends Dujovne to trial before stepping down

01-08-2020 09:32 Federal judge Rodolfo Canicoba Corral ends long court career in explosive style, sending former economy minister Nicolás Dujovne to trial on charges of malfeasance and abuse of authority.

JUDICIAL CONTROVERSY

Council of Magistrates votes to review transfer of 10 key Macri-era judges

01-08-2020 09:27 Opposition criticises move, alleging Kirchnerite-led incursion into the judicial branch.

Causa peajes

Judge sends two ex-Macri administration officials to trial

21-07-2020 21:50 Charges against former National Highways director Javier Iguacel and ex-Treasury prosecutor Bernardo Saravia Frías relate to presumed irregularities in the awarding of highway toll concessions.

ILLEGAL ESPIONAGE CLAIMS

22 arrests in illegal espionage probe, including ex-Macri official

02-07-2020 02:47 Susana Martinengo, co-ordinator of presidential documentation during the 2015-2019 Macri presidency, and 21 others detained on charges of illegal espionage against various political leaders.

Trump's immigration plan

Trump promises US immigration ban as virus roils world economy

21-04-2020 14:13 Donald Trump has vowed to temporarily ban immigration to the United States to combat the "invisible enemy" of coronavirus, claiming it would save US jobs as the world economy plunges into meltdown.

Cross Kirchnerite

Boudou: ‘Macri's was the most corrupt government in history’

10-03-2020 21:57 Jailed former vice-president Amado Boudou renews talk of 'lawfare,' criticises farming sector strike and alleges Mauricio Macri persecuted his opponents to cover up corrupt exploits.

CORONAVIRUS & CHINA

Outrage over China's handling of heroic doctor's death

07-02-2020 13:07 A Chinese doctor who was punished after raising alarm about China's new coronavirus died from the pathogen on February 7, sparking an outpouring of grief and anger on social media against the government.

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.

CAPITAL CONTROLS

‘Strict’ foreign-exchange controls to stay in place, says Kulfas

05-01-2020 08:26 “In the current context, strict exchange rate regulations are inevitable,” says production minister

Ley de Solidaridad

Cafiero: Government will approve emergency economic measures today

23-12-2019 17:23 "The enactment will be today," says Cabinet Chief.

INTERVIEW

Argentina is in 'virtual default,' declares President Fernández

23-12-2019 08:53 "It is not the same as 2001, but it is similar," Fernández said in an interview with TV programme La Cornice. "Today we are in virtual default."

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.

EMERGENCY BILL

Senate set to approve Fernández’s emergency bill

21-12-2019 08:20 After a marathon session, lawmakers in the Chamber of Deputies approve new president’s legislative project, sending bill to Senate.

ECONOMIC MEASURES

Government announces new tax hikes, sends 'emergency bill' to Congress

18-12-2019 01:00 Economy Minister Martín Guzmán confirms trailed measures designed to boost growth, including higher export levies, 30% tax on foreign currency purchases, freeze on public utility prices, and bonus for pensioners

NEW CABINET

Meet Martín Guzmán, Argentina's next economy minister

09-12-2019 14:07 New economy minister, who is close to Nobel-Prize-winning economist Joseph Stiglitz, is seen as a critic of the International Monetary Fund.

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.

NEW LOAN

World Bank approves US$500-million in financing for Argentina

11-07-2019 18:50 Funds will provide budgetary support for social programmes dedicated to helping those in poverty. Latest installment is the second part of a total US$1 billion loan first agreed in November 2018.

AIRPORT BACKLOG

Delays and cancellations at airports despite truce with the pilots' union

17-01-2019 15:44 A 48-hour union strike was cut short when the government agreed to cooperate with pilots

by Anna Laffrey