News of alberto fernandez

BLOOMBERG

Government seeks to reach new IMF agreement before April

Yesterdat 00:49 Government seeks deal with the International Monetary Fund over a new financing programme before the end of March, in order to renegotiate US$2-billion payment owed to the Paris Club that matures in May.

DEBT RESTRUCTURING

With debt deal done, Argentina must answer: What’s the plan?

05-08-2020 16:20 President Alberto Fernández’s next step is to start talks for a new International Monetary Fund programme against a harrowing backdrop.

DEBT RESTRUCTURING

Creditors 'pleased' with 'preliminary agreement' on debt restructuring

04-08-2020 23:43 IMF chief Kristalina Georgieva welcomes debt deal reached by Argentina and its creditors as a "very significant step."

DEBT RESTRUCTURING

Economists praise debt deal but warn challenges on horizon

04-08-2020 18:38 Experts welcome government's agreement with creditors, but warn that Argentina must now correct imbalances and other issues.

DEBT RESTRUCTURING

'We resolved an impossible debt,' declares delighted Fernández

04-08-2020 14:19 President Alberto Fernández hails government after officials confirm Argentina has reached an agreement with three major creditors over restructuring of US$66-billion debt.

DEBT DEAL AGREED

Government hails ‘significant debt relief’ in accord with creditors

04-08-2020 09:44 Deal involves the Ad Hoc, Argentina Creditor Committee and Exchange Bondholder groups, as well as "certain other significant holders," Economy Ministry confirms in a statement.

DEBT RESTRUCTURING

Argentina reaches US$65-billion debt restructuring deal with creditors

04-08-2020 08:59 Government says in a statement that deal with key creditors would provide “significant debt relief.” While it statement didn’t provide a net-present value for the agreement, sources say the deal is worth about 54.8 cents on the dollar.

Coronavirus pandemic

Government bans social gatherings in Argentina for next 15 days

02-08-2020 22:42 Health Access Secretary Carla Vizzotti confirms ban on social gatherings in all parts of the country until August 16, amid surge of Covid-19 infections and fatalities.

CORONAVIRUS PANDEMIC

President extends Covid-19 lockdown ‘on same terms’ despite surge in cases

01-08-2020 08:47 ‘Cuarentena sin cambios’ – Lockdown in Buenos Aires metropolitan area extended until August 16, after week of record numbers of cases and fatalities.

JUDICIAL REFORM

Fernández’s judicial reform bill enters Senate amid opposition outcry

01-08-2020 08:31 President vows to restore “credibility” to Argentina’s much-maligned justice system, but opposition charges move is a bid to ensure “impunity.”

expropriation of Vicentin

Fernández says he won't expropriate soy trader Vicentin in U-turn

01-08-2020 08:13 The government won’t risk taking on Vicentin’s private debt and making Argentines responsible for its management’s “irresponsible” decision-making, President Alberto Fernández said on Twitter, criticising the judge overseeing bankruptcy proceedings.

Coronavirus pandemic

Government halts easing of virus lockdown for at least two weeks

31-07-2020 19:00 Officials decide to delay move to further ease confinement measures for at least two more weeks due to the high number of Covid-19 infections and for fear that the health system might collapse.

COPA LIBERTADORES

Fernández questions if local clubs should play in Copa Libertadores

30-07-2020 23:14 President asks if local clubs should be travelling to participate in the region’s most prestigious football tournament, given the advance of Covid-19 in Latin America.

JUDICIAL REFORM

Amid opposition criticism, Fernández unveils judicial reform

30-07-2020 01:55 President announces he will send a bill to Congress to reform federal justice system. Proposes merging federal courts for criminal and corporate law while increasing their number, thus diluting the power of the current 12 benches in Comodoro Py.

JUDICIAL REFORM

Fernández to unveil judicial reform bill as opposition cries foul

28-07-2020 23:29 President Alberto Fernández will present his long-trailed judicial reform bill on Wednesday from the Casa Rosada. Opposition rejects proposed changes and potential expansion of Supreme Court.

DEBT RESTRUCTURING

Government to seek new IMF plan, regardless of outcome of debt talks

28-07-2020 14:43 Argentina will seek a new programme with the IMF whatever the outcome of talks with bondholders, says Economy minister Martín Guzmán.

council of the americas

Fernández asks creditors for 'understanding' on debt offer

22-07-2020 01:18 Argentina simply cannot pay more than the offer that is on the table, president says during Council of the Americas event.

DEBT RESTRUCTURING

Debt deal at impasse as creditors unite to reject government's offer

20-07-2020 23:50 Three groups of creditors announce they have rejected Argentina's proposal to restructure US$66 billion of debt and delivered a counter offer to government – which President Alberto Fernández promptly dismisses out of hand.

Coronavirus pandemic

Argentina records more than 100 deaths in a day from Covid-19

20-07-2020 22:28 Weekend pushes Monday's Covid-19 death toll up to its highest daily tally yet since pandemic began: 113 deaths.

Bloomberg

Creditors join forces to demand better terms on debt deal

20-07-2020 21:54 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.

INTERVIEW

Vilmar Ibarra: 'Both Alberto and Cristina know this coalition works with both of them'

20-07-2020 10:35 Legal & Technical secretary Vilmar Ibarra is one of President Alberto Fernández's most trusted officials. In an interview, she discusses the relationships within the ruling Frente de Todos coalition, judicial reform and the potential legalisation of abortion in Argentina.

by Rosario Ayerdi

POLITICS & THE PANDEMIC

Coalitions under stress

18-07-2020 08:37 Political rivals are accusing each other of being “haters” – but of course, one person's hater is another person's hero. The pressure, however, is not just external.

by Martín Gambarotta

Coronavirus pandemic

'We will try to return to normal life': Fernández loosens lockdown

17-07-2020 21:45 Amid record Covid-19 surge in cases and fatalities, President Alberto Fernández announces loosening of lockdown restrictions in the Buenos Aires Metropolitan Area and phased re-opening of activities.

AMIA attack

Renewed calls for justice, 26 years on from AMIA bombing

17-07-2020 16:24 26 years after the bombing attack on AMIA Jewish community centre, a crime for which no-one has been detained, the Jewish community renews its call for justice.

Coronavirus pandemic

Covid-19 surge continues: 4,250 infections and 82 deaths

16-07-2020 01:12 Health Ministry announces new high of 4,250 infections and 82 deaths in 24 hours. To date, Argentina has 111,147 confirmed cases of Covid-19, with 2,050 fatalities registered.

DEBT RESTRUCTURING

'We can't do more than this,' Fernández tells Argentina's creditors

13-07-2020 23:54 President says in a radio interview that Argentina has made its "maximum effort" to reach an agreement with bondholders, reiterating that what's on the table is the country's "final offer."

Coronavirus pandemic

Argentina surpasses 100,000 confirmed cases of Covid-19

12-07-2020 21:06 Health Ministry confirms 2,657 new cases of Covid-19, taking Argentina past the symbolic 100,000 barrier.

POLARISATION & POLITICS

So much for unity: La grieta returns with a vengeance

11-07-2020 07:42 Tensions between government and opposition soar in week Argentina celebrated Independence Day.

BLOOMBERG

Ecuador’s speedy debt deal underscores Argentina’s hang-ups

10-07-2020 17:31 President Lenín Moreno’s administration struck an agreement with some of its top bondholders this week ahead of a mid-August deadline, when a moratorium on payments ends. By contrast, Argentina has presented a second binding offer to creditors after pushing back its deadline five times.

9 de Julio

Fernández calls for unity in face of pandemic on Independence Day

09-07-2020 18:07 "No society realises its destiny amid insults and divisions, and with hatred as a common denominator," declares president at event marking 9 de Julio, lashing out at "serial haters."

DEBT RESTRUCTURING

Favourable initial reaction to Argentina's new debt swap offer

08-07-2020 16:58 Two investment funds, Gramercy and Fintech Advisory, express approval for Argentina's new debt restructuring offer. Creditors entering the swap stand to obtain 53.5 cents for every dollar loaned as against 39 cents in the first offer rejected by most creditors.

Coronavirus pandemic

Fernández wishes Bolsonaro a speedy recovery from Covid-19

07-07-2020 23:28 Peronist leader sends his Brazilian counterpart a letter wishing him a speedy recovery, after Bolsonaro confirmed Tuesday he had tested positive for Covid-19.

DEBT RESTRUCTURING

Government files new debt restructuring offer with SEC

07-07-2020 14:04 Argentina formally presents its new proposal to the US Securities and Exchange Commission, extending deadline for acceptance to August 4.

BLOOMBERG - OPINION

Mohamed A. El-Erian: Argentina's debt proposal deserves support

07-07-2020 01:35 It would be in neither side's long-term interest to allow the theoretical best to be the enemy of the attainable good – what is now on the table warrants support by both Argentina and its creditors.

DEBT RESTRUCTURING

Fernández: New offer to creditors on way, deadline moved to August 4

05-07-2020 22:10 Argentina to present new offer to bondholders on Monday, with deadline extended until August 4.

CORONAVIRUS PANDEMIC

Anxiety and anguish in Buenos Aires as lockdown returns

04-07-2020 08:57 The Buenos Aires metropolitan area returned to a strict quarantine this week and many citizens are growing increasingly uncomfortable.

ILLEGAL ESPIONAGE SCANDAL

The curse of power in Argentina

04-07-2020 08:06 Several of the major corruption cases of the K decade could end up being dropped due to procedural abuses, aiding the newfound lack of political motivation of most magistrates.

by Agustino Fontevecchia

ANALYSIS

Sino-American dispute a looming threat for Argentina and Brazil

04-07-2020 07:57 The relationship between Buenos Aires and Brasilia is in intensive care and the lack of coordination between the two governments exposes the region to an external vulnerability – becoming a place where the US and China settle their differences.

by Leandro Dario

SPECIAL INVESTIGATION

¿Qué pasa entre Alberto y Cristina?

04-07-2020 07:41 Pressure is growing on President Fernández to found his own ‘Albertismo’ movement, while Cristina Fernández de Kirchner sets the pace for both, with infighting channelled through their officials and allies – a tussle most recently exposed by the move on Vicentín.

POLITICS & THE PANDEMIC

Metropolitan area blues

04-07-2020 07:29 The display of bipartisan civility, even with disagreements behind the scenes between Buenos Aires City and Province, is now routine. Yet the volatility has not gone away.

by Martín Gambarotta

DEBT RESTRUCTURING

Two creditor groups mull 'lock-up' to oppose government's offer

03-07-2020 03:47 The Ad Hoc and Exchange Bondholder groups are closely watching to see if the government submits an offer that it has discussed with a third creditor group – the Argentina Creditor Committee – and would reject it.

Femicide in quarantine

Feminist organisation: one femicide every 29 hours in Argentina

02-07-2020 16:32 Feminist organisation Mumalá recorded at least 143 femicides in Argentina during the first six months of 2020, according to new report.

DEBT RESTRUCTURING TALKS

Government weighs earlier coupon payments as debt talks stall

30-06-2020 19:09 Argentina is considering paying coupons sooner than previously announced, as it aims to close a gap with creditors in debt restructuring talks, according to people with knowledge of the matter.

DEBT RESTRUCTURING

Argentina's creditors urge officials to move ahead on debt talks

30-06-2020 15:10 Creditors groups call for progress on talks, saying the "lack of serious engagement from the Argentine authorities is deeply concerning."

ECONOMIC INDICATORS

Argentina's economy tanked in April as virus hit home

30-06-2020 12:33 Construction was the worst hit industry, plummeting 86.4%, with hotels and restaurants not far behind (down 85.6%). Manufacturing, down 34.4%, and business, which lost 27%, were also hard hit.

Coronavirus pandemic

Argentina records highest daily death toll yet from Covid-19

30-06-2020 00:23 Forty-eight people died from Covid-19 in Argentina over the last 24 hours, Health Ministry officials said Monday, lifting the total number of fatalities to 1,280.

BLOOMBERG

Economy plunges more than expected after lockdown

29-06-2020 23:10 Economic activity fell 17.5% in April from the previous month, and 26.4% from a year ago, the government reported Monday.

Coronavirus pandemic

Argentina surpasses 50,000 Covid-19 cases, new restrictions on way

26-06-2020 02:58 President Alberto Fernández set to announce return to strict lockdown in Buenos Aires metropolitan area, running from July 1 to 17.

MALVINAS DISPUTE

Solá accuses UK of 'absolute disrespect' towards Malvinas sovereignty claim

23-06-2020 17:22 Foreign Minister Felipe Solá weighs in on Malvinas dispute, saying Argentina will continue to express its "profound annoyance" at the United Kingdom's "absolute disrespect" towards sovereignty claim.

BA CITY & PROVINCE

Officials to tighten AMBA lockdown if curve continues to accelerate

23-06-2020 00:29 As officials report new daily high of confirmed cases, Fernández, Kicillof, Rodríguez Larreta meet at Olivos and agree to tighten restrictions in Buenos Aires metropolitan area if curve continues to accelerate.