News of alberto fernandez

Argentina bond rout blows up the template for debt restructuring

19-10-2020 20:40 Investors are giving up on Argentina, just six weeks after the government pulled off a US$65-billion restructuring.

OCTOBER 17 ANNIVERSARY

Fernández vows to put Argentina ‘back on its feet’ in Peronist loyalty day speech

19-10-2020 16:24 President Alberto Fernández told his political backers and supporters on Saturday that he wants to rid Argentina of “hatred” and put the country “back on its feet.”

EVO TO EXIT ARGENTINA

Evo Morales says he will return to Bolivia after ally's election victory

19-10-2020 15:34 "Sooner or later we are going to return to Bolivia, that is not up for debate," exiled Bolivian leader tells a press conference in Buenos Aires.

Coronavirus pandemic

Covid-19 hits Mar del Plata, as pandemic surges in Argentina

19-10-2020 07:00 Mar del Plata has become an epicentre in a coronavirus surge through Argentina's interior that has given the country the fifth-highest confirmed case total in the world.

56th IDEA colloquium

Fernández rules out devaluation, bank-deposit freeze at IDEA

17-10-2020 10:13 Peronist leader sticks to his guns over government policies, telling business leaders that his government is “convinced that this is the path.”

PERONIST LOYALTY DAY

Peronistas vs Camporistas

17-10-2020 08:44 Ahead of today’s historic 75th Peronist Loyalty Day, the movement’s various strands seem more concerned with jostling for space than making the most of a historic opportunity to overcome polarisation.

by Gustavo González

Energy

Fernández unveils plan to boost production at Vaca Muerta

17-10-2020 08:05 President Alberto Fernández says Argentina wants energy firms to invest some US$5 billion to boost hydrocarbon production and generate jobs in the country’s prized Vaca Muerta shale deposits.

Bloomberg

Cracks surface in Argentina’s ruling coalition as crisis deepens

16-10-2020 11:13 Multiple rifts between different factions within Alberto Fernández's Frente de Todos coalition are coming to light, including including the president's more centrist bloc and the far-left supporters of powerful Vice-President Cristina Fernández de Kirchner.

Coronavirus pandemic

Government approves return of domestic flights

16-10-2020 03:07 Transport Ministry authorises restricted return of domestic flights. Initially services limited to essential workers, exceptional circumstances and those needing medical treatment, with tourism and trips abroad unlikely before December at the earliest.

TALKS OVER IMF PROGRAMME

IMF: Argentina needs 'credible' plan to overcome crisis

14-10-2020 15:00 Argentina's "top priority ought to be to put in place a credible and comprehensive economic agenda that balances supporting the economy and people," says IMF chief Kristalina Georgieva.

Exchange rate

Fernández says no devaluation of peso on the way

14-10-2020 08:09 Argentina’s government is not going to devalue the peso, President Alberto Fernández said Tuesday night amid widespread speculation on the issue.

IMF DEBT TALKS

IMF to launch talks on new loan for Argentina in November

12-10-2020 12:23 The International Monetary Fund says in a statement it will initiate talks with the government on a new rescue package in mid-November.

Financial turmoil

Fernández: Currency market is messy, it needs order

11-10-2020 17:22 In the wide-ranging interview with El Cohete a la Luna, president says Argentina's currency market is messy and must be “ordered.”

Coronavirus pandemic

Fernández puts 14-day restrictions on movement in 18 provinces

10-10-2020 08:28 Government to tighten measures restricting the movement of people in 18 provinces for two weeks, as Covid-19 infections and fatalities continue to break new records.

SENATE ADDRESS

Cafiero confirms government wants to postpone IMF debt repayments

07-10-2020 17:56 In address to Senate, Cabinet Chief Santiago Cafiero confirms government will ask the International Monetary Fund to postpone scheduled repayments on a US$44-billion loan.

IMF TEAM IN TOWN

IMF vows not to put 'pressure' on Argentina over loan

07-10-2020 00:52 Kristalina Georgieva says IMF has "no intention of putting pressure on Argentina at this time," as negotiators from Fund arrive in Buenos Aires for talks.

IMF DEBT TALKS

IMF team arrives in Argentina with Fernández seeking deal ASAP

05-10-2020 10:07 President Alberto Fernández says he’s seeking an agreement with Fund “as soon as possible,” in order to "clear up any doubts.”

Death of Facundo Astudillo Castro

Autopsy: Facundo Astudillo Castro's death was 'violent,' caused by 'drowning'

02-10-2020 14:55 Forensic experts conclude late 22-year-old died of “asphyxia by submersion,” adding it was not possible to determine if the young man’s death was a homicide due to “advanced skeletonisation of corpse.” No evidence of third-party involvement, nor that body was moved after death.

by James Grainger

COURTS

Supreme Court agrees to rule on transfer of judges

02-10-2020 00:48 Supreme Court justices unanimously decide to accept per saltum appeals of three judges against Senate vote transferring them from their current federal appeals court benches.

Bloomberg

Government to devalue peso faster while it fights reserves drop

01-10-2020 23:09 The Central Bank will end a policy of “uniform devaluation” and allow greater volatility, according to a statement sent by the institution led by Miguel Pesce after hours Thursday.

MERCOSUR

Felipe Solá: Argentina won’t stop or reject EU-Mercosur trade deal

01-10-2020 19:59 Foreign minister says country has “changed stance” on free-trade agreement and will debate it in Congress when concerns over environmental

by Fermin Koop

Coronavirus pandemic

Argentina surpasses 750,000 Covid-19 infections

01-10-2020 02:01 Health Ministry reports new daily high of 14,392 new infections, pushing total confirmed cases past 750,000.

'LA GRIETA'

Coronavirus quarantine revives Argentina famous ‘grieta’

28-09-2020 18:36 Nearly seven months of quarantine and a deep economic crisis have only fuelled the radical polarisation that splits Argentina in two.

Coronavirus pandemic

More than 9,000 new virus cases as infections surpass 710,000

28-09-2020 09:18 Argentina has recorded 711,325 infections of Covid-19 since the start of the pandemic, with more than 129,000 of those still confirmed as active.

ABORTION DEBATE

Activists renew call for abortion reform in Argentina

27-09-2020 22:06 Activists from Amnesty International stage unusual protest outside National Congress building, as part of a publicity campaign renewing their demand for free, legal and safe abortion in Argentina.

New financing programme

IMF says it will send mission team to Argentina in October

24-09-2020 18:50 IMF says a mission team will visit Argentina at the start of next month, as talks over a new financing programme begin in earnest.

UN GENERAL ASSEMBLY

Bolivia's leader criticises Argentina at UN for harbouring Evo Morales

23-09-2020 18:18 Bolivia's interim leader criticises Argentina for its "harbouring" of the country's former president Evo Morales, who she accuses of conspiring to foment unrest in her country.

UNITED NATIONS GENERAL ASSEMBLY

Fernández reiterates Malvinas sovereignty claim in first UN appearance

22-09-2020 22:40 President expresses support for multilateralism and challenges world leaders to use the health crisis as a moment of inflection to find solutions for other scourges as well.

Coronavirus pandemic

Anti-government protesters take to streets across country

20-09-2020 22:30 Rallies take place in cities across Argentina for a second consecutive Saturday, as demonstrators express anger at coronavirus lockdown, currency controls, controversial transfer of judges and judicial reform bill.

CORONAVIRUS PANDEMIC

Government extends coronavirus lockdown until October 11

19-09-2020 08:33 Government warns citizens not to relax as infections reach 613,000. Buenos Aires City to relax some measures as surge in cases draws attention to inland provinces.

CAPITAL CONTROLS

Fernandez defends new currency controls as blue dollar soars

19-09-2020 08:25 Economists question wisdom of new Central Bank measures, which hit small savers as well as companies. Blue dollar closes week at more than 140 per greenback.

BLOOMBERG

Offshore millionaires become target of wealth tax bill

17-09-2020 19:34 Government plans to broaden bill imposing taxes on the rich in order to reach non-residents and their investments in Argentine companies, according to lawmaker Carlos Heller.

CONGRESS, CORRUPTION & THE COURTS

Fernández signs decree formalising removal of judges investigating CFK

17-09-2020 19:21 In wake of Senate vote boycotted by opposition, president signs three decrees to annul transfers of three judges involved in corruption cases against Vice-President Cristina Fernández de Kirchner.

Bloomberg

Pesce, Guzmán split over curbs on dollar purchases

17-09-2020 16:19 Argentina's economic team split on latest crackdown, as well as how long new rules should remain in place.

Bloomberg

Argentina bonds fall with tighter foreign-exchange controls

16-09-2020 23:23 Argentine bonds fell Wednesday after the government expanded restrictions on foreign exchange in an attempt to hold onto US dollars as reserves dwindle.

CURRENCY CONTROLS

Central Bank tightens currency controls as peso weakens

16-09-2020 10:29 Central Bank tightens conditions for the purchase of foreign currency, to prevent hoarding, preserve reserves and discourage demand for US dollars.

Budget proposal

Fernández's first Budget projects 5.5% growth in 2021

16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.

Bloomberg

Argentines are abandoning a trade that hedged currency risk

14-09-2020 16:02 Dollar-linked instruments in the local market are being abandoned amid speculation government will create a weaker parallel exchange rate while giving investors less favourable terms.

Former president

Macri 'breaks silence' to launch fierce attack on Fernández

13-09-2020 23:52 Former president pens column for La Nación, accusing Peronist leader of leading a “systematic and permanent attack” on Constitution.

IMF DEBT TALKS

Guzmán: Argentina wants IMF deal with no payments until 2024

13-09-2020 22:50 Economy minister says Argentina wants to delay all IMF loan repayments until 2024 at the earliest in interview with La Nación.

debt talks

IMF in 'initial stages' of Argentina loan talks: official

10-09-2020 18:27 The IMF is in the early phase of talks with Argentina over a new financing programme, and is gathering information on how best to help the country, confirms spokesperson.

Provincial police rebel

Fernández tries to defuse protests by Buenos Aires Province police

09-09-2020 23:27 Police officers in Buenos Aires Province escalate protests, with a group congregating outside the Olivos presidential residence. President Alberto Fernández vows to meet demands but criticises demonstration.

Coronavirus pandemic

High daily tally pushes Argentina past 500,000 infections

08-09-2020 22:23 Country recorded more than 12,000 confirmed cases in a day for only the second time, pushing total past half a million. Death toll reaches 10,405.

POLICE PROTEST

Police officers in Buenos Aires Province protest to demand better salaries

08-09-2020 15:59 Government promises pay increase after retired and active police officers stage demonstration outside Governor Kicillof's residence in La Plata to demand urgent salary increases and more protective equipment to protect against Covid-19.

Travel & Tourism

Transport minister says 'return of regular flights' may begin on October 1

08-09-2020 14:46 Commercial flights may begin again on October 1, depending on the progression of the coronavirus pandemic, international border restrictions and provincial regulations on internal movement.

Facundo Astudillo Castro

Protesters rally in capital to demand justice for Facundo Castro

04-09-2020 02:50 Protest held one day after forensic experts confirm remains of a body found in a rural area of Buenos Aires Province belong to Castro, a 22-year-old who had been missing for more than 100 days.

FACUNDO ASTUDILLO CASTRO

Judge confirms found remains belong to Facundo Astudillo Castro

03-09-2020 04:11 Bahía Blanca Federal Judge María Gabriela Marrón confirms remains of a skeleton found earlier this month belong to missing 22-year-old, who was last seen alive on April 30.

Coronavirus pandemic

Argentina’s Covid outbreak worsens with 47% of tests positive

01-09-2020 15:39 Almost 47% of people tested for coronavirus in Argentina get a positive result back. The WHO suggests nations push the rate below 5% for several weeks before reopening their economies.