News of bloomberg

Argentina can avoid a devaluation, says Domingo Cavallo

30-10-2020 14:35 Former economy minister Domingo Cavallo tells Bloomberg in an interview that it’s still possible to avoid a one-off devaluation of the peso.

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.

Argentina’s virus outbreak rages while region gets some relief

24-09-2020 15:13 As some relief finally arrives to countries across the region, Argentina is seeing cases spread to ill-prepared interior provinces and daily death records set on multiple days this week.

Argentina yield curve inverts as forex controls spook investors

23-09-2020 16:36 Less than a month after Argentina’s US$65-billion debt restructuring, bond prices show growing concern the government may struggle to pay its obligations.

Coronavirus pandemic alters 9/11 remembrance in the US

10-09-2020 17:03 19 years after the September 11 terror attacks, the United States will remember the victims while keeping coronavirus protocols in mind.

Boris Johnson’s move to break international law sparks outrage

08-09-2020 19:16 British Prime Minister Boris Johnson’s threat to break international law over Brexit was slammed by members of his own party on Tuesday, who warned it will damage the UK's global standing.

Trump's pick for top IDB job slams Argentina's 'obstruction'

12-08-2020 16:42 Mauricio Claver-Carone, US President Donald Trump's candidate to head the Inter-American Development Bank, claims he has the backing of the majority of Latin American countries and accuses Argentina of trying to "obstruct" his election. 

For Argentina, reaching a debt deal was the easy part

10-08-2020 15:50 Many analysts foresee the IMF agreeing to reschedule the loan to its biggest debtor. Nonetheless, the Fund’s imprimatur will come with conditions.

by Mac Margolis

Biden, Gates, other Twitter accounts hacked in Bitcoin scam

15-07-2020 23:34 Unidentified hackers spark chaos after breaking into Twitter accounts of technology moguls, politicians, celebrities and major companies in an apparent Bitcoin scam.

World drinks less coffee while office workers stay home

13-07-2020 12:52 Global coffee consumption is set to fall this year for the first time since 2011. In a work-from-home world, hitting the local cafe for a daily caffeine fix has become a ritual of the now-forgotten past.

In perennial economic crisis, Argentina faces worst year yet

23-06-2020 23:15 Some analysts are predicting a record contraction for Argentina's economy this year, with double-digit estimates of decline beginning to emerge.

IMF builds a US$107 billion safety net under key Latin Economies

19-06-2020 19:34 After markets suffered a free-fall in the first quarter, Chile and Peru rushed to join Mexico and Colombia as the only nations in the world with access to the Fund’s Flexible Credit Line, or FCL.

Pandemic awakes new customer base for Latin America's e-commerce giants

30-04-2020 17:55 The coronavirus pandemic is reshaping consumer habits in Latin America, sending droves of buyers online for the first time.

Greenback dealers on motorbikes deliver a cash lifeline in Argentina

28-04-2020 23:41 After decades of defaults, currency crises, high inflation and volatile politics, men yelling “exchange! exchange!” in downtown Buenos Aires became part of the city’s fabric. Amid the coronavirus pandemic, though, no-one is selling on the streets. Instead they’re delivering to customers’ homes.

Top Trump official eyed for Inter-American Development Bank

17-02-2020 08:08 Mauricio Claver-Carone, the senior director of the NSC for Western Hemisphere Affairs, is being considered for the executive vice-president’s job at the IDB, according to reports.

Hedge funds join forces to prepare for Argentina debt talks

14-02-2020 19:06 Monarch Alternative Capital LP is spearheading a group of hedge funds organising ahead of debt restructuring talks with Argentina, according to Bloomberg.

Dead lamb swimming-pool plunge sparks anger in Argentina

17-01-2020 08:04 Scandalous video showing lamb being dropped from helicopter to a swimming pool of home rented by Etiqueta Negra clothing line founder Federico Álvarez Castillo sparks anger – and debate.

Peso to weaken against dollar even more, says top forecaster

16-01-2020 07:44 Analyst predicts peso may reach 100 per greenback by end of the year – a 40 percent decline from the official rate now.

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.

Civil unrest haunts those who remember Latin America’s juntas

19-11-2019 13:46 Unrest in the region is putting soldiers back into the public eye.