News of bloomberg

Rout in billionaire family's bonds shows no-one trusts Argentina

25-09-2020 11:55 For all of Argentina’s assurances that a round of capital controls announced last week are only temporary, investors are making the opposite bet – and the evidence is there for all to see.

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.

Trump's candidate inches closer to victory in race to lead IDB

10-09-2020 18:35 Mauricio Claver-Carone is inching closer to becoming head of the Inter-American Development Bank, after Mexico decided to pass up a potential boycott of Saturday’s vote.

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.

Bond traders are already betting on Argentina’s next default

18-08-2020 10:58 In the next few weeks, officials will put the finishing touches on a bond restructuring deal and bring an end to the ninth default in the country’s history. Bond traders are already bracing for the 10th...

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. 

Investing legend uses distressed debt to hunt for next Messi

24-07-2020 15:26 Martin Schubert, the pioneer of emerging-market debt swaps, is searching for the next Lionel Messi though an out-of-the-box trade combining distressed notes and sports.

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.

Covid-19’s toll will rewrite Latin America's future

01-07-2020 23:22 The multiple crises assailing Latin America might not go entirely to waste, but to achieve lasting salutary change, the region must address the systemic vulnerabilities laid bare by the pandemic.

by Mac Margolis

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.

Helicopter money won’t ease Latin America’s pandemic pain

08-05-2020 09:25 Along with Covid-19, a fever of wonkery has broken out over how to reverse the collective economic contraction and to carry on once the health emergency has passed. As the worst of the pandemic is yet to come.

by Mac Margolis

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.

Fragile Latin America faces another lost decade – and maybe worse

07-04-2020 17:29 Like most of the world, the region is bracing for the deepest recession in its modern history. Bank of America expects a 4.4% slump in output this year as the coronavirus epidemic spreads.

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.

Malbec-soused bonds offer haven for hard-hit investors

29-01-2020 14:55 Amid the junk-rated moonscape that is most of Argentina’s debt, Mendoza’s bonds due in 2024 have returned 6.2 percent since January 1, trouncing all other government and corporate notes.

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.

China consortium close to buying Argentine power unit

11-12-2019 10:29 Led by China Huadian Corp, consortium now close to acquiring a controlling stake in Stoneway Group LP, Bloomberg reports.

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.

Fine print on Argentine bonds becomes crucial as default fears grow

01-11-2019 13:28 President-elect Alberto Fernández says Argentina needs debt relief. Investors are paying a premium for bonds that they think will give them more negotiating power in the event of a default.

Eduardo Levy-Yeyati: Argentina's narrow path to common ground

01-11-2019 07:30 Economist and author Eduardo Levy-Yeyati says Alberto Fernández has a chance to fix Argentina's deep-seated economic problems — if he acts quickly.