News of bloomberg

Argentina accelerates money printing ahead of November elections

28-09-2021 14:58 Central Bank steps up pace of money printing to fund government spending ahead of November’s midterm elections, potentially stoking inflation in the months ahead. 

Argentina slows peso devaluation in an attempt to curb inflation

01-07-2021 07:55 Policy makers see slower peso depreciation, managed by the Central Bank in a so-called 'crawling peg,' as a key tool to curb rising inflation expectations.

Covid’s shockwaves took poverty in Latin America to a new nadir

05-05-2021 13:33 The Covid-19 pandemic has sent a wave of poverty racing across Latin America, deepening declines that began over the past decade and consigning millions to lives of deprivation.

Kicillof, bondholders’ old foe, plays default hardball

30-03-2021 11:27 Axel Kicillof relished clashing with foreign investors when serving as economy minister. Today, as governor of Buenos Aires Province, he's again locked in a bruising battle with financiers in New York and London.

World's first wind tax leaves green developers scratching heads

25-01-2021 07:23 Puerto Madryn wants to tax the megawatts of energy sold by wind farms, drawning scorn from clean-energy companies, who say the move threatens climate-change goals.

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 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.

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.

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

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.