ELECTIONS 2023 Jorge Macri chosen as PRO mayoral candidate in City 30-05-2023 17:45 Mayor Horacio Rodríguez Larreta confirmed that Jorge Macri will be PRO's solo candidate in Buenos Aires City; Ex-Vicente López leader outperforms Fernán Quirós in polling.
ELECTIONS 2023 City mayoral race takes shape as PRO leaders align 16-05-2023 22:15 Horacio Rodríguez Larreta and Patricia Bullrich agree to unite behind a single candidate in capital; PRO will stage competitive PASO in Buenos Aires Province.
BLOOMBERG – FEATURE Argentina cracks as peso plunge raises risk of messy devaluation 28-04-2023 12:39 Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation.
MARKET RUMOURS Argentina brokerage apologises after spreading devaluation rumour 22-04-2023 18:26 Brokerage firm Max Capital Valores said it “deeply regretted” spreading misinformation over a currency devaluation of the nation’s official exchange rate.
FINANCIAL TURBULENCE Peso slumps in parallel market as inflation soars 18-04-2023 20:29 Argentina’s peso tumbled as much as 4.2 percent in the parallel exchange market Tuesday, the most this year.
Eugenio Burzaco interview City security minister: ‘Tasers will be operational in Buenos Aires by June or July’ 18-04-2023 16:09 Buenos Aires City Security Minister Eugenio Burzaco reveals in an interview that the first shipment of tasers will arrive this month and City Hall hopes to have 100 in use by the end of the year.
POLITICS: ELECTIONS 2023 Opposition seeks unity after furious City elections row 14-04-2023 11:03 Leaders from Juntos por el Cambio play down tensions and look to move on from row over City elections.
POLITICS: ELECTIONS 2023 Opposition infighting erupts over City elections switch 10-04-2023 21:40 Buenos Aires City Mayor Horacio Rodríguez Larreta sparks controversy in opposition coalition with announcement that local and national elections will take place on same day, though on separate ballots; Vidal, Macri, Bullrich respond fiercely to decision, strongly criticising presidential hopeful.
REVENUE-SHARING ROW Alberto Fernández now says he’ll comply with top court order 26-12-2022 14:00 Days after saying he would not comply with a Supreme Court order that called for it to return federal funds to the Buenos Aires City government, President Alberto Fernández says will he honour the decision.
ECONOMY & POLITICS Government creates new exchange rate for provincial economies 07-11-2022 17:13 Economy Minister Sergio Massa says government will create new temporary exchange rate for provincial economies.
EDITORIAL Stating the less than obvious 22-10-2022 06:20 Understanding a problem is the most important half of the solution.
NEW MEASURES Argentina slaps new taxes on concerts, travel before World Cup 12-10-2022 08:17 Argentina's government is applying new taxes on travel abroad ahead of the World Cup, and on concerts by artists who charge in foreign currency, as it seeks to protect its low reserves and avoid a devaluation.
Currency crisis Economy Ministry set to introduce ‘tech dollar’ exchange rate for freelancers 26-08-2022 10:24 Portfolio headed by Sergio Massa is moving forward with plans to introduce a "monotributo tech" exchange rate for freelancers in the knowledge economy.
LIVING WITH CRISIS Argentina remains hooked on ‘dollar-dependence’ 30-06-2022 00:37 Argentines do their accounts in dollars, traumatised by recurrent economic crises and tormented by the inflation that is eating away at their pockets and is projected to exceed 60% this year.
Coronavirus pandemic Facemasks no longer mandatory in enclosed spaces, says City Hall 16-06-2022 10:51 More than two years on since their introduction, the use of face masks is no longer compulsory in enclosed places in Buenos Aires, City Hall announced this week.
EDUCATION ROW City Hall bans use of inclusive language in Buenos Aires' schools 10-06-2022 17:22 Buenos Aires City Mayor Horacio Rodríguez Larreta has banned the use of inclusive Spanish language in schools across the capital; Critics push back against measure.
Bloomberg Argentina approves Ualá’s purchase of Eurnekian’s Wilobank 10-06-2022 08:30 Argentina’s Central Bank has approved fintech Ualá’s purchase of billionaire Eduardo Eurnekian’s digital bank Wilobank.
INTERVIEW / PERIODISMO PURO Hernán Lacunza: 'The healthy antidote for avoiding capital flight is confidence' 03-06-2022 10:27 Former economy minister Hernán Lacunza on the IMF debt agreement, eyeing short-term fetishes instead of solutions and capital flight. by Jorge Fontevecchia
BLOOMBERG Hunt for lithium sparks frantic rush into Argentina's mountains 24-05-2022 13:20 Looming shortage of lithium, key for electric vehicles, gives Argentina a chance to become a mining mecca.
Bloomberg Argentina must move faster to realise potential, top miner says 19-05-2022 14:20 Canadian mining entrepreneur Rob McEwen urges Argentina to move forward with legislative changes that would increase the nation's attractiveness to investors.
BLOOMBERG As rivals turn screws on mining, Argentina puts out welcome mat 11-05-2022 23:35 Government turns to capital-control loopholes and tax breaks, eyeing export boost as neighbours look to raise mine taxes.
BLOOMBERG Ualá founder raises US$30 million for LatAm venture capital fund 18-04-2022 15:13 Founder of Argentine fintech Ualá, Pierpaolo Barbieri, launches venture capital firm with US$30 million from a roster of investors.
FOOTBALLERS & WEALTH TAXES ‘Kun’ Agüero versus the Kirchnerites 18-02-2022 22:54 Sergio Agüero sparks debate and anger on social networks after he questions the national government’s ‘wealth tax’ on large fortunes. by Daniel Vico
nuclear deal Argentina signs agreement to build fourth nuclear power plant 04-02-2022 03:22 New nuclear power plant, Atucha III, requires an investment of more than US$8 billion and will create 7,000 new jobs, according to the government. Announcement made on eve of president’s visit to China.
wealth tax Wealth tax nets 247 billion pesos from 10,000 tax-payers 29-12-2021 23:19 According to Economy Ministry data, revenue from Argentina’s one-off capital levy on assets totals 247.503 billion pesos (around US$2.4 billion) as of December 18, with contributions from more than 10,000 tax-payers.
COURT RULING Carlos Tevez loses legal bid to avoid paying Argentina’s wealth tax 22-12-2021 12:32 Court rejects injunction filed by ex-Boca Juniors striker Carlos Tevez seeking to exclude him from paying Peronist government’s wealth tax on large fortunes.
BLOOMBERG Argentine fintech start-up Ualá starts its own brokerage service 08-12-2021 08:51 Company to allow dollar purchases at parallel exchange rate; Start-up is ramping up investment after last funding round.
BLOOMBERG Argentine warrants more than double after ruling favours Aurelius 03-12-2021 01:27 US court rules Argentina will be required to show how it calculated statistics at the centre of a legal battle between the country and hedge fund Aurelius Capital Management LP.
ELECTIONS 2021 Milei the ultra-liberal vows to do away with Argentina's ‘political caste’ 11-11-2021 23:18 Outspoken ultra-liberal economist Javier Milei’s rhetoric continues to find its target; All eyes on Avanza Libertad’s performance in Sunday’s election.
FINANCIAL TURBULENCE Currency turbulence continues: Blue dollar closes at 199 05-11-2021 18:26 In the last three weeks, the 'blue' dollar has soared 15 pesos, widening the gap over the official exchange rate and adding to inflationary pressures.
Modern diplomacy Messi: Argentina's 'number one' ambassador in Paris 09-10-2021 12:23 Argentine expatriates in Paris are delighted to see their fellow countryman playing for PSG, with many hailing the Rosario-born star's impact.
BLOOMBERG In home of Malbec, eyes turn toward idled US$5-billion potash mine 09-09-2021 14:52 Mendoza Province in talks with some of world’s top producers of potash to revive Río Colorado mine.
BLOOMBERG Argentina tightens capital controls ahead of midterm elections 13-08-2021 14:11 Regulators tighten screws on so-called blue-chip operations, where investors buy assets in pesos and sell them abroad in dollars to obtain foreign currency.
INTERVIEW María Eugenia Vidal: 'Today I feel I'm the candidate of the entire coalition' 17-07-2021 08:54 Ex-Buenos Aires Province governor discusses Juntos por el Cambio, unity and her decision to launch a congressional run in the nation's capital. by Ezequiel Spillman
Bloomberg Yields topping 14% lure investors to world’s best utility bond 14-07-2021 10:14 The world’s best performing utility bonds come from an unlikely corner of emerging markets – Argentina.
Startups Venture capital surge delivers record for 'unicorn births' 08-07-2021 11:41 According to a report by US-based firms, startups globally raised $156 billion between April and June, the highest level in a decade for the second quarter.
PASO PRIMARIES Opposition's PASO line-up comes into focus as Bullrich drops out 04-07-2021 23:50 PRO party leader Patricia Bullrich says she won't seek office in Buenos Aires City and will instead look ahead to 2023. Decision allows Horacio Rodríguez Larreta to impose a unified list headed by María Eugenia Vidal. by James Grainger
Bloomberg Argentina loses emerging market status on FX controls 25-06-2021 01:55 Argentine stocks were cut from emerging market status by index provider MSCI Inc on the country’s continued capital controls.
Coronavirus pandemic Rodríguez Larreta extends hours for restaurants, bars, shops, loosens curfew 11-06-2021 23:41 City Mayor announces a relaxation of restrictions, including opening hours for restaurants and bars. Curfew hours will now run from 11pm to 6am in capital.