News of capital

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.

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.

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.

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

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.

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.

Wealth tax fought by the rich raises more than US$2 billion

03-05-2021 21:58 Alberto Fernández administration has raised 74% of the amount it had targeted from a controversial new tax on the country’s wealthiest citizens.

Behind the scenes, Kicillof and Rodríguez Larreta seek to rebuild bridges

24-04-2021 00:42 City government believes fixing ties with Kirchnerite governor of Buenos Aires Province will repair the relationship at national level.

by Rosario Ayerdi

Tax-the-rich initiatives gain support across Latin America

08-04-2021 14:55 Chile, Mexico, Colombia see wealth tax proposals advancing, Argentina and Bolivia have already passed measures; Debt in region soared as pandemic caused worst crash in two centuries.

Argentina's wealth tax has collected just 2% of target to date

06-04-2021 16:47 Argentina’s new wealth tax has netted just two percent of its target figure ahead of its original deadline, with the nation’s richest citizens evidently in no hurry to pay up.

Senate begins analysing 'wealth tax' bill, vote likely early December

25-11-2020 07:52 Senate begins analysing 'wealth tax' bill to impose a one-off levy on Argentina's richest citizens on Tuesday, following last week's approval of the initiative in the lower house.

Chamber of Deputies approves government’s ‘wealth tax’ bill

19-11-2020 02:05 Lawmakers in Argentina’s lower house approve move to introduce one-off levy affecting those with largest fortunes. Bill, which Peronist lawmakers hope will raise US$3 billion, now goes to Senate.

Dozen secondary schools re-open doors in Buenos Aires City

13-10-2020 16:44 Twelve schools re-opened their doors in the capital on Tuesday, with teachers hosting the first face-to-face classes in Buenos Aires City for seven months.

Federal police officer killed in fatal stabbing attack near MALBA

29-09-2020 18:14 Inspector with the Federal Police stabbed to death just outside the MALBA Latin American art museum in Palermo on Tuesday afternoon.

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.

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.

Banks block accounts of those suspected of trying to circumvent dollar quota

17-07-2020 00:11 At least three of country's biggest banks have started to block dollar purchases via online platforms for clients suspected of using loopholes to purchase greenbacks beyond the US$200 limit.

Cristina & Macri’s pornographic obsession with the dollar

06-06-2020 08:38 Monetary debasement is a policy that every Argentine government since the return of democracy has collaborated with, and those “smart” enough to play the game have always stored their wealth as far as they can from Argentine pesos, Macri and Cristina included.

by Agustino Fontevecchia

Children in Buenos Aires finally get nod to leave homes for recreation

11-05-2020 09:27 Buenos Aires City Mayor Horacio Rodríguez Larreta announces all kids in the capital can leave their homes for one hour either on Saturdays or Sundays, depending on the final number of their parents' DNI card.

Buenos Aires City and Province account for 70% of Covid-19 deaths in Argentina

05-05-2020 12:43 Buenos Aires Province, the country's most populous region, has recorded 99 deaths at the time of writing, with 82 registered in the nation's capital.