News of cash

Economy Ministry to halt Central Bank advances until end of 2020

03-11-2020 12:53 Economy Ministry says it will not ask the Central Bank for temporary advances of cash in November and December and would target local capital markets for financing instead.

BLOOMBERG – OPINION

Bolsonaro’s addiction to Covid cash could make Brazil go bust

07-10-2020 16:12 Brazil President Jair Bolsonaro's populist push already has some investors smelling fiscal disaster.

by Mac Margolis

BLOOMBERG

Argentina’s new obsession is watching foreign reserves evaporate

05-10-2020 16:14 At brokerages and banks, the calls come in every day with the same question: How many dollars does the Central Bank actually have?

Coronavirus pandemic

Precarious workers struggle to get by on delivery jobs, state aid

21-08-2020 02:05 Many informal workers, who found themselves unemployed overnight when the pandemic hit, are scraping by on state support packages or low-paid delivery jobs.

Is cash still King?

Cash, long a refuge in uncertain times, now under suspicion

20-05-2020 08:23 In troubled times, people have been known to hoard currency. But in the coronavirus crisis, things are different. Cash, so often a source of reassurance, is now a source of suspicion.

FINTECH

Fintechs boom with cash-loving Argentines stuck at home

25-04-2020 11:18 The shift in how people pay for goods and services has been a boon for digital payment platforms and banks.

BLOOMBERG

Monetary stimulus goes straight back to Central Bank

08-04-2020 16:28 Money Central Bank is pumping into the moribund economy to provide cheap credit is finding its way straight back to its own coffers. Monetary base has increased by 619 billion pesos, or 34%, in the past 30 days.

BLOOMBERG - OPINION

Chris Bryant: Norwegian Air is flying again

24-10-2019 12:44 As with WeWork, Norwegian’s once giddy valuation imploded last year when investors started to doubt that the balance sheet was robust enough to support Kjos’s huge ambitions.

Bloomberg

Investors stuck in Argentina rush to local corporate bond market

11-10-2019 10:34 Foreign investors are starting to flock to Argentina’s usually sleepy local corporate-bond market, desperate to reinvest cash stuck in the country due to recently imposed capital controls.

UNITED NATIONS

UN warns it may default on salaries by November

09-10-2019 11:35 Argentina among countries that have yet to pay their 2019 dues, says UN Secretary General António Guterres, as he warns of a cash crisis.

ARGENTINE SUPERSTAR

Lionel Messi is sports world's highest earner, says Forbes

11-06-2019 16:11 Barcelona and Argentina star Messi dethroned retired boxer Floyd Mayweather as the sports world's highest earner on magazine's annual rich list, raking in US$127 million via salary and endorsement deals.