News of cash

Argentina offers its creditors climate action instead of money

05-11-2021 01:48 Argentina is pushing for a new way to service debt: instead of paying creditors with cash, it wants them to recognise the country’s efforts to tackle climate change.

POLITICS

Filthy, dirty, sexy (monopoly) money

01-10-2021 23:04 Frente de Todos will put out all the stops to win back disillusioned voters in Peronist strongholds that didn’t go out to vote.

by Agustino Fontevecchia

KIRCHNER FAMILY WEALTH

Cristina Fernández de Kirchner declares wealth of 16.4 million pesos

22-09-2021 14:19 Vice-President Cristina Fernández de Kirchner declares total wealth of 16,463,095 pesos; Máximo Kirchner reports 400 million pesos.

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.

Cash money

‘Experts in regulated markets’

03-07-2021 23:22 Argentina’s ‘experts in regulated markets’ are making big bets just at the right time.

by Agustino Fontevecchia

FINANCIAL TURMOIL

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.