News of cristina

BLOOMBERG

Argentina bonds may be worth less than 40 cents a dollar in a default

Yesterday 12:38 Citi sees recovery value at low-30s range, BofA says below 40. Massive sell-off sent implied probability of default to 85%.

ELECTION 2019

Pichetto accuses Frente de Todos of 'hiding' CFK during campaign

Yesterday 09:37 Pichetto alleges that former president was deliberately been sidelined as the opposition Peronist front sought to paint a more moderate image to voters.

500 DAYS

Fernández, CFK join petition from Argentine leaders for Lula's release

Yesterday 08:35 Presidential frontrunner Alberto Fernández and running-mate Cristina Fernández de Kirchner led calls by dozens of personalities Tuesday to free Brazil's jailed leftist icon Luiz Inácio Lula da Silva.

CHANGE AT THE TREASURY

Peso stability a priority, declares new Finance Minister Hernán Lacunza

20-08-2019 13:46 "Guaranteeing the exchange rate is a first-order objective," says Lacunza, who also promises that Argentina would keep 2019 fiscal targets set in alignment with IMF.

Bolsonaro's Brazil

Bolsonaro: Argentines took out money from banks 'en masse' after Fernández win

19-08-2019 15:06 Since the Frente de Todos candidate's win in this month's primary, the Brazilian president has repeatedly attacked the Kirchnerite party, slamming "leftist bandits" seeking "return to power."

BLOOMBERG

Supporters stand by Alberto Fernández after week of market turmoil

19-08-2019 12:49 Macri supporters are clinging to hopes he can turn around his campaign and pull off an upset in the October 27 presidential election.

BLOOMBERG

Fresh turmoil on cards after Dujovne resignation, debt downgrades

19-08-2019 08:11 Negative headlines may unleash a fresh bout of market turmoil after a brief respite at the end of last week. Argentina’s global bonds will be the first to react, while the nation’s currency and stock markets remain closed on Monday due to a local holiday.

THE COST OF CRISIS

Argentines continue to pay the price of economic meltdowns

17-08-2019 11:14 While investors, creditors and businesspeople lament the potential departure of Mauricio Macri, many voters – hit by spiralling inflation and the economic downturn – are nostalgic for the days of Cristina Fernández de Kirchner and her late husband.

by Lucas Robinson

POST-PASO ARGENTINA

A week is a long time in politics

17-08-2019 10:46 President Mauricio Macri’s PASO loss to Alberto Fernández has dramatically altered Argentina’s political landscape.

by James Grainger

CORRUPTION TRIAL

Court grants Fernández de Kirchner permission for fourth trip to Cuba

16-08-2019 10:12 Former president granted permission to leave country for eight days and miss hearings from her trial regarding alleged fraud in public works projects.

BLOOMBERG – ANALYSIS

Markets: Dead-cat bounce finally arrives for Argentine markets

15-08-2019 15:08 After a brutal three-day sell-off that saw average yields spike to 21% and an implied probability of default gauge surge above 80% percent, investors finally found prices cheap enough to begin taking risk in the battered credit.

2019 Elections

Alberto Fernández: 'No point' in meeting Macri

14-08-2019 14:56 Alberto Fernández emerged with a 15-point lead over the incumbent from Sunday's primaries vote, deeply complicating the Mauricio Macri's chances of winning re-election.

BLOOMBERG

Bond star Hasenstab's fund suffers most as Argentina nosedives

14-08-2019 11:56 US money managers portfolios' slide as post-PASO economic tumble continues.

BLOOMBERG – ANALYSIS

What the markets are telling Argentina's next leader

14-08-2019 09:45 To boost his credibility, Fernández could name someone with a track record in finance to reach out to creditors and the IMF, clearly signalling his commitment to follow through with the fiscal consolidation Macri has put in motion.

by Marc Margolis

ECONOMIC MEASURES

Macri set to announce economic measures to help citizens, firms

14-08-2019 09:29 President set to unveil measures including a boost to child-care benefits, extra tax exemptions for lower-income Argentines, and special conditions for small and medium-sized companies to pay taxes.

PASO FALL-OUT

Alberto Fernández casts doubt over Mercosur's trade deal with European Union

13-08-2019 17:45 Frente de Todos leader questions European Union's trade deal with the South American trade bloc that was signed in June but not yet ratified.

PASO FALL-OUT

Alberto Fernández: 'Two-thirds of the population rejected the government'

13-08-2019 14:39 In a wide-ranging exclusive interview with NET TV, Frente de Todos presidential candidate detailed his views on the economy, Roberto Lavagna, 'la grieta,' his relationship with CFK and Venezuela.

PASO FALL-OUT

Evo Morales: Argentina's PASO vote is a 'rebellion' against IMF

13-08-2019 13:02 Bolivian president describes results of Sunday's vote as "a rebellion of the Argentine people against the economic model of the International Monetary Fund."

BLOOMBERG

YPF bonds hit record low after Fernández-Fernández PASO win

13-08-2019 09:16 Bonds drop amid fears Peronist victory will lead to re-imposition of regulated energy prices.

PASO FALL-OUT

Macri speaks on PASO fall-out: 'Kirchnerismo has no credibility in the world'

12-08-2019 17:13 "We are going to reverse this bad election and we are going to reach the second round," Macri tells reporters in wake of stunning defeat to Peronist candidate Alberto Fernández.

PASOs 2019

Fernández: Macri hasn't called me for years, he's not going to now

12-08-2019 16:31 In comments that raise the spectre of another difficult transition between governments in Argentina, Frente de Todos leader reveals Interior Minister Rogelio Frigerio is the only Juntos por el Cambio figure to have contacted him.

Bloomberg

Markets signal Argentina may be headed for another debt crisis

12-08-2019 15:34 Credit-default swap trading now shows an implied probability that Argentina will suspend debt payments over the next five years at about 75%.

PASO

Lula, Bolsonaro react to PASO vote

12-08-2019 13:35 The jailed former Brazilian president tweeted: "It's necessary to give hope to the people, to bring better days and tend to those who need it most."

ANALYSIS: PASOs 2019

Three lessons from the PASOs

12-08-2019 13:06 The breakdown of the vote in the PASOs was surprisingly steady when compared to the past – it’s the electoral offer that made the difference.

by Marcelo J. Garcia

PASOS 2019

No poll came close to predicting size of Alberto Fernández's victory

12-08-2019 10:34 Even the closest poll from the last week before the PASOs was nine points off from the actual result...

PASOs 2019

Kicillof asks for 'responsibility' from gov't, as officials huddle at Casa Rosada

12-08-2019 09:37 Government officials meet at Casa Rosada, as Fernández and Kicillof hail Frente de Todos coalition's performance in PASO primaries.

BLOOMBERG

Argentine eurobonds tumble after Macri thrashed in shock PASO vote

12-08-2019 08:20 The peso could lose 25 percent of its value and bonds may slump about 20 percent on the results, according to BTG Pactual Argentina.

PASOs 2019

Province-by-province, how did the Fernández-Macri tickets perform?

12-08-2019 01:35 Frente de Todos presidential candidatescored victories in the overwhelming majority of provinces in Sunday's PASO primaries, with President Macri's coalition performing strongly only in Córdoba and Buenos Aires City.

BLOOMBERG

Fernández landslide likely to prompt sell-off in markets on Monday

12-08-2019 00:06 Results are poised to trigger a market sell-off on Monday as investors come to terms with the possibility that the market-friendly policies adopted by President Macri may be replaced by more interventionist measures.

PASOs 2019

Alberto Fernández scores huge victory over Macri in PASOs

11-08-2019 23:31 Frente de Todos leader emerged from Argentina's PASO primaries with an almost 15-percentage point lead over incumbent President Mauricio Macri on Sunday night, shocking the nation.

ELECTION 2019

Macri admits heavy defeat in Argentina's PASO primaries

11-08-2019 22:29 With provisional results yet to have been released, president admits his coalition had suffered 'a bad election.'

PASOs 2019

Confident Alberto Fernández vows to end polarisation

11-08-2019 21:41 Amid unconfirmed reports that the opposition Peronist grouping had performed stronger that President Mauricio Macri's Juntos por el Cambio coalition in Sunday's PASO primaries, Fernández said that "la grieta is over, forever."

BLOOMBERG – FEATURE

Argentina's politics are still dominated by Perón

10-08-2019 08:00 Evidenced by the political return of Cristina Fernández de Kirchner and President Macri's selection of Peronist senator Miguel Ángel Pichetto, Perón's legacy is alive and well in Argentina.

PASO

In dual rallies, Frente de Todos vows ‘an Argentina everyone deserves’

09-08-2019 18:50 With Fernández in Córdoba and Fernández de Kirchner and Kicillof in the province, Frente de Todos ends its PASO campaign with a round of final attacks on President Macri and his allies.

BLOOMBERG

Investors trim risk ahead of Argentina's ‘coin toss’ primaries

09-08-2019 09:51 Investors are pulling back from Argentina before the PASOs, with the potential for a boom or bust ahead.

ELECTION EXPLAINER

Argentina's PASO primaries: What you need to know

08-08-2019 21:34 Argentina goes to the polls on Sunday for “open, simultaneous and obligatory primaries.” Confused? Here's a breakdown of what you need to know.

ELECTION 2019

Before supporters in Rosario, Alberto Fernández asks Argentina to change course

08-08-2019 09:57 "Don't ask them where they come from, ask where they want to go," declares Frente de Todos candidate, as he and running-mate Cristina Fernández de Kirchner promise to leave the recession behind.

Obra Pública

Fernández de Kirchner requests to travel to Cuba for fourth time

06-08-2019 15:31 Former president asks to be excused from part of her corruption trial hearings regarding alleged fraud in public works projects.

PASO

Campaigns gear up for final PASO sprint

05-08-2019 15:27 The primary's final week will see Macri campaign in the City and the 'Fernández-Fernández' ticket reuniting in Rosario.

ELECTION 2019

CFK, Massa reunite at rally for first joint appearance since 2009 split

05-08-2019 10:28 Sergio Massa, who briefly served as Cabinet chief in Cristina Fernández de Kirchner's government, broke from the then-president in 2009 before successfully campaigning against her coalition in the 2013 mid-term elections.

ELECTION 2019

Candidates set their sights on Córdoba province

03-08-2019 09:33 One of Argentina’s most politically unique provinces – which was an essential part of President Macri’s victory in 2015 – is once again a key focus of election campaigns.

by Jonah Shrock

ELECTION 2019

I want to 'help unite Argentines,' declares Fernández de Kirchner

01-08-2019 17:34 Former president and vice-presidential hopeful decries lack of 'sensitivity' among government leaders at a women-only event in Buenos Aires, painting Macri administration as out of touch.

FORMER PRESIDENT

CFK slammed after comparing food insecurity in Argentina to Venezuela

29-07-2019 16:48 "Sorry, but today, with food, we are the same as Venezuela," declares Cristina Fernández de Kirchner, whose comments were met with immediate pushback from politician, analysts and Venezuelans.

POLARISATION

Black holes and the theory of the lesser evil

27-07-2019 09:31 What makes this entire situation worse is that neither candidate has proposed a plan to get the country out of the black hole it’s in.

by Agustino Fontevecchia

CHINA POLL

New poll reveals three-quarters of Argentines hold positive view of China

27-07-2019 08:00 New survey by Argentina Project and Poliarquía reveals that 76% of Argentines hold a positive view of China – and that 54 percent would prioritise relations with Beijing over Washington if forced to choose.

by Lucas Robinson

Evasion

Court to open investigation into Báez Jr. over missing US$1.5m

26-07-2019 09:30 Leandro Báez, the youngest son of disgraced businessman Lázaro Báez, is accused of not declaring the multi-million dollar sale of 250,000 kilos of sheep wool.

2019 Elections

'Pindonga' and 'Cuchuflito': CFK's comments on consumption prompt criticism

26-07-2019 09:24 In the broader debate about consumption and the declining spending power in Argentina, tongue-in-cheek statements delivered by Cristina Fernández de Kirchner this week prompted some to question her respect for local industry.

2019 Elections

Candidates clash online over CFK's economic track record

24-07-2019 04:37 Alberto Fernandez takes on Nicolás Dujovne in Twitter spat, as former president Cristina Fernández de Kirchner's record becomes the battleground for debate.

NOTEBOOKS CASE

Fernández de Kirchner's defence team requests 'notebooks' case be sent to trial

22-07-2019 14:12 Letter from defence lawyer Carlos Beraldi directly criticises federal judge Claudio Bonadio's handling of high-profile graft case.

ELECTION 2019

Axel Kicillof dismisses labels, takes aim at critics in sweeping interview

22-07-2019 09:31 Candidate to become Buenos Aires Province governor denies he was ever part of a 'Trotskyist or Marxist' party in interview with Perfil's Jorge Fontevecchia.