EU-MERCOSUR DEAL EU commission expresses 'frustration' over stalled EU-Mercosur trade deal 12-04-2024 09:41 European parliamentary delegation responsible for relations with Mercosur has failed to seal deal, much to the “frustration” of EU lawmakers.
EU-MERCOSUR DEAL Macron slams 'very bad' EU-Mercosur deal, proposes negotiating new one 28-03-2024 14:48 French President Emmanuel Macron delivers withering remarks about deal that took 20 years to negotiate and suggests ripping it up and starting all over again.
MERCOSUR TENSIONS Mercosur tensions: Uruguay rage overshadows hope for EU deal 08-03-2024 11:43 Uruguayan President Luis Lacalle Pou slams Argentina, Brazil governments for blocking his free-trade deal with China; Lula and Spanish PM Sánchez optimistic about long-trailed EU despite impasse.
IMF DEBT PROGRAMME Argentina, IMF talking about new programme outline 29-02-2024 12:20 Argentina, IMF in talks about outline of possible new programme to speed up exit from capital controls.
EU-MERCOSUR TRADE DEAL Argentina criticises EU as Mercosur trade talks bog down again 20-02-2024 09:29 President Javier Milei’s top diplomat, Diana Mondino, offers grim assessment of Mercosur-European Union free-trade deal, revealing that treaty may be broken up into parts.
EU-MERCOSUR TRADE DEAL Germany's Scholz stresses importance of EU-Mercosur agreement 05-02-2024 20:16 Germany is one of the most fervent supporters of an agreement between the European Union and Mercosur nations. France, however, is starkly opposed.
IMF Government awaits approval of IMF deal 31-01-2024 14:39 There is a maturity of US$1.9 billion on Wednesday and a further US$800 million the following day. A US$960-million repayment must also be made to CAF.
IMF DEBT PROGRAMME IMF to postpone Argentina review to give Milei more time 31-01-2024 12:28 Troubled nation’s quarterly review, scheduled for September, will move to November, according to Reuters. If confirmed, it would give the government greater scope to implement economic changes and potentially negotiate a new programme.
EU-MERCOSUR DEAL EU-Mercosur trade deal totters as Europe's farmers revolt 30-01-2024 18:15 Growing farmer protests in Europe and strong opposition from France damages push for EU-Mercosur free-trade deal.
EU-MERCOSUR TRADE DEAL EU says Mercosur deal 'not quite there' but talks continue 30-01-2024 09:43 EU-Mercosur trade deal is "not quite there yet" but talks continue, the European Commission said Tuesday against a backdrop of farmer protests in Europe.
EU-MERCOSUR TRADE DEAL Macron asks EU’s Von der Leyen to stop Mercosur trade deal 30-01-2024 07:27 French President Emmanuel Macron asks European Commission President Ursula Von Der Leyen to end the current round of negotiations over free-trade deal between EU and Mercosur trade bloc.
EU-MERCOSUR TRADE DEAL France 'opposes signing' of EU-Mercosur trade deal, says prime minister 26-01-2024 14:59 French Prime Minister Gabriel Attal says President Emmanuel Macron "has always opposed" the free-trade deal negotiated between the European Union and the Mercosur trade bloc.
IMF DEBT Milei vows to ‘keep promises’ after meeting with IMF chief 18-01-2024 01:15 President Javier Milei met IMF Managing Director Kristalina Georgieva after his speech to world leaders in Davos; Talks focused on Argentina’s US$44-billion programme and reaction to government’s austerity bid.
Lithium in Argentina India signs lithium mining deal with Argentina 16-01-2024 07:49 Indian state firm signs lithium mining deal with Catamarca Province; Five-block deal agreed between Khanij Bidesh India and Argentina's state-owned Camyen SE.
EU-MERCOSUR TRADE DEAL Scholz, Milei in favour of swift conclusion to EU-Mercosur deal 09-01-2024 20:42 President Javier Milei spoke with German Chancellor Olaf Scholz on Tuesday, with the two calling for a swift conclusion to the European Union-Mercosur trade deal.
IMF DEBT TALKS Government postpones IMF payments as it seeks new deal 04-01-2024 00:40 While awaiting the arrival of IMF officials for crunch talks over its multi-billion-dollar programme, Argentina’s government wants to unify its January commitments and push them to the end of the month. by Ramiro Speranza
IMF DEBT DEAL IMF to visit Argentina amid expectation of new agreement 03-01-2024 08:56 The IMF's press office confirmed the meeting for Thursday. Nicolás Posse and Luis Caputo will lead talks.
IMF DEBT Argentina to pay IMF next week, ‘reformulate’ deal, Caputo says 14-12-2023 19:02 Argentina will pay US$912 million owed to the International Monetary Fund next week, says Economy Minister Luis Caputo.
IMF DEBT DEAL Argentina to ask for waiver from the IMF 13-12-2023 16:59 International Monetary Fund praises new measures by Javier Milei's government, which wants to settle a payment due December 21 with funds from CAF Development Bank of Latin America and the Caribbean.
EU-MERCOSUR TRADE DEAL Crunch time for EU-Mercosur trade deal at Rio summit 05-12-2023 09:01 Fate of long-awaited trade deal hangs in the balance this week at key Mercosur summit in Brazil; Meeting was originally supposed to seal agreement, but last-minute bickering puts it in doubt.
EU-MERCOSUR TRADE DEAL Argentina: Conditions not in place to sign Mercosur-EU deal 04-12-2023 12:09 Argentina’s outgoing government says conditions are not in place to sign long-delayed free-trade agreement between Mercosur and European Union.
EU-MERCOSUR TRADE DEAL Macron concerns derail EU-Mercosur trade agreement yet again 03-12-2023 08:33 EU-Mercosur trade deal receives a serious setback after French President Emmanuel Macron declares environmental concessions obtained by the European bloc fall short of what’s needed.
EU-MERCOSUR TRADE DEAL EU-Mercosur trade agreement postponed as Milei awaited 02-12-2023 15:03 Major trade deal between the European Union and Latin American economies now unlikely to be signed next week as hoped, as additional commitments will require Javier Milei's approval.
MERCOSUR BLOC EU, South America near deal on elusive Mercosur trade pact 30-11-2023 12:51 European Union and Mercosur are closer than ever to concluding a major free-trade agreement more than two decades in the making, with leaders optimistic they can strike a deal next week.
ELECTION 2023: REACTION IMF chief looks forward to 'working closely' with Javier Milei 20-11-2023 11:18 Reacting to Javier Milei's election win, Kristalina Georgieva says she looked forward to working with Argentina's president-elect.
ELECTION 2023 As run-off nears, Massa draws a yuan bridge to avoid IMF pressures 14-11-2023 11:28 When an agreement was reached in August, the IMF’s board of directors wanted to distance itself from Argentina’s electoral process, preparing for the next stage of negotiations with the future government. An informal meeting, held after the October 22 elections, has placed in doubt the remittance of US$3.3 billion which the country needs to meet debt deadlines. The Economy Ministry has assembled a safety buffer with the Chinese currency swap, hoping to reach the next harvest in acceptable shape. by Ariel Maciel
IMF DEBT DEAL Argentina pays US$2.6 billion maturity to IMF 01-11-2023 21:12 State news agency confirms Argentina's government made US$2.6-billion payment to settle maturity from record International Monetary Fund debt programme.
WARNING FROM FUND IMF warns Argentina not to dawdle on incremental economic reform 14-10-2023 07:47 Argentina has no time to make gradual economic adjustments as it faces soaring consumer prices and its sixth recession in a decade, says top IMF official.
IMF DEBT The IMF’s US$43-billion Argentina problem is about to get worse 06-10-2023 17:33 Geopolitics helped keep the credit flowing to Argentina. Even so, at some point the International Monetary Fund — and its biggest shareholder, the United States — might call time.
MERCOSUR Mercosur responds to EU document of environmental demands 15-09-2023 16:27 Mercosur responds to EU document outlining environmental demands amid moves to close free-trade agreement between both blocs.
EU-MERCOSUR TRADE DEAL Lula urges meeting of EU-Mercosur leaders over trade deal fate 11-09-2023 11:34 EU and the Mercosur countries have been in talks to try to clinch a trade accord for more than 20 years – Lula says it's not time to decide, once and for all.
IMF DEBT PROGRAMME IMF says Argentina must 'contain' public spending on wages, pensions 25-08-2023 11:36 IMF statement stresses need for Argentina to "contain spending on wages and pensions."
DEBT DISBURSEMENT IMF approves US$7.5 billion for Argentina despite missed targets 24-08-2023 01:04 Multilateral lender approves massive disbursement, extending a financial lifeline to government ahead of a tight presidential race; Sergio Massa holds talks with Kristalina Georgieva in Washington.
IMF DEBT DEAL Government gets disbursement lifeline after Fund board approval 23-08-2023 23:02 The board decision completes the fifth and sixth reviews of the programme and enables immediate disbursement of the US$7.5-billion payment, according to an IMF statement.
MASSA IN WASHINGTON Argentina says IMF to allow currency intervention to hold range 23-08-2023 22:42 IMF to allow Argentina to intervene in currency markets if peso drifts above or beyond a certain range, says Economy Minister Sergio Massa.
IMF DEBT PROGRAMME IMF board approves US$7.5-billion disbursement for Argentina 23-08-2023 14:46 Spokesperson for Economy Minister Sergio Massa says IMF's executive board has approved release of US$7.5 billion in funds to Argentina.
IMF DEBT PROGRAMME Massa heads to US for talks with IMF on loans 21-08-2023 08:40 Sergio Massa will travel to the United States on Monday for talks with the International Monetary Fund on the country’s refinancing disbursements amid the peso’s devaluation.
PASO REACTION Argentina seeks larger IMF disbursement after 18% devaluation 14-08-2023 22:16 Argentina intends to ask the International Monetary Fund to increase a disbursement planned for later this month by an unspecified amount
IMF DEBT DEAL Argentina gets US$775-million loan from Qatar to repay IMF 04-08-2023 04:38 Argentina is paying the International Monetary Fund with help from Qatar, the latest creative accounting measure by the government intended to honour its debt obligations.
latin america Lula sees global fatigue over Ukraine as he pushes for peace 19-07-2023 13:44 Brazil's Lula calls for peace as world grows weary of Ukraine conflict.
IMF DEBT TALKS Argentina expects to reach IMF staff-level agreement Friday 17-07-2023 17:18 Officials expect to close a staff-level agreement with the International Monetary Fund by Friday after months of negotiations over the US$44-billion programme.
IMF DEBT TALKS IMF ‘negotiating intensively’ with Argentina, says spokesperson 13-07-2023 15:02 Argentina and the International Monetary Fund are "working intensively" to reach an agreement over the fifth review of the country’s record credit programme; Economy Ministry officials head to Washington.
ELECTION 2023 Sergio Massa’s Argentina election bid puts IMF staff in a bind 08-07-2023 06:31 As government seeks new deal, October presidential vote looms; Observers worry that generous terms would aid Massa’s campaign.
SUMMIT IN PUERTO IGUAZÚ Mercosur meet ends with disputes over EU deal, trade, Venezuela 07-07-2023 12:49 Argentina, Brazil take aim at EU's environmental trade deal terms; Uruguay and Paraguay expose rift with Brasília and Buenos Aires over Maduro regime’s treatment of opposition politician in Venezuela.
IMF DEBT Argentina to unify July IMF debt dues into single payment 06-07-2023 15:22 Economy Ministry officials postpone trip to United States for talks with International Monetary Fund as differences between both parties persist.
IMF DEBT TALKS Argentine officials push back trip to Washington as IMF talks drag on 05-07-2023 13:03 Key Economy Ministry officials postpone trip to United States for talks with International Monetary Fund as differences between both parties persist.
MERCOSUR TENSIONS Lula vows to grow Mercosur amid Uruguay flak, Argentina crisis 05-07-2023 11:00 Plans to strengthen and expand the Mercosur trading bloc hit by disagreement among its members over several topics, including Venezuela and free-trade agreements with other markets.
Mercosur summit Argentina, Brazil take aim at EU's environmental trade deal terms 04-07-2023 14:49 Argentina and Brazil slam "unacceptable" EU stance in negotiations with the Mercosur bloc for long-delayed free-trade deal.
MERCOSUR SUMMIT Alberto Fernández shows off support for Sergio Massa at Mercosur summit 04-07-2023 14:34 At the Mercosur summit in Puerto Iguazú, President Alberto Fernández shows off support for Economy Minister Sergio Massa, who secures a host of invitations from foreign leaders. by Rosario Ayerdi
MERCOSUR TENSIONS Uruguay steps up criticism of Mercosur at Argentina summit 04-07-2023 13:56 Uruguay steps up criticism of Mercosur at key summit, saying internal trade barriers are hurting exports to Argentina while the bloc's regulations prevent it from signing an agreement with China.