News of economic crisis

Forecasts and forebodings

13-03-2021 09:21 Improved fiscal solvency meets the dream of every orthodox economist but puffing up an already excessive tax burden would make the cure worse than the disease.

Vaccine delays threaten economies hardest hit by pandemic

23-02-2021 12:24 Latin America and the Caribbean, the region where the coronavirus caused the worst economic destruction and more than a quarter of the world’s deaths, is now falling victim to a slow inoculation campaign.

Cristina, Macri and Alberto - all of them took on debt

21-11-2020 08:38 Everyone loves to play the blame game, but let’s get one thing straight for the record: former presidents Cristina Fernández de Kirchner and Mauricio Macri both took on debt – and so has Alberto Fernández.

by Agustino Fontevecchia

When nobody wants pesos: currency meltdown upends business

24-10-2020 05:51 Argentina’s battle to control its currency is upending its economy, wreaking havoc on everything from household finances to the production and sale of common goods.

What we learned this week: October 3 to 10

10-10-2020 09:56 Our pick of the stories from the last seven days in Argentina.

Uncertainty amid the malaise

10-10-2020 09:41 Burning as all these problems are, literally so in the case of the fires and metaphorically in the case of the economic and monetary crisis and the coronavirus pandemic, none of them are really being faced by a government seeking or obsessed with another agenda.

The opposition takes to the streets

22-08-2020 09:58 These days demonstrators are well-behaved men and women who wear facemasks not for fear of getting recognised by the cops, but because they have no desire to get infected by the coronavirus.

by James Neilson

Opposition applies pressure ahead of judicial reform battle

22-08-2020 09:53 Juntos por el Cambio calls on Fernández administration to withdraw its judicial reform bill, which is set to enter Congress next week.

What we learned this week: August 8 to 15

15-08-2020 11:05 Stories that caught our eye over the last seven days in Argentina.

In the oven

15-08-2020 09:59 What’s troubling, and could mark a complete breaking point between the ruling coalition and the opposition, is the president’s judicial reform bill.

by Agustino Fontevecchia

Alberto, Cristina and a sinking economy

25-07-2020 09:45 Macri’s experience suggests that Alberto’s chances of convincing the moneymen that it would be in their interest to lend Argentina a hand right now are close to zero.

by James Neilson

Markets rally on hopes debt talks are ‘too close to fail’

25-07-2020 09:32 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.

Dr. Maureen Birmingham: ‘This is an opportunity to transform Argentina’s health system’

18-07-2020 09:29 The World Health Organisation and Pan American Health Organisation’s representative in Argentina explains how the UN agency is providing support to officials and what post-pandemic changes need to be made to the health system.

by Jennifer Heiman & Anina Hoffman

Coalitions under stress

18-07-2020 08:37 Political rivals are accusing each other of being “haters” – but of course, one person's hater is another person's hero. The pressure, however, is not just external.

by Martín Gambarotta

Fernández tightens AMBA lockdown until July 17 amid virus surge

27-06-2020 07:36 Government cranks up coronavirus lockdown in capital, as Peronist leader calls on citizens in Buenos Aires metropolitan to respect restrictions and ‘return to isolation’ until July 17.

Lockdown limbo

06-06-2020 09:32 Coronavirus has put everyday life, or the remnants of it, in a loop. Home is where the office lies.

by Martín Gambarotta

Pandemic prompts fears for the future from crisis-weary citizens

22-03-2020 16:02 The coronavirus outbreak has paralysed the global economy – and that could not have happened at a worse time for Argentina...

After a US$1-trillion wipeout, emerging markets bank on stimulus

02-03-2020 13:22 With the world reeling from one of the biggest risk sell-offs since the 2008 global financial crisis, more coronavirus-fueled declines in emerging markets may only be tempered by the prospect of coordinated central bank action or large fiscal stimulus.

Macri administration has used 83% of IMF loan to pay off external debt, data shows

25-11-2019 17:21 Data from Treasury says 83% went towards paying off debt accrued during the first three years of his presidency, with remainder used to service payments on national debt and fuel imports.

Trump phones Fernández: 'Your victory has been talked of around the world'

01-11-2019 18:11 After five days of silence, the United States president congratulates his new Argentine counterpart. The IMF deal and future cooperation were discussed. “We need to do things together,” Fernandez tells Trump.