News of economy

Nine out of ten urban homes in Argentina have Internet access

18-05-2022 17:07 Nine out of every ten households in urban conglomerations in Argentina have access to the Internet, a new report has revealed.

Government trusts in recalibration as IMF audits accounts

17-05-2022 15:57 Official data revealed six percent inflation for April; Once chapter of raising public utility rates is closed, International Monetary Fund will focus on nation’s deficient accumulation of reserves.

Guzmán tells AmCham that Argentina needs ‘common sense,’ not ‘fairy tales’

11-05-2022 01:19 Argentina’s economy minister addresses coalition tensions and inflation at AmCham summit; Opposition leaders Horacio Rodríguez Larreta and Patricia Bullrich pitch their visions to business leaders.

Argentina looks to Spain as an entry point for its gas to Europe

10-05-2022 16:33 Argentina intends to sell gas to Europe in the coming years and Spain could be its gateway, President Alberto Fernández tells Spanish Prime Minister Pedro Sánchez in Madrid.

Luciano Laspina: ‘The ideas Argentina needs today are similar to those pushed by Milei’

06-05-2022 00:01 Rosario-born economist and national deputy Luciano Laspina on Javier Milei, the Mauricio Macri government and the reforms Argentina needs to undertake.

by Jorge Fontevecchia

Brazil hikes key interest rate 10th straight time

04-05-2022 21:13 Brazil's Central Bank raises key interest rate for the 10th straight time, trying to tame surging inflation that has proved tough to slow for policy makers.

Two local banks allow customers to buy cryptocurrencies

03-05-2022 12:51 Banco Galicia, the country’s largest private bank by market value, and digital bank Brubank SAU will allow their customers to purchase crypto including Bitcoin, Ether and USDC starting Monday.

Coins in the air

30-04-2022 01:09 There was a time when virtually everybody except the economists defined the economy by its bottom line. Things are no longer so binary or linear – least of all when trying to size up the Argentine economy today.

Volatility roars back to Argentina's FX market on commodities drop

27-04-2022 20:26 Volatility has come roaring back to Argentina’s currency market.

Bond chaos in Argentina sparks traders’ rush to provincial notes

25-04-2022 15:36 Investors are snapping up securities issued by the provinces of Córdoba, Neuquén, Mendoza and Chubut, turning them into the nation’s top performers this month.

Economy grew 9.1% year-on-year in February, says INDEC

22-04-2022 00:00 Argentina's economy regained momentum in February, growing at its fastest pace for several months.

Dung power: India taps new energy cash cow

20-04-2022 16:12 India is tapping a new energy source that promises to help clean up smog-choked cities and is already providing a vital revenue stream for poor Indian farmers: truckloads of bovine manure.

Anything but a holy week

16-04-2022 00:01 Inflation at this level traps the government in the austerity it abhors since prices and government revenues both rising in real time leave wages and pensions trailing, thus turning the political debate into an uphill battle.

Ricardo López Murphy: 'Argentina’s economic regime is very absurd’

15-04-2022 15:10 Lawmaker, economist, former minister and ex-presidential candidate Ricardo López Murphy on Argentina’s struggles with inflation and the future of the opposition Juntos por el Cambio coalition.

by Jorge Fontevecchia

Chile shifts to damage control with new pension proposal

12-04-2022 18:37 Finance Minister Mario Marcel says Chilean government will submit a bill that will allow a withdrawal from pension savings for specific purposes, such as paying utility bills, alimonies, past-due mortgages and for a first home.

Guzmán admits Argentina's March inflation figure will exceed 6%

12-04-2022 13:52 Economy Minister Martín Guzmán admits that March inflation figure will definitely be greater than six percent.

Argentina, Bolivia call for preservation of democracy in Peru

07-04-2022 23:14 Luis Arce and Alberto Fernández express "concern" over events in Peru and called for “the attention of all Latin American leaders” to be directed at the troubled nation.

Fernández secures ‘guaranteed’ gas supply from Bolivia

07-04-2022 23:06 Luis Arce’s government commits itself to delivering a daily 14 million cubic metres of gas to Argentina this winter, the same volume as last winter; Amount could rise to 18 million if Brazil’s energy requirements are lower.

Wartime sunflower boom beckons for farmers on Argentina’s pampas plains

06-04-2022 15:21 Argentina is poised for a sunflower boom as farmers recalibrate plans in the wake of Russia's invasion of Ukraine.

Argentina to hold talks with Bolivia and Brazil over gas supplies

05-04-2022 16:59 Alberto Fernández will receive his Bolivian counterpart Luis Arce on Thursday to begin negotiations over the supply of gas during the cold Winter months.