News of finances

Argentina bond rout blows up the template for debt restructuring

19-10-2020 20:40 Investors are giving up on Argentina, just six weeks after the government pulled off a US$65-billion restructuring.

Coronavirus pandemic

CIPPEC: Central Bank main source of Treasury financing during pandemic

20-06-2020 10:27 The Central Bank has become the main source of Treasury funding during the pandemic crisis, passing from 3% to 40% of the total in the past year, the CIPPEC think-tank has revealed.

PROTESTS IN ECUADOR

Ecuador's president agrees deal with indigenous to end protests

14-10-2019 11:58 Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.

ECUADOR IN CRISIS

Clashes at protests in Ecuador over fuel price hike, oil facilities seized

08-10-2019 09:26 President Lenín Moreno accuses predecessor and ex-ally Rafael Correa and Venezuelan leader Nicolás Maduro of an "attempted coup d'état." Government business temporarily moved to the port city of Guayaquil.

PROTESTS

Ecuador's declares state of emergency after clashes over fuel prices

04-10-2019 09:17 Clashes broke out between protesters and police in Ecuador after President Lenín Moreno declared a state of emergency Thursday following demonstrations against rising fuel prices due to the government scrapping subsidies. Moreno's measure allow the government to restrict movement, to employ the Armed Forces to maintain order and to censor the press.

BLOOMBERG

A common Brazil-Argentina currency? A 'distant mirage' for now

10-06-2019 09:09 Worried about possible noise caused by the discussion, Brazil’s Central Bank issued a statement late at night on Thursday denying there are ongoing plans or even studies for a monetary union with Argentina.