ECONOMY MINISTER ABROAD Massa’s trip to Brazil ends without deal on exports to Argentina 29-08-2023 10:00 Brazil had proposed using yuan reserves to guarantee payment; Haddad surprised by agenda unilateraly released by Massa.
economy Argentina says IMF deal would include August disbursement 24-07-2023 15:25 Argentina's Economy Minister Sergio Massa stated that the International Monetary Fund is set to disburse funds in August and November, pending a staff-level agreement on a US$44 billion financing program this week, aiming to bolster the country's economy and meet its debt obligations before a new president takes office in December.
Alberto in Brazil Argentina and Brazil mull trade credit lines bypassing US dollar 03-05-2023 16:38 Over 200 Brazilian firms eye exporting in reais, not dollars; Lines would lift exports to Argentina amid its currency crisis.
Foreign relations Lula says he’s started talks with BRICS bank to help Argentina 03-05-2023 08:16 Lula offers strong support for Alberto Fernández after four-hour meeting in Brasília, confirming talks on financing for Brazilian exports and declaring that International Monetary Fund needs to "remove its knife from Argentina's neck."
BILATERAL RELATIONS Fernández and Lula meet in Brasília for trade and financing talks 02-05-2023 20:42 President Alberto Fernández met with Brazilian leader Luiz Inácio Lula da Silva in Brasília on Tuesday, with talks focusing on financing for imports and exports.
NAZI ACCOUNTS PROBE Credit Suisse accused of hindering probe into Nazi accounts 19-04-2023 10:13 Credit Suisse accused of impeding an investigation into its historical assistance to Nazis that had revealed a number of previously undisclosed accounts, including 99 allegedly linked to German officials or Nazi-affiliated groups in Argentina.
INTERNATIONAL FINANCING World Bank lines up US$950 million of fresh support for Argentina 16-04-2023 09:19 Economy Minister Sergio Massa continues to search for international financing; World Bank joins list of multilateral organisations lending their support to Argentina.
Food & energy Argentina secures US$500-million Saudi investment on food, energy 14-04-2023 08:46 State-run Saudi fund putting money into food and energy projects in Argentina, though details few and far between.
BLOOMBERG Fintech firm Ualá to start giving personal loans in Mexico 05-12-2022 17:06 Ualá will begin offering loans for its clients in Mexico through its alliance with Mexican bank ABC Capital.
IMF DEBT DEAL IMF board approves review, frees up additional US$3.8 billion in funds 08-10-2022 10:17 International Monetary Fund's board approves a new loan tranche of US$3.8 billion to Argentina; Government granted two waivers.
BLOOMBERG IDB boosts Latin America ESG bond campaign with US$1-billion push 12-07-2022 15:55 Inter-American Investment Corporation is helping companies in Latin America and the Caribbean bring about US$1 billion of environmental, social and governance bonds.
IMF DEBT IMF: Targets in Argentina’s debt deal ‘have not changed’ 19-05-2022 16:09 Fund Spokesperson Gerry Rice says staff are making “good progress” in review of debt restructuring deal, but that its “objectives have not changed.”
IMF DEBT 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.
BLOOMBERG Ualá launches mobile payments for small businesses in Mexico 28-04-2022 10:19 Argentina’s Ualá mobile payments company is expanding into merchant services in Mexico.
BLOOMBERG Argentina’s US$44-billion debt plan remains unchanged despite shocks, IMF says 26-04-2022 17:19 Targets in recently minted US$44-billion agreement will remain unchanged even as some assumptions of the programme may be revised, says IMF Western Hemisphere Director Ilan Goldfajn.
IMF DEBT DEAL Guzmán tells IMF: ‘We will prioritise social spending’ 22-04-2022 23:34 Economy minister meets with International Monetary Fund Kristalina Georgieva, tells her Argentina’s government has complied with targets laid out in US$44.5-billion debt restructuring deal.