EDITORIAL Vaccination versus immunity to change 30-01-2021 08:04 The error-strewn launch of vaccination campaigns marks a new phase in the pandemic and with it some subtle changes in perspective.
Politics, power & Peronism Plan Máximo: First the province, then the presidency 16-01-2021 08:03 Máximo Kirchner, 43-year-old son of two former presidents, aims to head the Buenos Aires provincial branch of the PJ movement, before using it as a launching-pad for the 2023 elections. The ultimate goal? The Casa Rosada. by Carlos Claá & Rodis Recalt, Noticias
ACCUSED OF WRONGDOING Domestic worker scandal puts pressure on INADI chief Donda 05-01-2021 23:10 Victoria Donda, head of the government’s anti-discrimination agency INADI, faces allegations she irregularly employed a maid for several years and then sought to solve problem by offering her employee a social plan or a state job.
ABORTION BILL Senate gears up for Tuesday’s historic abortion bill vote 26-12-2020 10:57 Government-backed bill clears committee stage, but its fate remains uncertain. Spotlight falls on handful of senators who could sway its approval.
POLITICS AND THE PANDEMIC The Cabinet creaks 26-12-2020 09:47 The president is trying to drive home the message that he will not be steamrolled by the Kirchnerite wing into sacking half of his Cabinet. by Martín Gambarotta
CORONA-CRISIS Vaccines, ambassadors and cabinet shake-ups 26-12-2020 09:29 With a Cabinet that is already on shaky ground and a dangerous combo of pandemic and stagflation on the horizon, President Fernández faces a tough start to 2021. by Agustino Fontevecchia
POLITICS & THE PANDEMIC 2020: Don't look back 12-12-2020 09:33 For all the pain caused by a killer disease coming out of nowhere, even it has not been able to put an end to Argentina's infamous political rift. Tensions, however, are also hitting both coalitions. by Martín Gambarotta
REVENUE-SHARING ROW Senate approves bill to slash Buenos Aires City's share of funding 12-12-2020 09:27 City Mayor Horacio Rodríguez Larreta vows to take fight to Supreme Court as Senate approves bill to cut Buenos Aires City’s share of federal revenue-sharing funds.
ARGENTINA ABLAZE Lawmakers approve bill to limit commercial use of fire-destroyed land 21-11-2020 09:02 After marathon debate, Chamber of Deputies approves bill drawn up by Máximo Kirchner that bans repurposing of fire-affected land.
BLOOMBERG Argentina turns to orthodox policy signals to ease dollar craze 06-11-2020 09:12 After tightening capital controls several times, Argentina's government has surprised investors by altering its tack in what appears to be an incipient effort to restore confidence.
BLOOMBERG BlackRock's Fink says Argentina won't soon regain investor trust 06-11-2020 08:15 Blackrock Inc. CEO Larry Fink said Argentina has a long way to go before it can regain investor confidence.
OPEN LETTER Fernández de Kirchner calls for political pact to end Argentina’s currency woes 27-10-2020 00:20 Vice-President Cristina Fernández de Kirchner called Tuesday for a grand political agreement to resolve Argentina’s mounting currency crisis, a move that was mostly met with incredulity among the opposition.
A PRESIDENTIAL TETE Á TETE? Enough with the bickering – Alberto and Mauricio should meet 17-10-2020 09:05 At an extremely troublesome moment for the world, Argentina is engaging in ridiculous self-inflicted shocks of uncertainty. by Agustino Fontevecchia
PERONIST LOYALTY DAY Frente de Todos infighting as Alberto prepares to chair the PJ 17-10-2020 08:38 Today, on Peronist Loyalty Day, Alberto Fernández will be offered the chairmanship of the Partido Justicialista, in a bid to boost his presidency. Unity, however, may not last long, with infighting a problem for his Frente de Todos coalition. by Rosario Ayerdi
Bloomberg Cracks surface in Argentina’s ruling coalition as crisis deepens 16-10-2020 11:13 Multiple rifts between different factions within Alberto Fernández's Frente de Todos coalition are coming to light, including including the president's more centrist bloc and the far-left supporters of powerful Vice-President Cristina Fernández de Kirchner.
BLOOMBERG - OPINION El-Erian: Argentina and Ecuador diverge after bond restructurings 11-10-2020 09:18 A month after finalising historic “zoom” debt restructurings, Argentina and Ecuador find themselves on starkly different paths toward economic and financial improvements.
Bloomberg Argentina expands tech companies’ incentives amid recovery push 10-10-2020 20:35 Government expands benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports.
SUPREME COURT Rosenkrantz dismisses impeachment drive as 'smear campaign' 07-10-2020 01:37 Supreme Court Chief Justice Carlos Rosenkrantz says impeachment drive against him is based on "completely unfounded" accusations and "motivated by political interests," as judicial tensions soar in Argentina.
CRISIS IN VENEZUELA Government’s approach to Venezuela crisis falls under spotlight 03-10-2020 09:54 Argentina's Ambassador to the OAS Carlos Raimuni sparks controversy with criticism and pushback after criticising UN report on human rights violations in Venezuela.
POLITICS & THE PANDEMIC Supreme suspense in court 03-10-2020 09:49 These are busy days for the Supreme Court, which is caught in the middle of the fierce political polarisation that has dominated Argentine politics since the rise of Kirchnerismo in 2003. by Martín Gambarotta
EDITORIAL The poverty trap 03-10-2020 09:27 It is a sad reflection on a general resignation to economic decline that this confirmation of massive poverty failed to act as a national wake-up call in most circles.
CORRUPTION, CONGRESS & THE COURTS Fernández issues decree formalising removal of judges probing CFK 19-09-2020 10:25 Opposition walks out of Senate vote to decide fate of magistrates promoted during Macri presidency, accusing government of seeking impunity for Cristina Fernández de Kirchner.
FORMER PRESIDENT RE-EMERGES Why Macri re-appeared and broke his silence 19-09-2020 10:13 Former president returns to prominence with scathing La Nación column. Sources close to the PRO leader describe his view of Cristina, Alberto and the opposition coalition. by Ezequiel Spillman
DEBT RESTRUCTURING Argentina exits default after US$65-billion debt deal 07-09-2020 21:53 Nation officially emerges from its ninth default after Standard & Poor's Global raised its credit rating following the restructuring of US$65 billion of overseas debt.
BLOOMBERG Guzmán says Argentina must work to cut bond yields 04-09-2020 17:53 Country must reduce its bond yields before returning to international capital markets in a process that will likely take some time, says Economy Minister Martín Guzmán in interview.
DEBT RESTRUCTURING Guzmán confirms 99% of overseas debt restructured in swap 31-08-2020 17:52 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.
DEBT RESTRUCTURING Creditors reiterate support for Argentina’s debt restructuring offer 18-08-2020 16:08 Two of three main bondholder groups confirm they will accede to revised proposal, which was filed with the US Securities and Exchange Commission on Monday.
DEBT RESTRUCTURING Government files official debt offer with SEC, extends deadline 17-08-2020 14:50 Amended debt restructuring offer filed with US Securities and Exchange Commission, extending deadline for investors to accept until August 28.
BLOOMBERG Argentina’s creditors will get better debt deals from provinces 14-08-2020 15:16 National government’s debt restructuring accord was a benchmark, setting a minimum, not a maximum for what investors can expect.
BLOOMBERG Government seeks to reach new IMF agreement before April 07-08-2020 00:49 Government seeks deal with the International Monetary Fund over a new financing programme before the end of March, in order to renegotiate US$2-billion payment owed to the Paris Club that matures in May.
DEBT RESTRUCTURING DEAL Support – and silence – from opposition economists in wake of debt deal 05-08-2020 00:31 Luis Caputo the most effusive in celebrating the government's deal with creditors, while Hernán Lacunza and Lucas Llach also express support. Alfonso Prat-Gay, the former official who was most critical of the deal, leads the criticism. by Andrés Fidanza
DEBT RESTRUCTURING Creditors 'pleased' with 'preliminary agreement' on debt restructuring 04-08-2020 23:43 IMF chief Kristalina Georgieva welcomes debt deal reached by Argentina and its creditors as a "very significant step."
DEBT RESTRUCTURING Economists praise debt deal but warn challenges on horizon 04-08-2020 18:38 Experts welcome government's agreement with creditors, but warn that Argentina must now correct imbalances and other issues.
DEBT RESTRUCTURING 'We resolved an impossible debt,' declares delighted Fernández 04-08-2020 14:19 President Alberto Fernández hails government after officials confirm Argentina has reached an agreement with three major creditors over restructuring of US$66-billion debt.
DEBT DEAL AGREED Government hails ‘significant debt relief’ in accord with creditors 04-08-2020 09:44 Deal involves the Ad Hoc, Argentina Creditor Committee and Exchange Bondholder groups, as well as "certain other significant holders," Economy Ministry confirms in a statement.
DEBT RESTRUCTURING Argentina reaches US$65-billion debt restructuring deal with creditors 04-08-2020 08:59 Government says in a statement that deal with key creditors would provide “significant debt relief.” While it statement didn’t provide a net-present value for the agreement, sources say the deal is worth about 54.8 cents on the dollar.
BLOOMBERG Argentina, creditors inch closer on US$65-billion debt deal 03-08-2020 17:47 The sides have moved closer over the weekend and are discussing a deal where creditors would receive about 54.8 cents on the dollar, according to three people with direct knowledge of the talks.
DEBT RESTRUCTURING Ecuador wins bondholders’ approval for debt restructuring 03-08-2020 15:26 Creditors vote in favour of a restructuring plan for US$17.4 billion of debt that will see the South American country's capital and interest payments reduced.
BLOOMBERG Creditors seek international backing on debt clauses 02-08-2020 17:01 Bondholders approach several international organisations, including IMF and US Treasury, to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities.
DEBT RESTRUCTURING Government to seek new IMF plan, regardless of outcome of debt talks 28-07-2020 14:43 Argentina will seek a new programme with the IMF whatever the outcome of talks with bondholders, says Economy minister Martín Guzmán.
DEBT RESTRUCTURING Creditors once again reject government's debt restructuring offer 28-07-2020 14:36 In a letter sent to Economy Minister Martín Guzmán, signed by 30 funds, main bondholder groups reiterate rejection of deal on table and say they hold veto power over any agreement.
BLOOMBERG Argentina's creditors boost bargaining power with new funds 27-07-2020 23:21 Main bondholder groups now say they represent 50% of Argentina's overseas debt, potentially strengthening their bargaining power against the government.
council of the americas Fernández asks creditors for 'understanding' on debt offer 22-07-2020 01:18 Argentina simply cannot pay more than the offer that is on the table, president says during Council of the Americas event.
DEBT RESTRUCTURING Debt deal at impasse as creditors unite to reject government's offer 20-07-2020 23:50 Three groups of creditors announce they have rejected Argentina's proposal to restructure US$66 billion of debt and delivered a counter offer to government – which President Alberto Fernández promptly dismisses out of hand.
Bloomberg Creditors join forces to demand better terms on debt deal 20-07-2020 21:54 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.
INTERVIEW Vilmar Ibarra: 'Both Alberto and Cristina know this coalition works with both of them' 20-07-2020 10:35 Legal & Technical secretary Vilmar Ibarra is one of President Alberto Fernández's most trusted officials. In an interview, she discusses the relationships within the ruling Frente de Todos coalition, judicial reform and the potential legalisation of abortion in Argentina. by Rosario Ayerdi
POLITICS & THE PANDEMIC 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
DEBT RESTRUCTURING The ball is in the creditors' court, says Guzmán 16-07-2020 16:55 Economy Minister Martín Guzmán says Argentina is not seeking a "confrontational" relationship in debt talks and says the onus to make a deal is now on the country's creditors.
DEBT RESTRUCTURING 'We can't do more than this,' Fernández tells Argentina's creditors 13-07-2020 23:54 President says in a radio interview that Argentina has made its "maximum effort" to reach an agreement with bondholders, reiterating that what's on the table is the country's "final offer."
BLOOMBERG Ecuador’s speedy debt deal underscores Argentina’s hang-ups 10-07-2020 17:31 President Lenín Moreno’s administration struck an agreement with some of its top bondholders this week ahead of a mid-August deadline, when a moratorium on payments ends. By contrast, Argentina has presented a second binding offer to creditors after pushing back its deadline five times.