News of frente de todos

BLOOMBERG

Suspension of local debt payments shows not all bondholders are equal

06-04-2020 16:11 Plan to stop payments on some dollar-denominated debt burns investors who put their faith in domestic bonds, improves outlook for holders of international notes.

Bloomberg

Government to press on with debt talks amid virus delays, says Guzmán

01-04-2020 08:33 The government is continuing negotiations with bondholders this week and next, and looking to present an offer at some point after that, Economy Minister Martín Guzmán tells reporters.

Coronavirus pandemic

President Fernández extends mandatory quarantine period until April 12

29-03-2020 22:55 Alberto Fernández praises citizens for complying with shutdown, announces "preventative and obligatory" quarantine period for all citizens will be extended until midnight on Sunday, April 12.

Coronavirus pandemic

Coronavirus in Argentina: Worst yet to come, quarantine may be extended

24-03-2020 12:03 Extension of nationwide lockdown is "a possibility" admits President Fernández, as experts warn the number of confirmed cases will double or treble in the coming weeks as testing is decentralised.

Coronavirus pandemic

Officials confirm 31 new cases of coronavirus, taking total to 128

20-03-2020 12:55 There are now 128 people who have been infected with the new coronavirus in Argentina, of which three have died, according to data from the Health Ministry.

Coronavirus pandemic

Paralysis for Latin America with lockdowns, border closures

20-03-2020 12:30 Brazil closes land borders and Argentina enters nationwide lockdown, as Mexico and Peru report their first virus deaths.

Coronavirus pandemic

President Fernández orders nationwide lockdown in bid to contain virus

20-03-2020 00:15 Alberto Fernández announces "preventative and compulsory" lockdown of Argentina, from midnight tonight until March 31, in bid to stop the spread of coronavirus.

Coronavirus pandemic

Governors to meet President Fernández for talks on 'total quarantine'

19-03-2020 12:32 Reports suggest "total quarantine" being considered by president, who will meet with governors at 5pm at Olivos.

Coronavirus pandemic

Fernández vows to clamp down on virus price gouging

17-03-2020 12:04 Peronist president says he will put "AFIP to work against speculators," saying he will not "tolerate rogues taking us for fools."

CADENA NACIONAL

Fernández announces measures to contain spread of coronavirus

13-03-2020 02:00 Fernández declares health emergency and all flights from Europe, the United States, Japan, South Korea, China and Iran suspended for 30 days; 14 days isolation ordered for 'at risk' citizens.

AMID CONTROVERSY...

Bill to trim pension privileges of judges, diplomats clears lower house

28-02-2020 13:00 Opposition walks out in anger as Fernández administration’s reform targeting judges and diplomats is pushed through Chamber of Deputies – with a little help from Daniel Scioli…

DEBT RESTRUCTURING

IMF hails 'productive' meeting with Guzmán, as minister faces creditors

25-02-2020 08:54 Economy minister says Argentina is facing "a critical moment" ahead of meeting with private creditors and bondholders in Washington on Tuesday.

DEBT TALKS

Guzmán flies to United States after meeting US Treasury chief

24-02-2020 15:48 Economy Minister Martín Guzmán held a "productive" meeting with US Treasury Secretary Steve Mnuchin on the sidelines of the G20 summit of finance ministers in Saudi Arabia on Sunday.

MINISTRY POSITIONS

Veteran moved back to Defence

23-02-2020 15:38 Agustín Rossi has returned to the Defence Ministry he previously headed between 2013 and 2015. This familiarity with the post might seem reason enough for the appointment within a Cabinet where such experience is in relatively short supply – but the real aim of this move might well have been to ease him out of a position where he has far more years under his belt...

by Michael Soltys

Bloomberg

Hedge funds join forces to prepare for Argentina debt talks

14-02-2020 19:06 Monarch Alternative Capital LP is spearheading a group of hedge funds organising ahead of debt restructuring talks with Argentina, according to Bloomberg.

DEBT RESTRUCTURING

Guzmán warns of ‘deep debt restructuring’ in address to Congress

13-02-2020 00:32 “It’s necessary to have a deep debt restructuring,” says minister during congressional hearing, where he provided his most detailed comments about debt strategy since taking office in December.

DEBT RESTRUCTURING

Creditors BlackRock, Fidelity form bondholder group ahead of debt talks

12-02-2020 23:42 Money managers including BlackRock Inc. and Fidelity Investments have launched a committee focused on Argentina's sovereign debt crisis, Bloomberg revealed Wednesday.

BLOOMBERG

Wall Street sceptical Argentina can meet March 31 debt deadline

30-01-2020 22:21 President Alberto Fernández’s March 31 deadline to wrap up talks with bondholders is increasingly looking like a long shot, according to Wall Street experts

Aníbal returns

Aníbal Fernández appointed trustee of Río Turbio coal-mine

30-01-2020 14:39 Ex-Cabinet chief and government minister returns to government, as President Alberto Fernández signs decree appointing him to position underneath Production Minister Matías Kulfas.

DEBT TALKS

Government lays out timetable for debt talks and IMF visit

30-01-2020 08:25 The government laid out its agenda for debt negotiations with private creditors on Wednesday, publishing a timetable on the Economy Ministry's website.

BUENOS AIRES PROVINCE

'We are not in a position to pay,' Kicillof warns bondholders

24-01-2020 10:28 BA Province governor warns creditors that February 5 is the 'last chance' for them to accept delay in payment before default.

Bloomberg

Kicillof shows restraint as he takes on creditors once again

16-01-2020 15:45 Governor delivers tough message to bondholders, as Buenos Aires Province asks creditors to accept delay onUS$250-million principal payment due January 26.

SALARY NEGOTIATIONS

Fernández asks workers not to make ‘excessive demands’ in wage talks

03-01-2020 06:00 “I want to ask those who work to take the situation into account and not make undue demands because that impacts economic results,” said the president in an interview with Radio 10.

DIEGO AND ALBERTO

Maradona meets President Fernández at the Casa Rosada

26-12-2019 15:48 President Alberto Fernández – a fan of Argentinos Juniors – welcomed Diego Maradona to the Casa Rosada on Thursday, with the footballing legend later taking to the building's famous balcony.

LEGISLATIVE PACKAGE

Fernandez paves way for changes as Congress debates emergency law

19-12-2019 22:16 President says in message posted on Twitter that he wants lawmakers to "improve" legislative package, saying he has the votes to pass bill but wants to "build trust among everyone."

CENTRAL BANK CHIEF

Government will continue making payments during debt talks, says Pesce

19-12-2019 07:42 Speaking at event at the American Club, new Central Bank chief says government wants to continue making debt payments while it renegotiates with creditors in the coming months.

ARGENTINA'S NEW LEADER

Is Alberto Fernández the man to unite Argentina?

10-12-2019 18:02 New president has long been a discreet backroom operator. But on Tuesday he announced big plans to rid the country of its political polarisation.

INAUGURATION

Alberto Fernández inaugurated as president of Argentina

10-12-2019 17:31 Peronist leader's inauguration marks the return of the country to the ranks of left-leaning nations at a moment of right-wing resurgence in the Western Hemisphere.

INAUGURATION

Photo gallery: Alberto Fernández becomes Argentina's new president

10-12-2019 12:56 Peronist leader was sworn in as Argentina president on Tuesday, taking over from Mauricio Macri amid applause and singing by lawmakers and supporters in Buenos Aires.

TRANSITION 2019

Alberto Fernández sworn-in as Argentina's new president

10-12-2019 12:26 In a ceremony chaired by outgoing Vice-President Gabriela Michetti, Fernández took his oath pledging fealty to "God and the homeland." President Macri attends personally to hand over sash and baton.

Transition 2019

D-day arrives for Alberto Fernández as he takes office in Argentina

10-12-2019 10:33 Once low-profile politician assumes the presidency Tuesday with Cristina Fernández de Kirchner as his vice-president – a fact almost unthinkable a decade ago.

TRANSITION 2019

Bolsonaro says trade with Argentina will go on, despite Fernández

09-12-2019 13:30 Reports in the Brazilian press suggest Brazilian leader won't send a government minister to president-elect's inauguration.

Transition of Power

Macri and Fernández embrace as Mass as Church calls for unity

09-12-2019 12:47 Church leader calls for "respect, unity and peace" as outgoing and incoming leaders attend Mass at Basilica of Our Lady of Luján,

NEW GOVERNMENT

Fernández names Miguel Ángel Pesce as Central Bank chief

06-12-2019 22:39 Economist will lead Argentina’s Central Bank during the administration of president-elect Alberto Fernández, who announced his Cabinet appointments in a press conference on Friday.

CADENA NACIONAL

Macri: Argentina is ‘better off than it was four years ago’

06-12-2019 00:24 In his final address to the nation as president, outgoing leader reflects on four years in office and pitches himself as the future leader of the opposition.

CABINET

Felipe Solá will be foreign minister, confirms Alberto Fernández

05-12-2019 16:17 President-elect also confirms that former presidential candidate and ex-Buenos Aires Province governor Daniel Scioli will serve as his ambassador to Brazil.

CONGRESS

Rossi: Máximo Kirchner will be confirmed as Frente de Todos caucus chief

03-12-2019 15:26 "Máximo Kirchner will be the next president of the bloc, it will be formalised," says FpV leader in lower house, speaking Monday.

Transition of Power

Pino Solanas: 'None of Argentina's biggest problems will be fixed in four years'

03-12-2019 07:00 Newly confirmed ambassador to UNESCO speaks about his new role, the Frente de Todos coalition and the most urgent needs of Argentina.

by Mariano Beldyk

BLOOMBERG

Fernández planning simultaneous debt talk with IMF and private bondholders

26-11-2019 13:24 President-elect's team believes holding simultaneous debt negotiations with private bondholders and the IMF will smooth the way for a better deal.

Transition 2019

Fernández says Cabinet is 'basically defined' – but doesn't name names

21-11-2019 17:00 President-elect set to fill roles with members of his inner circle. Almost all still await an official request to join the new Cabinet – but many have already begun work on the roles they’re expected to take on.

Transition of Power

Rossi: Máximo Kirchner would be 'an excellent' caucus leader in lower house

20-11-2019 13:04 In an interview with Canal 26, Rossi said there was a “high level of agreement” among lawmakers that the son of former president Cristina Fernández de Kirchner should lead the caucus in the Chamber of Deputies.

TRANSITION 2019

Fernández tells IMF chief Argentina will 'comply with debt obligations'

20-11-2019 09:49 President-elect tells IMF chief Kristalina Georgieva that he has a plan to grow the economy and tackle the nation’s debt without "more fiscal adjustments."

PRESIDENT-ELECT

Alberto Fernández says he won't rush debt deal

18-11-2019 16:12 Frente de Todos leader says he won’t rush the debt agreement process to ensure he gets a good deal for the country.

bloomberg

Argentine bonds sink to 36 cents as Fernández stays mum

13-11-2019 17:43 Investors are seeking definition and signs Argentina will do everything to avoid default. But president-elect Alberto Fernández still hasn't detailed his plans.

Bolivia Political Crisis

Fernández: 'Faurie is an unfortunate part of our diplomatic history'

12-11-2019 10:10 Tensions escalate between Argentina's outgoing and incoming governments over how to best address the situation in next door Bolivia.

TRANSITION 2019

Fernández struggles to counter narrative that Cristina will be in charge

11-11-2019 16:43 Alberto Fernández is Argentina's next president. But before even taking charge he is battling claims that he is just a puppet for ex-president Cristina Kirchner.

PRESIDENT-ELECT TELLS CGT

Alberto Fernández: 'The labour movement is part of my government'

08-11-2019 17:11 Argentina's next leader praises Perón at umbrella union group's headquarters as he attends meeting and calls on union leaders to back his social-economic pact.

UPROAR AT REMARKS

Flybondi founder sparks controversy by describing Peronism as 'a cancer'

06-11-2019 18:00 Low-cost airline asks founder Julian Cook to resign from position on board, after he described Peronism as "a cancer that has destroyed Argentina little-by-little for decades."

BILATERAL RELATIONS

Bilateral spat between Bolsonaro and Fernández escalates yet again

06-11-2019 17:43 In the latest round of confrontation, outspoken Brazilian leader sends tweets about three companies allegedly closing their factory doors in Argentina – and now looks set to downgrade diplomatic representation at Alberto Fernández's inauguration.

RELATIONS WITH WASHINGTON

Alberto Fernández planning US trip to visit Trump, oil majors

04-11-2019 15:20 Spokespeople for the Frente de Todos leader confirm president-elect intends to visit the US after his assumption on December 10, for a trip that would include a meeting with Donald Trump and a stop in Houston, Texas.