News of future

Argentina’s black-market peso slumps to record ahead of holidays

29-12-2022 15:33 Argentina's black market exchange rate plunged to a record low this week, with the blue dollar hitting 357 pesos per greenback.

ARGENTINA: WORLD CHAMPIONS!

Messi says will continue playing for Argentina after World Cup win

18-12-2022 19:08 "I want to keep experiencing a few more matches as world champion," says skipper after epic World Cup final victory.

CURRENCY CONTROLS

Qatar and Coldplay: Argentina multiplies its exchange rates

13-10-2022 01:43 The 'dólar Catar' and 'dólar Coldplay' were added to Argentina's exchange control jargon on Wednesday.

NEW MEASURES

New taxes slapped on concerts, spending on cards overseas

12-10-2022 16:04 Aiming to "protect reserves for production and job creation,” the National Government introduces new levies to discourage purchases in dollars with debit and credit cards; New measures affect foreign currency purchases in excess of US$300, trips abroad and luxury goods.

BRAZIL ELECTION 2022

High stakes for climate-change race in Brazil vote

29-09-2022 01:27 Under Bolsonaro, average annual deforestation in the Brazilian Amazon has risen by 75% compared to the previous decade, with environmental funding slashed.

Another week in Argentina

Resignation, transition, succession: Inside Guzmán's last days and Batakis' first

08-07-2022 09:48 The economy minister’s decision to step down, the reaction to it and how the government found a replacement – inside a momentous week in Argentina.

by Juan Luis González

CABINET CHANGE

Stiglitz: Frente de Todos divisions made Guzmán’s work impossible

06-07-2022 16:34 Economist and 2001 Nobel Prize for Economics winner Joseph Stiglitz blames coalition tensions for Martín Guzmán's departure from office.

FINANCIAL TURBULENCE

Argentina's bonds, currency plunge on Batakis' first day in office

05-07-2022 17:04 Argentina’s global bonds fell the most since they were issued nearly two years ago as Silvina Batakis assumes office.

NEW MINISTER SWORN-IN

Batakis sends message to markets as she’s sworn-in as economy minister

04-07-2022 22:17 Argentina’s new economy minister Silvina Batakis says she believes in “fiscal balance” and says Argentina needs “more exports” and to “revalue our currency.” Vowing to talk to the IMF soon, she says that the government's segmentation plan to alter subsidies for public utilities will continue.

Bloomberg

Batakis takes reins of Argentina’s economy as markets tumble

04-07-2022 21:34 Silvina Batakis declares that she "believes in fiscal balance" as she is sworn-in as economy minister.

BLOOMBERG

Analysts: Argentina's IMF deal at risk with new economy minister

04-07-2022 15:08 Analysts say Argentina's US$44-billion programme with the International Monetary Fund may be in jeopardy after President Alberto Fernández chose leftist economist Silvina Batakis as the country's new economy minister.

BLOOMBERG

Argentina’s black market peso sinks on economy minister shake-up

04-07-2022 14:16 Argentina’s black market exchange rate tumbled on Monday after left-leaning economist Silvina Batakis was appointed as the new economy minister.

New minister named

Fernández and CFK chose Silvina Batakis as Argentina's new economy minister

03-07-2022 22:55 After lengthy negotiations at the Olivos presidential residence, President Alberto Fernández appoints Silvina Batakis to replace Martín Guzmán, who resigned amid a crisis in the ruling Frente de Todos coalition.

POLITICS & ECONOMY

Fernández taps Batakis as economy minister to tackle crisis

03-07-2022 22:38 President Alberto Fernández taps Silvina Batakis as the country’s new economy minister to replace Martīn Guzmán, who resigned his post a day earlier.

ANALYSIS

Cristina achieves her goal: sacking Alberto's economic team

03-07-2022 09:41 In recent weeks, the pressure bearing down on Martín Guzmán had intensified – both from the markets and from the Kirchnerite wing of the government.

MARKETS

Argentines seek hedging in crypto after minister resigns

02-07-2022 22:59 Moves on crypto markets could indicate unease over the growing rift within the ruling coalition and concern over the government’s ability to tackle rising inflation and other economic challenges.

ANALYSIS

Guzmán resigns as coalition divisions grow

02-07-2022 22:55 Shake-up raises doubts over whether Argentina can comply with a US$44-billion IMF programme, whose goals and objectives for the second half are seen by private economists view as too challenging to reach.

PROFILE

Martín Guzmán: the debt negotiator who fell with Argentina's economy

02-07-2022 22:48 A leading disciple of Nobel Prize-winning economics laureate Joseph Stiglitz, 39-year-old Martín Guzmán lacked experience in government when he joined President Alberto Fernández's Cabinet in December 2019.

TECH & CULTURE

Is AI the future of art?

13-06-2022 17:21 A new wave of artists are creating work with the help of artificial intelligence, creating rules for computers which then use algorithms to generate new forms, ideas and patterns.

CENSUS 2022

Government launches 2022 census, first to feature digital element

18-03-2022 13:27 Argentina’s last census, carried out in 2010, revealed that the country’s population was 40.11 million, although current estimates place the figure at around 45 million people.

As I see it

Adrift in a world out of kilter

21-01-2022 22:00 Imperfect as the order installed by the United States in the late 1940s may have been, it, or what remains of it, is surely preferable to what seems likely to come next.

by James Neilson

EUROPEAN POLITICS

'Hamstrung' Europe searches for a post-Merkel leader

28-12-2021 10:15 Angela Merkel's departure from the political stage after 16 years as chancellor has not only ushered in a new era in Germany but also shaken up the power balance in the European Union.

Energy & Environment

Climate crisis puts oil in the crosshairs, but dependence persists

27-12-2021 23:20 The climate crisis has put the end of oil onto the agenda, but achieving that is a colossal task given the world economy's deep dependence on petroleum.

Bloomberg

Rio Tinto buys US$825-million lithium project in battery push

21-12-2021 18:24 Rio Tinto Group agrees to buy a lithium mine in Argentina for US$825 million as the world’s second-biggest miner accelerates its push into battery materials.

ELECTIONS 2021

Macri on election: ‘It’s the end of one era and the beginning of another’

15-11-2021 00:00 “The result confirms that it is the end of one era and the beginning of another," declares former president Mauricio Macri.

EDITORIAL

Is all the world a stage or something more?

29-10-2021 21:51 In general, green thinking in Argentine politics spells greenbacks rather than environmental conservation – a tendency underlined by the total absence of the issue in the electoral debates earlier this month.

EDITORIAL

The beginning of the end?

17-09-2021 22:07 The Frente de Todos coalition, with the vice-presidential tail wagging the presidential dog, has been a rare experiment premised on a united Peronism being big enough to contain its own historic contradictions by guaranteeing electoral victory and thus power. That myth was rudely shattered by last Sunday’s voting.

COALITION TENSIONS

Kirchnerites pressure Guzmán over use of new IMF funds

08-05-2021 01:19 Kirchnerite wing of ruling Frente de Todos coalition wants economy minister to deploy new IMF special drawing rights funds in fight against Covid-19.

THE RUMOUR MILL

Question marks over Guzmán’s tenure as economy minister

04-05-2021 22:09 Martín Guzmán’s bid to force out Energy Undersecretary Federico Basualdo – frustrated for now despite counting on the support of President Alberto Fernández – has reignited rumours over the economy minister’s future and exposed infighting among the ruling coalition.