News of government

Inflation woes continue: prices up 7% in August

15-09-2022 23:52 Food and non-alcoholic beverages see highest spikes as purchasing-power continues to plummet; Prices have risen 56.4% since January with annual projections now nearing 100%.

Call for ‘hate speech’ law divides government and galvanises opposition

09-09-2022 11:22 Ruling coalition U-turns on proposal after INADI anti-discrimination institute Director Victoria Donda demands introduction of ‘hate speech’ law in wake of attack on vice-president.

by Sam Forster, for the Buenos Aires Times

Massa trails new policy announcements to business leaders, investors

19-08-2022 14:28 Economy minister delivers keynote speech at Council of the Americas summit in the capital; Social plans, public employment and other economic announcements are on the way, he tells US investors.

Subsidies slashed – sharp rises coming for more than four million households

17-08-2022 13:05 Government hopes to save US$3.2 billion in 2023 with partial removal of subsidies for electricity, gas and water services; New Energy Secretary Flavia Royón announces a plan to trim assistance for the wealthiest, starting September.

Inflation surges past 70% on political turmoil

11-08-2022 16:46 Consumer prices rose 71% in July from a year ago, the highest level in about 30 years, according to government data published Thursday.

Massa gains ground in energy sector power struggle ahead of IMF talks

11-08-2022 00:03 Sergio Massa removes Energy Secretary Darío Martínez, replacing him with Salta’s Flavia Royón; Power tussle for control of the energy sector finally pans out in the exit of Darío Martínez.

Argentina’s new economy czar sworn in

03-08-2022 17:34 Sergio Massa takes over as the country’s third economy chief in the last month

‘Super’ economy minister faces mounting crisis ahead

01-08-2022 14:10 Following days of uncertainty during the absence of then Economy Minister Silvina Batakis in Washington, the cabinet changes under study by President Alberto Fernández since midweek started falling into place soon after her return Thursday with Congress Speaker Sergio Massa the new “super-minister.”

Argentina’s black-market peso hits record as crisis mounts

20-07-2022 15:31 The unofficial Argentine peso has dropped to a historic low this Tuesday, which has exacerbated the crisis provoked by the resignation of former Economy minister Martín Guzmán earlier this month.

Inflation hits 64% year-on-year, analysts fear worse yet to come

14-07-2022 19:05 No respite from price hikes in Argentina: Inflation hit 5.3% in June, increases totalled 36.2% in first half of this year.

Anti-government protesters take to streets on Independence Day

10-07-2022 09:27 Protesters march to Plaza de Mayo and Casa Rosada to demonstrate against government on Independence Day.

From Gooseman to Batgirl?

09-07-2022 07:30 Recommended to President Fernández as having “the necessary dose of heterodoxy and the indispensable dose of orthodoxy,” Guzmán was eventually found wanting on both counts with the latter front more fatal.

by Michael Soltys

Colombia's first black vice-president brings green focus

23-06-2022 16:58 Francia Márquez will become Colombia’s first black vice-president in a government that was elected on a platform of radical change. 

UK hit by biggest rail strike in over 30 years

21-06-2022 15:30 Travel across British railway stations ground to a halt Tuesday as widespread strike action plunged commuters into chaos.

Argentina pushes bill to tax ‘unexpected’ profits amid disputes

07-06-2022 08:05 President unveils legislation to slap a 15 percent tax on companies’ extraordinary profits, a move seen as appeasing the most radical left-wing members of his divided coalition.

Fernández, Guzmán seek special tax on Ukraine war windfall profits

06-06-2022 21:34 Reacting to tensions in the ruling coalition, President Alberto Fernández vows to move ahead with windfall profits tax and tells Congress it has the “obligation to support” the bill.

Argentina to ‘take more time’ reducing energy subsidies

30-05-2022 16:16 Argentina will reduce energy subsidies for utility bills at a slower pace than anticipated because of higher costs stemming from the impact of Russia’s invasion of Ukraine.

Government to raise income tax floor following pressure from Massa

26-05-2022 23:31 The government will raise the income tax floor for all employees in the fourth category, with both the Christmas and mid-year bonuses exempt from taxation, according to reports.

The maybes of May

14-05-2022 00:01 Today’s anniversary is nowhere in the current agenda with plenty of issues to absorb our attention, yet stopping to recall the Menem years would not go amiss.

by Michael Soltys

Fear, uncertainty, doubt

14-05-2022 00:01 A paradigm shift for Argentina, global geopolitics, and cryptocurrencies.

by Agustino Fontevecchia