EDITORIAL Coins in the air 30-04-2022 01:09 There was a time when virtually everybody except the economists defined the economy by its bottom line. Things are no longer so binary or linear – least of all when trying to size up the Argentine economy today.
ECONOMIC OUTLOOK IMF warns of significant risks facing Latin American growth 26-04-2022 10:05 Latin America and the Caribbean facing significant risks to growth, warns International Monetary Fund; Region's economy to grow 2.5% this year, with Argentina's GDP expected to improve 4%.
ECONOMIC INDICATORS Economy grew 9.1% year-on-year in February, says INDEC 22-04-2022 00:00 Argentina's economy regained momentum in February, growing at its fastest pace for several months.
ECONOMIC OUTLOOK IMF upgrades Argentina growth projection ahead of Guzmán talks 19-04-2022 16:26 Multilateral lender predicts GDP will improve by 4% in 2022 but sees inflation topping out the year at 48%.
WORLD ECONOMY IMF slashes global growth forecasts amid Ukraine war 19-04-2022 15:07 IMF lowers global growth forecast to 3.6% for 2022 in wake of "seismic" impact of Ukraine war.
ECONOMIC INDICATORS Economy misses fourth-quarter estimates, but has record year 24-03-2022 14:45 GDP rose 10.3% in 2021, the best performance since the series began in 2004, according to official data.
DEBT RESTRUCTURING Argentina extends Paris Club talks over US$2 billion to June 30 23-03-2022 14:02 Argentina reaches an agreement Tuesday with a group of wealthy nations known as the Paris Club to finalise by June 30 a repayment programme on US$2 billion of debt.
IMF DEBT DEAL IMF admits Ukraine war will impact targets in Argentina’s new programme 18-03-2022 17:50 International Monetary Fund admits economic consequences of Russia's attack on Ukraine will likely impact upon targets outlined in Argentina’s new financing programme.
IMF DEBT DEAL Details of the IMF agreement that the government has sent to Congress 04-03-2022 18:22 Agreement foresees Argentina registering inflation of up to 48% this year, economic growth of 4.5% and receiving IMF disbursements of more than US$24 billion until end of 2022.
ECONOMIC INDICATORS GDP grew 10.3% in 2021 after three years of decline 25-02-2022 14:51 National statistics bureau confirms Argentina’s gross domestic product rose 10.3% in 2021 – first year of growth since 2017.
2022 FORECAST IMF slashes 2022 global growth outlook, forecasts 3% rise in GDP for Argentina 26-01-2022 15:17 The Omicron variant of Covid-19 is creating an obstacle course for the global economy, which will slow growth this year, notably in the world's two largest economies, the IMF said Tuesday.
BLOOMBERG Just a year of Brexit has thumped UK’s economy and businesses 22-12-2021 09:31 In the months after Boris Johnson signed his post-Brexit trade deal with the European Union, the coronavirus masked the economic damage of leaving the bloc. As the pandemic drags on, the cost is becoming clearer – and voters are noticing.
ECONOMIC INDICATORS Guzmán forecasts 10% growth for Argentina's economy in 2021 14-12-2021 12:55 Martín Guzmán tells congressional committee that Argentina's economy will grow 10% this year.
ECONOMIC INDICATORS IMF improves growth outlook for Argentina's economy 12-10-2021 14:04 International Monetary Fund improves 2021 growth forecast for Argentina to 7.5%, rise of 1.1 points.
GLOBAL OUTLOOK IMF: Inequality, inflation hurting pandemic recovery 05-10-2021 12:25 Global economic bounceback from the Covid-19 crisis will downshift this year as countries struggle with rising prices, high debt loads and divergent recoveries, warns IMF.
Bloomberg Economic activity slowed in July amid uneven recovery 28-09-2021 18:44 Argentina's economy grew 11.7% in July from a year ago; Activity expanded 0.8% on a monthly basis, a slower pace from June.
WORLD ECONOMY OECD lowers global growth forecast, but improves Argentina's to 7.6% 21-09-2021 17:31 Organisation for Economic Co-operation and Development warns of "uneven" global economic recovery as it lowered its 2021 growth forecasts for the world and the United States while raising the outlook for Europe and Argentina.
2022 BUDGET Government forecasts 33% inflation, 4% growth in 2022 Budget 17-09-2021 14:07 Economy Minister Martín Guzmán meets deadline, submitting Budget bill to Congress at the last possible moment in the dead of night, as crisis raged in the ruling coalition.
BLOOMBERG Debt load threatens Latin America jobs recovery, World Bank says 14-09-2021 12:06 Latin America’s heavily-indebted corporations are likely to delay rehiring workers during the recovery from last year’s slump, according to the World Bank.
EDITORIAL Bored to tears or bored to fears? 04-09-2021 10:00 Perhaps what Kirchnerism abhors most about Switzerland is not only the neutrality but also the centrality of that landlocked country bang in the middle of Europe – an aversion to the middle ground upon which it will depend so much in the next couple of months.
EDITORIAL Bullish about the economy, or just bull? 27-08-2021 21:24 Guzmán’s rosy indicators need to be seen against a backdrop of thousands of shuttered businesses, at least a quarter of a million permanent jobs lost and some three million people ejected from the middle class into poverty.
BUSINESS Pandemic helps deliver e-commerce boom in Argentina 27-08-2021 21:20 New data from the CACE (Cámara Argentina del Comercio Electrónico) shows invoicing doubled in the first half of the year, reaching 630 billion pesos. by Lorena Rodríguez
BLOOMBERG Paraguay seeks to wind down stimulus as economy bounces back 27-08-2021 12:27 Paraguay will continue to dial back pandemic stimulus next year as a fast growing economy cushions austerity measures that have proved unpopular in other South American countries.
BLOOMBERG Peru’s economy rebounds by record 42% after slump last year 24-08-2021 09:00 Peru's GDP grew 41.9% in the three months through June from the same period a year earlier, when the nation suffered the most severe contraction of any major economy due to the Covid-19 pandemic.
International Monetary Fund IMF improves Argentina's 2021 growth forecast to 6.4% 27-07-2021 17:06 Argentina's economy will grow 6.4% in 2021, predicts International Monetary Fund, citing higher export prices and improved vaccination rate.
Economy World Bank forecasts 'modest recovery' for Latin America and Caribbean 09-06-2021 14:51 Latin America and the Caribbean will have "modest economic recoveries" in 2021, the World Bank has warned. Argentina's economy forecast to rebound 6.4% this year.
PARALLEL POWER X-ray of La Cámpora’s growth 22-05-2021 15:17 La Cámpora leaders are making a huge effort to avoid being accused of conspiring against Frente de Todos and breaking it up prematurely.
EDITORIAL Forecasts and forebodings 13-03-2021 09:21 Improved fiscal solvency meets the dream of every orthodox economist but puffing up an already excessive tax burden would make the cure worse than the disease.
BLOOMBERG Vaca Muerta: Shale driller Vista emerges as a leading producer 01-03-2021 14:29 Vista Oil & Gas has become one of the largest oil producers in the shale-rich Vaca Muerta basin, and is aiming for further growth in 2021.
AS I SEE IT Weighed down by an entitlement culture 06-02-2021 09:50 Will Argentina be able to prosper in the brave new world that is coming our way? Not unless she manages to change lanes in the near future. As things stand, this is most unlikely to happen. by James Neilson
TAMING INFLATION Alberto’s 21st-century agenda? 30-01-2021 07:18 In order to imagine an avant garde agenda worthy of the 21st century, Argentina needs to fix its 20th-century problems. by Agustino Fontevecchia
Economic forecasts IMF boosts world growth outlook as vaccines outweigh risks 26-01-2021 12:32 IMF improves forecast for global growth this year to 5.5%, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent pandemic.
ECONOMIC INDICATORS Economy posts sixth straight month of growth post Covid-Plunge 26-12-2020 10:25 Argentina’s economy continued to recover slowly from its historic Covid-19 plunge earlier this year, posting the sixth straight month of growth.
ECLAC Projection UN slashes LatAm economic slowdown projection 16-12-2020 16:06 Executive secretary of the UN Economic Commission for Latin America and the Caribbean Alicia Bárcena predicts the region will experience growth of 3.7 percent in 2021.
RECKLESSNESS Cristina, Macri and Alberto - all of them took on debt 21-11-2020 08:38 Everyone loves to play the blame game, but let’s get one thing straight for the record: former presidents Cristina Fernández de Kirchner and Mauricio Macri both took on debt – and so has Alberto Fernández. by Agustino Fontevecchia
DRUG LAWS Argentina legalises growing of cannabis for medical use by individuals 12-11-2020 18:31 By decree, the government legalises home cultivation of cannabis for medical use by individuals and small networks, as well as the sale of creams and oils made from the plant in pharmacies.
BLOOMBERG Latin America’s winners and losers in US vote: Election guide 27-10-2020 13:45 Firms from Mexico, Brazil and Argentina are some of the Latin American stocks whose outlook is tied in part to the outcome of next Tuesday's US election.
REGIONAL OUTLOOK Latin America won’t see pre-virus growth until 2023, IMF says 22-10-2020 18:00 Most countries in Latin America will be unable to return to their pre-pandemic growth levels until 2023, says the IMF.
IMF TALKS Fernández, Georgieva ‘confident’ Argentina will seal new IMF deal 10-10-2020 10:01 Officials on both sides say all the right things as first visit of IMF mission team passes off without incident. Kristalina Georgieva says Fund has "no intention of putting pressure on Argentina at this time."
BLOOMBERG Billionaire-backed Argentine fintech Ualá launches in Mexico 29-09-2020 15:30 Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, expands beyond Argentina into Mexico.
Budget proposal Fernández's first Budget projects 5.5% growth in 2021 16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.
GUEST COLUMN Quo vadis, Argentina? 15-08-2020 10:37 A guide to undering Argentina’s incomparable decline and what can we learn from the shortcomings of the Macri administration’s reforms. by Nicolas Rodriguez-Brizuela
DEBT, DEFAULT. DEAL Goodbye default my old friend 08-08-2020 08:44 The ultimate question is if this agreement will spare Argentina the ordeal of holdout bondholders – Guzmán will have conjured a miracle if there are none to worry about once this deal is done. by Martín Gambarotta
UK LAWSUIT Argentina loses bid to throw out US$738-million hedge-fund lawsuit 21-07-2020 22:45 Argentina has lost an attempt to dismiss a UK lawsuit filed by four hedge funds alleging that the country manipulated economic data to avoid making payments for securities linked to its growth.
BLOOMBERG - OPINION Good behaviour won't deliver Argentina from economic pain 03-06-2020 15:50 Argentina deserves debt relief, but also a credible way forward. The country still needs a path to growth, new investment and the prospect of fiscal reasonableness beyond the pandemic – and that is where the road map ends. by Mac Margolis