News of pasos

Argentine bonds decline in post-election trading, peso stable against dollar

28-10-2019 17:21 Local bonds dropped by the most in about eight weeks on Monday, as investors sought more clarity on economic policy under Alberto Fernández and his running-mate Cristina Fernández de Kirchner.

BLOOMBERG

Blow for farmers, boon for drillers? Election's winners and losers

28-10-2019 16:47 Agricultural producers fear shit in tax rates on soybeans, wheat and beef and tighter capital controls, but Fernández will likely do his best to spur drilling in Vaca Muerta and boost mining exports.

ELECTION 2019

Alberto Fernández gives Macri the names of his transition team

28-10-2019 16:03 At a breakfast meeting at the Casa Rosada, Peronist president-elect informs Mauricio Macri of the names of officials who will oversee the transition between the two governments.

ELECTION 2019

Exit polls indicate Alberto Fernández wins election in first round

27-10-2019 20:00 Frente de Todos leader calls for unity after exit polls indicate Macri will lose election. Kicillof likely to win in Buenos Aires Province; Rodriguez Laretta to win race in the City.

ELECTION 2019

Voters head to polls as presidential election gets underway

27-10-2019 12:28 Opinion polls point to a victory for Peronist hopeful Alberto Fernández, as President Mauricio Macri seeks re-election and four more years in office.

BLOOMBERG

Once-bitten Argentine investors aim to avoid panic on Sunday

23-10-2019 11:33 A victory by Alberto Fernández this weekend would leave investors in a holding pattern as they await clarity on his policies and a the appointment of a cabinet.

ELECTION 2019

Macri and Fernández trade blows in aggressive second debate

21-10-2019 03:04 More aggressive tone to second and last debate in Buenos Aires, as President Macri links rival to corrupt Kirchnerite officials and Peronist rival hits back, citing president's family. Left-winger Del Caño the pick of other four candidates.

by James Grainger

ELECTION 2019

Macri calls for comeback before huge crowd in Buenos Aires

20-10-2019 08:00 #SíSePuede march draws huge crowds to Obelisk, as president hails "rebellion of the people of peace."

ELECTION 2019

Macri’s longest and largest march – but will it be enough?

20-10-2019 00:42 One week before voters go to the ballot boxes, president tries to appeal to voters’ anger, frustration and dreams all at once.

by Carly Graf

ELECTION 2019

Fernández: 'Argentina's problem isn't Cristina. It's what Macri has left behind'

17-10-2019 08:01 Frente de Todos hopeful dismisses the worries that he would be unduly influenced by running-mate Cristina Fernández de Kirchner, should he win the October 27 election.

ECONOMIC INDICATORS

Inflation in September reached 5.9%, the highest figure of the year so far

16-10-2019 16:26 Prices have risen by 37.7% in 2019 so far and by 53.5% over the last 12 months, according to INDEC's CPI index.

ELECTION 2019

Candidates clash over economy, Venezuela in first presidential debate

14-10-2019 01:39 Macri and Fernández clash over economic turmoil, debt and the crisis in Venezuela took in Santa Fe, as the country’s six presidential candidates went face-to-face in the campaign’s first debate.

PROVINCIAL RELATIONS

Supreme Court rules for provinces in row over tax, IVA cuts

02-10-2019 16:42 In a blow to the Macri administration, Justices rule that national government's post-PASO measures should not be funded by co-participatory funds.

ELECTION 2019

Before large crowd of supporters, Macri vows to turn around presidential race

30-09-2019 10:20 “This election can be turned around,” president tells crowd of thousands who descended on the Barrancas de Belgrano neighbourhood of the capital on Saturday for the first '#SiSePuede' rally.

Bloomberg

Juan Luis Manzur: Argentina needs a mature relationship with IMF

23-09-2019 15:48 Tucumán Governor Juan Luis Manzur says presidential hopeful Alberto Fernández is "a man of dialogue and consensus" who will honour Argentina's debt obligations.

PASO FALL-OUT

Elisa Carrió alleges election fraud, provides no evidence for claim

15-08-2019 10:05 Government insists election was 'transparent' despite claims of Macri-allied outspoken lawmaker. Journalist Jorge Lanata asks those alleging fraud to place to 'use their heads a little.'

2019 Elections

Alberto Fernández: 'No point' in meeting Macri

14-08-2019 14:56 Alberto Fernández emerged with a 15-point lead over the incumbent from Sunday's primaries vote, deeply complicating the Mauricio Macri's chances of winning re-election.

Argentina-Brazil

Brazil-Argentina ties sour as Bolsonaro fumes over primary vote

14-08-2019 12:14 President of Brazil Jair Bolsonaro expressed his discontent over the triumph of Kirchnerism in Sunday’s primaries. Though different in style, Mauricio Macri and Bolsonaro had similar economic goals.

ECONOMIC MEASURES

Macri offers mea culpa, announces measures to boost incomes

14-08-2019 11:09 President offers an apology for tetchy performance in Monday's press conference and tells Argentines 'he understands' their anger, announcing raft of measures to help workers and businesses.

PASO FALL-OUT

Utility stocks face gloomy outlook as downgrades mount

14-08-2019 09:55 Outlook for Argentina’s energy companies has worsened after primary election results raise concerns about the return of more intervention in utility prices.

BLOOMBERG – ANALYSIS

What the markets are telling Argentina's next leader

14-08-2019 09:45 To boost his credibility, Fernández could name someone with a track record in finance to reach out to creditors and the IMF, clearly signalling his commitment to follow through with the fiscal consolidation Macri has put in motion.

by Mac Margolis

ECONOMIC MEASURES

Macri set to announce economic measures to help citizens, firms

14-08-2019 09:29 President set to unveil measures including a boost to child-care benefits, extra tax exemptions for lower-income Argentines, and special conditions for small and medium-sized companies to pay taxes.

PASO FALL-OUT

Alberto Fernández casts doubt over Mercosur's trade deal with European Union

13-08-2019 17:45 Frente de Todos leader questions European Union's trade deal with the South American trade bloc that was signed in June but not yet ratified.

PASOS 2019

Elisa Carrió saw Macri’s PASO speech as one of 'defeat,' says source

13-08-2019 17:36 Sources close to the Coalición Cívica leader tell Perfil that she was disappointed with reaction of her coalition partner to Sunday night's primary loss.

PASO FALL-OUT

Alberto Fernández: 'Two-thirds of the population rejected the government'

13-08-2019 14:39 In a wide-ranging exclusive interview with NET TV, Frente de Todos presidential candidate detailed his views on the economy, Roberto Lavagna, 'la grieta,' his relationship with CFK and Venezuela.

PASO FALL-OUT

Evo Morales: Argentina's PASO vote is a 'rebellion' against IMF

13-08-2019 13:02 Bolivian president describes results of Sunday's vote as "a rebellion of the Argentine people against the economic model of the International Monetary Fund."

PASOS 2019

Córdoba victory not enough to carry Macri this time

12-08-2019 18:06 Córdoba and the Buenos Aires City were the only regions that President Mauricio Macri won in Sunday’s PASO primaries. His margin of victory in Córdoba was significantly lower than in 2015.

by Jonah Shrock

PASO FALL-OUT

Macri speaks on PASO fall-out: 'Kirchnerismo has no credibility in the world'

12-08-2019 17:13 "We are going to reverse this bad election and we are going to reach the second round," Macri tells reporters in wake of stunning defeat to Peronist candidate Alberto Fernández.

PASOs 2019

Fernández: Macri hasn't called me for years, he's not going to now

12-08-2019 16:31 In comments that raise the spectre of another difficult transition between governments in Argentina, Frente de Todos leader reveals Interior Minister Rogelio Frigerio is the only Juntos por el Cambio figure to have contacted him.

ANALYSIS: PASOs 2019

Macri, Fernández must begin transition of power now

12-08-2019 16:31 Alberto Fernández has still not woken up to the fact that he's the virtual president-elect. When he spoke on Sunday evening, upping the ante to gain even more votes in October, he spoke of "in the next two months." His problem starts now, in the next two days.

by Jorge Fontevecchia

Bloomberg

Markets signal Argentina may be headed for another debt crisis

12-08-2019 15:34 Credit-default swap trading now shows an implied probability that Argentina will suspend debt payments over the next five years at about 75%.

PASOS 2019

Pichetto: “This is a punishment from the middle class”

12-08-2019 13:59 The Peronist leader said after the stunning defeat of the Juntos por el Cambio ticket that it was a reaction from people who were hurt by the 2018 devaluation.

Black monday

Black Monday: Peso slumps to 60 per dollar in some banks, MERVAL collapses

12-08-2019 13:18 Central bank ups interest rates to nearly 75 percent as peso and stock market collapse.

ANALYSIS: PASOs 2019

Three lessons from the PASOs

12-08-2019 13:06 The breakdown of the vote in the PASOs was surprisingly steady when compared to the past – it’s the electoral offer that made the difference.

by Marcelo J. Garcia

PASOS 2019

No poll came close to predicting size of Alberto Fernández's victory

12-08-2019 10:34 Even the closest poll from the last week before the PASOs was nine points off from the actual result...

Kirchnerite stronghold

Alicia Kirchner re-elected Santa Cruz governor with solid win

12-08-2019 09:55 The forecast for voting on Monday morning even put Alicia Kirchner's performance above her national ally, Alberto Fernández, by over seven percentage points.

PASOS 2019

Dollar already being sold at 49.50 pesos on Internet

12-08-2019 09:40 Market predictions diverged from the actual votes of Argentines as markets prepare for a post-Cambiemos Argentina.

PASOs 2019

Kicillof asks for 'responsibility' from gov't, as officials huddle at Casa Rosada

12-08-2019 09:37 Government officials meet at Casa Rosada, as Fernández and Kicillof hail Frente de Todos coalition's performance in PASO primaries.

BLOOMBERG

Argentine eurobonds tumble after Macri thrashed in shock PASO vote

12-08-2019 08:20 The peso could lose 25 percent of its value and bonds may slump about 20 percent on the results, according to BTG Pactual Argentina.

PASOs 2019

Province-by-province, how did the Fernández-Macri tickets perform?

12-08-2019 01:35 Frente de Todos presidential candidatescored victories in the overwhelming majority of provinces in Sunday's PASO primaries, with President Macri's coalition performing strongly only in Córdoba and Buenos Aires City.

PASOs 2019

Alberto Fernández: 'We are going to fix what the others have broken'

12-08-2019 00:53 Presidential candidate, fresh from his landslide victory in the primaries, declared Sunday night that "Argentina had realised that change" will arrive in the form of his Frente de Todos coalition.

BLOOMBERG

Fernández landslide likely to prompt sell-off in markets on Monday

12-08-2019 00:06 Results are poised to trigger a market sell-off on Monday as investors come to terms with the possibility that the market-friendly policies adopted by President Macri may be replaced by more interventionist measures.

PASOs 2019

Alberto Fernández scores huge victory over Macri in PASOs

11-08-2019 23:31 Frente de Todos leader emerged from Argentina's PASO primaries with an almost 15-percentage point lead over incumbent President Mauricio Macri on Sunday night, shocking the nation.

ELECTION 2019

Macri admits heavy defeat in Argentina's PASO primaries

11-08-2019 22:29 With provisional results yet to have been released, president admits his coalition had suffered 'a bad election.'

PASOs 2019

Confident Alberto Fernández vows to end polarisation

11-08-2019 21:41 Amid unconfirmed reports that the opposition Peronist grouping had performed stronger that President Mauricio Macri's Juntos por el Cambio coalition in Sunday's PASO primaries, Fernández said that "la grieta is over, forever."

ELECTION 2019

President Macri attacks 'enemies of change' as campaign nears end

07-08-2019 16:12 Juntos por el Cambio leader slams "bureaucrats, mafiosos, the corrupt, thugs and bribers" for holding country back, in aggressively worded message on social networks.

Bloomberg

Risks rise for Macri ahead of PASOs as markets turn sour

05-08-2019 12:35 Just six days before the country votes, the government, Central Bank and investors are facing a fresh bout of volatility in financial markets amid trade disputes and a generalised risk-off mood.