IMF DEBT PROGRAMME Argentina, IMF talking about new programme outline 29-02-2024 12:20 Argentina, IMF in talks about outline of possible new programme to speed up exit from capital controls.
Bonds La Rioja Province hires advisers as it struggles to pay bonds 27-02-2024 11:40 La Rioja Province hires advisers to negotiate with bondholders in face of “unprecedented economic challenges."
IMF DEBT DEAL Government reaches deal with IMF staff to unlock US$4.7 billion 10-01-2024 17:15 Argentina reached an agreement Wednesday with staff from the International Monetary Fund on the seventh review of the country’s US$44-billion programme.
IMF DEBT PROGRAMME IMF confirms Argentina asked to postpone October payments 06-10-2023 14:52 Request confirmed by the global monetary watchdog on Thursday; Government will have to pay US$3.4 billion after the election.
Public rebuke Central Bank technical move slammed as ‘attack’ by Mercado Pago 26-09-2023 11:23 Technical measure by Argentina’s Central Bank provokes rare public rebuke by fintech arm of MercadoLibre.
FINANCIAL MANOUEVRING Brazil pitches plan to guarantee exports to Argentina in yuan 23-08-2023 15:56 President Luiz Inácio Lula da Silva’s administration searching for ways to aid Argentina amid its intensifying economic crisis, while also attempting to ensure Brazilian exporters are paid for sales.
BLOOMBERG Billionaire-backed Ualá launches ‘star product’ in Mexico 14-02-2023 14:35 Argentina’s Ualá, the fintech company backed by George Soros, Steve Cohen and Tencent Holdings, will begin offering credit cards in Mexico through its alliance with ABC Capital.
BLOOMBERG Fintech firm Ualá to start giving personal loans in Mexico 05-12-2022 17:06 Ualá will begin offering loans for its clients in Mexico through its alliance with Mexican bank ABC Capital.
BLOOMBERG Ualá acquires ‘buy now pay later’ company Ceibo Creditos 06-09-2022 12:53 Argentina's Ualá has acquired Ceibo Créditos, a fintech firm specialising in providing credit and financial services that include "buy now, pay later" options.
FINANCE PIX, the e-payment system revolutionising Brazil 29-08-2022 16:13 In under two years, PIX has become the most popular form of payment in Brazil, surpassing credit and debit cards.
WELFARE & POVERTY Millions relying on food banks and soup kitchens as prices surge 29-04-2022 14:51 More than four million people depend on food banks and soup kitchens to eat in Argentina, and although the country has a well-oiled welfare network, the fight against high prices is tough and uncompromising.
BLOOMBERG Ualá launches mobile payments for small businesses in Mexico 28-04-2022 10:19 Argentina’s Ualá mobile payments company is expanding into merchant services in Mexico.
Brazil election 2022 Cash handouts are saving Brazil’s poorest — and Bolsonaro’s campaign 18-04-2022 16:56 Jair Bolsonaro trails in polls for Brazil's upcoming presidential election. The outcome may hinge on government subsidies in a nation riven by inequality.
EDITORIAL Picky with the pickets 09-04-2022 00:01 Civic patience in Argentina is being increasingly strained by escalating social protests.
DEBT RESTRUCTURING Argentina to resume Paris Club talks over US$2-billion debt 22-03-2022 15:50 Argentina is resuming negotiations this week with a wealthy group of nations known as the Paris Club over US$2 billion in outstanding debt as a grace period ends.