News of policy

Central Bank hikes interest rates to 75% as inflation nears 100%

15-09-2022 23:17 Central Bank boosts benchmark Leliq rate by 5.5 percentage points to 75% in a bid to prop up its currency and curb inflation.

President Fernández to attend UN General Assembly in New York

15-09-2022 16:37 Peronist leader will deliver speech before UN General Assembly in New York on Tuesday, before heading to Houston for talks with energy industry leaders. Postponed meeting with US President Joe Biden has not been rescheduled for this trip.

Introduction of ‘soy dollar’ leaves Argentina with seven exchange rates

06-09-2022 15:40 New 'soy dollar' rate, designed to boost exports and boost Central Bank reserves, unveiled by Economy Minister Sergio Massa; Following its arrival, there are now seven other exchange rates already operating in Argentina.

Government creates new foreign exchange rate for soy exporters

05-09-2022 08:29 Argentina's government announces new special exchange rate for the country’s soy producers in a bid to incentivise exports and shore up Central Bank reserves.

Yachts, whiskey, bull semen land on Argentina’s import blacklist

28-08-2022 09:47 New restrictions on imports form part of the government’s frantic attempt to stabilise currency and curb inflation.

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.

Inflation, export duties and IMF: Silvina Batakis’ economic definitions

06-07-2022 23:00 Martín Guzmán’s successor considers that the escalation of prices is a multi-causal phenomenon and defends strong state regulation of the economy. For her, “wages must run ahead of inflation.”

Fernández calls for Argentina's incorporation into the BRICS group

24-06-2022 13:15 BRICS members said in a declaration issued late Thursday that they "support talks between Russia and Ukraine" but did not lay out a pathway towards ending the war.

Biden faces uphill climb to restore US clout in Latin America

13-06-2022 14:20 US president has made a forceful pitch to reassert Washington's influence in Latin America, but the modesty of his promises will test his efforts at a time when China is making rapid inroads. 

Fernández and Bolsonaro meet for only second time at Americas Summit

10-06-2022 12:42 For Argentina's government, what was only the second face-to-face meeting between the leaders was just an informal exchange, but it is also the beginning of the thawing of a relationship that has had many flashpoints.

by Rosario Ayerdi

Laying out pledges, Biden urges Americas to prove democracy works

09-06-2022 13:46 Welcoming leaders to Los Angeles for the Summit of the Americas on Wednesday, US president acknowledges differences but makes an impassioned plea for democracy.

US opposes dictators? Yes! Except when it supports them

07-06-2022 14:44 Dictators are bad, except, well, when they're kind of OK: welcome to the moral gymnastics that Joe Biden is only the latest US president to embrace in a complicated world.

Biden faces cloud on summit to reset Latin America ties

04-06-2022 08:35 US president is hoping to show a new era of US engagement with Latin America at a long-heralded summit next week, but the meeting has been clouded by boycott threats and charges of an unambitious agenda.

With 58% inflation, nobody in Argentina knows the price of anything

31-05-2022 12:47 With inflation at 58% and accelerating, Argentina's economy is an outlier even in a world where prices are taking off almost everywhere.

Feletti resigns as domestic trade secretary, strengthening Guzmán's hand

23-05-2022 17:21 Kirchnerite official steps down as head of Domestic Trade Secretariat, strengthening position of Economy Minister Martín Guzmán.

Argentina moves closer to joining BRICS group

21-05-2022 12:00 China and Brazil support bid, according to reports; President Alberto Fernández says joining is chance to institutionalise “new world order based on development.”

President Fernández questions economic sanctions against Russia

11-05-2022 15:59 Peronist leader, speaking in Berlin, says Russia should remain in the G20 and that sanctions on the country over Ukraine war are having “negative repercussions for Argentina and the world.”

Argentina looks to Spain as an entry point for its gas to Europe

10-05-2022 16:33 Argentina intends to sell gas to Europe in the coming years and Spain could be its gateway, President Alberto Fernández tells Spanish Prime Minister Pedro Sánchez in Madrid.

Windfalls or smokescreens?

23-04-2022 00:01 In proposing to milk any commodity price bonanza arising from the Ukraine war without offering anything to recoup losses, the government is blatantly applying a “heads I win, tails you lose” logic.

by Michael Soltys

Proposal to ‘re-establish ties’ with Maduro draws fire from critics

19-04-2022 20:38 Opposition hardliners, human rights groups and US lawmaker Marco Rubio strongly criticises President Alberto Fernández after he announces that he wants Argentina to re-establish diplomatic relations with Venezuela.