The head of the government German, Olaf Schölzmet on Saturday in Buenos Aires with the Argentine president Alberto Fernandezin which they affirmed the importance of concluding the agreement between the European Union and the mercosur. “We agree on deepening bilateral trade relations and for this the agreement of the European Union (EU) with Mercosur is […]
Tag: Alberto Fernandez
Why the plan for a South American currency does not make sense
“It is not far from the fact that El Salvador has adopted bitcoin”, said Kenneth Rogoffwho became chief economist at the IMF just in time to witness the macro devaluation of the Argentine peso in 2001. Olivier Blanchard, who took office a few years later, simply called it a “wild”. The Brazilian Finance Minister, fernando […]
Brazil seeks to promote Celac as a platform for Latin American integration
The VII Summit of Latin American and Caribbean States (CELAC) this Tuesday in Buenos Aires seeks to promote the integration of countries that are going through multiple political and economic crises, under the influence of the renewed drive of Brazil after the assumption of Luiz Inacio Lula da Silva. The meeting of this forum made […]
Argentina and Brazil would announce tomorrow the project of a common currency called “South”
One of the most important announcements from tomorrow’s meeting between the Argentine president, Alberto Fernandez, and his pair from Brazil, Luiz Inácio “Lula” da Silvawill be the beginning of the process of creating a common currency between both countries, tentatively called “South”. “There will be a decision to start studying the necessary parameters for a […]
Argentina must avoid “hot money”, warns economist
“We are not interested in hot money in Argentina”, said Carlos Melconian, director of the IERAL think tank, in an interview from his office in Buenos Aires. “A flow of capital that generates quick profits and is confused with the element of trust, we are not interested in.” Melconian, who previously headed Argentina’s state-owned Banco […]
Former President Macri warns about “flood” of emigrants from Argentina
The ex-president Argentinian, Mauricio Macri (2015-2019), warned this Sunday about the “flood of emigrants” that implies “a fracture in Argentine history” and assured that it is due to the “fed up of the negative cycles” that are repeated in the South American country and “the lack total future” produced by the Government of Alberto Fernandez. […]
Peronist president of Argentina now plans national food company to curb inflation
Updated on 02/17/2022 05:13 pm The Peronist government Alberto Fernandez plans to create a national food company in the umpteenth attempt to curb inflation after the failure of the price control policy in Argentina. Government spokesperson Gabriela Cerrutti announced that this initiative will allow small and medium production of vegetables to “reach more economically, cheaper, […]
Five obstacles that Argentina must overcome to agree with the IMF
The Argentine government announced on January 28 the outlines of an initial agreement with the International Monetary Fund, but there are still many obstacles to overcome before sealing the deal. The talks made important progress and led officials to announce an understanding on key issues, including the pace of government spending and the central bank’s […]
They criticize Stiglitz for talking about an Argentine economic ‘miracle’
Joseph Stiglitz, a renowned Nobel Prize-winning economist, is facing a wave of criticism from his peers after he claimed that crisis-prone Argentina is witnessing “an economic miracle.” Stiglitz wrote a column for Project Syndicate in which he argues that the President’s administration Alberto Fernandez has implemented pro-growth policies that led to a recovery in the […]
Argentines protect themselves more from inflation than from devaluation
Investors have long relied on at least one thing in the wild and unpredictable Argentine markets: a big devaluation of the peso was looming and the best place to take refuge from this was bonds linked to the peso. dollar. Now, after focusing on this business for two years in a row, they are throwing […]