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Tag: argentina

Argentina pays about US $ 390 million in interest to the IMF, continues negotiation for debt

Argentina pays about US $ 390 million in interest to the IMF, continues negotiation for debt

Argentina made an interest payment to the International Monetary Fund (IMF) on Monday for about 390 million dollars for the debt that the country contracted in 2018 and that amounts to about US $ 45,000 million, reported an official source from the southern country. The government of President Alberto Fernández negotiates with the IMF a […]

Argentina to produce green hydrogen with multimillion-dollar Fortescue project

Argentina to produce green hydrogen with multimillion-dollar Fortescue project

The Australian mining company Fortescue announced this Monday, after a meeting with senior authorities of the Argentine Government, that until 2028 it will invest US $ 8.4 billion in the South American country to develop a green hydrogen production project. The announcement was made within the framework of the COP26 climate summit held in Glasgow […]

Argentina criticizes in the G20 that the debt with the IMF “condemns generations”

Argentina criticizes in the G20 that the debt with the IMF “condemns generations”

The president of Argentina, Alberto Fernandez, criticized today in his speech at the first session of the G20 leaders’ summit in Rome that the country’s high debt of more than US $ 46,000 million with the International Monetary Fund (IMF) “Condemns generations” and charged against “the capitalism of production” and “the logic of financial speculation.” […]

Argentina: Spanish President Pedro Sánchez ratifies Fernández’s support for his negotiations with the IMF

Argentina: Spanish President Pedro Sánchez ratifies Fernández’s support for his negotiations with the IMF

Updated on 10/30/2021 12:16 pm The head of the Spanish Government, Pedro Sanchez, ratified this Saturday personally to the president of Argentina, Alberto Fernandez, your endorsement of conversations with the International Monetary Fund (IMF) for the renegotiation of your country’s debt. Sánchez and Fernández, who greeted each other with an effusive hug, met in Rome […]

What is and how has the G20 been transformed

What is and how has the G20 been transformed

Since its inception in the late 1990s, the Group of 20 It has transformed from an international body to address financial crises into a forum to address urgent global issues such as access to vaccines and climate change. Is the structure of the G20 adequate to respond to the changing needs of our time? That […]

Former IMF director Alejandro Werner says Argentina will not pay the IMF

Former IMF director Alejandro Werner says Argentina will not pay the IMF

Updated on 10/29/2021 02:03 pm Alejandro Werner, former head of the Western Hemisphere Department of the International Monetary Fund (IMF), affirmed that Argentina “is not going to pay” the Fund and that any agreement between the two will be a “temporary patch” that will only delay a bank run in that country . “Argentina is […]

Former President Macri denounces political persecution due to failed judicial summons in campaign

Former President Macri denounces political persecution due to failed judicial summons in campaign

With just over two weeks remaining for Argentina to hold legislative elections, former President Mauricio Macri (2015-2019) denounced that he is the victim of political persecution when he went to testify, for the first time after leaving power, accused of ordering illegal espionage during his mandate, in a hearing that ended up being suspended due […]

Peronist Fernández blames inflation in Argentina on “rogue speculation”

Peronist Fernández blames inflation in Argentina on “rogue speculation”

The president of Argentina, the peronist Alberto Fernandez, affirmed that the high inflation that the country registers is not related to monetary policy problems but rather to the “speculation of rogue businessmen”, particularly in the sector of food. “I am concerned about inflation as much or more than you,” Fernández said in a massive event […]

US companies in Argentina question price freeze

US companies in Argentina question price freeze

Updated on 10/25/2021 07:30 pm US capital companies operating in Argentina questioned the recent decision of the Peronist government to Alberto Fernandez to go back to October 1 and freeze the prices of food and other mass consumption products for three months. The Chamber of Commerce of the USA in Argentina (AmCham) expressed in a […]

Argentines seek dollars before more bets on a devaluation

Argentines seek dollars before more bets on a devaluation

Argentine investors are becoming increasingly pessimistic about the peso, betting that the government will inevitably be forced to accelerate the devaluation after the November elections. The growing demand for foreign exchange meant that dollars now cost 196 pesos in the parallel market used to evade exchange controls, almost double the official rate. It is the […]

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