SANTIAGO, Sept 15 Argentina's state-controlled
oil company YPF said a gas well caught fire at its vast shale
oil and gas formation of Vaca Muerta early on Sunday following a
gas leak on the previous day.
BUENOS AIRES/NEW YORK Argentina's stocks, which crashed last month to multi-year lows, are starting to lure in hardy investors tempted by bargain basement prices, even as the country teeters on the brink of default ahead of a general election next month.
BUENOS AIRES Argentina's inflation rate is expected at 53% in December 2019, but will fall back to 34% the following year, according to projections in the forthcoming 2020 budget, treasury officials said on Wednesday.
BUENOS AIRES Argentina's central bank late on Wednesday announced further currency controls in an effort to tame speculation and stem a spiraling debt crisis in Latin America's third largest economy.
BUENOS AIRES Argentina's black market peso is breaking away from the official spot rate by the largest margin since 2015, as political upheaval and currency controls spook investors about the currency's real value.
BUENOS AIRES Argentine bond prices fell to record lows on Monday and the official and black market pesos diverged after the country imposed capital controls in a bid to stem a currency rout that is sharpening the risk of default. | Video
BUENOS AIRES Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
BUENOS AIRES, Aug 27 Argentina's central bank on
Tuesday exceeded for the first time a guideline on reserve sales
agreed as part of its $57 billion standby agreement with the
International Monetary Fund, selling $302 million in the foreign
exchange market, traders said.
BUENOS AIRES Argentine presidential candidate Alberto Fernandez said on Thursday there was "no possibility" the country would default on its debt if he were elected in October, but that the government would have to negotiate new terms with creditors due to the weak economy.
BUENOS AIRES The Argentine opposition candidate, Alberto Fernandez, said that the country would struggle under present conditions to repay a loan to the International Monetary Fund and he would seek to renegotiate the repayment terms, according to an interview published on Sunday by the newspaper Clarin.