United Kingdom

Hernan Nessi

Argentine markets stumble, then recover after election twist

20 May 2019

BUENOS AIRES Argentine markets recovered following an early wobble on Monday as investors grappled with the likely impact of a shock twist in the country's presidential election race after the main populist challenger opted instead to launch a vice presidential bid.

UPDATE 3-Argentina sharply hikes rates to stem peso slide

08 Mar 2019

BUENOS AIRES, March 8 Argentina sharply hiked its key benchmark interest rate on Friday, helping revive the country's peso currency after it had hit a record low against the U.S. dollar the previous day.

Argentina's Macri vetoes bill freezing utility prices

31 May 2018

BUENOS AIRES Argentine President Mauricio Macri on Thursday vetoed a bill passed in the early morning hours by the Senate that would freeze energy and water prices, as political tensions deepen in the economically ailing country.

World News

Trump plays down Iranian shooting of U.S. surveillance drone

U.S. President Donald Trump played down Iran's downing of a U.S. military surveillance drone on Thursday, saying he suspected it was shot by mistake and that "it would have made a big difference" to him if the remotely controlled aircraft had been piloted.