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United Kingdom

Hernan Nessi

Argentina economy plunges record 19.1% in second quarter on pandemic impact

22 Sep 2020

BUENOS AIRES Argentina's economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.

UPDATE 3-Argentina's new bonds slide as FX woes stoke investor concern

22 Sep 2020

BUENOS AIRES, Sept 21 Argentine newly issued international bonds are once more on the slide as investors price in rising risks over the country's economic recovery and much-needed market reforms following tightened capital controls last week.

UPDATE 1-Argentina debt deal opens door for $13 bln provincial revamp

12 Sep 2020

BUENOS AIRES, Sept 11 Argentina's provinces from Buenos Aires to wine region Mendoza are readying to revamp a combined $13 billion in debt, after a successful sovereign debt restructuring opened the door for local governments to resolve their regional crises.

Argentina debt deal opens door for $13 billion provincial revamp

11 Sep 2020

BUENOS AIRES Argentina's provinces from Buenos Aires to wine region Mendoza are readying to revamp a combined $13 billion in debt, after a successful sovereign debt restructuring opened the door for local governments to resolve their regional crises.

Argentina starts trials on hyperimmune equine serum to treat COVID-19

29 Jul 2020

BUENOS AIRES Argentina has started clinical trials on treating COVID-19 using hyperimmune serum developed with antibodies from horses, authorities from the laboratory involved said on Wednesday.

Argentina's hard-won fiscal progress knocked back by virus

01 Jul 2020

BUENOS AIRES Argentina battled last year to trim its fiscal deficit, but its progress has been crippled by the coronavirus pandemic as emergency spending has ballooned while tax revenues flatlined.

Argentina economic activity seen tumbling 21% in April amid lockdown: Reuters poll

26 Jun 2020

BUENOS AIRES Argentina's economic activity likely plunged by over one-fifth in April, according to a Reuters poll of analysts, underscoring the economic impact from a nationwide lockdown imposed in mid-March to stem the spread of the novel coronavirus.

Argentine peso risk rises as crises spark black market rush for dollars

08 May 2020

BUENOS AIRES Argentina's peso is in increasingly treacherous waters, with twin economic and debt crises at home driving a huge gap between the official rate kept almost static by capital controls and the tumbling black market and other unofficial rates.

Argentina extends coronavirus quarantine until May 10

26 Apr 2020

SANTIAGO Argentina will extend a mandatory nationwide quarantine period until May 10 in a bid to combat the advance of the coronavirus, President Alberto Fernandez said on Saturday.

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