BUENOS AIRES/SAO PAULO Uber's fastest-growing market in the world is now Argentina, company executives say, attributing the expansion to the nation's sudden economic unraveling, which has boosted unemployment and sliced the purchasing power of Argentines. | Video
BUENOS AIRES, Sept 7 Argentina's central bank
chief said on Friday government financing for 2019 "will be more
than sufficient" and that the recent sharp depreciation of the
country's peso currency will "correct itself quicker than
BUENOS AIRES Argentine President Mauricio Macri on Monday announced new taxes on exports in the world's third-biggest soy producer and steep cuts to spending in an "emergency" bid to balance next year's budget, as his center-right government aims to persuade the IMF to speed up a $50 billion loan program.
BUENOS AIRES As Argentina drafts plans to cut its budget deficit to convince nervous investors it can pay its debts, President Mauricio Macri is under increasing pressure to reverse one of his signature policies, cutting farm export taxes. | Video
BUENOS AIRES/NEW YORK Aug 31 Investors were
looking on Friday for hints of a fiscal package the Argentine
government said it would announce next week after dramatic drops
in the peso currency, while the opposition called for protests
as discontent with President Mauricio Macri grows.
BUENOS AIRES/NEW YORK Following seven straight days of declines in Argentina's peso, President Mauricio Macri decided to make a rare address to the nation on Wednesday to reassure markets that the South American country had no trouble paying its debts.
BUENOS AIRES - After Argentina’s economy boomed in 2017 and market-friendly President Mauricio Macri’s coalition triumphed at legislative elections last October, economists had rosy expectations for the South American country at the beginning of this year. But a run on the peso currency has shown Argentines and investors that the country’s history of financial volatility is far from over.
BUENOS AIRES As Venezuela's state-owned oil company PDVSA saw its finances devastated by low oil prices and mismanagement, it funnelled millions of dollars to Petrolera del Conosur , a loss-making Argentine gas station operator it controls.
BUENOS AIRES Argentine companies have launched the biggest wave of share buybacks in a decade, a Reuters review of securities filings shows. The firms say the buybacks show faith in their share prices, but some skeptical analysts see a hesitancy to invest that may signal the economy is sliding toward recession.
BUENOS AIRES, Aug 1 Argentine companies have
launched the biggest wave of share buybacks in a decade, a
Reuters review of securities filings shows. The firms say the
buybacks show faith in their share prices, but some skeptical
analysts see a hesitancy to invest that may signal the economy
is sliding toward recession.