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Maximilian Heath

UPDATE 1-Argentina's 2019/20 soybean harvest forecast at 53.1 mln tonnes -grains exchange

30 Jan 2020

BUENOS AIRES, Jan 30 Argentina's soybean harvest for the 2019/20 season is forecast at 53.1 million tonnes, the Buenos Aires grains exchange said on Thursday, an improvement from a prediction it made towards the end of last year.

Exclusive: Argentine soy crusher Vicentin in takeover talks with firms including Glencore - sources

24 Jan 2020

BUENOS AIRES Argentina's top exporter of processed soy, Vicentin, is in talks over a potential takeover deal with firms including European grains giant Glencore to help resolve a debt crisis, according to two sources close to the negotiations.

Argentina's government sends debt bill to Congress to solve crisis

21 Jan 2020

BUENOS AIRES Argentina's new government is seeking to push through legislation to help solve a mounting debt crisis as the country struggles to make repayments to global creditors.

Argentina swaps $1.66 billion of Treasury bills to ease payment crunch

20 Jan 2020

BUENOS AIRES Argentina's economy ministry said on Monday it had exchanged Treasury bills with an original face value of 99.6 billion pesos ($1.66 billion) in a debt swap auction to help push back its repayment schedule amid a wider economic crisis.

Argentine government to float Congress bill to generate oil and gas investment

17 Jan 2020

BUENOS AIRES, Jan 16 Argentine President Alberto Fernandez will send a bill to Congress to attract investment for the production of conventional and unconventional hydrocarbons, a spokesman for the presidency told Reuters on Thursday.

Argentine cenbank cuts benchmark interest rate to 50% from 52%

17 Jan 2020

BUENOS AIRES, Jan 16 Argentina's central bank said late on Thursday it had cut its benchmark interest rate floor to 50% from 52%, the fourth such cut in just under two months as part of an effort to revive Latin America's No. 3 economy.

Bolivia exiled ex-president Morales calls on radio for armed militias

13 Jan 2020

BUENOS AIRES Bolivia´s exiled former president Evo Morales on Sunday defended a call he made for the formation of armed groups, a recording of which was leaked on public radio.

Argentina's Fernandez sets March 31 deadline to renegotiate debt, says has IMF backing

12 Jan 2020

BUENOS AIRES President Alberto Fernandez said he has set a March 31 deadline to renegotiate Argentina's rampant public debt and that a more "innovative" International Monetary Fund approves of the direction his government is taking.

Uruguay says Argentina will review 30% 'tourism tax' - media

12 Jan 2020

BUENOS AIRES Argentina's Tourism Minister has committed to reviewing a 30% "tourism tax" applied when travelers from the country pay for goods and services abroad in U.S. dollars, Uruguayan President Tabare Vazquez told local news portal Infobae.

Argentine cenbank cuts benchmark interest rate to 52% from 55%

10 Jan 2020

BUENOS AIRES, Jan 10 Argentina's central bank said late on Thursday it had cut its benchmark interest rate to 52% from 55%, the third such cut in less than a month and part of an effort to revive Latin America's No. 3 economy.

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