Cassandra Garrison

Macri seeks boost from young voters with employer tax cut incentive

08 Oct 2019

BUENOS AIRES Argentine President Mauricio Macri announced a tax incentive proposal aimed at boosting employment among young people on Monday, in a bid to gain ground with a voter demographic that contributed to his poor showing in an August primary.

'Yes we can!' says Argentina's Macri as vote looms. Not likely, says everybody else

30 Sep 2019

BUENOS AIRES Argentina's embattled President Mauricio Macri took to the streets on Saturday with a defiant message: "Yes we can," he told crowds of supporters in Buenos Aires as he looks to launch an unlikely comeback ahead of general elections next month.

Political turmoil, price freeze cast shadow on Argentina's Vaca Muerta

16 Sep 2019

BUENOS AIRES In late August, amid a sharp plunge in the Argentine peso, global suppliers to oil giant YPF received an unwelcome surprise in their inbox. A four-page notice that dollar contracts would be paid at a set exchange rate, far weaker than the market rate.

Argentina opposition front-runner strikes populist tone in Madrid, markets hold steady

06 Sep 2019

BUENOS AIRES/MADRID Argentina's likely next president, opposition front-runner Alberto Fernandez, laid out his populist credentials during a visit to Madrid on Thursday, saying local Argentine interests would trump those of creditors and energy investors.

Venezuelans in Argentina get sense of deja vu as crisis builds

06 Sep 2019

BUENOS AIRES Andreina Pirrone left Venezuela for Argentina six years ago as her country was spiraling toward the worst humanitarian crisis in its history. She did not know what the future would hold, but she was certain it would be brighter. | Video

Wall Street traders pump up Argentine peso as currency controls hit home

04 Sep 2019

BUENOS AIRES Argentina's peso surged on Tuesday, pumped up by Wall Street traders cheering President Mauricio Macri's capital controls that are aimed at protecting the beleaguered currency. | Video

Argentina returns to currency controls as debt crisis spirals

02 Sep 2019

BUENOS AIRES Argentina's government authorized currency controls on Sunday in an about-face by President Mauricio Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner.

Argentina curbs banks' access to pesos amid growing market turmoil

31 Aug 2019

BUENOS AIRES Argentina's battered bonds and currency were driven still lower on Friday amid downgrades by three credit rating agencies and a new measure the central bank said was designed to "avoid any lack of money" and safeguard the liquidity of the country's financial system. | Video

S&P slashes Argentina's long-term debt three notches on maturity extension plan

30 Aug 2019

BUENOS AIRES Standard & Poors announced on Thursday that it was slashing Argentina's long-term credit rating another three notches into the deepest area of junk debt, saying the government's plan to "unilaterally" extend maturities had triggered a brief default.

World News