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Cassandra Garrison

Argentina's 'Achilles heel' of dollar debt could lead to downgrade: Fitch's McCormack

1:56am IST

BUENOS AIRES Argentina could be downgraded again by Fitch Ratings if further weakness in the peso boosts the risk of default, the agency's head of sovereign ratings said in an interview on Tuesday.

Not your father's Peronists: Why Macri flopped with young Argentines

20 Aug 2019

BUENOS AIRES For Luis Joaquin Caro, who was about 2 years old when Argentina last defaulted on its debt in 2001, casting his vote for left-leaning Peronist candidate Alberto Fernandez in the country's recent primary election was a no-brainer. | Video

Where's Cristina? Argentina's fiery ex-president stands back as left scents victory

17 Aug 2019

BUENOS AIRES When opposition presidential candidate Alberto Fernandez addressed a crowd of supporters after his landslide victory in Argentina's primary election, there was one notable absence from the stage: former president Cristina Fernandez de Kirchner.

Where's Cristina? Argentina's fiery ex-president stands back as left scents victory

17 Aug 2019

BUENOS AIRES When opposition presidential candidate Alberto Fernandez addressed a crowd of supporters after his landslide victory in Argentina's primary election, there was one notable absence from the stage: former president Cristina Fernandez de Kirchner.

Argentina's Macri shelves sales taxes as he seeks to cut left's lead

16 Aug 2019

BUENOS AIRES Argentine President Mauricio Macri, smarting from a bruising primary election loss, announced on Thursday an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis.

As election looms, Argentina's Macri announces relief measures after years of spending cuts

15 Aug 2019

BUENOS AIRES Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the pain of an economic crisis months before elections, but his announcement failed to halt the peso currency's collapse. | Video

Argentine markets gripped for second day by election-related fears

14 Aug 2019

BUENOS AIRES Argentina's peso closed weaker again on Tuesday following a second day of market turmoil triggered by opposition candidate Alberto Fernandez's landslide victory in a primary election that dealt a severe blow to President Mauricio Macri's re-election chances.

UPDATE 2-Peso plunges further, bonds down again on fears Argentina could return to populism

13 Aug 2019

BUENOS AIRES, Aug 13 Argentina's peso and dollar-denominated bonds dropped again on Tuesday as market turmoil spilled into a second day following opposition candidate Alberto Fernandez's landslide victory in a primary election that dealt a severe blow to President Mauricio Macri's re-election chances.

Macri vows to win second term after Argentine peso crashes on primary results

13 Aug 2019

BUENOS AIRES Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling. | Video

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