BUENOS AIRES Argentina's incoming central bank head, Miguel Angel Pesce, will need all his guile to navigate the country's myriad economic challenges: interest rates above 60%, drained foreign reserves, tough fiscal targets and roaring inflation.
BUENOS AIRES Argentina central bank chief Guido Sandleris resigned on Wednesday, an expected step as Latin America's third-largest economy transitions to Peronism next week under newly elected President Alberto Fernandez.
BUENOS AIRES Nicolas Videla, like millions of his fellow Argentines, buys U.S. dollars whenever he scrapes enough pesos together and keeps a close eye on the country's volatile foreign exchange rate, galloping inflation and murky political outlook.
BUENOS AIRES Argentina will finish 2019 at 55% annual inflation, the country's treasury minister said on Monday, capping off a tumultuous year for Latin America's No. 3 economy that also saw voters usher in a new leftist government.
BUENOS AIRES Alberto Fernández already has a full in-tray of economic woes to solve when he takes office in December. The country is grappling with recession, the peso is being caged by currency controls and a pile of debt repayments looms ominously on the horizon.
BUENOS AIRES Argentine President Mauricio Macri called on "angry" voters to get behind him ahead of presidential elections next week, as he looks to defy the odds and rein in Peronist challenger Alberto Fernandez, who beat him heavily in a primary vote in August.
SANTIAGO, Sept 15 Argentina's state-controlled
oil company YPF said a gas well caught fire at its vast shale
oil and gas formation of Vaca Muerta early on Sunday following a
gas leak on the previous day.
BUENOS AIRES/NEW YORK Argentina's stocks, which crashed last month to multi-year lows, are starting to lure in hardy investors tempted by bargain basement prices, even as the country teeters on the brink of default ahead of a general election next month.
BUENOS AIRES Argentina's inflation rate is expected at 53% in December 2019, but will fall back to 34% the following year, according to projections in the forthcoming 2020 budget, treasury officials said on Wednesday.
BUENOS AIRES Argentina's central bank late on Wednesday announced further currency controls in an effort to tame speculation and stem a spiraling debt crisis in Latin America's third largest economy.