Economics Explained
The Faltering Economy of Argentina | Economics Explained
This is Argentina, a South American nation which has been home to an unprecedented period of sustained growth quintupling in size in the last decade. This nation has seen remarkable resilience through financial crises and even though it...
Bloomberg
Milei on Argentina's Debt and Central Bank (Spanish)
Argentina's leading presidential candidate Javier Milei talks with Bloomberg about dollarization and his pledge to close the nation's central bank ahead of the election. This interview is in Spanish.
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Bloomberg
Argentina's Milei on Dollarization, Central Bank
Argentina's leading presidential candidate Javier Milei pledges to close the nation's central bank while saying he would make every effort to avoid a default on the country's sovereign debt if he wins the October vote. Milei speaks with...
Bloomberg
Argentina Awaits Results After Voting in Key Primary Election
Argentinians have cast ballots for a crucial primary election that will provide a barometer of expectations for the general vote in October. The elections are taking place as the South American nation faces high inflation and a likely...
Bloomberg
Argentina Trying to Foster Lithium, Copper Investments
Fernanda Avila, Argentina's secretary of mining, discusses the government's efforts to develop its deposits of commodities that are critical for the economy's clean-energy transition, and lure investments to the industry. She speaks on...
Bloomberg
Argentina Aims to Restructure Debt
Aug.29 -- Argentina is pushing creditors for more time to pay back its debts. The country is hemmed into a worsening crisis. President Macri laid out a series of desperate measures to try and lighten the country’s debt load. They will...
Bloomberg
Argentina Debt Deal May Happen Within a Month, Gramercy's Koenigsberger Says
Apr.13 -- Argentina may complete a restructuring deal with creditors within a month, Robert Koenigsberger, chief investment officer at Gramercy Funds Management, says during an interview with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
Bloomberg
Argentina to Work With 1% Bond Holdouts: Economy Minister
Sep.04 -- Argentina is not looking to return to the global markets for a while, Economy Minister Martin Guzman says. He speaks with Bloomberg's Alix Steel and Guy Johnson on "Bloomberg Markets: European Close."
Bloomberg
Why Citibank Is Challenging Order on Argentine Bonds
Sept. 18 -- Citibank N.A. is set to tell an appeals court it faces grave sanctions from Argentina unless it defies a U.S. judges order blocking it from making payments to holders of $8.4 billion of the countrys bonds. Katia Porzecanski...
Bloomberg
Macri Says There's Zero Chance Argentina Defaults Again
Sep.24 -- Argentina President Mauricio Macri discusses the nation's economy and explains why there is no chance of a default and no need to implement currency controls. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Markets."
Bloomberg
Macri Says Argentina, IMF Close on New Funding Agreement
Sep.24 -- Argentina President Mauricio Macri discusses a new agreement with the International Monetary Fund, focusing on pro-market policies to solve issues, and the state of the nation's economy. He speaks with Bloomberg's Erik...
Bloomberg
Fernandez Wins in Argentina: What Comes Next for Business, Markets?
Oct.28 -- Jose Penafiel, president and chief executive officer at Centaurus Energy, and Oscar Descotelli, chief executive officer at DXA Investments, discuss how Argentina’s election of Alberto Fernandez as President may impact the...
Bloomberg
Citibank to Seek Stay of Argentina Ruling, Lawyer Says
Sept. 22 -- Bloomberg's Mark Crumpton reports on the latest news headlines out of Latin America on Bottom Line. (Source: Bloomberg)
Bloomberg
Argentina Planning $1 Billion Dollar-Linked Bond Offer
Oct. 20 -- Bloomberg's Mark Crumpton reports on the latest news headlines out of Latin America on Bottom Line. (Source: Bloomberg)
Bloomberg
Argentina Default Risk Rising, Not Inevitable: UBS's Baweja
Aug.16 -- Bhanu Baweja, deputy head of global macro strategy at UBS, discusses the possibility of a debt default by Argentina on "Bloomberg Markets: European Close."
Bloomberg
Argentina Found in Contempt of Court by NY Judge
Sept. 29 -- Argentina has been found in contempt of court by a U.S. judge in New York overseeing a dispute between the South American country and bondholders. The judge said he would decide on a penalty later. JMP Securities' Mark...
Bloomberg
Expiration of Clause Paves Way for Argentina Settlement
Jan. 2 -- The Rights Upon Future Offers, or RUFO, clause on restructured bonds expired midnight on Dec. 31, potentially paving the way for negotiations between Argentina and holdout creditors. Bloomberg's Katia Porzecanski has more on...
Bloomberg
Argentina's Peso Crisis Goes From Bad to Worse
Aug.30 -- Argentina's currency has gone from bad to worse, but now it's gone from worse to devastating. The peso crisis has deepened again as an unprecedented 15-percentage point hike in the key interest rate actually failed to stop...
Bloomberg
Can’t See a Situation Where I Would Buy Argentine Peso, Says Oanda’s Halley
Oct.28 -- Jeffrey Halley, Asia-Pacific senior market analyst at Oanda, discusses the election in Argentina, their move to tighten currency controls and his outlook for the peso. He speaks on “Bloomberg Markets: Asia.”
Bloomberg
Argentina's Fernandez Faces Dire Economic Situation, BlackRock Says
Oct.28 -- Axel Christensen, chief investment strategist for Latin America at BlackRock, examines how Argentina’s election of Alberto Fernandez as President may impact the nation’s economy and markets. He speaks on "Bloomberg Surveillance."
Bloomberg
Argentina's Debt Challenge Just Got More Complicated
Sept. 30 -- Argentina deposited $161 million in a local bank for bond payments, seeking to get around a U.S. court ruling that bans the country from servicing its overseas debt. Katia Porzecanski reports on ""Bottom Line."" (Source:...
Bloomberg
Argentina GDP Reignites Data Skepticism
Sept. 25 -- Argentinas gross domestic product was unchanged in the second quarter from a year earlier, the government said yesterday, reviving doubts over the veracity of the data after JPMorgan Chase estimated a 1.7 percent contraction....
Bloomberg
Macri: Brexit Could Make Argentina More Attractive
July 7 -- Argentine President Mauricio Macri comments on the prospects for the Argentine economy at the Allen & Co. Sun Valley Conference in Sun Valley, Idaho on "Bloomberg Markets."
Bloomberg
Macri Moves to Fix Financial Crisis
Sep.03 -- Argentina is planning to tax exporters with the hope of fixing its worsening financial crisis and balancing the budget. President Macri hopes whip finances into shape by 2019, a year earlier than planned. Bloomberg's Carolina...