The government will face inflation, heavy financial burdens, and the need for …
All Right Reserved. Buenos Aires Herald
By the author
Finance Secretary Quirno said that the Treasury will participate to ‘ensure liquidity’ and that the market ‘operates normally’
-
The government will be able to intervene in the financial market to avoid runs on the currency
-
Official sources said the recent devaluation was agreed with the IMF, but brought forward in light of the primary election results
-
2023 electionsDollar & PesoEconomicsPolitics
Government devalues currency 22% amid electoral tension
The Central Bank also increased the interest rate by 21 percentage points
-
According to analysts, the ruling could come in September
-
The decision grants the country access to a US$7.5 bn disbursement
-
BusinessEconomicsEnergy
YPF expropriation payout trial begins with disputed interest rates and dates
Depending on how the calculation is made, Argentina will be made to pay between US$16 billion and US$4.9 billion
-
The measures are implemented amid tough negotiations with the IMF.
-
The president of the entity grouping them called for a “stable macroeconomy” and a “strong currency”
-
In February 1977, most of the Deutsch family was kidnapped by the military. Carter’s personal dealings with Videla saved them from being killed.
-
The economist visited Argentina and talked to the Herald about the IMF, trade policy, and the global economic context