Demian Reidel resigned a week after two managers appointed by him quit. …
Facundo Iglesia
Facundo Iglesia is an economics, finance and technology reporter for the Buenos Aires Herald. His work has appeared in The Guardian, Wired, Le Monde Diplomatique, Rest of World, Perfil, among many others. In 2021, he won the ESET Latin American Award for Journalism on Computer Security.
The foreign ministry also confirmed that Roberto Baldo, a national citizen detained in Venezuela, had been released
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A new crawling peg, exchange restrictions and bonds were discussed following the government’s record devaluation on Tuesday
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Economy Minister Luis Caputo announced a series of measures and warned that inflation is going up in the coming months
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The rate at Argentina’s state-owned bank is AR$400.5 per U.S. dollar, a 6% devaluation compared to the rate of the Central Bank
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Bausili served as finance secretary during the Macri administration
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Rodolfo Barra was previously a key man in Carlos Menem’s administration in the 1990s
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Dollar & PesoEconomics
Central Bank slashes financial instrument after devaluation safeguarding spiral
The LEDIV bond, touted by some as a shield against devaluation, was slashed after its total stock soared to US$6 billion
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U.S. Judge Loretta Preska had ordered Argentina to pledge its shares in the oil company to postpone a December 5 deadline, which it has requested be changed to January 10
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In the meeting, he downplayed the possibility of dollarization, a key point of the president-elect’s economic plan
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Two weeks before the inauguration, several high-profile names close to former president Macri have been floated but not confirmed for Milei’s cabinet
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EconomicsJudiciary
YPF expropriation: Argentina won’t have to pay US$16-billion during appeal process
Judge Preska said Argentina should pledge ‘alternative assets’ — its equity interest in YPF and Paraguay’s payment for the Yacyretá dam