The credit could reach US$7 billion and would cover maturities estimated to be around US$4.2 billion

Argentina’s statistical institute said the modest rise in activity announced on Tuesday reflected a technical modification and strong performance in the finance sector

The economy defied predictions to eke out growth in the third quarter, INDEC figures show

Local manufacturers say they’re liquidating inventory to cover day-to-day expenses as imports of finished goods hit record highs

In an effort to boost sales, the national government cut nearly 1,000 sector regulations, but not everyone is on board

A Wall Street Journal report said banks are now discussing a US$5 billion short-term loan instead. Minister Luis Caputo denied ever discussing a bailout with banks and said the news is meant to ‘spread confusion’

With country risk down, analysts calculate the sector has the potential to hit US$5 billion in corporate bonds before the end of the year

The joint statement, published initially by the White House, states that the two will ‘open their markets to each other on key products’

Speaking at an event, Economy Minister Luis Caputo seemingly agreed with the bid, pledging to accumulate more reserves ‘than anyone might think’