What do you think about the Kirchner-Central Bank saga?
The recent decision of Cristina Fernández de Kirchner to pay US$6.6bn of the Argentine debt to the IMF with the currency reserve of the Central Bank has been strongly controversial. After countering...
View ArticleCongress-Kirchner-Central Bank Standoff
Photo by Pavel Ezrohi Central Bank of Argentina. The standoff continues between Argentine president Cristina Fernández de Kirchner, central bank president Martin Redrado and Congress over the removal...
View ArticleRunning on Empty: Argentine Biodiesel Industry’s Fight to Survive
As the door closes on its largest export market, the future of the Argentine biodiesel industry is uncertain, threatening to disrupt a major pillar of the country’s economy: the soybean chain. Last...
View ArticleNew Government Ministers Face the Press
Economy minister Axel Kicillof this morning. (photo: Télam) Two new cabinet ministers promised predictability and no “grand announcements” concerning the economy in their first press conferences after...
View ArticleArgentina News Roundup: 9th January 2014
Villa Gesell beach. Photo courtesy of Wikipedia Three dead after Lightening Strikes Summer Resort: Three people have been killed and more than a dozen injured after a bolt of lightening stuck at the...
View ArticleArgentina Begins Currency Swap with China
Chinese currency The Central Bank of Argentina (BCRA) received yesterday the equivalent of US$814m in Chinese yuan, as part of a currency swap agreed with the Asian country in July. The Chinese Central...
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