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Argentina

Fri, 12 Feb 2021 09:49:00 GMT
January inflation in Argentina, 4%, questioning government 2021 targets
Argentina's Consumer Price Index, CPI rose in January for the second month running 4%, questioning the government's target of 30% inflation in 2021. In effect twelve-month inflation reached 38,5% in January, following on the 4%...

Fri, 12 Feb 2021 09:32:00 GMT
Argentina's Patagonia bank teams with Swiss UBS and Banco do Brasil to have a global platform
UBS BB Investment Bank, a joint venture between UBS Group AG and Banco do Brasil SA for South America, reached a collaboration agreement with Argentina’s Banco Patagonia SA.

Thu, 11 Feb 2021 09:45:00 GMT
Argentina's goal of an IMF agreement by May, “is an ambitious timeline”
Argentina is planning to reach an agreement with the International Monetary Fund (IMF) on a new restructuring program by May, an ambitious timeline according to the IMF’s Western Hemisphere Director Alejandro Werner.

Thu, 11 Feb 2021 08:18:00 GMT
FAO anticipates a sharp decline in global cereal stocks
FAO's Cereals Supply and Demand Brief point to record wheat and rice production in 2020 and looking ahead to 2021 cereal output, early prospects indicate a likely modest increase for winter wheat crops in the northern hemispher...

Tue, 09 Feb 2021 09:43:00 GMT
Fernandez expects IMF to grant Argentina more flexible repayment terms
President Alberto Fernández believes the International Monetary Fund (IMF) should grant Argentina more “flexible” terms on the repayment terms of the debt and warned that increasing inflation could lead his government to a...

Tue, 09 Feb 2021 09:20:00 GMT
YPF closer to restructuring its debt, expecting to concentrate in boosting shale deposits in Patagonia
Argentina’s state-managed oil giant expects to avoid a costly default next month after it won support for a debt swap from a large creditor group. The so-called Ad Hoc Bondholder Group, which holds 45% of YPF’s 2021 notes, ...

Tue, 09 Feb 2021 08:43:00 GMT
Argentine oilseed crushers say they reached a deal to hold down domestic edible oil prices
Despite confusing news from Argentina following president Alberto Fernandez's announcement that he is prepared to reimpose levies on grains and oilseeds exports if food prices keep increasing, oilseed crushers said they had rea...

Sat, 06 Feb 2021 08:47:00 GMT
IMF chief Georgieva tells Argentina, “it takes two to tango”
The chief of the International Monetary Fund (IMF), Kristalina Georgieva said on Friday that the fund is working towards reaching an agreement on a new loan deal with Argentina and the next round of meetings will focus on the d...

Fri, 05 Feb 2021 12:57:00 GMT
Argentine farmers on alert: government does not rule out more taxes on food exports
Despite a recent accord with the government regarding corn exports, Argentine farmers are again on alert following statements from officials who did not rule out the possibility of increasing taxes on food exports as part of it...

Fri, 05 Feb 2021 12:39:00 GMT
Argentine oil and gas activity picking up in Vaca Muerta shale deposits
Fracking activity in Vaca Muerta, Argentina shot up in January to its highest level in 17 months, according to the Argentine unit of Houston-based services company NCS Multistage.



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