Argentina president says poverty to rise as economy slumps

By Scott Squires BUENOS AIRES, Aug 17 : More Argentines are likely living in poverty now compared with last year, President Mauricio Macri said on Friday, as the country’s economy slides toward recession following a currency crisis and a severe drought that harmed farm output. Argentina’s economy has taken a beating in 2018 after the […]

Argentina Senate rejects measure to legalize abortion

By Scott Squires BUENOS AIRES, Aug 9 : Argentine senators rejected a bill to legalize abortion after an impassioned debate ran into the early hours of Thursday, pushing back against a groundswell of support from a surging abortion rights movement. The Senate voted 38 to 31 against the proposed measure, which would have legalized a […]

Argentina to replace energy and production ministers

By Maximilian Heath BUENOS AIRES, June 17 : Argentina?s government said on Saturday that it would replace its energy and production ministers, just two days after the resignation of former Central Bank President Federico Sturzenegger. The shake-up follows several tumultuous weeks for the government of the center-right President Mauricio Macri, with extreme currency volatility leading […]

Argentines brace for crisis as nation again seeks IMF help

By Eliana Raszewski BUENOS AIRES, May 24 : Maria Florencia Humano opened a clothing store in 2016, convinced that Argentina’s long history of economic crises had ended under pro-business President Mauricio Macri. She will shutter it later this month, unable to make rent or loan payments. Soaring interest rates and a plunging currency have upended […]

Argentina seeks IMF stand-by credit to last through Macri’s term

By Luc Cohen and Maximiliano Rizzi BUENOS AIRES, May 10 : Argentina will request a “high access stand-by” financing arrangement from the International Monetary Fund (IMF) to calm volatile financial markets, in a move that could finance the country through next year, officials said on Wednesday. Treasury Minister Nicolas Dujovne met with IMF Western Hemisphere […]