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Entries with Keyword debt

The government made two massive announcements yesterday evening, and although the topics have little to do with each other at first sight, it’s hard to think that the timing was a coincidence.

-On the one hand, Economy Minister Martín Guzmán …

Taking on US dollar denominated debt in Argentina can always lead to big risks, especially when the peso is strong and the market looks happy to lend. But both the Argentine state and Argentine companies have continued to do …

Putting an end to its ninth sovereign debt default, Argentina successfully restructured almost all of its USD 65 billion debt with private foreign creditors, as the Economy Ministry revealed that 93 percent of them accepted the government’s offer. That figure …

Argentina finally secured an agreement with some of the world’s biggest asset managers to restructure the New York-based tranche of its defaulted debt, totaling USD 65 billion, with Economy Minister Martín Guzmán and Blackrock, Ashmore, Fidelity and other giants simultaneously …

We at The Essential have decided to drop our paywall so everyone can access all of our content related to the coronavirus pandemic. To help keep our relevant reporting and coverage free, we have dramatically cut the cost of our

Stay calm, everyone. Yesterday, Minister of the Treasury Nicolás Dujovne confirmed to international news agencies that Argentina would receive a US $3 billion payout from the International Monetary Fund (IMF) in September. He also acknowledged that Argentina’s GDP will have …

With search for economic stability underway after a particularly hard month, Cabinet Chief Marcos Peña is engaged in talks with China regarding the possibility of renewing a currency swap program left over from the previous administration.

In an interview with …

The Museum of External Debt is located in a brightly lit, glass-walled room off a busy hallway in the UBA Faculty of Economics. The physical space seems fitting for the museum, as it seeks shine light on a complex and …

Southern Tides

Seven massive boats filled with liquefied natural gas (LNG) that recently arrived in or near Argentine ports remain in limbo. This is important.

According the Argentina’s planning ministry, it has been too difficult for all of the boats …

BIG PICTURE

So unless you live under a rock like my colleague Adam up until recently, you know that there is never a dull moment in Argentina’s economy. Or political system. Why even separate the two? I’m not saying that …