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Entries with Keyword martin guzman

-News over the weekend was dominated by the tragic death of businessman Jorge Brito in a helicopter accident in Cabra Corral, Salta Province. Brito was a massively influential banker in Argentina, owner of the largest private national bank (Macro), with …

Inflation and currency instability at the Central Bank have made Economy Minister Martín Guzmán accelerate his efforts to show a path of fiscal austerity, which he sees as an alternative to the disorderly devaluation that he wants to avoid.…

Busy days in almost any country’s politics are comparatively boring and uneventful when contrasted with Argentine standards.

Yesterday was no exception: the President almost caught COVID after grossly violating all of the protocols he insists the rest of us should …

Martín Guzmán has repeatedly said in his interviews and press conferences since swearing in as Alberto Fernández’s Economy minister that one of his main goals would be to “tranquilize” the economy.

After two years of constant runs against the peso …

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 …

Despite the little effect that the government’s constant economic tinkering is having on the run against the peso, President Alberto Fernández tried to convey a message against a massive devaluation this week, as the country’s highly-restricted official exchange rate continues …

Néstor Kirchner had a routine that he followed religiously during the years of his presidency. Every day he called the Central Bank to know how many US dollars were in its foreign currency reserves. After that, he called the Treasury …

The economic troubles of Alberto Fernández’s presidency are quickly becoming synonymous with those of the country’s Central Bank. Emergency measures to halt the slide of the peso are leading to other mounting problems, requiring ever-growing draconian restrictions that only manage …

The success of foreign debt renegotiation evaporated so fast that the government could barely bask in its glory. It is not a secret that markets, just like politics, are a business that deals in future expectations more than in the …

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 …