(Bloomberg) — Argentina’s President Javier Milei is considering issuing a perpetual bond to pay a $16 billion lawsuit award stemming from the nationalization of state-run energy company YPF. Most Read from Bloomberg Swinging between political jabs and policy intentions, Milei suggested that the government would issue the bond without a fixed maturity while charging Argentines […]
China has suspended a US$6.5 billion currency swap agreement with Argentina, and the freeze remains in effect until President Javier Milei demonstrates a clear intention to engage with Beijing, Argentine media have reported. News of the move comes just 10 days into the tenure of the new president, who campaigned on breaking ties with China, […]
In late 1992, Guns N’ Roses were heading towards the end of their Use Your Illusion tour. Having played more than 120 shows in North America, Europe and Japan, they flew to South America to round things off, with eight shows lined up in five countries: Venezuela, Colombia, Chile, Argentina in Brazil. It wouldn’t be […]
(Bloomberg) — Argentina’s central bank changed its benchmark tool for monetary policy Monday, replacing four-week notes with one-day transactions in a bid to lower borrowing costs. Most Read from Bloomberg The monetary authority will no longer auction its 28-day Leliq notes, which until now were used to determine its policy rate. Instead, the 1-day repo […]
(Reuters) – The death toll from a severe electrical storm that struck Argentina over the weekend has risen to 16 people in Argentina and the neighboring country of Uruguay. Uruguay’s meteorological agency said two people were killed as strong wind gusts swept in from the southeast early Sunday morning, according to a statement posted on […]
President-elect Javier Milei takes questions from the press after his victory in the presidential runoff election, in Buenos Aires, Argentina, Nov. 19, 2023. Natacha Pisarenko/AP hide caption toggle caption Natacha Pisarenko/AP President-elect Javier Milei takes questions from the press after his victory in the presidential runoff election, in Buenos Aires, Argentina, Nov. 19, 2023. Natacha […]
Shortly before taking office as president of Argentina on Sunday, Javier Milei decided to squeeze in what he called a spiritual journey, flying to New York City to visit the tomb of influential Hasidic Jewish leader Menachem Mendel Schneerson, known simply to his followers as the Rebbe. Wearing a black kippa and trailed by journalists, […]
By comparison, the U.S. has had to contend most recently with a rate of 3.2 percent in October, and there is some economic consensus that the worst is over. But polls suggest the political damage has already been done. A majority of Americans rate the economy as poor; three in four voters think the economy […]
By comparison, the U.S. has had to contend most recently with a rate of 3.2 percent in October, and there is some economic consensus that the worst is over. But polls suggest the political damage has already been done. A majority of Americans rate the economy as poor; three in four voters think the economy […]