Economy in Argentina

  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.

  • Moody's bets are on Macri: upgrades Argentina's debt rating to 'stable' from 'negative'

    ARGENTINA, 2015/11/09 “The outlook change is based on Moody's view that shifts in the political climate are reducing the risk of investors suffering better than expected losses once a new government assumes power on 10 December 2015,” the agency said in a statement. The outlook change is based on shifts in the political climate, reducing the risk of investors suffering better than expected losses with a new government. Following the initial round of presidential elections in Argentina on Oct. 25, which the ruling party won by a lower-than-expected margin, credit rating agency Moody's Investors Service upgraded on Monday the country's deficit rating to “stable” from “negative.” Moody's maintained Argentina's rating at Caa1, and that of foreign legislation and restructured local legislation foreign currency obligations at (P)Caa2. According to Moody's, the election results suggest “popular support for policy change post-election is better than before thought,” a factor, which would reduce the “risk of better than expected losses to investors in the next 12 to 18 months.”

  • Revised IMF forecasts signal gloom on global economic outlook

    AFGHANISTAN, 2015/01/20 Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday. In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.

  • Paraguay are flooding across the border into Argentina

    ARGENTINA, 2013/05/01  Latin Americans are not the type to pass on a bargain, particularly if it’s being offered by a neighbor. This is why Paraguay has been mercilessly milking amount it can from the depreciation of the Argentine peso. This can be seen in the exchange rate between the two currencies – but as well in the cross-border shopping trips that Paraguayans have been massively indulging in.

  • Argentina Current Economic Situation 2012-09-16

    ARGENTINA, 2012/09/16

  • Argentina can be window for Azerbaijani business in South America 2012-7-5

    ARGENTINA, 2012/07/06 Argentina may be a window for starting up commercial enterprise by Azerbaijani businessmen in the region of South America, Azerbaijani Economic Development Minister, Shahin Mustafayev said during the Azerbaijan-Argentine business forum in Baku on Tuesday. He said there is no broad regulatory framework for full economic development between the two countries yet.

  • Multilatinas Extend Reach Into Developed Markets 2011-06-23

    ARGENTINA, 2011/06/23 According to a May statement by the United Nations Economic Commission on Latin America and the Caribbean (ECLAC), outgoing FDI from the region quadrupled to $43.1 billion, highlighting the growing strength and world presence of Latin America–based multinational companies, known as “Multilatinas.”

  • Argentina Economic Analysis 2010

    ARGENTINA, 2011/01/22 Analyse 
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