Argentina
Is Trump’s US$20 billion bailout for Argentina a strategic lifeline or political favouritism?
This intervention represents one of the most substantial bilateral economic assistance packages of his second term
EU and South America strike trade deal, but faces pushback in Europe
THE European Union and South America’s Mercosur bloc struck an agreement on a long-delayed free trade deal on Friday (Dec 6), which now, however, faces a tortuous battle for approval in Europe, where ...
EU chief in last-gasp push to close South America trade deal
EUROPEAN Commission President Ursula von der Leyen said on Thursday that a controversial free-trade deal between the EU and South America’s Mercosur bloc was “in sight” but her hopes of sealing the pa...
With buyers wary, Argentina’s zombie mortgage market has a long road to revival
IN ARGENTINA, real estate agents have one key piece of advice for potential home buyers: bring cash, big bags of it.
As Argentine inflation cools to single digits, residents are still skeptical
ARGENTINES say they are yet to feel the benefits of cooling inflation, as a five-month streak of slowing prices ended when official data on Friday showed inflation in June was higher than in May.
IMF staff, Argentina reach agreement on latest review of US$44 billion programme
STAFF of the International Monetary Fund (IMF) and Argentine authorities have reached an agreement on the eighth review of the country’s US$44 billion extended fund facility arrangement, the Washingto...
Argentina’s inflation paradoxes
Can President Javier Milei’s administration sustain its initial economic policy successes?
Inflation-hit Argentina has a new top banknote, worth just US$10
ARGENTINA has a new largest banknote, the 10,000 peso (S$15.36), which is five times the size of the previous top bill though still only worth around US$10 as the South American country grapples with ...
HSBC to book US$1 billion pre-tax loss from sale of Argentina business
HSBC Holdings said on Tuesday (Apr 9) it will sell its Argentina business and record a US$1 billion pre-tax loss from the divestment in the first quarter of fiscal 2024 as the lender moves to sharpen ...
