Argentina
Argentina names new central bank chief
Argentine President Eduardo Duhalde has selected economist Alfonso Prat Gay, a former adviser to the US bank JP Morgan, to head the country's central bank, according to the presidential chief of staff.
Argentine government eases banking freeze
President Eduardo Duhalde eased a 1-year-old partial banking freeze on Monday, allowing Argentines unfettered access to their checking and savings accounts.
Argentina claws its way back from the abyss
ARTICLE - In an interesting article former governor of the Central Bank of Argentina, Mario Blejer, looks at Argentina's recent progress in economic stability and looks at the future for the South American nation.
IMF Issues Press Statement on Argentina
PRESS RELEASE - Ms. Anne Krueger, First Deputy Managing Director of the International Monetary Fund (IMF), underlined outstanding problems to be resolved between the Fund and Argentina in a statement on 14 November.
Argentina defaults on World Bank loan
ARGENTINA - The Argentine government on Thursday took the extraordinary step of defaulting on a loan repayment to the World Bank, in a sign of its intense frustration over negotiations with the bank's sister institution, the International Monetary Fund.
Argentina and IMF at odds over payment
ARGENTINA - Argentina and the International Monetary Fund remain some distance apart in negotiations over an agreement that would make it easier to make a $805m debt payment due to the World Bank next week.
Argentine markets edge up, but worried about IMF
ARGENTINA - Argentine stocks inched higher, while the peso firmed slightly on Tuesday as the Central Bank sold dollars into the market to offset investor nervousness about a stalemate in aid talks with the IMF.
IADB chief praises Argentine crisis strategy
ARGENTINA - Inter-American Development Bank (IADB) President Enrique Iglesias on Tuesday praised Argentina's strategy to try and end its worst ever economic crisis, even though it has caused a standoff between the government and the IMF.
Argentina: World Bank extends loan deadline
ARGENTINA - World Bank President James Wolfensohn said the due date for a debt payment to the World Bank has been pushed back to 14 Nov from 9 Nov, Argentine Economy Minister Roberto Lavagna said in a Sunday newspaper interview.
Review of Argentina and the Fund: from triumph to tragedy
While Michael Mussa honestly recognises Fund failings, Benedict Mander finds his suggested tweaks for the system disappointingly conservative.
Argentina: IMF deal mooted for Friday
ARGENTINA - A deal between Argentina and the IMF rescheduling US$14bn falling due to the multilateral agencies between now and the end of next year could be announced as soon as Friday of this week, according to a number of sources in Buenos Aires.
Argentina races to get IMF deal before new default
ARGENTINA - Argentine officials arrived in Washington on Monday to try to break the latest impasse in aid talks with the IMF as a potentially disastrous new debt default loomed less than two weeks away.
Blejer set for Bank of England role
UK - Mario Blejer, former governor of Argentina's central bank, is heading for a calmer climate and will take up the post of director at the Bank of England's Centre for Central Banking Studies.
Argentina threatens loan default
ARGENTINA - Argentina has raised the pressure on international lenders to agree a new cash lifeline, threatening default if extra money is not forthcoming.
Court rejects Argentine bank deposit moves
ARGENTINA - Argentina's Appeals Court handed the government another setback Friday, declaring a January decision to convert bank deposits from dollars to pesos unconstitutional, it is reported.
IMF confirms delay of Argentina loan payment
US - The International Monetary Fund on Thursday delayed for one year a $2.8 billion Argentina loan payment, saying the situation there remains "very difficult" and repeating what policies are needed before aid can be restarted.
Argentina - IMF send draft intent letter next week
ARGENTINA - The IMF is to send Argentina a draft letter of intent next week to agree terms for aid to the recession-wracked nation , Cabinet Chief Alfredo Atanasof said on Thursday just as aid hopes had appeared to fade.
Argentine central bank criticises economy ministry
ARGENTINA - Argentina's central bank has criticised the economy ministry for submitting a written request with the country's largest state-owned banks last week to restructure their operations, local press reported.
Gov't lifts demand deposit freeze - Argentina
ARGENTINA - Argentina's government will begin to lift the freeze on demand deposits to facilitate transactions in the depressed economy, local broadsheet La Nacion reported.
Lavagna keen on replacing central bank chief
ARGENTINA - Argentina's economy minister Roberto Lavagna has not given up his hopes of replacing central bank chairman Aldo Pignanelli with a trusted lieutenant, local daily newspaper Clarin reported on Tuesday.
Argentina unveils rules to encourage bank deposits
ARGENTINA - Argentina's central bank announced on Monday new rules meant to encourage people holding cash outside banks, for instance at home, to deposit it in the nation's beleaguered banking system.
Report suggests Argentina's Pignanelli may stay on
ARGENTINA - Argentina's central bank chairman Aldo Pignanelli has decided not to resign despite his strong differences with Economy minister Roberto Lavagna, Argentine daily Clarin reported, quoting spokespersons from the central bank.
Reports Krueger unhappy with Argentina plan untrue
US - The International Monetary Fund said on Monday a report in a Brazilian newspaper saying a top IMF official is unhappy with economic plans Argentina sent to the fund on Friday is "absolutely" untrue reports Reuters.
Economic Review from the Atlanta Fed Bank
PUBLICATION - Global Banks, Local Crises: Bad News from Argentina by Marco Del Negro and Stephen Kay, published in the Economic Review, Federal Reserve Bank of Atlanta, Third Quarter 2002, Vol 87, No 3.