Argentina
Argentine economy minister to meet US' O'Neill
ARGENTINA - Argentine Economy Minister Jorge Remes Lenicov, seeking IMF aid to help stabilize a brutal recession, will meet with U.S. Treasury Secretary Paul O'Neill during an upcoming trip to Washington, Argentine officials said late on Tuesday.
IMF pledge to help Argentina with economic reforms
ARGENTINA - The International Monetary Fund (IMF) said Wednesday that it was "firmly determined to help" Argentina, but conditioned an eventual financial bailout to President Eduardo Duhalde's progress in the execution of extensive economic reforms.
Argentina's former economy minister charged
ARGENTINA - Domingo Cavallo, Argentine economy minister till the country's debt crisis toppled four governments in a row in December, has been formally charged with arms smuggling.
Steep rise in Argentine inflation expected
ARGENTINA - Prices will rise 45 percent this year in Argentina, Deputy Economy Minister Jorge Todesca said in an interview published in Pagina 12 newspaper on Sunday.
Argentine c bank says banks can release funds Jan
ARGENTINA - The Argentine Central Bank said on Friday it would allow commercial banks next January to release deposits which have been frozen in their vaults since late last year to the fury of depositors.
Good news for c bank but weaknesses continue
FEATURE - The Central Bank had quite a good day on 3 April, managing to hold the dollar down to 2.8 pesos but also increasing its reserves by 4m dollars.
Current crisis is nothing new to Argentina
LETTER - Letter from Professor Steve Hanke published in the US edition of the Financial Times, 4 April.
McDonough - Argentina must find its own solutions
ARGENTINA - The solutions to Argentina's current economic crisis must be found mostly by the country's own leaders, rather than through bailouts from outside the troubled nation, Federal Reserve Bank of New York President William McDonough said Tuesday.
Argentine ex-minister arrested
ARGENTINA - The former Argentine economy minister, Domingo Cavallo, has been arrested in connection with illegal arms sales to Croatia and Ecuador in the 1990s.
Argentina pleads for new aid
ARGENTINA - A delegation from the International Monetary Fund (IMF) has arrived in Argentina to weigh up whether to grant the stricken country fresh aid.
Aid returns to Argentina
ARGENTINA - Argentina has received its first financial assistance since its economy went into a nosedive last year.
Argentina's ex c bank chief charged with fraud
ARGENTINA - Former Economy Minister Roque Fernandez has been indicted for fraud against the public administration and his assets exceeding 70m pesos have been frozen over his alleged liability in the liquidation of the Banco Feigin, court sources have…
Argentina sets new forex controls to prop up peso
ARGENTINA - Argentina's Central Bank on Monday introduced measures to tighten controls on the foreign exchange market in an effort to stop record falls in the peso that had threatened to throw the government's economic policy into turmoil.
Argentine peso falls as c bank gears to sell debt
ARGENTINA - Argentina's peso (ARS) opened weaker Friday as the central bank began selling money-market instruments in pesos and dollars to curb the currency's fall.
Argentina props up ailing peso
ARGENTINA - Argentina's Central Bank is thought to have intervened in the currency markets to support the ailing peso.
Argentine c bank bars 21 institutions from forex
ARGENTINA - Argentina's Central Bank on Monday suspended 21 financial institutions from foreign exchange trading after they failed to meet new capital regulations aimed at propping up a weakening peso currency.
Argentina's Duhalde - Working to lift bk limits
ARGENTINA - Argentina is working to lift banking restrictions in the next three months, President Eduardo Duhalde said in a press conference Monday.
Argentina seeks to clear way for IMF deal
ARGENTINA - Argentina's Senate yesterday debated the country's 2002 budget a day ahead of schedule as part of efforts to unlock a big support package from the International Monetary Fund.
Argentina acts to ease economic crisis
ARGENTINA - The Argentine Government has announced a series of measures it says will strengthen social spending and launch a new economic cycle.
Argentine deal set to speed budget approval
ARGENTINA - Argentina's Congress was finally due to start discussing this year's budget yesterday, after the government reached a funding agreement with provincial governors on Wednesday night. That deal should mean rapid approval of the budget and could…
Argentina debates crisis budget
ARGENTINA - Argentine leaders are on Thursday expected to debate an austerity budget aimed at finding a way out of the country's economic crisis.
Argentina's Todesca - Ctrl bank has issued ARS350M
ARGENTINA - Argentina's central bank has already printed 350 million pesos of the 3.5 billion ($1=ARS2.025) it said it will print this year, Deputy Economy Minister Jorge Todesca told local media over the weekend.
Argentina's Galicia aims for debt accord this week
ARGENTINA - Argentina's largest private bank, Banco Galicia , expects this week to find a foreign partner to reduce its $1.5 billion debt as financial crisis hits the embattled sector, a company executive said on Monday.
IMF urged to help Argentina
ARGENTINA - The South American trade bloc, Mercosur, has appealed to international lenders to do more to help Argentina as it draws up a plan to rescue the economy.