Argentina

Argentina's president calls for unity

ARGENTINA - Argentina's President, Eduardo Duhalde, has called for an "historic national dialogue" to take the country out of the worst economic crisis of its history.

IMF Press Briefing on Argentina

PRESS BRIEFING - Transcript of a Press Briefing (Teleconference) on Argentina given by Anne O. Krueger, First Deputy Managing Director, International Monetary Fund, Washington, D.C. 11 January 2002.

Argentina lashes out at IMF

ARGENTINA - The interim government in Argentina has criticised the International Monetary Fund and asked it to let them get on with trying to dig the country out of its economic crisis.

Argentina's peso trades again

ARGENTINA - After three weeks which have seen Argentina default on its debts, four presidents come and go, and rioting spread in the streets, the country's currency markets are again open for business.

Argentina postpones currency trading

ARGENTINA - Argentina's central bank has suspended the country's foreign exchange markets until Thursday, claiming it needs more time to work out currency trading rules following the abolition of the one-to-one peso-dollar link last weekend.

Argentina's woes are not solved

ARTICLE - The new Argentine government of President Eduardo Duhalde has started decisively. It took little time to devalue the peso and sketch out a new economic strategy. But the policy remains full of holes. Rather than follow the successful recent…

IMF begins mission to Argentina

ARGENTINA - An International Monetary Fund (IMF) mission is in Argentina to gather information about the debt-ridden country's new economic policies.

Cautious reaction to peso devaluation

ARGENTINA - The Argentine people have reacted cautiously to their new government's decision to devalue the peso and end 10 years of parity with the US dollar in a dramatic bid to save the collapsing economy.

Argentina's route to salvation

ARGENTINA - A competitive exchange rate, a more open economy and sound banks should be the priorities, says Ricardo Haussmann professor of economic development at Harvard in Todays's Financial Times.

How to Dollarize in Argentina

‘How to Dollarize in Argentina’ by Kurt Schuler and Steve H Hanke. As the policies of the Argentine government are at a dead end and the peso is widely distrusted, Schuler and Hanke present their proposals for dollarization.

Argentina to unveil new economic plan on Friday

ARGENTINA - Congressman Jorge Remes Lenicov will be sworn in Thursday as Argentina's new economy minister and on Friday he will unveil a new series of economic measures, Buenos Aires Governor Carlos Ruckauf confirmed in an interview.

President hints at end of peso peg

ARGENTINA - Argentina has its fifth president in less than two weeks, veteran politician Mr Eduardo Duhalde immediately reaffirmed the moratorium on paying the country's US$132 billion ($258.9 billion) in public debt until its shattered economy resumes…

Hanke's View on Argentina

In a paper published earlier this month by Cato in their foreign policy series Professor Steve Hanke outlines his views on solutions for the crisis in Argentina. In 1991 Professor Hanke advised the then Argentine government on the establishment of the…

Argentine president asks IMF for 'patience'

Argentine president Rodriguez Saa asked the IMF for 'patience' in dealing with the country's default as the central bank takes steps to alleviate debt repayment problems within the country. However, Argentine citizens seem to be expecting devaluation.

Argentina: largest default in history

ARGENTINA - On Sunday Argentina announced the largest sovereign debt default in history, declaring it would stop paying its $155bn public debt. The new government headed by president, Adolfo Rodriguez Saa, said the country would resist pressure to…

IMF 'blamed' for Argentine crisis

ARGENTINA - The IMF was "instrumental" in engineering Argentina's financial collapse because of irresponsible lending which "exacerbated" its foreign debt problem, foreign creditors have claimed.

Argentina's peso predicament

ARGENTINA - Argentina's new leaders face a list of problems as long as your arm. But right at the top is devising a solution for the country's blighted currency, the peso.

Cavallo resigns post as Argentine Economy minister

ARGENTINA - Television in Argentina broke the news that Economy Minister Domingo Cavallo resigned Thursday following several days of nationwide food riots and popular protests against the government's economic austerity policies.

Who next after Cavallo?

ARTICLE - A mass exodus from Argentina's economy ministry, culminating in the resignation of the minister Domingo Cavallo, has left few contenders to manage the country's finances.

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