Argentina

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.

Argentine economy deputy resigns

ARGENTINA - Economy minister Domingo Cavallo's deputy, Daniel Marx, has resigned from the government, just hours after a general strike brought the country to a standstill.

Former US official proposes solvency crisis fund

ARGENTINA - While Argentina's perilous brush with bankruptcy has sparked a renewed debate on the idea of officially-sanctioned debt standstills, a former top official of the Federal Reserve and the Treasury Department on Monday proposed another way of…

Argentina new bid to cut debts

ARGENTINA - Argentina's beleaguered Economy Minister, Domingo Cavallo, is preparing to announce measures to try to prevent the country defaulting on its massive debts.

Economic Chaos - Who's killing Argentina's Peso?

ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which…

IMF spotlight on Argentina

ARGENTINA - An International Monetary Fund mission arrives in Buenos Aires on Sunday to study the country's accounts and decide whether to continue disbursing funds from Argentina's loan programme.

Argentina gives details on refinancing debt

ARGENTINA - Argentina's government yesterday announced plans to refinance the debts of 10 provinces, the first leg of its effort to restructure the country's entire $155bn ( £106bn) stock of federal and provincial debt.

Argentine ctrl bk moves to fight drop in deposits

ARGENTINA - Argentina's central bank will order local banks to repatriate $1.9 billion of the loan loss reserve funds they have deposited in a Deutschebank account in New York City to inject more funds into the nation's money markets and keep interest…

Blow to Argentina debt plan

ARGENTINA - The prospects of Argentina defaulting on its overseas debt have grown after opposition-led provinces voted against a new austerity plan.

Call for big changes to global financial system

ARGENTINA - A group of former finance ministers from emerging market countries will today propose fundamental changes to the global financial system, including an international bankruptcy procedure for government borrowers.

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