Latin America Argentina

  • BUENOS AIRES, Sept 28- An official at the International Monetary Fund on Thursday praised ongoing reforms in Argentina, hours before concluding the fund's first consultation in a decade in Latin America's third-largest economy. The visit from IMF officials comes as President Mauricio Macri, who took office in December, throws open Argentina's economy to...

  • Treasury Secretary Jack Lew said major emerging market countries should be better able to anticipate a U.S. interest rate hike because of the Federal Reserve's clear communications, a recapitalized International Monetary Fund and efforts to coordinate monetary and fiscal policies. Lew told Reuters in an interview late Monday that G20 finance ministers...

  • BUENOS AIRES, Sept 27- An Argentine court on Tuesday suspended planned natural gas rate hikes to small and medium-sized businesses until the end of the year, dealing another blow to the government's plans to cut public service subsidies to shrink the country's large fiscal deficit. Last month, the Supreme Court halted planned increases in residential gas...

  • Treasury Secretary Jack Lew on Monday issued a stamp of approval to Argentina's economic reform efforts and said the United States would try to expedite the exchange of tax data that could help Argentina repatriate overseas assets. Lew, in the first visit by a U.S. treasury secretary to Argentina since 2002, told Reuters that he believed that U.S. support for...

  • BUENOS AIRES, Sept 26- Argentina's central bank will continue to set its policy rate on a weekly basis in 2017 but will no longer tie the rate to short-term Lebac securities, central bank chief Federico Sturzenegger said on Monday. The bank is seeking to contain inflation that economists see at around 40 percent in 2016, also a priority of center-right President...

  • BUENOS AIRES, Sept 26- The United States will immediately begin work on ways to expedite the exchange of tax information with Argentina, U.S. Treasury Secretary Jack Lew said on Monday, signaling a move that could aid Argentina's tax amnesty program to repatriate overseas assets. "To accelerate the process of sharing tax data on Argentine residents in the United...

  • Treasury Secretary Jack Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico next week to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. He will be the first Treasury secretary to visit Buenos Aires since 2002, recognizing efforts by President Mauricio...

  • Treasury Secretary Jack Lew will urge his counterparts in Argentina, Brazil, Colombia and Mexico next week to press ahead with economic and fiscal reforms aimed at restoring or strengthening growth, a senior Treasury official said on Friday. He will be the first Treasury secretary to visit Buenos Aires since 2002, recognizing efforts by President Mauricio...

  • BUENOS AIRES, Sept 22- Argentina said on Thursday the economy shrank 2.1 percent in the second quarter from the first quarter of 2016, as the country remained mired in recession during the first year of President Mauricio Macri's administration. Compared with the same quarter of 2015, gross domestic product shrank 3.4 percent in the April-to-June period, the...

  • BUENOS AIRES, Sept 22- Argentina said on Thursday the economy shrank 2.1 percent in the second quarter from the first quarter of 2016, as the country remained mired in recession during the first year of President Mauricio Macri's administration. Finance Minister Alfonso Prat-Gay said earlier this week that the economy next quarter would not contract for the...

  • BUENOS AIRES, Sept 20- Argentina's central bank cut its 35- day reference rate by 50 basis points for the eighth week in a row on Tuesday, as inflation slows and policymakers try to revive the local economy. Finance Minister Alfonso Prat-Gay said on Monday that Argentina would likely post non-negative growth in the third quarter for the first time in five...

  • LONDON- Bank of England's executive director Andrew Hauser gives speech at CREST event- 1310 GMT. QUEBEC CITY, Canada- Bank of Canada Governor Stephen Poloz will give a speech in Quebec City on the topic of "Living With Lower for Longer," followed by a press conference- 1635 GMT. ENKOPING, Sweden- Sweden's Riksbank First Deputy Governor Kerstin af Jochnick will...

  • LONDON- Bank of England's executive director Andrew Hauser gives speech at CREST event- 1310 GMT. QUEBEC CITY, Canada- Bank of Canada Governor Stephen Poloz will give a speech in Quebec City on the topic of "Living With Lower for Longer", followed by a press conference- 1635 GMT. ENKOPING, Sweden- Sweden's Riksbank First Deputy Governor Kerstin af Jochnick will...

  • NEW YORK, Sept 19- Argentina expects to issue no more than $10 billion to $15 billion in international debt next year, Finance Minister Alfonso Prat-Gay said on Monday. President Mauricio Macri ended a decade-long legal battle with mostly U.S. creditors who refused to accept payment terms from a record 2002 default, enabling Argentina to issue international...

  • NEW YORK, Sept 19- Argentina expects to issue no more than $10 billion to $15 billion in international debt next year, Finance Minister Alfonso Prat-Gay said on Monday. President Mauricio Macri ended a decade-long legal battle with mostly U.S. creditors who refused to accept payment terms from a record 2002 default, enabling Argentina to issue international...

  • NEW YORK, Sept 19- U.S. industrial conglomerate General Electric Co will invest $10 billion in Argentina over the next decade, Vice Chairman John Rice said on Monday, the latest foreign company to announce new plans since President Mauricio Macri took office. GE has already invested $1.2 billion alongside local partners and customers in the past four months, the...

  • LONDON- Bank of England's executive director Andrew Hauser gives speech at CREST event- 1310 GMT. QUEBEC CITY, Canada- Bank of Canada Governor Stephen Poloz will give a speech in Quebec City on the topic of "Living With Lower for Longer", followed by a press conference- 1635 GMT. BUENOS AIRES, Argentina- Sweden's Riksbank Governor Stefan Ingves will hold a speech on...

  • LONDON- Bank of England's executive director Andrew Hauser gives speech at CREST event- 1310 GMT. QUEBEC CITY, Canada- Bank of Canada Governor Stephen Poloz will give a speech in Quebec City on the topic of "Living With Lower for Longer," followed by a press conference- 1635 GMT. BUENOS AIRES, Argentina- Sweden's Riksbank Governor Stefan Ingves will hold a speech on...

  • LONDON- Bank of England's executive director Andrew Hauser gives speech at CREST event- 1310 GMT. QUEBEC CITY, Canada- Bank of Canada Governor Stephen Poloz will give a speech in Quebec City on the topic of "Living With Lower for Longer", followed by a press conference- 1635 GMT. BUENOS AIRES, Argentina- Sweden's Riksbank Governor Stefan Ingves will hold a speech on...

  • LONDON- Bank of England's executive director Andrew Hauser gives speech at CREST event- 1310 GMT. QUEBEC CITY, Canada- Bank of Canada Governor Stephen Poloz will give a speech in Quebec City on the topic of "Living With Lower for Longer," followed by a press conference- 1635 GMT. BUENOS AIRES, Argentina- Sweden's Riksbank Governor Stefan Ingves will hold a speech on...