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Facundo Iglesia

Facundo Iglesia

Buenos Aires Herald

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5,000 tonnes of food sit in warehouses as government cuts soup kitchen deliveries

The Argentine government has confirmed that 5,000 tonnes of food are sitting in state warehouses while soup kitchens complain the Human Capital...

yesterday 20

Buenos Aires Herald

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Argentina’s economy shows sharp declines across the board as parallel pesos weaken

Argentina has fallen into recession. Key indicators released over the past week show slumps across the board, from consumer spending to manufacturing....

yesterday 20

Buenos Aires Herald

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US aviation company sues Argentina for not paying presidential plane fuel bill

A United States-based aviation fuel provider has filed a lawsuit in a Miami court against the Argentine government. The company, Associated Energy...

previous day 10

Buenos Aires Herald

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Parallel dollar exchange rates increase by up to 10% in two days

After months of relative calm, the informal U.S. dollar rate, or “blue dollar,” jumped by 9.8% this week. The blue-chip swap rate, a financial...

22.05.2024 40

Buenos Aires Herald

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Unrest in Misiones as hundreds of officers protest in front of police building

18.05.2024 30

Buenos Aires Herald

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Argentina: granting Burford’s request for YPF shares would ‘violate international law’

The Argentine government has asked U.S. Judge Loretta Preska to reject Burford Capital’s request to grant the company all the country’s shares in...

18.05.2024 80

Buenos Aires Herald

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Round two: Argentina’s Lower House braces for new ‘omnibus bill’ debate

By Facundo Iglesia and Martina Jaureguy On Monday at noon, the Lower House will start debating a pared-down version of the “omnibus bill,”...

28.04.2024 10

Buenos Aires Herald

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Deputies fail to reach quorum for public university budgets

A session in the Lower House to debate increasing universities’ budgets fell through on Wednesday after most lawmakers failed to attend. The lack of...

25.04.2024 30

Buenos Aires Herald

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Deputies fail to reach quorum for public universities’ budgets

25.04.2024 30

Buenos Aires Herald

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Two Human Capital Ministry officials resign amid public university protests

Two key officials in Sandra Pettovello’s Human Capital Ministry resigned on Tuesday, as hundreds of thousands took to the streets to protest against...

24.04.2024 20

Buenos Aires Herald

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YPF expropriation case: Burford requests Argentina’s shares of the company

Burford Capital has requested Judge Loretta Preska grant them all of Argentina’s YPF shares as payment for the US$16.1 billion the country owes the...

20.04.2024 20

Buenos Aires Herald

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Argentine senators double their salaries in two-minute vote

The Argentine Chamber of Senators approved a raise in their monthly salaries from AR$1.7 million (US$1,860 at the official rate) to a minimum of...

19.04.2024 20

Buenos Aires Herald

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Argentine government forces private healthcare providers to revert increases

Following an average 150% cumulative increase in payments for private healthcare users, the government announced a series of measures to force private...

18.04.2024 20

Buenos Aires Herald

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Head of Libertad Avanza bloc breaks away after commission fiasco

The head of the La Libertad Avanza (LLA) bloc in the Deputies Chamber, Oscar Zago, has split from the ruling coalition and formed his own bloc...

13.04.2024 20

Buenos Aires Herald

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Argentina’s yearly inflation soars to 288%

Inflation in Argentina is now running at 287.9%, figures released on Friday afternoon by the government’s INDEC statistics bureau showed. The data...

12.04.2024 20

Buenos Aires Herald

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Argentina’s CGT calls for a general strike on May 9

Argentina’s biggest trade union federation, the General Confederation of Labor (CGT by its Spanish acronym), called for a general strike on May 9 to...

12.04.2024 30

Buenos Aires Herald

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Argentina’s blue dollar falls below AR$1,000 again, brecha at 12.5%

The informal (blue) dollar exchange rate fell below AR$1,000 on Friday, further narrowing the gap between the parallel and official exchange rates...

06.04.2024 10

Buenos Aires Herald

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GDP-coupon case: Preska rules in Argentina’s favor

New York Federal Judge Loretta Preska ruled in Argentina’s favor in a case over securities linked to the country’s gross domestic product issued...

04.04.2024 40

Buenos Aires Herald

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Argentina’s nuclear projects at risk due to slashing of state funding

An array of Argentina’s nuclear projects are at risk due to the slashing of funding for the National Commission of Atomic Energy (CNEA, by its...

31.03.2024 10

Buenos Aires Herald

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Government deploys slipshod suspension of worker cooperatives

“It felt like they threw a bucket of cold water on us,” said Karina Godoy, of the worker cooperative La Nirva dedicated to making alfajores —...

29.03.2024 30

Buenos Aires Herald

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Milei hints at new wave of state layoffs

In a speech on Tuesday, Argentine President Javier Milei highlighted that 70,000 contracts of state employees are set to expire soon amid a general...

27.03.2024 20

Buenos Aires Herald

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Armed Forces deployed to Rosario to quell violence upsurge

Two weeks after an unprecedented escalation of the organized crime security crisis in Rosario, Defense Minister Luis Petri launched a military...

20.03.2024 30

Buenos Aires Herald

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Soup kitchens in dire situation as Milei slashes funding: ‘It breaks my heart to tell people there is no more’

Viviana Rodríguez has been running a soup kitchen for more than six years out of her home in Villa 31. Located next to the Buenos Aires bus terminal...

03.03.2024 8

Buenos Aires Herald

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La Rioja bondholders call province ‘a recalcitrant and recidivist defaulter’

La Rioja bondholders called the province’s explanation for its default “entirely specious” after its government failed to make a US$26 million...

29.02.2024 40

Buenos Aires Herald

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YPF expropriation trial: Argentina appeals to avoid US$16.1 billion payment

Argentina on Thursday appealed the ruling ordering it to pay US$16.1 billion for the expropriation of state-owned oil and gas company YPF, a lawsuit...

24.02.2024 20

Buenos Aires Herald

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Milei’s campaign digital guru targeted in Brazil coup attempt probe

Fernando Cerimedo, chief digital strategist for Javier Milei’s presidential campaign, has been named as a co-conspirator by the Brazilian judiciary...

17.02.2024 30

Buenos Aires Herald

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Back to square one: Milei’s Omnibus Bill returned to commissions

by Facundo Iglesia and Valen Iricibar Argentina’s Lower House unexpectedly cut short what was expected to be a marathon debate on President Javier...

07.02.2024 30

Buenos Aires Herald

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Argentine human rights groups file complaint against government in IACHR

Two human rights organizations and two press unions filed a precautionary measure before the Inter-American Commission on Human Rights (IACHR)...

03.02.2024 4

Buenos Aires Herald

Facundo Iglesia

Omnibus bill: Argentine police crack down on protesters outside Congress

Argentina’s security forces cracked down hard on demonstrators outside Congress protesting President Javier Milei’s reform package known as the...

02.02.2024 20

Buenos Aires Herald

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IMF praises Argentina’s austerity, warns path to stability ‘challenging’

The International Monetary Fund praised the Milei administration’s past and future austerity measures but warned that the path to stability will be...

02.02.2024 20

Buenos Aires Herald

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IMF hints at Argentina lifting exchange restrictions as it disburses US$4.7 billion

The board of the International Monetary Fund approved the staff-level agreement it had reached with Argentina and disbursed US$4.7 billion on...

01.02.2024 40

Buenos Aires Herald

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IMF changes Argentina forecast, expects economy to fall 2.8 points in 2024

The International Monetary Fund (IMF) has changed its forecast for Argentina’s economy and now estimates that GDP will shrink by 2.8 points in 2024...

31.01.2024 6

Buenos Aires Herald

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Argentina is ‘very close’ to being able to dollarize the economy, Milei says

President Javier Milei said Argentina is “very close” to being able to dollarize its economy, a flagship proposal of the libertarian economist’s...

27.01.2024 5

Buenos Aires Herald

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Commissions approve Milei’s omnibus bill for Congress debate

In a victory for Javier Milei’s government, the congressional commissions discussing the reform package known as the “omnibus bill” issued a...

24.01.2024 20

Buenos Aires Herald

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Dozens of Argentine Payoneer users report hackings and emptied accounts

Dozens of Argentine users of the Payoneer virtual wallet have reportedly been hacked and their accounts emptied in the last week. “All my money was...

21.01.2024 30

Buenos Aires Herald

Facundo Iglesia

LLA modifies Omnibus bill: YPF to stay in public hands, emergency powers limited

Senior members of Javier Milei’s government have agreed to over 100 changes to his omnibus bill as his La Libertad Avanza coalition negotiates for...

20.01.2024 50

Buenos Aires Herald

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Milei meets with IMF’s Georgieva in Davos, says it went ‘spectacularly well’

Argentine President Javier Milei held his first face-to-face meeting with the International Monetary Fund (IMF)’s managing director, Kristalina...

18.01.2024 6

Buenos Aires Herald

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‘An act of intimidation’: journalists condemn police stationed outside state-owned media

Federal Police vans, motorbikes, and officers spent all afternoon Monday stationed  at the entrance of three state media outlets in what journalist...

17.01.2024 30

Buenos Aires Herald

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Argentina and China hold bilateral meeting amid tensions

Following weeks of escalating tensions between both countries, Foreign Minister Diana Mondino held a meeting with China’s Ambassador in Argentina...

14.01.2024 20

Buenos Aires Herald

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YPF expropriation trial: Burford can now request asset seizures

U.S. Judge Loretta Preska authorized Burford Capital on Thursday to request the seizure of Argentine assets in the YPF expropriation trial, which the...

13.01.2024 20

Buenos Aires Herald

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Bullrich backtracks on permit requirement for three-person gatherings

Security Minister Patricia Bullrich announced Wednesday that the government no longer plans to demand permits for three-person meetings in public...

11.01.2024 10

Buenos Aires Herald

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Exchange market honeymoon ends with US dollar surge

The blue or informal US dollar exchange rate increased by 70 pesos on Tuesday to AR$1120 — the first significant surge in a month, ending an...

10.01.2024 40

Buenos Aires Herald

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Taxes cut on imported goods destined for export manufacturing

The government on Thursday removed the PAIS tax on imported items for use in manufacturing products destined for export.  Created during the Alberto...

06.01.2024 10

Buenos Aires Herald

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Mega-decree filed in Congress, triggering commission debate countdown

by Facundo Iglesia and Valen Iricibar Chief of Staff Nicolás Posse officially filed President Javier Milei’s mega-decree in Congress through the...

06.01.2024 20

Buenos Aires Herald

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Central Bank’s bond bid again fails to attract indebted importers

Argentina’s Central Bank closed the second auction of a bond designed for importers to pay for their debt in US dollars on Thursday, again with...

06.01.2024 30

Buenos Aires Herald

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Government analyzes US$71-billion swap of all 2024 maturities

The Argentine government is analyzing a debt swap with banks operating in the country for the entirety of its 2024 maturities: AR$57.5 trillion (US$71...

06.01.2024 7

Buenos Aires Herald

Facundo Iglesia

IMF to visit Argentina for renegotiations on Thursday

A delegation of the International Monetary Fund (IMF) will arrive in Argentina on Thursday to renegotiate the lender’s deal with the country,...

03.01.2024 30

Buenos Aires Herald

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IMF to visit Argentina for deal renegotiations on Thursday

A delegation of the International Monetary Fund (IMF) will arrive in Argentina on Thursday to renegotiate the lender’s deal with the country,...

03.01.2024 30

Buenos Aires Herald

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Argentine importers snub Central Bank, buy just 9% of tailor-made bond

Importers purchased 9% of the bond the Central Bank had designed specifically for them to pay their debts in U.S. dollars. The initial bid on the...

30.12.2023 10

Buenos Aires Herald

Facundo Iglesia

Government sanctions new, ‘simpler’ import system

The government eliminated the system previously used to authorize imports, known as SIRA, and replaced it with a new scheme. The new system, called...

27.12.2023 20

Buenos Aires Herald

Facundo Iglesia

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