Daily Archives | Argentina
“De facto” Devaluation in Argentine
May 18th, 2012
READ MOREAldo Pignanelli, a former Argentine Central Bank president, warned that if economy follows on the current course a “de facto devaluation” is round the corner. “The situation is unsustainable in the long term: 4.50 Pesos and 5.50 Pesos for the …
Preparing the Ground for Máximo Kirchner
May 2nd, 2012
READ MOREMáximo Kirchner, the son of Néstor and Cristina Kirchner is increasingly playing a political role sponsored by his mother. In last Friday’s mass rally in support of the President he managed to show the strength of his grouping La Campora …
Cristina Kirchner and Populism
April 30th, 2012
READ MOREPopulism is a major problem that affects Latin American countries. Argentina is maybe the most visible case. Analysts consider that the recent measures of President Kirchner’s government are aimed to gain popularity and support in her second term. On Friday …
Argentina Appeals to Reserves
April 27th, 2012
READ MOREA resolution published in the Official Gazette of Argentina reveals that the government of President Cristina Fernández de Kirchner has appealed to 5.7 billion dollars Central Bank reserves to pay sovereign debt. The use of international reserves will only cover …
Cristina Fernández is “Not Concerned” with Criticism
April 25th, 2012
READ MOREAs we mentioned in previous posts the protectionist measures of President Cristina Fernández de Kirchner are being criticized by international media and provoke a rampant risk of isolation for Argentina. Nevertheless two cabinet members have said that her government is …
Replacing Argentina at the G-20
April 24th, 2012
READ MOREAs we commented in a previous post, the protectionist measures of Argentina and her president Cristina Fernández de Kirchner could provoke the diplomatic isolation of that country. International media have been extremely critical of the Argentine leader and have condemned …
Investment Shortages in Argentina
April 23rd, 2012
READ MOREThe trade barriers and other protectionist measures implemented by President Cristina Fernández de Kirchner reached their peak in the expropriation of YP from Spain’s Repsol. In an article published by Fitch ratings agency last Monday the company assures that the …
Colombia Protests Against Argentina
April 20th, 2012
READ MOREThe protectionist policies of President Cristina Fernández de Kirchner are causing discomfort among Latin American countries. In a recent development Colombia has sent a letter to the World Trade Organization protesting Argentina’s import restrictions to Colombian products. Sergio Díaz Granados, …
Felipe Calderón Against Kirchner’s Decision
April 19th, 2012
READ MOREOne of the major problems of the government of Mexican President Felipe Calderón is the radical change of the country’s foreign policy, his intervention in internal affairs of other governments and his servility towards the United States. As head of …
Argentina to Renationalize YPF
April 18th, 2012
READ MOREYPF is the biggest oil company in Argentina. Last Monday the government of President Cristina Fernández de Kirchner sent a bill to Congress to renationalize the company putting 51% of it in state hands an ousting Spanish group Repsol as …