Argentina’s open presidential primary is over, and the stage is now set for the election in October. With the current president, Cristina Fernández de Kirchner, constitutionally barred from running again, the autumn poll looks set to be a fight between Argentina’s two main political coalitions. On the left is Daniel Scioli, the current governor of … Continue reading
By Belén Marty The Central Bank of Argentina released record-setting figures this month: the monetary base is now at AR$510.5 billion, swelling 10 percent since the start of the year. The central government has used this substantial expansion — comprised of banknotes in circulation, cash in financial entities, and demand deposits in checking accounts — to finance its large fiscal … Continue reading
As press reports emerge that Yanis Varoufakis was encouraged to resign his post as Greek finance minister due to his statement saying a “parallel currency was an option,” bank reports paint a picture of pain ahead for Greece. But amid the fury a potential replacement for the often outspoken Greek finance leader could be emerging: … Continue reading
By Iván Cachanosky October 2011, the government of President Cristina Kirchner created a “clamp” on the exchange rate, establishing a maximum rate with the objective of slowing the escape of foreign currency reserves from Argentina. However, the result wasn’t as hoped — reserves ended up dwindling at a rapid rate, with the impact being felt in other variables … Continue reading
Argentina’s Central Bank will roll out a newly designed controversial 50-peso bill which features a map of the disputed Falkland Islands, also know as the Islas Malvinas in Argentina, a British overseas territory which Buenos Aires claims sovereignty over. Argentine president Cristina Kirchner announced the creation of the newly designed 50-peso note last April during a ceremony marking the 32nd … Continue reading
Argentina’s democracy has travelled far since the early 1980’s. Now, the sudden death of a senior prosecutor highlights the need for a new phase of reform. . By Juan Gabriel Tokatlian Most foreigners are genuinely shocked by the enigmatic death of Argentina’s special prosecutor Alberto Nisman. They are also puzzled by the pervasive lack of justice … Continue reading
By Hans Vogel This past Monday, 19 January, hundreds of angry people gathered in the central square of Argentina’s capital, Buenos Aires. They had come to protest against what they regard as the official murder of Alberto Nisman, state prosecutor leading the investigation into the 1994 bombing of the Jewish community center AMIA (Asociación Mútua … Continue reading
By Nil Nikandrov There is less than a year to go before the presidential elections in Argentina, scheduled to take place on 25 October. Cristina Fernández de Kirchner has twice won the battle for the highest government post, in 2007 and 2011, and so is unable to re-run for the presidency. The question of her successor … Continue reading
By Mahdi Darius Nazemroaya Energy prices started to move downward in late-2014, when Saudi oil began to flood energy markets. Variations of two main schools about this emerged. One school explained things purely on the basis of business interests whereas the other school viewed the drop in oil prices geopolitically. Some analysts viewed the Saudi … Continue reading