Edition:
United States

Jorge Iorio

Argentina jobless rate hits 16-year high amid pandemic, lockdown

Sep 23 2020

BUENOS AIRES Argentina's unemployment rate jumped to 13.1% in the second quarter of the year as the country was swiped by the coronavirus pandemic, the official statistics agency said on Wednesday, the highest since 2004 and up from 10.4% in the previous quarter.

Argentina economy plunges record 19.1% in second quarter on pandemic impact

Sep 22 2020

BUENOS AIRES Argentina's economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.

UPDATE 3-Argentine government 'confident' in $65 billion debt deal as deadline passes

Aug 28 2020

BUENOS AIRES, Aug 28 Argentina's debt restructuring deadline passed on Friday after four months of tense talks, multiple delays and amendments since an initial low-ball offer in April, with bondholders expected to strongly back a $65 billion proposal.

Exclusive: Argentina may delay debt restructuring deadline amid impasse - source

Jul 29 2020

BUENOS AIRES Argentina's government is considering pushing back a deadline for creditors to respond to its foreign debt restructuring proposal until mid-to-late August, a source close to the negotiations told Reuters on Wednesday.

EXCLUSIVE-Argentina may delay debt restructuring deadline amid impasse - source

Jul 29 2020

BUENOS AIRES, July 29 Argentina's government is considering pushing back a deadline for creditors to respond to its foreign debt restructuring proposal until mid-to-late August, a source close to the negotiations told Reuters on Wednesday.

Argentina sweetens debt revamp offer to creditors; sets August 4 deadline

Jul 05 2020

BUENOS AIRES Argentina's government unveiled an amended debt restructuring proposal on Sunday and set a deadline of Aug. 4 for creditors to accept it, adding some key sweeteners as it looks to defuse recent tensions with bondholders and strike a deal.

Argentina to unveil new debt offer, open until end-August, president says

Jul 05 2020

BUENOS AIRES, July 5 Argentina is set to unveil a new debt restructuring offer that will be kept open until the end of August, President Alberto Fernandez told local radio on Sunday, as the government seeks to strike a deal despite rising tensions with creditors.

Argentine creditors build 'Pac-Man' defences as country readies final offer

Jul 03 2020

LONDON/BUENOS AIRES Argentina's government is reading a final debt restructuring offer to creditors which could be formally sent to U.S. regulators within days, a government source told Reuters on Friday, even as increasingly splintered bondholders tabled another proposal of their own.

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