The Economist - Reino Unido

Política The Economist - Reino Unido Politica Latinoamericana

Why Latin America’s left loves the petroleum economy

Climate issue: On energy and the environment, the region’s left-wing leaders are throwbacks, not progressives
Argentina The Economist - Reino Unido Economía

Treasury unveils 2020 budget bill

On September 16th the Treasury minister, Hernán Lacunza, formally presented draft budget legislation for 2020 to the Chamber of Deputies (the lower house of Congress). Despite recent setbacks, the government has reiterated its commitment to fiscal adjustment measures in order to produce a primary surplus of 1% of GDP in 2020.
Economía The Economist - Reino Unido Economía Internacional

EIU global forecast - Trade war drags down global growth

If Saudi Arabia does manage to restore output within weeks (as we currently expect), and if geopolitical tensions die down, oil prices should ease back to an average of US$65/barrel in the final three months of the year (from about US$70/b just after the attack).
Argentina The Economist - Reino Unido Política

Government and opposition put forward social relief measures

Both the government and the political opposition (which looks set for a return to power in December) are launching measures aimed at improving social conditions and reducing the risk of a governability crisis (Economist Intelligence Unit).
Argentina The Economist - Reino Unido Economía

Argentina’s beleaguered government imposes capital controls

The government announced a “reprofiling”—ie, delayed repayment—of $100bn-worth of short term borrowings and raised the prospect that some longer-term debts might be rejigged, too. That led to a new wave of capital flight and a few days later the reimposition of currency controls.
Economía The Economist - Reino Unido Economía Regional

Major regional central banks begin an easing cycle

A monetary easing cycle is now under way in the region, with several major countries cutting rates in recent weeks, including Chile (in June), Brazil (July), Mexico (August) and Peru (also August). In addition, several smaller countries, such as Paraguay, Costa Rica and Jamaica, have cut rates this year too.
Argentina The Economist - Reino Unido Economía

Government announces debt reprofiling programme

On August 28th the newly appointed Treasury minister, Hernán Lacunza, announced a battery of measures aimed at reprofiling the public debt, in order to lengthen maturities and narrow the near- and medium-term financing gap.
Argentina The Economist - Reino Unido Economía

Argentina’s crisis shows the limits of technocracy

Mr Macri is not quite beaten yet. The presidential election is not until October 27th. But in Argentina’s peculiar system, the primaries are a dress rehearsal. Few think he can overturn a 16-point deficit in nine weeks. The fact that the peso crashed after the primary result will add to inflation of 50% a year and makes his task even harder.
Argentina The Economist - Reino Unido Política

Might Mauricio Macri be reelected in Argentina?

Primary elections will give a strong hint of what his chances are. The primary election has no practical effect at the presidential level, because both Mr Macri and Mr Fernández are unchallenged within their parties. But since all Argentines over the age of 16 are legally obliged to vote, it functions in effect as a dry run of the October election.
Argentina The Economist - Reino Unido Política

Macri gains ground ahead of August 11th primary vote

The presidential election campaign is heating up ahead of the nationwide open primaries on August 11th. Given that the candidates for all of the political coalitions are running unopposed, the vote will effectively serve as a trial run for the first round of the presidential election, which is scheduled for October 27th.
Política The Economist - Reino Unido Politica Latinoamericana

Venezuelan exodus forces regional adjustment

The mass exodus of Venezuelans to neighbouring countries is causing political, fiscal and labour market tensions across Latin America and the Caribbean. Four neighbouring countries in particular—Colombia, Peru, Chile and Ecuador—have accepted over two-thirds of the Venezuelan diaspora. Comparatively speaking, the process has been free of major problems.
Economía The Economist - Reino Unido Mercosur

Latin America and Europe have much to gain from closer ties

Even today, although the United States is the main trading partner of Latin America as a whole, Mercosur (which includes Paraguay and Uruguay) does nearly half as much trade again with the European Union. es un sitio web oficial del Gobierno Argentino