Latest Mauricio Macri News

Members of political parties and social movements protest the visit of an International Monetary Fund (IMF) delegation, one with a sign that reads in Spanish

Argentina and IMF discuss debt in shadow of 2001 crisis

Feb. 12, 2020 5:30 PM EST

BUENOS AIRES, Argentina (AP) — Argentina has been here before: recession, growing poverty, high inflation, billions of dollars in debt, a looming deadline for repayment and simmering anger toward the International Monetary Fund. This is a big week for one of Latin America's biggest economies, which is...

Argentina delays payment on bond principal

Feb. 11, 2020 1:43 PM EST

BUENOS AIRES, Argentina (AP) — Argentina announced Tuesday that it will delay paying principal on a peso-denominated bond that had been due this week while it works on restructuring an overall debt it says is unpayable at a time of economic hardship. The announcement by the Economy Ministry comes ahead...

Demonstrators protest in front of Congress as lawmakers debate a foreign debt restructuring bill in Buenos Aires, Argentina, Wednesday, Jan. 29, 2020. Lawmakers began discussing the bill to restructure the country's external public debt which officials say is unpayable amid a deep recession and has reawakened old fears of financial crises. The sign reads in Spanish

Argentina debates debt restructuring, reawakening old fears

Jan. 29, 2020 7:27 PM EST

BUENOS AIRES, Argentina (AP) — The Chamber of Deputies voted overwhelmingly Wednesday to approve a bill to restructure the Argentine government's $100 billion debt, which officials say is unpayable amid a deep recession that has reawakened old fears of financial crises. With the support of the main...

US backs Brazil's bid for membership in Paris-based OECD

Jan. 15, 2020 4:54 PM EST

SAO PAULO (AP) — The U.S. government is backing Brazil's bid to join the Organization for Economic Cooperation and Development, providing a foreign policy boost for Brazilian President Jair Bolsonaro. “The United States wants Brazil to become the next country to begin the accession process" to the...