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Tag Archives: Argentina

Argentina introduces currency controls to shore up the economy

Image Rights Getty Images Argentina has introduced currency controls to stabilize markets in the face of worsening financial crises. The government will restrict the purchase of foreign currencies following a sharp decline in the peso. Companies must obtain permission from the Central Bank to sell pesos to buy foreign currency and make remittances abroad. Argentina is also trying to shift …

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Argentina is in default, says Standard & Poor's

Argentina has defaulted on its debt, according to Standard & Poor's, the rating agency, wording the fallout from its plan to delay payments on $ 101bn of borrowings. Buenos Aires announced earlier this week that it would postpone $ 7bn $ 50bn of longer-dated debt mostly owned by foreign investors. Argentina has already defaulted on its debt eight times, twice …

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Stocks ranked after the crash in Argentina, safe havens are shining

LONDON (Reuters) – Stock markets fell for a third consecutive day on Tuesday as fears of a protracted global trade war, protests in Hong Kong and a crash in the Argentine peso currency held investors in bonds, gold and Japanese yen for the security. An electronic billboard showing the exchange rates in the financial district of Buenos Aires, Argentina, on …

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Photos of the Solar Eclipse 2019 in Chile and Argentina

On Tuesday morning, the sun came over Oeno Island, a normally uninhabited coral atoll in the South Pacific, as a black hole in the sky, studded with pale light-whiskers. And thus began again one of the great spectacles available to the inhabitants of the earth. The great cosmic rinse cycle of death and rebirth. Dying and Returning the light against …

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On July 2 in Argentina and Chile

CLOSE Impress your Skywatcher colleagues with these really interesting Eclipse facts. USA TODAY If you still have the 2017 Solar Eclipse fever, do not fret: next week there will be another one. But there's a catch – you have to get on a plane to see it. On July 2nd, in parts of South America, a total solar eclipse will …

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