Fernández threatens to raise taxes on farm exports

President Alberto Fernández is threatening farmers with a tax hike or quota for exports as he seeks relief for families grappling with inflation that’s forecast to reach 47 percent this year. If the farm industry continues to sell food at home for the same prices at which it exports, the government will take matters into … Read more

IMF’s woes in Latin America set to grow after Ecuador vote

The International Monetary Fund risks having to renegotiate its second multi-billion dollar loan in Latin America in as many years following Ecuador’s presidential election. The candidates who likely advanced to a runoff vote in the Andean country, Andrés Arauz and Yaku Pérez, have both criticised the tax increases and spending cuts required as part of … Read more

IMF official: Argentina deal by May is an ambitious timeline

Argentina’s goal to reach an agreement with the International Monetary Fund on a new programme by May 2021 is an ambitious timeline, according to the the Fund’s Western Hemisphere Director Alejandro Werner. “I don’t see it as unviable, but clearly it’s an ambitious date,” Werner said Monday during a virtual IMF press briefing. “The Argentine authorities … Read more

What we learned this week: January 23 to 30

THE WEEK IN CORONAVIRUS There were 1,915,362 confirmed cases of coronavirus and 47,775 deaths at press time yesterday as against 1,853,830 cases and 46,575 deaths the previous Friday. Last weekend Vice-President Cristina Fernández de Kirchner received her Sputnik V jab in Avellaneda, not from any ordinary nurse or doctor but from no less than Buenos … Read more