Page 5 - Patrick Gillespie News Today

Central Bank dramatically raises benchmark interest rate by 1,000 basis points, boosting key Leliq rate to 91% in bid to cope with inflation and economic crisis.

From a year ago, prices rose 104.3%, the highest annual level since 1991, according to government data published Friday.

Exports poised to plummet with almost half the soy crop ruined; Dollar shortage putting pressure on peso, fuelling inflation.

Argentina's monthly inflation would have accelerated in March at the highest pace in at least the last seven months, implying a new setback

Argentina's economic activity rose 2.9% year-over-year, more than economists expected in January.

Argentina will give investors the chance to exchange holdings of local debt into new bonds; Government wants to ease fears of a default on US$35 billion of local debt due in second quarter.

Leaders from the divided Peronist ruling coalition are keeping the door open to Vice-President Cristina Fernández de Kirchner running for president in this year’s election.

Lawmakers threaten private prison contracts and question whether the bureau responsible for their oversight should still serve in that function.

Lawmakers threaten private prison contracts and question whether the bureau responsible for their oversight should still serve in that function.

Lawmakers threaten private prison contracts and question whether the bureau responsible for their oversight should still serve in that function.