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October 25, 2023
(Bloomberg) -- Argentine presidential candidate Patricia Bullrich said she has patched up differences with Javier Milei as he heads into a runoff vote next month, while stopping short of an outright endorsement of the upstart libertarian.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineTrump Signals Support for Johnson’s Bid to Become House SpeakerNasdaq 100 Falls 2% as Bond Yields Rise; Oil Gains: Markets WrapChina Developer Country Garden Deemed in Defa...
October 23, 2023
Investors braced for a sell-off after Economy Minister Sergio Massa did better than forecast in Sundayโs presidential vote, dashing hopes for an outright win by a more market-friendly candidate.
October 23, 2023
(Bloomberg) -- Javier Milei truly believed he would celebrate turning 53 by winning Argentina’s presidency in the first round. The ballroom in a traditional yet démodé hotel in downtown Buenos Aires was thrumming to club beats and glowing in his signature campaign purple. Guests had been flown from around the world to toast the upset.Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, B...
September 13, 2023
Francisco Zalles, one of the few economists in world with experience of introducing dollarisation, is gung ho about libertarian frontrunnerโs plan. Do it, and do it quick, he says.
September 8, 2023
(Bloomberg) -- Argentina was ordered to pay at least $8.4 billion in damages and $7.6 billion in interest in a US lawsuit over its 2012 re-nationalization of state oil company YPF SA, a sharp blow as the Latin American country’s financial situation has grown increasingly precarious.Most Read from BloombergUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, ...
August 30, 2023
(Bloomberg) -- In countries where the threat of default never goes away, there’s a trading strategy that’s delivering big returns. Most Read from BloombergSingapore Money Laundering Case Embroils Its Banking GiantsCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingIt works like this: find companie...
August 18, 2023
(Bloomberg) -- Self-described libertarians seem to pop up in political circles in every corner of the globe. But few mean it quite like Argentina’s Javier Milei.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs...
August 17, 2023
(Bloomberg) -- Self-described libertarians seem to pop up in political circles in every corner of the globe. But few mean it quite like Argentina’s Javier Milei.Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Blames Zero-Day Options for...
August 17, 2023
Weekly jobless claims and the Philadelphia Fed manufacturing survey will be released at 8:30 a.m.
August 15, 2023
(Bloomberg) -- Argentine assets extended losses as strong support for outsider Javier Milei in a weekend primary vote reverberates through markets. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashStocks Slip as Traders Lose Faith in Rate-Cut Bets: Markets Wrap...