Category Archives: Business

IMF approval is imminent, allowing a disbursement of $5.5 billion to Argentina

Before the end of the week and before Christine Lagarde stops directing the International Monetary Fund (IMF), it is estimated that the technical mission of the international organization will approve the fourth revision of the Argentine economy that will allow a new disbursement of US $5.5 billion. Lagarde herself, when she met with President Mauricio Macri in the framework of… Read more »

Mexico and Japan lead anti-corruption issue in the G20

The head of the Ministry of Finance and Public Credit (SHCP), Carlos Urzúa, reported on Saturday that Mexico and Japan led the debate against corruption during the meeting in Osaka of the Group of 20 (G-20), which integrates the largest economies in the world. The official took stock of his participation in the G-20 work meeting, which was held for… Read more »

Facebook fined for privacy violations

The Italian Privacy Authority fined Facebook for one million euros for the case of Cambridge Analytica which revealed the theft of personal data and the violation of the privacy of social network users. This sanction is only the beginning, the Italian authority warned, which was based on the old Privacy Code, and remains available since last January with which the… Read more »

Before Trump-Xi meeting, China asks the US to cancel sanctions against Huawei

The United States should immediately withdraw sanctions against the Chinese telecommunications equipment firm Huawei, said Gao Feng, spokesman for the Ministry of Commerce in Beijing, hours before the leaders of both countries meet to discuss trade. China opposes US abuse of export controls and urges Washington to return to the path of cooperation, Feng said. On Wednesday, US President Donald… Read more »

Credit risk rating agencies warn that the “Fernández plan” for Argentine debt would be considered a default

In the midst of the electoral campaign, despite the lack of months for the presidential elections, the issue of debt once again raises concerns in the financial market. The oratory of some candidates (mainly from the opposition) is not music for the ears of investors. Argentina, which was considered a “serial defaulter” by the world, could play again with fire…. Read more »