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UPDATE 8-As election looms, Argentina’s Macri announces relief measures after years of spending cuts

August 14, 2019 Reuters: Company News 0

Argentine President
Mauricio Macri on Wednesday unveiled a package of welfare
subsidies and tax cuts for lower-income workers to lessen the
pain of an economic crisis months before elections, but his
announcement failed to halt the peso currency’s coll…

The post UPDATE 8-As election looms, Argentina’s Macri announces relief measures after years of spending cuts appeared first on Wolfe’s Blog.

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WRAPUP 5-Argentine markets gripped for second day by election-related fears

August 14, 2019 Reuters: Company News 0

Argentina’s peso closed
weaker again on Tuesday following a second day of market turmoil
triggered by opposition candidate Alberto Fernandez’s landslide
victory in a primary election that dealt a severe blow to
President Mauricio Macri’s re-election ch…

The post WRAPUP 5-Argentine markets gripped for second day by election-related fears appeared first on Wolfe’s Blog.