As happened in July, and against the expected by the dollar triggered, in August the trade balance did not improve. It registered a deficit of US $ 1,127 million, an increase of 5.2% over the “red” of US $ 1,071 million a year ago, according to INDEC data.
Luis Caputo had to literally convince President Mauricio Macri to allow him to announce the resignation on Tuesday, a day before the terms of the new agreement reached with the International Monetary Fund were known. The now ex-holder of the Central Bank achieved his mission after an extensive telephone conversation that started at 8 o’clock in the morning Argentina and concluded shortly before 10 o’clock. Of the conversation also participated…
Mauricio Macri started the year with a tour of Moscow, Davos and Paris. On each scale he detailed the progress of his economic reforms and the promise of deepening the corrections of the imbalances that the Argentine economy has been carrying for decades. The victory of the Legislative 2017 and the results by then legitimized its objective: the activity was growing at 4%, the dollar was at $ 18 and…