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InterviewIndian business & finance
India seeks to secure critical mineral resources in race for lithium
...India is a member of the Minerals Security Partnership, a US-led coalition of 14 countries and the EU to secure a stable supply of raw materials....
April 23, 2024
The best books of the week
Default — the fight over Argentina’s $100bn debt crisis
...On May 25, 2002 Jorge Bergoglio, then archbishop of Buenos Aires, delivered a sober mass on Argentina’s traditionally festive day of independence....
April 20, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Live news: Ecuador secures $4bn in IMF financing amid drug crackdown
Argentina’s central bank lowers key interest rate to 60%
...The monthly inflation rate in March stood at 11 per cent, down from 13 per cent in February and a peak of 26 per cent in December....
April 25, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Argentina’s central bank cuts rate for third time under Javier Milei
...Analysts expect official data on price rises due to be published on Friday will show that the monthly inflation rate was just over 10 per cent in March, down from 13 per cent in February and a peak of 26...
April 11, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Argentina’s senate blocks Milei’s decree to deregulate economy
...Milei, a political outsider elected in November, is struggling to overcome a hostile congress to enact his radical change agenda....
March 14, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
Argentina’s senate blocks Milei’s decree to deregulate economy
...It will stay in place until the lower house also takes a vote. Milei, a political outsider elected in November, is struggling to implement his agenda to deliver lasting reform amid a hostile congress....
March 14, 2024
FT Live
Commodities Global Summit 2025
The pre-eminent gathering of senior commodity executives, traders and financiers
Monday, 24 March 2025Lausanne, Switzerland
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Argentina refinances $50bn of sovereign debt to relieve pressure on public accounts
...Argentina has refinanced 42.6tn pesos ($50.3bn) worth of sovereign debt in a record bond swap that should relieve pressure on public accounts and ease the path for lifting currency controls later this year...
March 13, 2024
News in-depthArgentine economy
Homes empty and tenants homeless as Argentina’s peso crisis hits rentals
...At last count in October, 27,773 private homes were listed in Buenos Aires on Airbnb, a 75 per cent jump from the same month in 2022, according to activist data project Inside Airbnb....
December 20, 2023
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
Chile’s former president Sebastián Piñera dies in helicopter crash
...Chile’s former president Sebastián Piñera, a billionaire and major figure on the country’s right, has died in a helicopter crash....
February 6, 2024
News updates from January 24: Joe Lewis to plead guilty in insider trading case, Microsoft passes $3tn market cap
Chile’s lower house of congress provisionally approves pension reform
...The lower house of Chile’s congress has provisionally approved a reform of its private pension system proposed by leftist President Gabriel Boric, in a rare breakthrough for the country’s polarised politics...
January 24, 2024
News updates from January 3: US job openings fall to 32-month low, Blasts kill about 100 in Iran
Argentine court blocks loosened labour laws decreed by Milei
...A complaint filed by the General Confederation of Labour, a powerful labour union, had argued that making the changes via decree was unconstitutional....
January 3, 2024
News updates from December 18: Apple halts US Watch sales, US boosts Red Sea shipping security
Chilean voters reject rightwing rewrite of constitution
...The result comes just over a year after Chileans rejected a radical proposal drafted by leftists and independents by a 24 point margin....
December 17, 2023
Travelista
Five buzzing urban addresses for your next weekend escape
...Last month it made its maiden foray into Latin America, opening Casa Lucia in Buenos Aires....
February 18, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Argentina hits highest inflation rate in 32 years at 211% in December
...The rate is the worst since 1991, when Argentina was exiting a period of hyperinflation....
January 11, 2024
News updates from January 12: China pledges to ‘smash’ Taiwan independence, US wholesale inflation declines
Argentina hits highest inflation rate in 32 years at 211% in December
...The rate is the worst since 1991, when Argentina was exiting a period of hyperinflation....
January 11, 2024
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Judge rules creditors owed $16bn from YPF can begin seizing Argentinian assets
...Their claims were largely financed by litigation funder Burford Capital in exchange for a percentage of the award....
January 11, 2024
News updates from January 17: US retail sales beat expectations in December, Lagarde says ECB likely to cut rates this summer
Argentina’s Javier Milei says west ‘in danger’ in fiery Davos speech
...Argentina’s new libertarian president Javier Milei has accused western leaders of abandoning “the values of the west” in a high-profile address to the World Economic Forum, marking a dramatic debut on the...
January 17, 2024
Argentine politics
Argentina’s Senate rejects Milei’s deregulation push
...The defeat puts Milei in “a much weaker position”, while the governors, none of whom belong to LLA, are “feeling more empowered” going into those negotiations, said Juan Negri, politics professor at Buenos...
March 14, 2024
News in-depthArgentine politics
Javier Milei takes a chainsaw to Argentina’s state companies
...Over the past three months, Aerolíneas’s new Milei-appointed leadership has opened a voluntary retirement programme for 8,000 of its 12,000 staff; cancelled a route from Buenos Aires to Havana that it said...
March 21, 2024
News updates from December 12: Biden warns Netanyahu to change tack or risk losing global support, Sunak wins Rwanda asylum vote
Argentina’s new government devalues the peso and cuts spending
...a minimum....
December 12, 2023
News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’
New Argentina government devalues peso and announces spending cuts
...Argentina’s new libertarian government has announced a devaluation of the peso, cuts in spending and smaller energy and transport subsidies in a bid to reduce a large budget deficit and stabilise the economy...
December 12, 2023
Javier Milei
Argentina’s Javier Milei meets Donald Trump after hosting Biden officials
...The day before his meeting with Trump, Milei hosted US state secretary Antony Blinken in Buenos Aires....
February 24, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
IMF agrees to release $4.7bn to Argentina despite failure to meet loan terms
...The IMF has agreed to disburse a fresh $4.7bn to Argentina, despite the country’s failure to meet the terms of its $43bn loan in recent months, offering a lifeline to new libertarian President Javier Milei...
January 11, 2024
News updates from November 20: OpenAI staff threaten to quit unless directors resign, Argentine stocks rally over election of Milei
Radical libertarian Javier Milei wins Argentina’s presidency
...Javier Milei, a radical libertarian economist and first-term congressman, has won Argentina’s presidential elections, defeating economy minister Sergio Massa and pulling the country’s politics far to the...
November 19, 2023
Argentine politics
Argentine President Javier Milei hit by scandal over own pay rise
...Lucas Romero, director of Synopsis, a political consultancy in Buenos Aires, said the president’s “rapid reaction” to both episodes might help to stem the political fallout, although he noted that it was...
March 11, 2024

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