Tue, 21-Oct-2025

Martin Guzman steps down as Argentina’s economy minister

Martin Guzman

The 39-year-old had clashed with Vice President Cristina Fernandez de Kirchner. Guzman was instrumental in concluding a new $44 billion contract with the IMF. Argentine peso has reached an all-time low versus the U.S. dollar. Martin Guzman, the architect of Argentina’s recent debt settlement with the International Monetary Fund (IMF), has resigned as economy minister. … Read more

Argentinian govt says budget defeat will ‘affect’ debt negotiations

Argentinia

BUENOS AIRES: Argentina’s government suffered an embarrassing defeat on Friday, as its 2022 budget was rejected by the parliament, with Economy Minister Martin Guzman insisting this would ‘affect’ its debt renegotiations with the International Monetary Fund. Guzman said the defeat “weakens us as a nation-state within Argentina and before the world. And that hurts us.” The … Read more