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Argentina Fixes Oil Price at $56 a Barrel to Put Inflation in Check

(Bloomberg) Argentina has fixed the price of oil received by drillers at $56, far below international levels, as it scrambles to stop inflation getting further out of control after this week’s currency devaluation, according to two people familiar with the matter.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateUS Equities Remain in Retreat as Bonds Rebound: Markets WrapChina’s Hidden Financial ....

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Week of Shocks Leaves Investors Dreading Next Argentina Default

(Bloomberg) From almost the moment Argentina restructured $65 billion of debt three years ago, investors have been betting the next default was around the corner. This week, they got a better idea of who their negotiating partner will be when it comes, and they’re not at all encouraged.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTycoon’s Fortune Soars $39 Billion on Eyebrow-Raising SPACRussia Calls Emergency Key Rate Meeting as ....

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Argentina's Milei Vows to Pay Country's Debt While Shuttering the Central Bank

Argentina's Milei Vows to Pay Country's Debt While Shuttering the Central Bank
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Losses Multiply in Emerging Markets Craving Big Bang Stimulus

(Bloomberg) A tug-of-war is developing between investors and policymakers in emerging economies: markets keep dumping assets on concerns of growing risks, prompting authorities to wade in with one-off support measures aimed at stemming the selloff.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotOut of Options and Mo ....

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