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Argentina's economy hit 100 per cent inflation in February — the highest it's been in 32 years. But the crisis has done nothing to dampen Argentines' enthusiasm for spending.
www.abc.net.au - Jun 01, 2024
When Javier Milei was elected president on Nov. 19, the country was already suffering under the world's third-highest rate of inflation, with prices up 160 percent from a year before. But since ...
www.nytimes.com - Dec 23, 2023
11 Jan 2024. Argentina and the International Monetary Fund (IMF) have finalised an agreement to release $4.7bn as part of a debt restructuring plan for the troubled South American nation. Latin ...
www.aljazeera.com - Jun 01, 2024
1:33. Argentina's monthly economic activity extended a downturn in March as President Javier Milei pressed on with his austerity drive to put an end to inflation. The economy in March shrank 8.4 ...
www.bloomberg.com - May 22, 2024
With its public finances depleted by the pandemic, Argentina must work out a new repayment schedule on $45 billion in debts to the I.M.F. That burden is the result of the fund's most recent ...
www.nytimes.com - Apr 19, 2021
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. After Mauricio Macri came to power in 2015, international investors poured money into Argentina's hundred ...
www.ft.com - Jun 01, 2024
Argentina's economy minister is asking its population to vote him into the presidency at a time when inflation has topped an annual 138 per cent, two-fifths of voters live in poverty, and ...
www.ft.com - Jun 01, 2024
A dangerous run on the peso and a lack of financing is putting the country on the edge, again. Around 30 months after taking office, the country found itself in a desperate economic situation ...
www.forbes.com - Jul 29, 2022
Argentina faces mounting pressure to devalue its currency again as its government struggles to avoid economic collapse ahead of elections in October, following the shock presidential primary ...
www.ft.com - Jun 01, 2024
Argentina was facing a third year of recession in 2020 even before the coronavirus hit. Now with the pandemic's economic shock, some analysts foresee a record contraction in the crisis-prone ...
www.aljazeera.com - Jun 01, 2024
Inflation in Argentina has hit 161%. Its economy is shrinking, in part because of a ruinous drought. In the past five years, its currency has lost about 90% of its value against the U.S. dollar. Its debts, including $45 billion that it owes the International Monetary Fund, are suffocating.
apnews.com - Jun 01, 2024
August 15, 2022, 3:00 PM. Argentina's annual inflation rate soared past 70 percent in July—the highest level in three decades—according to data released by the Argentine government last week ...
foreignpolicy.com - Jun 01, 2024
BONDS IN THE 20S. Argentina's sovereign bonds, restructured in a huge $110 billion deal in 2020, have tumbled back into distressed territory, with many now worth just 20-30 cents on the dollar, a ...
www.reuters.com - Jun 01, 2024
The abrupt departure of Argentina's economy minister and lack of a clear successor could threaten to further destabilize an economy already shaken by sky-high inflation, rising energy costs and ...
www.reuters.com - Jun 01, 2024
Argentina recently posted its first quarterly surplus in 16 years, celebrated by the International Monetary Fund in its latest review of the country's $44 billion rescue program. Perhaps most ...
www.bloomberg.com - May 24, 2024
Argentina's economic activity index is expected to have shrunk 6.9% year-on-year in March, its deepest drop since 2020 and the fifth monthly contraction in a row, a Reuters poll on Tuesday showed.
www.reuters.com - Jun 01, 2024
Argentina's economy posted its worst decline in a year in May as the government implemented another strict lockdown and a temporary ban on beef exports cooled the business climate.. Economic ...
www.bloomberg.com - Jul 21, 2021
Countries around the globe have failed to reach consensus on the terms of a treaty that would unify the world in a strategy against the inevitable next pandemic, trumping the nationalist ethos ...
www.nytimes.com - May 24, 2024
Photo: Tomás Nahuel Ridilenir. His economic measures stalling at home, Argentina's self-styled anarcho-capitalist president, Javier Milei, has taken to touring the world to hold often-raucous ...
www.wsj.com - Jun 01, 2024
Argentina posted its smallest economic decline in a year in the fourth quarter of 2020 as the country slowly edged out from under the shadow of COVID-19, though it sealed another grim milestone ...
www.reuters.com - Jun 01, 2024
Over multiple trials — even into his late 90s — Gen. Riveros often sat stone-faced and silent. In Argentina, his refusal to publicly express contrition made him one of the most reviled ...
www.msn.com - Jun 01, 2024
Produced by Alex Stern , Stella Tan , Sydney Harper and Nina Feldman. Edited by MJ Davis Lin. Original music by Elisheba Ittoop , Dan Powell , Marion Lozano , Sophia Lanman and Pat McCusker ...
www.nytimes.com - May 24, 2024
MercadoLibre has been one of the fastest-growing stocks in the e-commerce sector, and that pattern was on display in its first quarter. Revenue rose 36% to $4.3 billion and was up 94% on a ...
www.fool.com - Jun 01, 2024
A customer pays for pork meat in a local market, as Argentina's annual inflation rate tore past 100% in February, the country's statistics agency said on Tuesday, the first time it has hit triple ...
www.reuters.com - Jun 01, 2024
A 'Lost Decade' Threatens Economy of Wartime Israel. By Chris Anstey. May 30, 2024 at 4:00 AM PDT. I'm Chris Anstey, an economics editor in Boston, and today we're looking at Galit ...
www.bloomberg.com - May 30, 2024
Explaining a case that could reshape the multibillion-dollar live entertainment industry. May 30, 2024, 6:00 a.m. ET. Share full article. 6. Hosted by Sabrina Tavernise. Featuring David McCabe ...
www.nytimes.com - May 30, 2024
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