News of economic

Private firms predict inflation will exceed 48% this year

20-07-2021 19:46 Several inflation projections for this year now top 50% – way above the government's stated target of 29%.

Economic activity dropped 1.2% in April from previous month

30-06-2021 09:17 Argentina’s economy contracted more than expected in April 2021, thanks in most part to restrictions and conditions imposed by the coronavirus pandemic.

World Bank forecasts 'modest recovery' for Latin America and Caribbean

09-06-2021 14:51 Latin America and the Caribbean will have "modest economic recoveries" in 2021, the World Bank has warned. Argentina's economy forecast to rebound 6.4% this year.

No end in sight as Colombia marks full month of protests

28-05-2021 12:04 Colombia on Friday marks a full month of anti-government protests which began on April 28 in response to a proposed tax increase. Though the reform was quickly withdrawn, it triggered a broad anti-government mobilisation by people who felt they were left to fend for themselves in the health crisis, and angry over the heavy-handed response of security forces.

Death toll from Colombia protests climbs to 42

11-05-2021 16:54 At least 42 people have been killed — all but one civilians — in near-daily protests against the government of Colombian President Ivan Duque since April 28.

Colombia calls for dialogue with protest leaders

07-05-2021 13:49 Colombia's government on Thursday invited protest leaders to a dialogue in a bid to defuse tensions that began over a week ago over a tax reform proposed to address economic consequences of the pandemic.

IMF projects stronger 2021 growth amid pandemic rebound

06-04-2021 11:01 IMF forecasts that recession-hit Argentina's economy will grow by 5.8% this year, with global GDP expected to rebound 6% overall.

Study: Argentines fear economic consequences of Covid more than virus itself

05-04-2021 15:06 New Management & Fit study quizzing 2,200 people finds majority fears economic consequences of the coronavirus pandemic more than getting infected by the virus.

A year of living dangerously

20-03-2021 08:40 Thursday’s nationwide broadcast was widely criticised and mocked, but in his guarded and indirect manner President Fernández was telling it like it is regarding a central problem which too many ignore.

Missing seven-year-old found ‘safe and well’ after three-day search

20-03-2021 08:01 Maia, missing since Monday, found safely in Luján with captor after massive search effort. Disappearance of seven-year-old highlights number of families living in poverty in Argentina.

Argentina’s economy recovery slowed to a crawl in December

24-02-2021 17:52 Economic growth month-over-month slowed to a crawl of 0.9% growth in December, down from 1.4% in November.

Vaccine delays threaten economies hardest hit by pandemic

23-02-2021 12:24 Latin America and the Caribbean, the region where the coronavirus caused the worst economic destruction and more than a quarter of the world’s deaths, is now falling victim to a slow inoculation campaign.

Argentina posts first trade deficit since 2018 after port strike

27-01-2021 11:08 Country recorded a trade deficit of US$364 million in December, government data published Tuesday showed. While imports grew 25% in annual terms driven by an economic recovery, exports slumped by 34%.

Economic activity fell 3.7% in November year-on-year

27-01-2021 10:35 INDEC says activity contracted by 10.6% in first 11 months of 2020, but registered a 1.4 percent rise in November from previous month.

The first year of the rest of a presidency

12-12-2020 09:08 A bigger game-changer than coronavirus could hardly be imagined, but Argentina remains very much the same country behind the face-masks.

Poverty: we must go further to alleviate the effects of the pandemic

12-12-2020 09:00 The full inclusion of the most impoverished sectors of society demands a new generation of political and market activities for a fairer distribution of the capacity for social development.

by Agustín Salvia

Cristina, Macri and Alberto - all of them took on debt

21-11-2020 08:38 Everyone loves to play the blame game, but let’s get one thing straight for the record: former presidents Cristina Fernández de Kirchner and Mauricio Macri both took on debt – and so has Alberto Fernández.

by Agustino Fontevecchia

When nobody wants pesos: currency meltdown upends business

24-10-2020 05:51 Argentina’s battle to control its currency is upending its economy, wreaking havoc on everything from household finances to the production and sale of common goods.

Enough with the bickering – Alberto and Mauricio should meet

17-10-2020 09:05 At an extremely troublesome moment for the world, Argentina is engaging in ridiculous self-inflicted shocks of uncertainty.

by Agustino Fontevecchia

Blue dollar soars again to close week at 178 pesos

17-10-2020 08:30 Dolár blue has risen by 11 pesos in past week alone, closing week at record high amid continued financial uncertainty.