News of poverty

In prosperous Uruguay, homeless population grows in the capital

13-11-2023 16:55 Uruguay stands out in Latin America for its high income per capita, low inequality and low poverty. Yet homelessness is increasing on the streets of Montevideo.

Inflation slowed to 8.3% in October, prices up 142.7% year-on-year

13-11-2023 16:06 Inflation slowed in October to 8.3%, reports INDEC; Consumer prices in Argentina up 142.7% over the last 12 months.

Poverty above 40% fuels despair ahead of vote

27-09-2023 18:20 Surging consumer price increases are the dominant factor behind Argentina's ballooning poverty rate.

More than 40% of Argentines living in poverty, official data shows

27-09-2023 16:36 Data from INDEC national statistics bureau reveals approximately 18.6 million Argentines are now considered poor, with 4.3 million destitute; Poverty affected 40.1% in first half of year; Experts warn figure likely to soar even higher in future given post-PASO devaluation of peso and soaring price hikes.

Poverty bites in the Conurbano, but demands go beyond economic

09-08-2023 10:43 Argentina’s economic crisis spares no-one in Greater Buenos Aires. The youngest are the hardest hit. Across the Conurbano, demands are high, but local campaigners say the problems run deeper than soaring prices.

by Ludmila Di Grande

Private estimates say Argentina’s poverty rate has risen to 43%

09-07-2023 08:00 Around 12.5 million people in Argentina are now poor, according to new calculations from UCA and Di Tella universities; High inflation in first six months of year and inability of wages to keep pace with wage hikes means further one million people have slipped below the poverty line.

INDEC: 1.2 million in Argentina live in ‘critically overcrowded’ homes

10-05-2023 22:56 Government data reveals that more than one million people in Argentina are living in “critically overcrowded” households.

As cost of living bites, Brits question costly coronation

04-05-2023 15:35 As the UK grapples with a cost-of-living crisis and widespread strikes over pay, some Britons are questioning why taxpayers have to foot the bill for King Charles III's lavish coronation on Saturday.

Poverty in Argentina rises, hurting economy before election

30-03-2023 17:19 About 39.2% of Argentines were living in poverty in the second half of last year, up from the previous level of 36.5%, according to government data published Thursday.

INDEC: Poverty reached 39.2% of population in second half of 2022

30-03-2023 16:24 National statistics bureau report shows near three-point jump on first half of last year; Projected out to whole population, more than 17.6 million people are considered poor; More than half are aged under 14, with eight percent of population were living in extreme poverty.

City Hall draws to take charge of security in Villa 1-11-14 with over 1,000 cops

01-02-2023 16:00 Buenos Aires City government’s Justice and Security Ministry already has a bill ready for full deployment of its police, should the national government withdraw the Border Guard ahead of this year’s presidential elections.

Pope: ‘Bad policies’ to blame for Argentina’s poverty and inflation

25-01-2023 14:46 Insisting that he is “not doing politics,” Pope Francis uses an interview to criticise high poverty levels and runaway inflation in his homeland, pointing the finger at “bad policies.”

Argentina’s annual inflation spikes to 88%, topping G20 countries

15-11-2022 17:00 Consumer prices rose 88% in October from a year ago, surpassing Turkey’s 85.5% rate for the highest among Group of 20 nations.

Stating the less than obvious

22-10-2022 06:20 Understanding a problem is the most important half of the solution.

Poverty reached 36.5% in the first half of 2022

29-09-2022 02:05 According to government data, almost four out of every 10 people in Argentina are considered poor; More than half of children aged up to 14 years old live in poverty, with 5.3 million nationwide in extreme poverty.

Poverty remains above pre-pandemic level in early 2022

29-09-2022 02:00 Argentina's poverty rate remained above pre-pandemic levels in the first half of this year as high inflation eroded benefits of country's economic recovery.

Argentines brace for 90% inflation after economy minister’s exit

14-07-2022 09:18 Consulting firms in Buenos Aires are predicting that Argentines face the prospect of 90% inflation by year end.

Nervous buying and price hikes in Argentina amid inflation fears

07-07-2022 23:49 Economic turmoil has provoked a wave of fear, triggering a surge in the value of the dollar on Argentina's parallel exchange markets and a sharp rise in prices.

Protesters demand jobs, better wages amid rampant inflation

12-05-2022 23:52 Tens of thousands of demonstrators from across the country descend on Buenos Aires for a massive rally, sparking traffic chaos in the capital.

Millions relying on food banks and soup kitchens as prices surge

29-04-2022 14:51 More than four million people depend on food banks and soup kitchens to eat in Argentina, and although the country has a well-oiled welfare network, the fight against high prices is tough and uncompromising.