News of crisis

Inflation woes reach book publishers as the price of paper surges

27-05-2023 06:31 Small publishers at the Buenos Aires International Book Fair discuss the challenges of coping with runaway inflation; Resistant readers help literary houses to survive crisis.

by Api Dhadda

April showers bring no May flowers

20-05-2023 07:00 There can be no doubt that inflation is public enemy number one.

Bucking the trend or a new weight for the peso?

29-04-2023 05:41 The giddy oscillations of parallel exchange rates and the relentless acceleration of prices are moving too fast to leave any margin for gradualism, thus making shock treatment inevitable.

Argentina cracks as peso plunge raises risk of messy devaluation

28-04-2023 12:39 Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation.

Inflation hit 94.8% in 2022, highest rate in 32 years

12-01-2023 17:34 INDEC reveals that prices increased by 5.1% in December, continuing the general downward trend but accelerating slightly from the preceding month.

Venezuelan opposition dissolves Guaido's 'interim government'

31-12-2022 09:08 Venezuelan opposition on Friday dissolved the "interim government" led by Juan Guaidó, once the popular and internationally recognized face of the drive to oust leftist leader Nicolas Maduro.

World Cup win could bring GDP boost to France or Argentina

16-12-2022 14:26 Argentina is better placed than France to reap the economic benefit that typically comes from winning the World Cup, says one academic.

Peru political crisis threatens to widen Latin America rifts

15-12-2022 16:40 President Dina Boluarte's administration says it has received the backing of governments in Chile, Ecuador, Uruguay and Costa Rica, underlining split over Peru's political crisis in the region.

Storms amid a drought

12-11-2022 06:17 In the context of a lethal global cocktail being compounded by so many urgent socio-economic problems here, it seems incredibly absurd that judicial issues should continue to dominate the local political agenda.

Getting ready for hard times

29-10-2022 06:00 The long-predicted but frequently postponed crack-up seems to have arrived.

by James Neilson

British pound collapse erodes international trust in UK

28-09-2022 23:41 The UK thought it had the trust of markets — until it didn’t. Now homeowners and businesses will likely have to pay the price.

Liz Truss's political 'journey' reaches Downing Street

08-09-2022 01:25 The UK's new prime minister, Liz Truss, takes power as a traditional, low-tax Conservative eurosceptic promising to turbo-charge economic growth. Her position is the polar opposite of how she started out.

Argentines withdraw US$1 billion from bank accounts amid turmoil

23-08-2022 21:23 More than US$1 billion of dollar deposits have been withdrawn since former economy minister Martín Guzmán resigned in July.

Biting (or braving) the bullet

19-08-2022 13:24 The renunciation of populist utility bill freezes should be hailed. The Frente de Todos government is at least knocking on the door of the real world even if it has yet to make an entrance.

Argentina is running out of cash to stave off devaluation

02-08-2022 18:10 Argentina teeters on the precipice of severe financial crisis. Peso devaluation looms, with potential for hyperinflation.

Argentina pays tribute to icon Eva Peron on 70th anniversary of death

27-07-2022 16:33 Argentina celebrated Eva Peròn on the 70th anniversary of her premature death this week, despite continued economic crises.

Inflation hits 64% year-on-year, analysts fear worse yet to come

14-07-2022 19:05 No respite from price hikes in Argentina: Inflation hit 5.3% in June, increases totalled 36.2% in first half of this year.

Argentina’s economic signals need stronger backing, analysts say

13-07-2022 12:28 Analysts say moderate, prudent policy signals that Economy Minister Silvina Batakis announced Monday lack political support, face execution risks and won’t fix the country’s structural problems.

Resignation, transition, succession: Inside Guzmán's last days and Batakis' first

08-07-2022 09:48 The economy minister’s decision to step down, the reaction to it and how the government found a replacement – inside a momentous week in Argentina.

by Juan Luis González

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.