News of crisis

Canada's next PM Mark Carney vows to 'win' US trade war

10-03-2025 12:52 Liberal Party elects former investment banker Mark Carney to succeed Canada Prime Minister Justin Trudeau for his combative anti-Trump rhetoric.

Ecuador's wild west shows limits of Noboa's 'iron fist'

13-02-2025 14:40 As gang violence kills neighbours and levels homes, frightened residents of Ecuador's Puerto Bolívar coastal city doubt President Noboa's promise of safety.

Purchasing power loss slumps to levels not seen since 2001 crisis

28-11-2024 00:06 Soaring utility bills and basic shopping-basket prices have eroded the capacity of families to buy everyday goods. Minimum wage has fallen 28% in terms of purchasing power over last 12 months, UBA report finds.

Peru braces for Bolivian migration wave amid turmoil

12-11-2024 11:25 Peru, along with other Latin American nations, are cautiously monitoring economic and political instability in Bolivia.

Mondino faces virtual paralysis of Argentina’s diplomatic corps

21-08-2024 12:48 Union grouping Foreign Service employees launches strike action to press a series of pay demands. Government’s restoration of income tax has a heavy impact on the salaries of those representing the country abroad.

by Pablo Varela

Maduro risks regional rift in stand-off at Argentine Embassy in Caracas

31-07-2024 16:40 A brewing stand-off at Argentina’s embassy in Caracas, where aides to Venezuela’s opposition leader are holed up, threatens to further isolate authoritarian President Nicolas Maduro.

Crisis creating 300 more homeless each month in Buenos Aires City

17-07-2024 06:57 The number of people sleeping rough in the nation’s capital is rising by 10% a month, according to Buenos Aires City Security Minister Waldo Wolff.

by Ramón Indart

Misinformation about Spanish PM online reinforces Milei discourse

24-06-2024 16:04 Various online posts helped fuel the recent diplomatic crisis between Spain and Argentina, with President Javier Milei and officials in Prime Minister Pedro Sánchez’s government pouring fuel on the flames.

Book Fair attendance down 10% amid economic crisis

13-05-2024 15:47 Just over 1.1 million people visit La Rural exhibition centre for Feria del Libro – drop of almost 10% on last year.

Buenos Aires' iconic Book Fair caught between crisis and Milei controversy

06-05-2024 16:21 Buenos Aires' iconic Book Fair, which runs until May 13, is caught between economic crisis and controversy over President Javier Milei's cancelled appearance.

'We will be a tsunami' – Green tide fills streets surrounding Congress on 8M

09-03-2024 19:48 Thousands of women of all ages demonstrated near Congress to make their slogans against sexist violence heard.

by Sabrina Chemen

Financing the fiscal surplus: Stories behind reduction in state spending

08-03-2024 08:52 Argentina recorded its first monthly budget surplus in nearly 12 years in January, President Milei’s first month in office. But according to one analysis, a third of those spending cuts came from a refusal to update pension payments for inflation. A look at the faces behind the figures.

by Agustina Bordigoni

‘Comedores’ in crisis: Emergency food aid at risk from cuts

15-02-2024 16:30 Milei government’s move to suspend aid to soup kitchens and introduce a new system to ‘cut out the middleman’ damages emergency food assistance efforts.

by Agustina Bordigoni

More hunger, less money: Soup kitchens count rations

15-02-2024 00:33 At community meal centres across Argentina, a dual crisis is biting: the influx of ever more hungry mouths to feed during an economic crisis, and a decision by President Javier Milei's new government to freeze their aid.

Tenants in Buenos Aires 'desperate' amid inflation and housing crisis

15-01-2024 15:09 Argentina's housing crisis, set against a backdrop of 211% inflation per annum, with rent charges soaring and prices increasingly set in dollars, is leaving tenants feeling helpless.

Military issue: The trauma affecting Argentina and its Armed Forces

01-01-2024 01:25 In countries such as Brazil, the United States or Israel, entering the military is often a prestigious and profitable career path, one frequently chosen by individuals across different social classes and strata. But in Argentina, where the shadow of the dark era of the 1976-1983 dictatorship looms large, mistrust of the military remains high.

by Sabrina Chemen

Ex-Soros partner surfs Argentine crisis with real-estate empire

03-10-2023 12:43 Eduardo Elsztain avoided speculative investments in stocks, bonds and derivatives as he built up his empire over the last 30 years. Now his real-estate company IRSA Inversiones y Representaciones is booming, even as Argentina enters recession.

The Odyssey: Making it to the end of the month amid runaway prices

07-09-2023 12:56 Six Argentines share tips on living with inflation and coping with escalating prices. Recipes for trying to reach the end of the month are very varied, ranging from cutting back on car insurance, not buying clothes, wrapping up to save on gas or disposing of assets to cover debts. Many employees, including skilled workers, don’t manage to reach the end of the month, or at least not without taking on a little debt.

by Agustina Bordigoni