News of crisis

UN warns world's water cycle becoming ever more erratic

08-10-2024 15:20 Several tributaries of the Amazon River, one of the longest and most abundant in the world, are in a "critical situation of water scarcity" due to the historic drought affecting Brazil. One of the many water issues plaguing the world right now.

10,000 firms closed, 265,000 registered jobs lost since November

26-08-2024 16:21 Larger firms with more than 500 workers suffered the most and were responsible for the majority of lay-offs, says CEPA report.

Argentina is a record cryptocurrency adopter

25-07-2024 07:06 The country is trending in cryptocurrency savings as residents look to find ways to protect sayings and face inflation. The risks and how you can protect against them.

by Gustavo Winkler

Industry falls off cliff as activity slumps 14% year-on-year

17-07-2024 14:04 Report by UIA Argentine Industrial Union shows a year-to-year collapse of 14% in May.

by Martín Fernández Nadale

Recession hits SMEs hardest: 7 out of 10 report falling consumption

29-05-2024 13:14 Argentina’s deepening recession is hitting the nation’s small- and medium-sized businesses (SMEs or PyMEs) the hardest, according to a new report.

330,000 porteños have dropped out of middle class in last eight years

15-05-2024 16:26 Shrinking middle class in Buenos Aires is explained by a "generalised decline affecting all social sectors, even the wealthiest," concludes new CEM report.

Prison breaks in Buenos Aires: 19 inmates escape in 20 days, many convicts at large

23-04-2024 16:04 Fugitives on the run in Argentina – overcrowding at police stations in and across the capital allows detainees to escape from jail.

President Milei cuts short international trip over Mideast crisis

13-04-2024 21:56 President Javier Milei is ending his international trip early to handle his country's response to the crisis in the Middle East.

Mediators seek Gaza truce as United States calls for 'immediate ceasefire'

04-03-2024 13:04 Mediators in Cairo push towards a Gaza truce after the US, Israel's top ally, stepped up pressure for a halt in fighting and more aid to enter the besieged Palestinian territory.

Multiple demonstrations in Argentina to claim food aid

23-02-2024 17:49 Thousands of people marched on Friday across cities in Argentina to demand extra ood aid for soup kitchens and to reject severe austerity policies.

Is Argentina’s publishing industry at risk of extinction?

22-01-2024 08:05 The abrupt fall of demand from the domestic market, disproportionate increases of the price of paper and fuel, deferred payments in a context that is virtually hyperinflationary, the opening of imports and books on sale, the possible repeal of the Law for the Defence of the Book Industry, a lack of state purchases… a potent cocktail is attacking the entire ecosystem of Argentine books.

by Gonzalo Santos

In danger of extinction? Middle class slammed by crisis and austerity measures

16-01-2024 17:16 The removal of subsidies, rising rent and the increased costs of prepaid healthcare schemes and private schools are slamming the middle class, specialists warn. March will be a difficult month with the start of classes and the billing of basic public services shooting up.

by Agustina Bordigoni

Trash is a lifeline for ‘los cartoneros,’ Argentina’s army of recyclers

20-10-2023 10:52 Argentina’s ‘cartoneros’ emerged in 2001, when the country experienced the worst economic, social and political crisis in recent history. Today, more than 150,000 people face the daily struggle of recycling rubbish in a nation stricken by crisis.

Recession, inflation, devaluation: Economic troubles in 5 charts

19-10-2023 13:46 Argentina’s next president will take over in the middle of a financial emergency — which is par for the course in one of the world’s most dysfunctional economies.

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

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

Out of the pink (house) and into the blue

29-04-2023 06:55 In a country where the urgent almost invariably displaces the important, Alberto Fernández’s premature entry into “lame duck” status has had immediate consequences.

by Michael Soltys

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.

Panic in Silicon Valley

18-03-2023 03:12 The global economy has stepped on another landmine. Increased instability will hurt Argentina, as it did after 2008.

by Agustino Fontevecchia

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.