CRYPTOCURRENCIES 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
ECONOMIC INDICATORS 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
POVERTY IN THE CAPITAL 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
DISINFORMATION ONLINE 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.
ECONOMIC CRISIS Argentines pawn the family jewels to make ends meet 17-06-2024 14:15 Hundreds of Argentines are selling their jewellery at gold dealerships every day as a last resort to face the economic crisis.
SMALL AND MEDIUM-SIZED ENTERPRISES 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.
POLITICS & ECONOMY 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.
BOOK FAIR 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.
FERIA DEL LIBRO 2024 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.
BOOK FAIR Book Fair: Cultural resistance set to capitalise on unrest 24-04-2024 13:31 At a time of deep economic crisis, the annual Feria Internacional del Libro de Buenos Aires promises to be a space for reflection and debate. A look at the activities, visits and Javier Milei’s upcoming presentation. by Adriana Lorusso
CRIME & SECURITY 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.
FOREIGN POLICY & DIPLOMACY 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.
8M Rally '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
IMPACT OF AUSTERITY 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
#8M: WOMEN'S RIGHTS Feminists ready to rally for rights in face of Milei pushback 06-03-2024 09:37 International Women’s Day takes place this week and feminists across Argentina are ready to take to the streets to highlight the food crisis, the right to abortion, the pay gap, gender violence and much more. by Ashton Goren
War in 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.
ECONOMIC CRISIS 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.
LIVING WITH POVERTY ‘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
POVERTY 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.
IMF DEBT PROGRAMME IMF authorises US$4.7 billion loan tranche, says Milei will remove currency controls 01-02-2024 18:25 International Monetary Fund signs off on fresh loan disbursement and reveals Argentina will lift currency controls this year – though it warns political and social unrest may lie ahead.
BOOKS & LITERATURE 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
GRIPPED BY CRISIS 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
HOUSING CRISIS 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.
ARMED FORCES 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
CROSS-BORDER SHOPPING Uruguayans pile into Argentina to spend record US$1 billion 30-10-2023 11:11 Uruguayans are taking advantage of Argentina's deep economic crisis with food, vacations and shopping costing a fraction of the price back home.
ECONOMY & SOCIETY 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.
BLOOMBERG – ANALYSIS 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.
BUSINESS & REAL ESTATE 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.
Living with inflation 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
DANCE & CULTURE In inflation-hit Buenos Aires, tango enthusiasts sway the blues away 06-09-2023 09:36 Many milongas have had to close amid spiralling inflation, but the biting economic crisis cannot keep tango enthusiasts from heading to the capital's dance halls.
ECONOMIC CRISIS 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
BOOKS & LITERATURE 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
EDITORIAL April showers bring no May flowers 20-05-2023 07:00 There can be no doubt that inflation is public enemy number one.
FIFA U20 WORLD CUP Government creates US$50-million workaround for U-20 World Cup 19-05-2023 13:29 Just two days before the kick-off of the Under-20 World Cup, Argentina's government creates exceptional one-off exchange rate for the import of football equipment.
POLITICS – ANALYSIS Peronism’s identity crisis 06-05-2023 06:29 What is under discussion is much more than a candidacy. It is the search for a new leader who, on their own and without intermediaries, is competitive enough to assume power and unify Peronism. by Gustavo González
CAMPAIGN COMMENTS 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
EDITORIAL 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.
BLOOMBERG – FEATURE 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.
BLACK TUESDAY Massa’s disobedience, Kirchnerite fury and inflation fears 26-04-2023 11:05 Economy Minister Sergio Massa will force a political debate in the wake of exchange rate crisis. Kirchnerism once again points finger at agricultural producers. by Ariel Maciel
Oil corruption Venezuela's oil minister resigns over graft probe 21-03-2023 12:24 Venezuela's oil minister Tareck El Aissami resigned on Monday after prosecutors opened a corruption investigation into officials at the state oil company PDVSA.
ANALYSIS 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 Rises 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.
Politics in Venezuela 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.
EXCHANGE MARKET Argentina’s black-market peso slumps to record ahead of holidays 29-12-2022 15:33 Argentina's black market exchange rate plunged to a record low this week, with the blue dollar hitting 357 pesos per greenback.
Political crisis in Venezuela Decision on future of Venezuela's opposition 'government' postponed 29-12-2022 14:14 Venezuelan opposition leader Juan Guaidó puts off decision on whether his "interim government" should be dissolved.
NEW YEAR APPROACHES World economy faces more pain in 2023 after a gloomy year 27-12-2022 09:56 International Monetary Fund expects the world economy to expand in 2023, with growth of 2.7%. The OECD is forecasting 2.2% growth.
Bloomberg 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.
FOREIGN POLICY 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.
POLITICAL CRISIS IN PERU Mexico, Argentina, Colombia slam Peru’s treatment of Castillo 14-12-2022 10:30 Mexico, Argentina and Colombia throw support behind Pedro Castillo, Peruvian leader impeached last week, adding a new twist to the crisis that has paralyzed swathes of the country and left several protesters dead.
Political relativity Time slows down in the Argentina of the Fernandezes, Massa & Macri 12-11-2022 07:09 Over the last few months, it’s felt as if time has slowed down in Argentina, once again. by Agustino Fontevecchia