News of global

Global energy crisis comes to drought-stricken South America

04-10-2021 20:39 The energy crisis sweeping the globe is about to hit South America, where a historic drought has the region desperate to replace a collapse in hydroelectric generation.

Poverty in Argentina reached 40.6% in first half of 2021

01-10-2021 21:00 INDEC data shows extreme poverty in Argentina rose to 10.7% of population by end of June; Poverty rate down 1.4 percentage points from the second half of 2020.

UN report: Human role in global warming overwhelming and ‘unequivocal’

13-08-2021 22:46 Climate scientists reach ‘unequivocal’ consensus on human-made warming in landmark IPCC report.

Four billion anti-Covid vaccine shots now injected worldwide

29-07-2021 11:28 Although more than four billion doses of anti-Covid vaccines have been administered around the world, poorer countries are still struggling to secure precious shots.

Global tax floor of 15% would be ‘too low,’ says Guzmán

29-06-2021 08:37 Economy Minister Martín Guzmán says Argentina's position is that a global floor of 15 percent for corporate taxation would be “too low.”

Leaked UN draft climate report: Potential economic impact

23-06-2021 14:49 Climate-boosted extreme weather events – cyclones, droughts, flooding – have already sapped both short- and long-term economic growth, especially in developing countries, says new UN report.

Countries mull WHO reform and how to rebuild post-Covid world

24-05-2021 11:02 Vaccine sharing, strengthening the WHO and adopting a pandemic treaty among proposals from world leaders addressing how to halt the Covid-19 pandemic and prevent future health catastrophes.

Thinking green or greenbacks

24-04-2021 00:19 Argentina’s vision cannot afford to remain stuck in the 1970s of OPEC and ideological strife in energy any more than political terms – this country offers enormous potential for renewable energy.

Vaccine delays threaten economies hardest hit by pandemic

23-02-2021 12:24 Latin America and the Caribbean, the region where the coronavirus caused the worst economic destruction and more than a quarter of the world’s deaths, is now falling victim to a slow inoculation campaign.

Scientists reveal impact of climate change on Antarctic phytoplankton

18-02-2021 23:52 Argentine scientists reveal that rising temperatures and diminished salinity have altered phytoplankton in the Antarctic.

Global Covid-19 death toll passes two million

16-01-2021 07:37 The global death toll from Covid-19 passed two million on Friday, with the WHO urging mass vaccinations.

Argentina seeking US$5 billion from multilateral banks for 2021

22-12-2020 20:41 Argentina is seeking about US$5 billion for next year from multilateral organisations other than the International Monetary Fund, reports Bloomberg.

World leaders congratulate Biden, call for on unity, cooperation

08-11-2020 08:22 World leaders, including President Alberto Fernández, congratulate president-elect Joe Biden on victory in US election, with many expressing hopes of unity and cooperation following four years of Donald Trump diplomacy.

IMF envisions a sharp 4.4% drop in global growth for 2020

13-10-2020 11:39 International Monetary Fund predicts steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession. Argentina's economy now forecast to contract by 11.8%.

World economy seen withstanding virus better than forecast

16-09-2020 15:35 OECD upgrades the global outlook, but makes huge downward revisions to a number of emerging markets. India, Argentina, Mexico and South Africa will suffer more than predicted in June, it says.

UN report: Increased warming closing in on agreed upon limit

09-09-2020 08:37 A hotter world is getting closer to passing a temperature limit set by global leaders five years ago and may exceed it in the next decade or so, according to a new United Nations report released on Wednesday.

Argentina asks for help as Saudi hosts G20 virtual talks on virus recovery, debt crisis

18-07-2020 07:00 Foreign Minister Felipe Solá says he will urge the G20 to set up a global "solidarity-based fund" to address the increase in poverty in virus-battered countries.

UN: World could hit 1.5-degree warming threshold by 2024

12-07-2020 16:32 The world could see average global temperatures 1.5 degrees Celsius (2.7 Fahrenheit) above the pre-industrial average for the first time in the coming five years, U.N. weather agency warns.

We don’t have what it takes to face this economic crisis

11-04-2020 08:18 It is difficult to envision how Argentina, the region and the world will come out of this mess unless a generalised, global set of solutions is put on the table.

by Agustino Fontevecchia

Government advisor on Covid-19 warns against breaking quarantine

10-04-2020 21:09 “We have gotten through the first phase relatively well, but it’s super important that we don’t relax and that we comply with the public health measures” says a member of the government task force on the Coronavirus pandemic.