News of impact

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.

Leaked UN draft climate report: Potential impact for humans

23-06-2021 14:33 Species extinction, ecosystem collapse, crippling health impacts from disease and heat, water shortages, cities devastated by rising seas – all will accelerate in the coming decades, no matter how rapidly the carbon emissions are cut, new report warns.

Covid’s shockwaves took poverty in Latin America to a new nadir

05-05-2021 13:33 The Covid-19 pandemic has sent a wave of poverty racing across Latin America, deepening declines that began over the past decade and consigning millions to lives of deprivation.

Less growth, higher deficit – potential impact of ‘second wave’ lockdown

05-04-2021 16:15 Productive Development Minister Matías Kulfas has ruled out a repeat of 2020’s dramatic shutdown of economic activity; Economists predict that further restrictions would seriously damage rebound.

by Mirta Fernandez

Pandemic deals brutal blow to Argentina’s tourism industry

25-07-2020 07:51 Tourism chambers and agencies call for emergency legislation to protect businesses, with slump in activity expected to shave between one and four percent off Argentina’s GDP this year. More than 80,000 job losses anticipated across sector.

by Fermin Koop

Listen: Interview with Financial Times' chief economics commentator, Martin Wolf

25-04-2020 20:47 Martin Wolf, chief economics commentator for the Financial Times, discusses the coronavirus pandemic and its economic fall-out in an exclusive interview with Perfil co-founder Jorge Fontevecchia.

by Jorge Fontevecchia

Fragile Latin America faces another lost decade – and maybe worse

07-04-2020 17:29 Like most of the world, the region is bracing for the deepest recession in its modern history. Bank of America expects a 4.4% slump in output this year as the coronavirus epidemic spreads.

Latin America's biggest cemetery braces for impact

02-04-2020 18:10 Brazil's Vila Formosa cemetery, the largest in Latin America with an area of 780,000 square metres and where more than 1.5 million people are buried, has had a 30% increase in burials since the beginning of the Covid-19 pandemic.