News of impact

IMF admits Ukraine war will impact targets in Argentina’s new programme

18-03-2022 17:50 International Monetary Fund admits economic consequences of Russia's attack on Ukraine will likely impact upon targets outlined in Argentina’s new financing programme.

BLOOMBERG

Just a year of Brexit has thumped UK’s economy and businesses

22-12-2021 09:31 In the months after Boris Johnson signed his post-Brexit trade deal with the European Union, the coronavirus masked the economic damage of leaving the bloc. As the pandemic drags on, the cost is becoming clearer – and voters are noticing.

NEW STUDY

World Bank: 40% of households in Argentina lost income during pandemic

30-11-2021 21:56 According to the World Bank, "food insecurity" almost doubled in Latin America and the Caribbean during the pandemic, with almost 40% of homes in Argentina hit by a drop in earnings.

BLOOMBERG

La Niña arrives, threatening to stoke droughts and roil markets

14-10-2021 16:12 A weather-roiling La Niña appears to have emerged across the equatorial Pacific, setting the stage for worsening droughts in California and South America and greater risks for the world’s already strained energy and food supplies.

PASO 2021: OPINION & ANALYSIS

November repeat would leave Frente de Todos losers in both Houses of Congress

14-09-2021 15:20 With their lower house margin potentially down to one deputy and the possible loss of a comfortable Senate majority, the ruling coalition emerges badly damaged from last Sunday’s PASO primary voting.

by Gabriel Ziblat

MESSI MOVES TO PSG

Argentines celebrate 'new stage' in Messi's career ahead of PSG move

10-08-2021 17:56 Argentina reacted with joy and pride as Lionel Messi arrived in France on Tuesday ahead of his move to Paris Saint-Germain.

ENVIRONMENT

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.

ENVIRONMENT

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.

ENVIRONMENT

Crushing climate impacts to hit sooner than feared, says draft UN report

23-06-2021 14:24 Hunger, drought and disease will afflict tens of millions more people within decades, according to a draft UN assessment that lays bare the dire human health consequences of a warming planet.

POVERTY & THE PANDEMIC

Child labour has soared during pandemic, says new poll

29-05-2021 11:07 Child labour in Argentina now reaches a 10th of all children in the 5-15 years age group and 30 percent of adolescents aged between 16 and 17.

by Clara Fernández Escudero

Coronavirus crisis

11,800 restaurants and hotels have closed during pandemic

29-05-2021 11:01 FEHGRA chamber group says 3,800 establishments have shut their doors already this year, following 8,000 closures in 2020. Approximately 175,000 jobs have been lost in the process.

POVERTY & THE PANDEMIC

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.

COVID-19 'SECOND WAVE'?

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

ENVIRONMENT

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.

US ELECTION 2020

US vote to shape how world warms as climate pact exit looms

02-11-2020 17:10 The two US presidential candidates have stark differences on fighting human-caused climate change. Experts say the outcome of Tuesday's election will determine to some degree just how hot and nasty the world will get in the future.

Global pandemic

Latin America's virus victims, and the spaces they leave behind

25-09-2020 12:11 Global deaths from the coronavirus have almost reached the grim threshold of one million. Around one-third of fatalities were in Latin America, where countries with overstretched medical resources are preparing for a further onslaught.

TRAVEL & TOURISM

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