News of impact

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

Periodismo Puro / Interview

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

ECONOMIC INDICATORS

Poverty will likely climb to 45% as result of lockdown, says UCA

24-04-2020 00:44 Agustín Salvia, director of UCA’s influential Social Debt Observatory, says poverty rate in the first quarter of the year will likely rise to around 45% amid coronavirus pandemic.

LATAM & THE PANDEMIC

IDB: Latin America’s GDP could slump by 5.5% this year

11-04-2020 09:50 Argentina’s economy will shrink between five and seven percent, according to predictions, compared to projections of a 1.5% drop before the Covid-19 outbreak.

EXCLUSIVE INTERVIEW

Levy Yeyati: 'We’re only just starting to perceive the costs of this crisis’

11-04-2020 08:43 Economist and professor Eduardo Levy Yeyati discusses the impact of the Covid-19 pandemic and gives his view on the government’s measures to tackle the spread of the virus in Argentina.

by Fermin Koop

BLOOMBERG – ANALYSIS

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.

Coronavirus pandemic

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.

BLOOMBERG

Argentina's beef exports to China stumble due to coronavirus

18-02-2020 12:21 South American meat exporters are seeing a sharp slowdown in trade with the Asian nation as the coronavirus disrupts shipments. One industry leader says exports have almost ground to a halt.