News of impact

'We don't eat lithium': Latin America longs for benefits of metal boon

27-10-2022 18:08 Global demand has exploded for lithium – the "white gold" found in huge quantities in Argentina, Bolivia and Chile. But in Latin America's "lithium triangle," there are growing concerns about the impact on regional groundwater sources and doubts about whether the benefits of a metal bonanza will truly local communities near plants, many of whom live in poverty.

ECONOMY & ENVIRONMENT

Climate and spills in focus as offshore oil gathers pace in Argentina

24-09-2022 06:01 Argentina's government has awarded dozens of tenders to explore for oil in the country’s waters, unleashing conflicts among companies, civil society and the state itself.

POVERTY

2,800 Argentines slipping into poverty every day, experts warn

23-06-2022 23:20 Private estimates reveal horrifying social data underlining that being employed, whether formally or informally, is no guarantee against being poor. With annual inflation approaching three digits and sustained price increases for food and beverages above the monthly average, family incomes are increasingly falling short.

by Gonzalo Martínez

WORLD ECONOMY

How do interest rates affect the real economy?

16-06-2022 12:42 Faced with the highest inflation in four decades, central banks in the United States, eurozone and UK are hiking interest rates in order to contain inflation.

IMF DEBT DEAL

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