News of poor

Pope urges more regulation of financial markets

04-05-2021 14:26 Pope Francis called Tuesday for tougher regulation of financial markets in a video message published through his Worldwide Prayer Network.

Global pandemic

Record sovereign defaults in pandemic-hit 2020: S&P

13-04-2021 14:18 Ratings agency S&P there were a record seven defaults on sovereign debt repayments in 2020, the first year of the coronavirus pandemic.

Poverty

Pandemic and economic crisis pushes poverty rate up to 42%

31-03-2021 19:50 More than four in 10 Argentines were living in poverty in the second half of 2020, INDEC national statistics bureau reveals – the highest level since 2004.

TAMING INFLATION

Alberto’s 21st-century agenda?

30-01-2021 07:18 In order to imagine an avant garde agenda worthy of the 21st century, Argentina needs to fix its 20th-century problems.

by Agustino Fontevecchia

Global pandemic

Poverty-stricken Brazilians fear looming end of Covid-19 emergency cash

02-12-2020 14:58 More than 67 million low-income workers receive Covid-19 relief payments in Brazil, which are set to expire at the end of the year. Many of them are fearing what lies ahead.

EDITORIAL

November’s sky is chill and drear

21-11-2020 10:51 With the government falling into line with the quarantine fatigue felt by much of the nation, a vacuum has opened up in the public agenda. There was already plenty of jostling last week to fill it – from both wings of the coalition government.

Global pandemic

Up to 150 million could join extreme poor, warns World Bank

07-10-2020 15:40 Up to 150 million people could slip into extreme poverty, living on less than US$1.90 a day, by late next year, says World Bank.

Poverty

Pandemic’s impact laid bare as poverty rises to 40.9%

30-09-2020 19:33 INDEC national statistics bureau says poverty rose to 40.9 percent in the first half of year, with more than 18 million people in Argentina considered poor.

AS I SEE IT

The cracks keep widening

12-09-2020 10:30 People the world over are getting more irascible by the day, and the unease so many feel is making governments everywhere nervous.

by James Neilson

AS I SEE IT

Culture matters more than computers

08-08-2020 09:51 The technology that provides people with the equivalent of dozens of huge libraries is certainly marvellous, but only those who have already been fairly well educated are able to benefit from having the accumulated wisdom of humankind there at their fingertips.

by James Neilson

Global pandemic

Disease that began among rich shifts to Latin America's poor

29-05-2020 13:04 The virus, initially brought to the region largely by wealthy citizens or visitors coming from Europe and the United States, is now increasingly concentrated in poorer neighbourhoods, where residents have few means of protecting themselves.

Food-purchase scandal

Government under fire for overpaying on food purchases

07-04-2020 17:12 Social Development Minister Daniel Arroyo asks official responsible for overpaying for foodstuffs to resign, amid fierce criticism from opposition.

ECONOMIC INDICATORS

35.5% of Argentines were living in poverty at end of 2019, says INDEC

01-04-2020 23:01 Some 16 million people were considered to be living below the poverty line at the end of 2019, according to official data published Tuesday.

Crisis in Venezuela

UN study: 1 of every 3 Venezuelans is facing hunger

24-02-2020 09:33 The study found that a total of 9.3 million people are moderately or severely food insecure, as wages stay stagnant amid unprecedented hyperinflation.

ELECTION 2019

Return of Peronism raises hopes – and expectations – among downtrodden

30-10-2019 17:49 Sunday's election result has created expectations among segments of poor, low-wage workers and excluded groups of better times ahead. But will rolling back the Macri adminstration's austerity measures be as simple as it sounds?

POVERTY

UCA predicts poverty rate will reach '39% or 40%' by end of 2019

01-10-2019 13:34 Head of Catholic University's influential Social Debt Observatory issues warning after INDEC data published Monday showed 35.4% of Argentines are considered poor.

FINANCIAL TURMOIL

Government tells banks they need approval to move profits overseas

31-08-2019 00:25 Brutal week for peso and reserves closes with first capital control after Central Bank orders financial institutions to seek authorisation before transferring.

BLOOMBERG

'Selective Default': Standard & Poor's cuts Argentina’s debt rating

29-08-2019 20:40 “The Argentine government unilaterally extended the maturity of all short-term paper on August 28. This constitutes default under our criteria,” says ratings agencies.

ECONOMIC CRISIS

Church leaders ask Macri to strengthen food assistance for poor

27-08-2019 17:08 President Mauricio Macri and Church leaders agree to "strengthen efforts to provide food assistance" to the poor and look beyond "political speculation," amid the ongoing economic crisis.

RATINGS AGENCY

Standard & Poor's confirms 'B' rating for Argentina

02-08-2019 10:14 "We are affirming our long-term foreign currency and local currency ratings on Argentina at 'B' and our short-term foreign and local currency ratings at 'B'," the agency said.