2015 January - Prominent prosecutor Alberto Nisman is found dead in mysterious circumstances, after accusing the government of a cover-up over the country's worst terrorist attack - the 1994 bombing of a Jewish community centre in Buenos Aires that left 85 people dead. The incident created a diplomatic rift between the two countries. Argentina | The devaluation plunged the banking industry into crisis and wiped out much of the savings of the middle class, plunging millions of Argentinians into poverty. Barely a week goes by in which she doesn't do something that raises questions about her political wisdom and emotional stability. With a margin of 37 percent, it was the widest victory since Argentina restored its democracy in 1983. Join FPs Ravi Agrawal in conversation with Wang for a discussion about Chinas technological rise and whether U.S. actions can really stop it. For a British government reeling from its failure to foresee the invasion, humiliated by the Argentine coup de main, it was a lifeline, A key United Nations think tank that has been very bullish about Latin America in recent years is sounding a little less optimistic about the region's economies for 2012. 1949 - A new constitution strengthens the power of the president. 2006 January - Argentina repays its multi-billion-dollar debt to the IMF. Pakistan | Shops and banks closed their doors, as did educational and leisure centers, and the only businesses that were able to remain open were those providing essential services, such as supermarkets and drugstores. Your destination may require travel insurance, Argentina signals breakthrough 'understanding' with IMF in $40 billion debt talks, Out of 118 countries, these are the top 5 for road trips in 2022, Thinking about a 'workation'? Because of the states fiscal deficit and lack of resources, the government temporarily resorted to printing more pesos to cover the costs of the pandemic. Austria | The industry leader for online information for tax, accounting and finance professionals. After the announcement, Fernndez fired YPF's chief executive, Sebastin Eskenazi, and replaced him with two of her top aides, Julio de Vido and Axel Kicillof. In 2019, Argentina closed the year with 25.6 percent of the population, 9.9 million people, in poverty. At first the industries were closed, then the businesses were closed, and in the end there were many people who were left without work, she added, referring mainly to the small businesses that had to close down and to the independent and informal workers. An expert's point of view on a current event. In Jan. 2006, Argentina paid off its remaining multi-million IMF debt early, a dramatic move that not all economists thought was beneficial. One month after the introduction of the quarantine, Argentina had 3,031 infections and 142 deaths, and for a country of more than 40 million people, these figures were very encouraging. By signing up, I agree to the Privacy Policy and Terms of Use and to occasionally receive special offers from Foreign Policy. At least 15,000 people were killed or disappeared in that war, although human rights advocates say that figure is low and the actual number is closer to 30,000. But there is a growing debate over whether it will help or hurt this country's leftist-populist government, The Argentine-British dispute over the Falkland/Malvinas islands is once again heating up, and the latest events point at a new diplomatic setback for Argentina's legitimate claims over the South Atlantic islands. HEALTH | U.S. State Dept. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Delivered Thursday. United Kingdom | Keep up with the world without stopping yours. In 2006, Nisman officially accused Iran's government of planning the AMIA bombing and Hezbollah for executing it. As a strategic consensus emerges in Europe, France is in the way. Solar panels - an eco-disaster waiting to happen? India | Then the extension of the limitations to economic activity worsened the previous scenario, with the aggravating factor that without access to debt or savings, all the compensatory measures were and are still being made by expanding public spending financed from the Central Bank, with the issuance and placement of debt in the financial system.. On May 17, 2013, military leader Jorge Rafael Videla passed away while in the Marcos Paz prison in Buenos Aires. Phase one of the quarantine, which lasted until April 12 throughout the country and has recently been reinstated in areas seeing new waves of infection, demanded a near-total cessation of economic activity in the country. Why has the U.S. turned a blind eye to two successful, and one attempted, coups in the last three years? The problem is that there was another very large sector of low-income people who could not access the IFE, said Giarrizzo, noting that the high number of undocumented people in the country means that a significant sector of the population is left without this type of assistance. 2016 February - Argentina agrees to settle multi-billion-dollar dispute with US hedge funds over bond repayments, which had restricted the country's access to international credit markets. 2009 December - Argentine parliament passes law claiming Falkland Islands and several other British overseas territories in the area. Despite the introduction of several tough economic austerity plans, by 2001 the recession had slid into its third year. Canada | Privacy, Argentina Celebrates After Messi Seals 2-1 Victory Over Bosnia, 2014 World Cup Photos - Argentina vs Bosnia and Herzegovina, Argentina has a lot in Common with Justin Bieber, Latin American Inventors Thrive in United States, Who's Winning, Who's Losing Innovation Race, South America May Not Head Zimbabwe's Way, Argentina and Uruguay May Co-Host 2030 World Cup, Pope Francis' First 100 Days Give Signs of Hope, Argentine President May Be Hurt by 'Francismania', Argentina Shoots Itself in the Foot Over Falkland/Malvinas Islands, United States - Europe Deal Will Impact Latin America, Argentina-Iran Deal Makes a Mockery of Justice, Argentine Pope Could Impact Politics in Latin America, Pope Francis Staunch in Conservatism and in Defense of the Poor, Argentina's Leader Populist, But No Longer Popular, The Falklands Referendum: A Hemispheric Balancing Act, College Rankings Should Alarm Latin America, Latin America's Challenge: The 'Boring Stuff', Latin American Region Shares Blame for Paraguayan Crisis, United States Unlikely To Condemn Argentina's 'Outlaw Behavior' -- Yet, Latin American Countries Raising Trade Barriers Despite Vows to 'Connect The Americas', Argentina Hurts Itself in Falklands/Malvinas, Latin America Still Growing, But Economic Fiesta Is Over, Latin America is Beating Poverty -- Sort Of, A Call for an Enlightened Foreign Policy toward Latin America, Condoleezza Rice Book Shows 'Inattention' to Latin America, A President-for-Life in Argentina? With a little under a year remaining until the next U.S. presidential election, a coherent and sustainable area policy toward Latin America remains absent from the campaign literature and both parties' electoral strategies, Condoleezza Rice, whose boss President George W. Bush vowed during the 2000 campaign to make Latin America a 'fundamental commitment' of his presidency, devotes only two of the 58 chapters of her memoir 'No Higher Honor' to the region. Pandemics English Espaol Longstanding human rights problems in Argentina include police abuse, poor prison conditions, and endemic violence against women. The trans-Atlantic alliance NATO has formally declared China a strategic threat, but there are also emerging gaps in how various European capitals and Washington want to engage with Beijing. In 2010, Argentina was shocked when Fernndez's husband, the country's previous president, died of a heart attack at age 60. Ireland | Restrictions on abortion and difficulty accessing. Although she is as much a nationalist as her husband and refuses to get involved with the IMF, Fernndez has shown interest in forging closer ties with the United States, Europe, and Brazil. Get this delivered to your inbox, and more info about our products and services. Contrary to what one might think, the general sense of hopelessness is not due to the economy. Brazil's central bank chief Roberto Campos Neto expressed his opposition on Friday to the creation of a common currency, stating that in the era of digitalization it is unnecessary to have a shared currency for its purported benefits. But, just as important, countries in Latin America should be spending more of their energies into updating their Internet technologies, What's most interesting about the World Bank and International Monetary Fund economic projections is not that they forecast a slower-than-expected growth in Latin America for 2014 - we already knew that - but that they foresee a rebound in 2015 and 2016, Some of the best-known international institutions have just released their economic forecasts for Latin America in 2014, and most of them agree that this will be a better year than 2013 in the region. Incumbents [ edit] President: Alberto Fernndez Vice President: Cristina Fernndez de Kirchner Governors [ edit] Governor of Buenos Aires Province: Axel Kicillof Governor of Catamarca Province: Ral Jalil Governor of Chaco Province: Jorge Capitanich Governor of Chubut Province: Mariano Arcioni As a result China has been forced to look abroad for its animal feed, in particular for soya beans, Lionel Messi made history anew when he became the first player to capture FIFA's prestigious Ballon d'Or title for a fourth time. 1880 - Start of decades of liberal economic and immigration policies that lead to rapid income and population growth as well as progressive education and social policies. Need a reference? And sometimes Chinas strategy beats Americas. The death of former Argentine President Nestor Kirchner will most likely make it difficult for current President Cristina Fernandez -- his widow -- to govern, and may speed up Argentina's reluctant insertion into the global economy. On October 23, 2011, President Cristina Fernndez de Kirchner was easily re-elected for a second term. Argentina's Peronists have swept back into power, electing Alberto Fernandez president in an election result that shifts the country . 1912 - Full adult male suffrage introduced. Argentine President, Cristina Fernandez is reversing some of the populist policies that defined her first six years in power and will have little choice but to stick to the new, more pragmatic path, Granted, the world needs to find new ways to protect itself from any government intrusion. In July 2014, Standard & Poor's declared that the country was in default on some of its obligations after the government failed on an agreement with a group of bondholders. Taiwan | The Barcelona forward beat Real Madrid's Cristiano Ronaldo and teammate Andres Iniesta, In most Latin American countries, companies complain about the shortage of well-trained engineers. August 27, 2020, 4:35 PM The Argentine government has taken a harsh approach to the coronavirus from the startbut the economic costs are now coming due, with disastrous consequences. Duhalde soon announced an economic plan devaluing the Argentine peso, which had been pegged to the dollar for a decade. Our editors update and regularly refine this enormous body of information to bring you reliable information. Rioters protesting government austerity measures forced De la Rua to resign in Dec. 2001. Israel | 2018 May - Government raises interest rates dramatically in an effort to shore up the tumbling value of the peso currency. 2015 November - Conservative Mayor of Buenos Aires Mauricio Macri beats Peronist Daniel Scioli in run-off presidential election, takes office in December. 1966 - General Juan Carlos Ongania seizes power after years of unstable civilian government. Across Latin America, governments are hailing security gains against organized criminal groups. A member of the Republican Proposal party, Marci became Argentina's first non-radical or non-Peronist party president since 1916. We must give credit to populist leaders in Latin America for doing a masterful brainwashing job -- they have somehow convinced millions that there is a huge world capitalist media conspiracy out there, Few paid attention to a news item that should have raised eyebrows -- a new ranking of the world's best universities shows a near total absence of Latin American schools, We all know what conventional economists say about the future of Latin America: countries that pursue populist policies will go downhill, whereas countries that pursue 'responsible' economic policies will do great, With financial crises spreading across the globe, lessons from Uruguay and Argentina appear paramount in formulating an alternative method for recession-recovery economics, Excuse my impertinence, but Brazil, Argentina, Colombia and several other Latin American countries deserve much of the blame for the recent forced exit of former Paraguayan President Fernando Lugo, The biggest economic bonanza in Argentina's recent history has suddenly turned into a sharp downturn, and optimism has given way to general anxiety, if not panic, A U.S. congressional proposal aimed at expelling Argentina's populist-leftist government from the G-20 group of the world's leading economies faces an uncertain future, not the least because it lacks significant support from unexpected quarters, The rising trade barriers that Argentina is erecting to protect their industries imports are causing growing concern in the hemisphere, One thing seems clear: Argentina's government is pursuing the worse possible course to recover the British-controlled South Atlantic islands, Most UN resolutions matter little. Two months later, the Senate unanimously passed a law allowing people to alter their gender on official documents without psychiatric diagnosis or surgery. The new rule allowed any victim of rape to receive an abortion without a court order. This one was an exception. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Email Alerts | Kirchner vowed to aggressively reform the courts, police, and armed services and to prosecute perpetrators of the dirty war. Some allies are even reconsidering the primacy of relations with the United States, Following the recent decisions by Brazil, Argentina, Chile, Bolivia and Ecuador to officially recognize a state of Palestine, supporters of the Palestinian cause are preparing for their next big step: a South America-wide declaration recognizing a Palestinian state in a territory that would include East Jerusalem and other territories currently held by Israel, Women leaders do not by definition implement policies promoting women's rights, President Cristina Fernndez de Kirchner's decision to nationalize Argentina's biggest oil company has placed her nation in the camp of Latin America's radical populist countries, Chile's support is crucial in the longstanding dispute between Argentina and the United Kingdom, Argentina once again attracted unwanted international attention following another disastrous commuter train crash that claimed 50 lives and injured more than 600 people, Regionalists need a reminder that development doesn't end politics and that contemporary Latin America has its own power dynamics, President Obama's announcement that he will seek to create what may be the world's largest trading bloc along the Pacific rim raises an interesting question in this part of the world: whether we will see a de facto split of Latin America into a Pacific and Atlantic bloc, Argentine President Cristina Fernandez de Kirchner was re-elected by one of the widest margins in the country's history. Create an FP account to save articles to read later and in the FP mobile app. Prosecutor Viviana Fein began an investigation into Nisman's death to determine if it was a suicide, a forced suicide, or murder. Four children died and a man was missing after 11 people fishing on the shore of the St. Lawrence River in Canada's Quebec province were swept away by a tide, police said on Saturday. After decades of peace and economic development, why is the United States engaged in a major military buildup in Latin America? 2023 Guardian News & Media Limited or its affiliated companies. But there are also signs that he may bring about a change in substance, It's no wonder that protesters in Brazil held signs reading 'more education, less soccer,' or that there are constant teacher strikes in Argentina, Chile, Venezuela and Mexico - Latin American schoolteachers are among the most miserably paid in the world, Latin American presidents who support decriminalization of marijuana won a big diplomatic victory in recent days when the 34-country Organization of American States issued a report that considers that option as one of several policies that might help reduce the region's drug-related violence, The highly respected Nature Scientific Reports journal has just published a map of the world's leading science cities, and it looks pretty bad for emerging countries: It shows the planet's northern hemisphere full of lights, and the south almost solidly dark, After the election of Argentine Pope Francis, the euphoria over his designation - or 'Francismania' - has unleashed a wave of Catholic fervor in Argentina. Argentina's nationalization of a renegade energy company evokes outrage in the international press, Latin American countries are forging a multi-polar world in which the U.S. looks increasingly out of touch, This time 10 years ago, Argentina was sinking under the weight of its debts and hardly anyone was watching. That's about 15 pages of the 766-page book, plus a few sporadic references here and there. We've got you covered with our map collection. The official exchange rate of the Argentine peso to the U.S. dollar depreciated 14.7 percent in 2021 compared to 2020. HOME | Its the number of companies that have stopped producing, or that cant produce because theyre not yet operational, and that are unlikely to reopen after the quarantine. And the experience of China, India, Taiwan, and other Asian countries shows that producing large numbers of engineers pays off, Perhaps Secretary of State John Kerry's lack of attention to Latin America might not be so bad after all - it is moving Vice President Joe Biden to get more involved with the region, and may help turn U.S.-Latin American relations into a White House foreign policy priority. 1951 - Peron is re-elected with a huge majority, but his support begins to decline after Evita dies the following year. Date: Fall 1947. Since 2007, the poverty rate has been cut by more than half. 1982 April - Argentine forces occupy the British Falkland Islands, over which Argentina has long claimed sovereignty. See here for a complete list of exchanges and delays. In response, China has accelerated its own efforts to develop its technological industry and reduce its dependence on external imports. Check ourencyclopedia for a gloss on thousands of topics from biographies to the table of elements. Argentina elects new Peronist president amid economic crisis. But are the U.N. figures about Latin America as great as they sound? Mr Yrigoyen is elected again in 1928. As of July 26, 2022, the official exchange rate is approximately US$1:AR$136, while the parallel CCL rate is US$1:AR$326 Yet in spite of more arrests, criminal networks are stronger and criminality just as pervasive, suggesting that another reality lies behind the numbers. Cabinet Chief Jorge Capitanich called it "an active judicial coup." The latest breaking news, comment and features from The Independent. The IFE improved the situation of the lower sectors, and many of these people were able to live even better than before the quarantine. Rioters protesting government austerity measures forced De la Rua to resign in Dec. 2001. 2017 October - Mr Macri's coalition wins decisively in a parliamentary election seen as a referendum on his market reform policies. Poverty is defined as not being able to afford a basic basket of goods defined by the government; as the peso has been devalued, prices have risen, and wages have remained stagnant, driving more people into poverty. In March 2012, the Supreme Court unanimously ruled that rape victims can get an abortion. Before the default, the peso had fallen by 25% against the dollar in 2014. In what ways are they reassessing their relationships with the worlds largest economic superpowers? Beyond Argentinas initial success, this scenario didnt last. South America Estimates put child poverty at 63 percent at the end of 2020, affecting 8.3 million children and adolescents, said Sebastin Waisgrais, a monitoring and social inclusion specialist at UNICEF, adding that the increase in poverty is a direct consequence of the sharp drop in economic activity. Or is it World Bank wishful thinking? Her government reacted angrily to the news. 29 May 2023 18:24:43 Video, A rare insight into Hitler's private life, Huge anti-government protest in Polish capital Warsaw, War with US would be unbearable disaster - China minister, Harry finally faces questions in hacking case showdown, Oil production to drop after Opec+ nations meet, Man charged over '97' football shirt at FA Cup final. 2001 October - The opposition Peronists take control of both houses of parliament in congressional elections. The IMF gave Argentina $13.7 billion in emergency aid in Jan. 2001 and $8 billion in Aug. 2001. In Argentina, where soccer and politics are so closely intertwined, the humiliating defeat of superstar coach Diego Maradona's national team in the World Cup could be an excellent opportunity for the country to rethink its worship of individualism over teamwork. Philippines | He was serving a life sentence for crimes against humanity for his role in political killings and disappearances during Argentina's Dirty War in the 1970s. Typically, a judge ruled for the abortion only if the woman had mental disabilities. Stay updated on the topics you care about with email alerts. Want to read more on this topic or region? Got a confidential news tip? President Barack Obama's vow in his State of the Union address to seek free trade deals with Asia and Europe has raised a thorny question south of the U.S. border: Will Latin America find a place in the new global economy of giant trade blocs? English Espaol Longstanding human rights problems in Argentina include police abuse, poor prison conditions, and endemic violence against women. Argentina, which once was one of the world's richest countries, is suffering from an educational debacle. A volunteer church worker delivers a box with food supplies at the Villa 31 shantytown, amid the lockdown in Buenos Aires, Argentina, on July 25. Click + to receive email alerts when new stories are published on 2001 December - IMF stops $1.3bn in aid, banks shut down. Farmers protesting tax increases on export goods went on strike in early 2008, causing highways to be shut down and severe food shortages nationwide. Its also affecting productive sectors, limiting consumption capacity, which is essential for the economy to recover. In July, after months of protests and strikes by the farmers, the government, led by Vice President Cobos, sided with the farmers and voted against the president's proposed increase on the agricultural export tax. 1816 - Independence declared, followed by decades of turmoil, attempted foreign intervention, and civil war between centralist and federalist forces. A former U.S. ambassador, an Iran expert, a Libya expert, and a former U.K. Conservative Party advisor weigh in. Public and private medical practitioners are now required to give free hormone therapy and gender reassignment surgery to all transgenders who desire it, including anyone under the age of 18. Looking at seasonally adjusted monthly data, Argentina's current downturn is sharper than the economic collapse between 1998 and 2002, when the country's currency peg system collapsed. But there was one group these measures couldnt reach. morning, Available for everyone, funded by readers. Anti-Kremlin fighters 'capture' Russian soldiers, Signal fault likely cause of rail crash - India minister, 'I pray that we find him': Desperate hunt for the missing. Civilian rule is restored in 1932, but economic decline continues. The government also increased food plan allocations, provided extraordinary bonuses for different types of casesfrom retirees to health workersand imposed measures such as making it impossible for companies to invoke force majeure (an exception to the countrys tight labor laws that allows companies to lay off workers due to situations that are not under their control) to dismiss their workers until July 31. A pope from Latin America brings to Rome an attunement to the nature of poverty. 2001 July - Much of the country is brought to a standstill by a general strike in protest against proposed government spending cuts. President Fernndez initially declared it a suicide, but then reversed her statement on Jan. 22, 2015, saying that she believed it was not a case of suicide. One leading figures is Colonel Juan Peron. Delivered Wednesday. Delivered Friday. The latest news, analysis, and data from the country each week. Caesarean by phone light - giving birth in a warzone. Argentina then defaulted on its $155 billion foreign debt payments, the largest such default in history. Argentina's economy is expected to grow 8 percent in 2011, making it the fastest growing country in Latin America. Condoleezza Rice, whose boss President George W. Bush vowed during the 2000 campaign to make Latin America a 'fundamental commitment' of his presidency, devotes only two of the 58 chapters of her memoir 'No Higher Honor' to the region. When most Latin American countries were just becoming aware of the looming threat, Argentina was already closing its doors. It suggests that Brazil may become 'the next university superpower', I read a press report that Brazil's tourism minister was illegally using a government driver as his wife's private chauffeur. Australia | 2013 March - Falkland Islanders vote overwhelmingly in favour of remaining a British overseas territory. It says that, contrary to the recent conventional wisdom, raw materials can be the engine of long-term economic growth. The dictatorship of General Jorge Videla was characterised by the 'Dirty War' in which opponents were eliminated, Argentina seized the Falkland Islands in 1982, sparking a 10-week war. If we talk about a 20 percent drop in the economy, its probably less, but it would be a 30 percent drop in the best salaries, said Navarro, who led the team that conducted the study. In the 2001 crisis, the government had a huge tailwind with the commodity boom, which had a very positive impact on all of Latin America, said Navarro, adding that the foreign market no longer moves that way. Argentina accused the United States military of bringing in guns and surveillance equipment under the guise of a training course. A new United Nations report has good news for Latin America: it says that poverty levels in the region have dropped to their lowest levels in 20 years. U.S. State Dept. 1994 - A Jewish community centre in Buenos Aires is bombed, 86 people are killed, and more than 200 injured in Argentina's worst terrorist atrocity. The quest persists to hold those accused of crimes against humanity accountable. 1861 - State of Buenos Aires finally reintegrated with Argentine Confederation to form a united country. The number of infections and the rapid spread of the virus mean that even today more than 30 percent of the countrys population remains under strict quarantine. 2019 October - Peronist candidate Alberto Fernndez wins the presidential election, becoming the first challenger to oust a sitting Argentinean president. The creditors demanded payment of approximately 1.5 billion for bonds that they purchased after Argentina's $144 billion default in 2001. SPORTS, RSS Feeds | Raul Alfonsin becomes president. He should have moved to Mexico, Colombian President Juan Manuel Santos may not have been hallucinating when he said that the Pacific Alliance - the bloc made up of Mexico, Colombia, Peru and Chile - 'is the new economic and development engine of Latin America and the Caribbean', New economic projections from the World Bank and the United Nations show that Latin America countries will keep growing at moderate rates this year, except for the booming economies of Paraguay, Panama and Peru, The most interesting thing about Argentine Pope Francis may be not just that he's the first Latin American to head the Vatican, but also that he may become the Church's biggest champion of interfaith dialogue ever, A new study on corruption in Latin America contains some alarming figures -- an average of about 20 percent of the region's people say they have been asked to pay a bribe by a policeman or another public official in the past year, Producing feed for 500 million pigs is no mean feat and China's agricultural sector is already operating at its limits. In December 2020, Congress passed a landmark bill. When the presidents of Brazil, Mexico and Argentina attended the G-20 meeting of the world's biggest economies in South Korea, they should have taken some time off from the conference to take a look at the host country. But even before the pandemic started, Argentinas economic situation was already fairly direleaving the country more exposed than most to the impact of lockdown. Sandbox Learning is part of Sandbox & Co., a digital learning company. In the rest of the country, with the exception of Jujuy province and some areas in other provinces, the situation seems to be improving. Economists have already projected that inflation would hit 40% this year. Infoplease is a reference and learning site, combining the contents of an encyclopedia, a dictionary, an atla and several almanacs loaded with facts. If there is no support for businesses, the truth is that I cannot imagine an economy eternally totally subsidized by the state, Giarrizzo said. On Monday, April 16, 2012, President Cristina Fernndez stated on national television that the government would seize 51 percent of YPF, the country's largest oil company. For years, Nisman had been the chief investigator of the worst terrorist attack in the country's history, the 1994 car bombing of the Asociacin Mutual Israelita Argentina (AMIA), a Jewish Community center in Buenos Aires. What a difference with what is happening in many other Latin American countries. 1810 - Viceroy overthrown, launching the war of independence. 2016 December - Britain and Argentina sign an agreement to identify the remains of 123 Argentine soldiers who died in the Falklands War. All the closures, which were initially really extreme, generated serious economic damage, said Victoria Giarrizzo, the director of the Center for Regional and Experimental Economics. The trans-Atlantic alliance NATO has formally declared China a strategic threat, but there are also emerging gaps in how various European capitals and Washington want to engage with Beijing. Most Popular United States of America China France Italy Canada Spain India Brazil Mexico. The IMF gave Argentina $13.7 billion in emergency aid in Jan. 2001 and $8 billion in Aug. 2001. A Division of NBCUniversal. China, Russia, and their autocratic friends are leading another epic clash over the worlds largest landmass. Argentinas Economy Crumbles as Buenos Aires Lockdown Continues, Raw GDP doesnt bring home the scale of the pain. Country Notes: Argentina The government has tried to cover the worst-hit groups. Small businesses, particularly those unable to benefit from e-commerce, are suffering most from this situation. "Argentina, 1985" has resurrected the country's military rule, which ended 40 years ago. WORLD | Explore the benefits included in your subscription. Argentinas Economy Crumbles as Buenos Aires Lockdown Continues. President Dilma Rousseff of Brazil was treated for lymphoma in 2009. Where is this new tech war headed? A landlocked country is offering flags of convenience at sea. Country Notes: Argentina, Languages Spoken in Each Country of the World. Sra. Weekly update on developments in India and its neighbors. The default could trigger an even bigger hike in inflation and cause the value of the peso to continue to fall. On March 20, with 128 active cases in the country and just three deaths, the Argentine government imposed one of the strictest quarantines the region has ever seen. How a battle over mineral resources in Argentina could determine the fight against global. 1973 - The Peronist party wins elections in March, Peron becomes president in September. 1942 - Argentina, along with Chile, refuses to break diplomatic relations with Japan and Germany after the Japanese attack on the US Pacific fleet at Pearl Harbour. In these neighborhoods, 98 percent do not have access to the sewage network, 64 percent do not have access to the electricity network, and 99 percent do not have access to the formal natural gas network. On Feb. 3, Fein stated that an arrest warrant for President Cristina Fernndez de Kirchner had been found among Nisman's papers. Pandemics, The government is going to have to lower the costs for the companies to make them profitable in a context where consumption is going to be lower, she added. On Nov. 22, Mauricio Macri defeated Daniel Scioli in a presidential runoff. 2002 November - Argentina defaults on an $800m debt repayment to the World Bank. It's Messi vs Neymar - and it's up to you to decide the winner. Moscows arms exports have fallen to levels not seen since the Soviet Unions collapse. Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and. Argentina has signed a deal to renew its currency swap line with China and double the amount it can access to near $10 billion, the South American country's central bank said in a statement on Friday, a boost to its dwindling foreign currency reserves.
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