Styles At Life: What Is Happening In Argentina

Thursday, May 13, 2021

What Is Happening In Argentina

Anti-abortion activists are suing to block a new law allowing the procedure and many doctors in conservative areas. Minibus carrying Argentinas president is attacked Protesters unhappy with government mining plans in the Patagonia region smash the vehicles windows.

World Report 2020 Argentina Human Rights Watch

Argentina started COVID-19 immunization on December 29 after the first batch of the Russian Sputnik V vaccine arrived in the country on December 24 with priority given to healthcare workers elderly people and security personnel.

What is happening in argentina. In short a severe devaluation. Argentina is a country re-entering crisis territory it knows too well. President Alberto Fernandez also announced free vaccination for its 34 million people over 18 years.

According to some estimates this clause could lead to new obligations for Argentina that exceed 200 billion an overwhelming amount according to various Wall Street estimates. A year ago he was hailed as the saviour of Argentina when despite Argentinas multiple defaults in the last century he. Inflation has ranged between 48 and 57 this.

Abortion Is Now Legal in Argentina but Opponents Are Making It Hard to Get. As such the countrys economic and financial foundations have remained vulnerable. Argentina has fallen back into crisis for the simple reason that not enough has changed since the last debacle.

19-year-old woman killed in freak bar explosion in Argentina. In 2018 Argentina experienced a currency crisis and stagflation. Argentina is 5th nation to pass 1 million coronavirus cases.

The country has defaulted on its sovereign debt three times in the past 32 years and looks poised to do so again soon. The following article is like several we have already translated from the left communist blog Nuevo Curso. Argentinas GDP of about 500 billion contracted 25 in 2018 and is expected to shrink a further 13 this year according to a World Bank report.

Currently Argentina has a debt burden of 323 Billion at the end of 2019 which is equivalent to 88 of the countrys GDP. BUENOS AIRES Reuters -Argentinas government will tighten pandemic restrictions in and around the capital Buenos Aires to rein in a sharp spike in COVID-19 cases including shutting schools and. Alongside this political instability and the Coronavirus have to lead.

Last week the official Argentinas economy exchange rate went from 681 to 803 to the USD in a few days. Its currency the peso devalued by more than 20 in January alone. Its debt one of the largest in the world amounts to 323 billion.

Argentina extends deadline of debt negotiations may sweeten offer 135 AM ET Tue 2 June 2020 The government is looking to revamp about 65 billion in bonds rendered unsustainable by a long. Argentina legalizing abortion will spur reform in Latin America minister says Victory for Argentinas women as abortion charges are dropped Published. In 2019 Argentina ended the year with inflation of 538 percent the second highest in Latin America after Venezuela.

Inflation is currently running at 25. The background is that after 5 years of austerity the government of President Maurizio Macri has fallen foul of the global economic crisis and its latest fallout. The blue or black market rate a fact of life in any controlled exchange market was all over the place probably going from around ARP 950 to 13 in the same period.

Argentina passes 1 million cases as virus hits Latin America. By way of background Argentinas primary election called PASO held ahead of the presidential election scheduled for 27 October 2019 is a compulsory election all Argentines between 18-70 are required to vote where all parties candidates are on. Argentinas budget deficit is exploding and based.

Argentina has a long history of currency depreciation and hyperinflation. Annual inflation reached 476 GDP fell by 25 and unemployment and poverty increased. Argentina has also agreed with the IMF to cut its fiscal deficit to 13 percent of gross domestic product GDP by 2019 down from 39 percent last year.

Q A What Is Happening In Argentina

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