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Argentina Economy: the ‘Macrisis’ effect

For Argentina, last Wednesday was a 'Black Wednesday'. Investors in Argentine government bonds began to dispose of their assets en masse, a sign of a total loss of confidence in the economy. President Mauricio Macri, who in the campaign emerged as a leader capable of...

“Argentina on the rocky road to recession”, anticipates The Economist

On a residential street corner in Buenos Aires, Van Koning Market sells imported beers to the city’s well-heeled. Since it opened in June last year costs have soared. The peso has plummeted, meaning wholesale prices have shot up. Inflation is running at 26%; the reduction...

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