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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’s Economy Continues to Spiral Downwards

Poverty in Argentina is currently at 36% from around 26% in 2018. The numbers are alarming, as inflation currently stands at 45% and is expected to increase within this year. The massive International Monetary Fund (IMF) loan came with strict conditions, Argentina is required to...

Argentina’s Peso hit a record low to the dollar weakening

Argentina’s struggling currency hit a record low against the dollar on Thursday, weakening over 4% to close at 42.5 pesos per dollar, a challenge for President Mauricio Macri as he looks to right the economy ahead of elections in October. The peso, which had strengthened...

Guaido Says He’ll Return Home After Ecuador Visit; Risks Arrest

Venezuelan opposition leader and self-proclaimed “interim” president, Juan Guaido, on Saturday said he will go home after his visit to Ecuador, raising the prospect of a showdown with the Maduro government that he is trying to force from power and risking arrest. Ecuador’s President Lenin...

Argentinian Model Found Dead in Bed After Predicting Own Demise in Eerie Tweet

Natacha Jaitt, a model, socialite and TV presenter who threatened to expose a high-level pedophile ring among Argentina's elite, was found dead after suffering an apparent drug overdose at a party outside Buenos Aires on Saturday. Months before her death, Jaitt predicted her demise...

Argentine Novice Speaks Out Against Torture, Abuse in Convent

Novices in Argentina have begun sharing their experiences of abuse, torture, and humiliation executed within the walls of the convent by their priests. “He sent me to the basement alone to clean it. A while later, he appeared behind me telling me that I was...

Saudi Prince arrives in Argentina for G-20 Summit

Saudi Arabia's Crown Prince Mohammed Bin Salman arrived in Buenos Aires at around 7 am on Wednesday and, thus, became the first international dignatary to touch Argentine soil for the G-20 Summit. Other world leaders due in Buenos Aires by Wednesday evening are France's President...

Could Costa Rica go the same way of Argentina?

Argentina is in crisis. The fiscal deficit experienced by the country, added to inflation and the devaluation of the currency versus the US dollar has the country on the edge of another possible economic debacle. What is happening in Argentina, a country with the third...

Argentina’s Unions Begin National Strikes Against Macri’s Austerity

The Argentine Workers' Central Union, widely known as the CTA organized a 36-hour strike across the country starting Monday, the second strike Argentina has faced within a month. Previously, on Sept.12, public sector employees and employees from educational institutions walked out of their jobs to protest the...

Latin American Leaders Travel to New York For 73rd UN General Assembly Debate

World leaders have started arriving in New York to participate in the 73rd session of the United Nations General Assembly. The official theme for 2018 is Making the U.N. relevant to all people: global leadership and shared responsibilities for peaceful, equitable and sustainable societies. Two...

Venezuelan oil fueled the rise and fall of Nicaragua’s Ortega regime

The downfall of Nicaragua’s President Daniel Ortega has been dizzyingly fast. In January 2018, he had the highest approval rating of any Central American president, at 54 percent. Today, Nicaraguans are calling for Ortega’s resignation. Chávez greets Ortega during a welcoming ceremony in Caracas. Reuters/Carlos...

Protests in Argentina Over Rejected Abortion Bill Led to 8 Detentions – Reports

Eight people were detained on Thursday during the protests in Buenos Aires that erupted after the Argentinian upper house declined a bill that would have legalized abortions during the first 14 weeks of pregnancy, the Nacion newspaper reported, citing sources in the security forces. The...

Chile: Sex Change No Longer Required To Alter Gender Identity

Chile's Supreme Court has ruled 4-1 that transgender citizens can change their name and sex on state registries without needing a sex-change operation to prove their gender identity. The ruling said that Chile is part of several international human rights accords, including the American Convention...

Thousands march in Buenos Aires to protest Argentina’s IMF credit bid

Thousands of Argentines on Friday protested the government’s bid to secure a credit line from the International Monetary Fund, which they blame for hardship during a past financial crisis. Opposition parties, unions, human rights organizations and artists took part in the march near the capital...

Latin American elections mean volatility for emerging markets investors

Latin America has election fever. El Salvador held parliamentary and mayoral votes in March, Costa Rica elected a new president in April and Paraguay held general elections two weeks ago. Venezuelans go to the polls in two weeks’ time, Colombians a week later, and...

Argentina’s abortion legalization debate ignites soul searching on women’s rights

As an Argentinean scholar of gender in politics, I’m normally called to provide commentary on some fairly depressing statistics. For example, there are just two women who head Argentina’s 20 federal government ministries. And last year, Argentinean women earned nearly 25 percent less than men...

In 1895 Argentina Had the World’s Highest GDP Per Capita: What Went Wrong?

It is widely known that towards the end of the 19th century Argentina had managed to position itself as one of the richest countries in the world. Immigrants often pondered, in those years, the choice of emigrating to New York or Buenos Aires. Many families...

Argentine Bishop’s New Law Orders Priests: ‘Hands Off Children’

Priests in Argentina are now banned from touching children under new guidelines intended to help curb pedophilia in the Catholic church, but relatives of survivors say the move doesn't go far enough. New ecclesiastical legislation from Archbishop of Parana Juan Alberto Puiggari, in the province...

Make Latin America Great Again!

By Colin - I first visited Latin America in 2007 and moved here in 2008. I think it’s great. But not everybody thinks so. They might think Mexico or Brazil are great, or Peru or Argentina. But nobody thinks Uruguay is great. Nobody thinks Ecuador...

Could a New Currency Be the Solution to Argentina’s Never-Ending Inflation Problem?

Since its founding in 1935, inflation has averaged 55 percent per year. Since its issuance by the BCRA, 13 zeros have been added to national currency. The Argentine state monopoly on money was devised by the conservatives, and, interestingly, those who opposed it were the...

Argentina prepares to fight Zika with sterile mosquitoes by radiation

After its success in controlling a devastating fruit fly with nuclear technology, Argentina is gearing up to fight a new enemy: mosquitoes that transmit Zika, in addition to dengue and chikungunya. The method applied in both cases is the sterile insect technique, SIT, an insect...

Latin America has started to look seriously at Indian economy and opportunities

US. President Donald Trump has revived the Ugly Gringo fears of Latin Americans. Humiliated by Trump’s insults and anti-NAFTA stand, Mexico is keen to diversify its trade partnership. Other Latin Americans too are disgusted by the protectionist policies and Caudillo tantrums of Trump. They are...

Day of Fury in Buenos Aires as Leftists, Kirchnerists Riot & Loot Argentina’s Capital

On Monday, December 18, Buenos Aires experienced a literal street battle. President Mauricio Macri’s administration came to an agreement with several opposition governors regarding pension reform, modifying pension amounts and universal allowances for children, all of which were subsidies implemented during the Kirchner administration. The...

End Of Era of Female Presidents in Latin America

SANTIAGO (Reuters) - When Chile’s President Michelle Bachelet leaves office in March, it will mark the end of a generation of women leaders in Latin America, leaving the region without a female head of state as it shifts to the right politically. At the start...

Latin American history suggests Zimbabwe’s military coup will turn violent

On Nov. 14, a group of soldiers from the Zimbabwe Defense Forces arrested and detained Zimbabwean President Robert Mugabe. The move came just days after Army Commander Constantine Chiwenga warned that the military would not “hesitate to step in” if Mugabe did not cease...

Argentinians Just Got The iPhone X, But It’s Cheaper To Go And Get In Miami

It is no secret that most of the prices in Argentina are high. The goods produced in the country have outrageous taxes (which affect wages, machinery, spare parts, and shipping costs throughout the production chain) and imported goods have become luxuries (when it’s possible...

Central America becoming destination of choice for UK travellers

The face of travel is changing, with new research showing that Central American countries like Costa Rica and Argentina are becoming more popular with UK travellers. Credit card provider MBNA analysed more than four million transactions from UK customers around the world to build up...

Argentina’s Former President Cristina Kirchner Close to Having Assets Seized in Corruption Probe

Former President of Argentina Cristina Fernández de Kirchner is facing new legal complications as she continues to campaign for a senate seat in the province of Buenos Aires, where polls show she has fallen into second place. Now, she may have her property seized...

Venezuela, Argentina, and Brazil Are The Least Free Economies in Latin America: Fraser Institute

Venezuela has once again topped the list of the world’s worst economies, beating out 159 countries in 2017. Canada’s Fraser Institute presented a report this month with the world’s best and worst economies, as well as which had the most economic freedom on each continent....

Removing Statues of Violent Bigots? Start with Che

Rosario is Argentina's second oldest city. Located by the Paraná river, it is the home of hard-working people, a busy port, the national flag memorial, and the country's bitterest football rivalry between Rosario Central and Newell's Old Boys. It is also the birthplace of Ernesto...

Costa Rica Calls Venezuela Process and Results “Null and Illegitimate”

"The Government of the Republic of Costa Rica does not recognize and considers void, vacated, unlawful, unconstitutional and contrary to the popular will, the convocation, process and results for the composition of a National Constituent Assembly in the Bolivarian Republic of Venezuela". Thus, with that...

Presidents of Colombia, Mexico and Argentina Are Negotiating Exit of Venezuela’s Nicolas Maduro

TODAY VENEZUELA - The Presidents of Argentina, Mexico and Colombia are involved in alleged negotiations to give dictator Nicolás Maduro a safe passage out of Venezuela, The Financial Times reports. Colombian President Juan Manuel Santos is reportedly leading an effort with support from Argentine President...

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