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Entries with Keyword recession

The unrelenting run on the Argentine peso continues to deteriorate the private sector’s expectations for the country’s economy.

An average of 41 consultancy firms, financial entities, and foreign analysts expect the yearly inflation rate will be much higher than expected …

With skyrocketing inflation and a shaky peso, Argentina’s economy is headed toward an almost inevitable recession. Now, in the midst of the crisis, the prices of many items in the country remain uncertain, with a number of products popular

As the peso continued its steep depreciation this morning, the Central Bank (BCRA) announced a hike in its benchmark interest rate to 60 percent and committed to freeze it until December, in an effort to curve the trend. Its goal …

In another tumultuous day for the Argentine economy, the peso hit an all-time low of $31.60 to the dollar yesterday, with a record close of AR $31.50 wholesale and AR $32.06 retail to the American currency. To improve the situation, …

According to the Indec, Argentina’s National Institute of Statistics and Census Bureau, Argentina’s economic activity experienced its biggest drop of the year in June, with a contraction of 6.7 percent compared to last year. This is the third consecutive

This week we discuss Argentina’s economy shrinking, President Macri’s idea to reform the Armed Forces. Also, is the government preparing for possible social unrest in December? Host: Adrian Bono, Demian Bio and Bianca Fernet. Our guest this week: Carolina Millan …

Argentina’s economy is still plunging. Economic activity dropped 3.7 percent in September, compared to the same month last year, according to the latest data released by the INDEC statistics bureau today.

September was the ninth consecutive month of decline for …

The World Bank just released its global economic prospects for the next year, and it’s not particularly pleasant news for the Latin American world. With an update (hopefully not intended to be shockingly unforeseen), a recession is expected to dominate …

Alejandro Estrada, an Argentine entrepreneur based in Silicon Valley, launched the new version of iBillionaire on international app stores last week. This is Alejandro’s third company he has founded, the first two – DineroMail and moni.com.ar – were greatly successful

Prepare yourselves for another onslaught of depressing decimal numbers and confusing acronyms, because word on the economic geek street is that Argentina is entering an economic recession. The national statistics agency, the INDEC, announced on Friday that in March, the …