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Montevideo, September 21st 2024 - 10:26 UTC

 

 

Argentina, only country in the region with a contracting economy

Thursday, September 5th 2024 - 10:45 UTC
Full article 2 comments

Less than a year into the government of Libertarian President Javier Milei, Argentina will be the only country in the region with negative growth in 2024, according to projections by the World Bank, the International Monetary Fund (IMF), ECLAC, and BBVA, which forecast a 3.2% contraction of Gross Domestic Product (GDP) in South America's second-largest economy. Read full article

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  • Falklands-Free

    So that is why we are seeing an increase in the mythical claim. A collapsing economy. I predicted this a long time back and the aggressors said I knew nothing.
    It is sad to see that 52% of the Argentine people are now in poverty and the country has made no economic progress, yet they are trying to spend money they don't have on building their military again.
    Hear they are shipping tons of gold to the UK for safe keeping. Rather strange sending it to a country they hate so much, or behind the scenes, do they.
    My guess it is the myth pushers that keep this hate thing going.
    Good decent hard working Argentines are made to suffer while the rich continue to syphon their money away. It has to stop and change. If not Argentina as a country could end up penniless very soon and become a prime take over target by their neighbours.

    Sep 05th, 2024 - 12:45 pm - Link - Report abuse 0
  • Jeff12

    Corporate puppet Milei, will restore wealth back to the Venezuelan people? LOL

    Sep 05th, 2024 - 03:46 pm - Link - Report abuse 0

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