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Argentina Economy

We Should All Cry for Argentina's Economy

Jordana Timerman | Posted 12.15.2015 | World
Jordana Timerman

BUENOS AIRES -- Argentina's incoming president has promised to shock the country's highly regulated economy into market-based reality. But, like many Argentines, I am concerned that the touted adjustment will come at a high cost to our most economically vulnerable citizens.

Argentina Shows Greece There May Be Life After Default

Joseph E. Stiglitz | Posted 06.30.2016 | World
Joseph E. Stiglitz

Defaults are difficult. But even more so is austerity. The good news for Greece is that, as Argentina showed, there may be life after debt and default.

Europe's Attack on Greek Democracy

Joseph E. Stiglitz | Posted 06.29.2016 | World
Joseph E. Stiglitz

European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics.

The Incompetent Greek Government, Not Its Creditors, Pushed the Economy off the Cliff

Pierpaolo Barbieri | Posted 06.29.2016 | World
Pierpaolo Barbieri

BUENOS AIRES -- Athens in 2015 will become like Buenos Aires in 2001. Greeks now face the prospect of prolonged capital controls, severe political unrest and eventually a confiscation of ordinary citizens' savings to finance a government's withdrawal from the world.

5 Of The World's Best Places To Buy A Second Home In The Sun In 2015

Kathleen Peddicord | Posted 03.08.2015 | Fifty
Kathleen Peddicord

Which overseas property markets should have your attention this shiny new year? The world is alive right now with markets in crisis and markets benefiting from the strong dollar (and the weak euro). Specifically, here are five places where you could get a great deal on a second home in the sun.

Argentina's 'Golden Future' Didn't Come Tumbling Down Because the Whole Story Is a Fairy Tale

Jordana Timerman | Posted 10.18.2014 | World
Jordana Timerman

The roots of Argentina's delusion of grandeur and European-ness may be in the beliefs of Argentina's 19th century elites who were, indeed, fantastically wealthy, although nobody else was.

Who Shot Argentina? A Washington Murder Mystery

Mark Weisbrot | Posted 08.26.2014 | Politics
Mark Weisbrot

The U.S. government did not file an amicus brief with the Supreme Court, despite its filing in the appellate case. And -- here is the big mystery -- neither did the IMF, even though it has publicly expressed concerns about the impact of that ruling.

Argentina Is Headed For Default

Reuters | Posted 08.18.2014 | World

By Hugh Bronstein and Joseph Ax BUENOS AIRES/NEW YORK, June 18 (Reuters) - Payment of bond service due on June 30 in New York has been...

Argentine Courts Work to Restore Sanity to Country's Failed Economic Policies

Jerry Nelson | Posted 07.17.2013 | World
Jerry Nelson

The official inflation data has been widely viewed as inaccurate, created by a corrupt government to hide the real cost of inflation and allowing it to underpay it's debts.

Argentina's Kirchner Is One Misstep Away From Calamity

Jerry Nelson | Posted 07.13.2013 | World
Jerry Nelson

Cristina Fernandez de Kirchner, Argentina's president has found herself in the middle of an economic and political minefield and the map she is using has been proven to be outdated, inaccurate and explosive.

Argentina's Critics Get It Wrong Again

Mark Weisbrot | Posted 06.30.2012 | World
Mark Weisbrot

It is interesting that Argentina has had such remarkable economic success over the past nine years while receiving very little foreign direct investment and being mostly shunned by international financial markets. Maybe that's another reason why Argentina gets so much flak.

Worlds Collide in a Luxury Suite: Some Thoughts on the IMF, Global Injustice, and a Stranger on a Train

Rebecca Solnit | Posted 07.22.2011 | Business
Rebecca Solnit

What makes the sex scandal that broke open last week so resonant is the way the alleged assailant and victim model larger relationships around the world, starting with the IMF's assault on the poor.

Cristina Fernandez, Argentinian President, Says Pork Is Better For Sex Life Than Viagra

Posted 05.25.2011 | World

Argentinian President Cristina Fernandez has told a gathering at her Presidential Palace that pork is even better than Viagra for spicing things up in...

EU, IMF Revolt: Greece, Iceland, Latvia May Lead the Way

Ellen Brown | Posted 05.25.2011 | World
Ellen Brown

Total financial collapse, once a problem only for developing countries, has now come to Europe. The International Monetary Fund is imposing its "austerity measures" on the outer circle of the European Union.

Navigating the Jobs Crisis: Direct Job Creation - Lessons from Argentina

Pavlina R. Tcherneva | Posted 05.25.2011 | Business
Pavlina R. Tcherneva

If the U.S. government creates a permanent, voluntary public employment program that offers a living-wage job to anyone willing and able to work in a public service project, unemployment will be addressed directly.

Argentina's Drought Wilts Crops, Economy

BBC NEWS | By Candace Piette | Posted 05.25.2011 | World

A deflated bag of bones, the carcass of a bull, lies dried out on the banks of a river, baked by the sun. Normally green, the prime pastureland around...