Latin America’s third-biggest economy is repeating a pattern that has dogged it for over 70 years It mainly relies on natural resources and agriculture. BUENOS AIRES, Jan 11 1996 (IPS) - Argentina, with an economy struggling to emerge from recession, is seeking admission to the rich countries’ club: the Organization of Economic Cooperation and Development (OECD). Argentina's GDP fell by more than 10% in the third quarter, confirming that the economy is still in dire straits. FILE PHOTO: Argentina's Economy Minister Martin Guzman attends a news conference in Buenos Aires, Argentina December 11, 2019. Losing 1-0, Argentina's now economy minister scored an equalizer but injured himself doing so, former team mate Martin Fiszbein recounted to Reuters. It's a rather unusual sight. argentina economy videos and latest news articles; GlobalNews.ca your source for the latest news on argentina economy . Argentina's Economy Minister Martin Guzman poses for a picture before an interview with Reuters at the Economy Ministry, in Buenos Aires, Argentina Dec.10, 2020. Industrial output fell 2.9% year-on-year in October, swinging from September’s 3.7% rise—which had marked the … Bello Argentina’s new government gets to grips with the economy. A potential bright spot: as Argentina’s economy has wavered, its economic relationship with China has solidified. The Peronists are fuzzy about their long-term plans . with Nano Puff jacket Miami Herald 11:08 17-Dec-20 Argentina and UK hosted seminar on access to Covid-19 vaccines in Latin America and the Caribbean Mercopress 10:28 17-Dec-20 As such, the country’s economic … How Argentina Can Prevent an Economic Crisis: Dollars. Get the latest news and reports on economy, finance and market in Argentina. December 16, 2020. ... but Argentina's economy still remains reliant onforeign investment,which has largely dried up as investors await the new … News in-depth Argentine politics Argentina judicial reforms will shield Cristina Fernández, say critics Detractors claim measures will protect the vice-president and former leader from accountability PM Narendra Modi will address farmers of Madhya Pradesh a day after they started a foot march from … Argentina's economy likely contracted around 20% year-on-year in the second quarter of the year, hit by the coronavirus pandemic and a nationwide lockdown imposed in March, economists polled by Reuters estimated ahead of the official data release on Tuesday. The Americas Jan 16th 2020 edition. Argentina's economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts. Latest news "Economy & Forex" 05:35p ARGENTINA ANNOUNCES PRIMARY FISCAL DEFICIT OF 58.693 BLN PESOS IN NOVEMBER VS DEFICIT OF 6.397 BLN PESOS IN NOV 2019 : Economy ministry Argentina’s GDP shrank 10.2 percent in Q3 compared with 2019 Economic recovery in Argentina and throughout Latin America is under threat from a fresh rise in COVID-19 cases. Argentina’s economy, which declined a revised 5.2% in the first quarter of the year, is estimated to contract around 12% this year, according to a central bank poll and government forecasts. Argentina's economy shrinks 10% in Q3 Deutsche Welle 11:26 17-Dec-20 Patagonia goes P.U.R.E. It was dollarization in 2000 that saved Ecuador during the Rafael Correa years from experiencing the devastating economic … Argentina has fallen back into crisis for the simple reason that not enough has changed since the last debacle. Argentina is an upper-middle-income economy. Here come the Peronistas, again. Again. Argentine Chancellor Guido di Tella says that joining OECD, which has only Mexico as a member from Latin America, “is one of Argentina’s objectives for 1996. Daniel Victor Sosa. Moreover, RT covers travel, cultural and sport news from Argentina, including on one of the famous Argentinian footballers Lionel Messi. Updated: Dec 18, 2020, 10.08 AM IST. Argentina - Argentina - Economy: Argentina’s economy, which is one of the more powerful in the region, is dependent on services and manufacturing, although agribusiness and ranching dominated the economy for much of the 19th and 20th centuries. Argentina to tax 12,000 wealthy people to tackle Covid Dubbed the "millionaire's tax", the one-off levy will fund relief measures and health supplies. Losing 1-0, Argentina… Argentina: Industrial output falls back in October. Argentina Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Felipe Evangelista is sitting down at the café he has owned for nearly four decades and all he can see are upside-down chairs stored atop empty tables. 16 Dec 2020 Why the economy remains moribund is the subject of a debate that could determine whether Mr. Macri gains additional time, or whether Argentina veers back to populism. Argentina's Diego Maradona, one of the world's greatest ever soccer players, was buried on Thursday amid a global outpouring of grief from the streets of Buenos Aires to Naples in Italy. Consumer prices soared 3.16% over the last month in November, below the 3.76% jump logged in October. The steep fall, deeper than a 16.3% drop during Argentina… The OECD forecasts Argentina’s economy will shrink 10% this year and Goldman Sachs Group Inc.’s Tiago Severo sees a 9.3% drop. When Martin Guzman was doing a PhD in economics at Brown University in the United States, he and two other Argentine friends formed part of their department's intramural soccer team and reached the tournament final. 1:35 AM ET Tue, 8 Dec 2020. Read more. REUTERS/Mariana Greif/File Photo. Argentina Economic News. "That's what we inherited. December 10, 2020. I … Previous news of "Economy" UN slashes Latin America economic slowdown projection; Lengthy Covid lay-off ban backfires, postponing job crisis; Argentina eyes lithium expansion, but hurdles may dampen ambitions; Guzmán expects new programme with IMF in March or April 2021; Fintech firm Ualá takes mobile payments to small businesses Have you read these stories? Jan 16th 2020. World Why Argentina Faces an Economic Crisis. Argentina Blogs, Comments and Archive News on Economictimes.com. Breaking news, Pictures, videos, and Special Reports from the economic.! 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