Argentina Economic News. 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. ... but Argentina's economy still remains reliant onforeign investment,which has largely dried up as investors await the new … 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. Argentina's government has said the new one-off wealth tax could see Latin America's third-largest economy collect up to $3.7 billion. 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 The steep fall, deeper than a 16.3% drop during Argentina… argentina economy videos and latest news articles; GlobalNews.ca your source for the latest news on argentina economy . By 2017, China was the country’s second-largest import partner and third-largest export partner. Argentina: Inflation dips in November. 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 Argentina's economy is expected to shrink by 3.1 percent in 2019, inflation is hovering around 55 percent and unemployment is rising to 10.5 percent. Get the latest news and reports on economy, finance and market in Argentina. 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. December 10, 2020. Argentina Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. It's a rather unusual sight. Updated: Dec 18, 2020, 10.08 AM IST. December 16, 2020. Here come the Peronistas, again. 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. 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 has fallen back into crisis for the simple reason that not enough has changed since the last debacle. The Americas Jan 16th 2020 edition. Industrial output fell 2.9% year-on-year in October, swinging from September’s 3.7% rise—which had marked the … Argentina's economy shrinks 10% in Q3 Deutsche Welle 11:26 17-Dec-20 Patagonia goes P.U.R.E. Consumer prices soared 3.16% over the last month in November, below the 3.76% jump logged in October. 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). Losing 1-0, Argentina… "That's what we inherited. The World Bank classifies Argentina as a high-income nation. 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. Jan 16th 2020. As such, the country’s economic … PM to address MP farmers via video conference. Argentina’s economy is collapsing. "This is undeniably good news." 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. 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. Daniel Victor Sosa. I … Again. How Argentina Can Prevent an Economic Crisis: Dollars. Argentina is an upper-middle-income economy. Read more PM Narendra Modi will address farmers of Madhya Pradesh a day after they started a foot march from … Argentina: Industrial output falls back in October. 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. The Peronists are fuzzy about their long-term plans . 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. It was dollarization in 2000 that saved Ecuador during the Rafael Correa years from experiencing the devastating economic … Bello Argentina’s new government gets to grips with the economy. 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 Argentina's GDP fell by more than 10% in the third quarter, confirming that the economy is still in dire straits. Have you read these stories? Argentina Blogs, Comments and Archive News on Economictimes.com. Moreover, RT covers travel, cultural and sport news from Argentina, including on one of the famous Argentinian footballers Lionel Messi. A potential bright spot: as Argentina’s economy has wavered, its economic relationship with China has solidified. 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 Losing 1-0, Argentina's now economy minister scored an equalizer but injured himself doing so, former team mate Martin Fiszbein recounted to Reuters. 16 Dec 2020 The OECD forecasts Argentina’s economy will shrink 10% this year and Goldman Sachs Group Inc.’s Tiago Severo sees a 9.3% drop. REUTERS/Mariana Greif/File Photo. FILE PHOTO: Argentina's Economy Minister Martin Guzman attends a news conference in Buenos Aires, Argentina December 11, 2019. 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. 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