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“Zero capacity to save”: Argentines buckle as inflation tops 104 per cent

A costumer walks past a greengrocery store, as Argentina's annual inflation rate tore past 100 per cent in February, the country's statistics agency said on Tuesday, the first time it has hit triple figures since a period of hyperinflation in 1991, over three decades ago, in Buenos Aires, Argentina, on 14th March, 2023

Buenos Aires, Argentina Reuters Argentina’s annual inflation rate soared to 104.3 per cent in March, the official statistics agency said on Friday, one of the highest rates in the world, straining people’s wallets and stoking a cost-of-living crisis that has pushed up poverty. The inflation reading for the month came in at 7.7 per cent, […]

Lula floats shared ‘trading currency’ during Argentina trip

Argentina Buenos Aires President Luiz Inacio Lula da Silva and President Alberto Fernandez

Buenos Aires, ArgentinaReuters Brazil and Argentina are in early talks to establish a shared unit of value for bilateral trade to reduce reliance on the US dollar, Brazilian President Luiz Inacio Lula da Silva said on Monday, though the move is not aimed at replacing existing currencies. In Buenos Aires on his first international visit […]

“We’re drowning”: Argentines struggle under COVID-19 as death toll hits 100,000

Coronavirus Argentina Cordoba family mourning

Cordoba/Buenos Aires, Argentina Reuters In the San Vicente cemetery in the central Argentine city of Cordoba, Sandra del Valle Pereyra, 50, has come to visit the graves of her parents who both died from COVID-19 that has ripped through the South American nation. “I have been left alone,” Valle Pereyra told Reuters, saying that she […]

“Hospitals are full” as Argentina COVID-19 cases hit three million

Coronavirus Argentina Buenos Aires healthcare workers

Buenos Aires, ArgentinaReuters Argentina coronavirus cases hit three million on Sunday since the pandemic began, as medical workers said hospitals were full to capacity despite toughened government measures to bring down the spread of infections. The country’s health ministry said there were 11,394 new cases over the last 24-hour period, bringing up the grim new […]

Pope backs Argentine women’s opposition to abortion bill

Rome, ItalyAP Pope Francis is encouraging Argentine women who are protesting a proposed new law to legalize abortion, saying the protection of life is above all a matter of human ethics. In the letter to the women dated 22nd November, the Argentine Pope wrote: “Is it fair to eliminate a human life to solve a […]