Tag: argentina
The Role the US Played in Reversing Latin America’s ‘Pink Tide’
A mere ten years ago almost all countries in South and Central America had left or center-left governments in office. Now only a handful remain. How did this happen? We speak to CEPR’s Mark Weisbrot…
Michael Hudson: Argentina’s New $50 Billion IMF Loan Is Designed to Replay its 2001 Crisis
The recently elected neoliberal government of Mauricio Macri has decided to seek a $50 billion IMF credit line, which will only enable more capital flight for the upper class and greater unpayable debt for the…
Why is Argentina Entering into a New Economic Crisis?
CEPR co-director Mark Weisbrot lays out the roots of Argentina’s latest economic crisis, which have to do with the government’s massive foreign borrowing spree, deepening austerity measures, and rising Federal Reserve interest rates Visit https://therealnews.com…
US Government Setting the Terms for Argentina’s Bailout?
In a rare admission, Trump’s economic advisor Larry Kudlow admits to the US government’s involvement in bailing out Argentina, even though officially it is the International Monetary Fund that is behind the deal. We speak…
IMF is Back in Business in Latin America – Just as Neoliberal as Always
Following a prolonged loss of influence in Latin America in the first decade of the 2000’s, the International Monetary Fund (IMF) is back again, flexing its muscle in Argentina and Mexico, pushing the neoliberal Washington…
The IMF is at it Again in Argentina’s Economic Crisis
Now that Argentina received the International Monetary Fund’s largest loan ever, of $56 billion, it is recommending more austerity, which, as the data so far shows, will only prolong the country’s economic crisis, says CEPR’s…
Trump’s “Coalition of the Willing” Against Venezuela Has Legitimacy Issues of Their Own
Many right-wing South American governments that are supporting Trump’s effort to oust Venezuela’s President Maduro have their own legitimacy issues, such as Brazil and Honduras. Others are deeply dependent on the US, such as Argentina…
Neoliberal Policies Are Tanking the Argentine Economy
Even with the IMF’s largest loan ever, Argentina cannot seem to avoid rising unemployment, high inflation, and recession. CEPR’s Mark Weisbrot explains that this is because they are following the usual failed neoliberal recipe Subscribe…
Argentina’s Food Crisis Worsens
Argentina’s opposition and the Catholic Church want parliament to introduce a ‘food emergency’ law to address growing poverty and food insecurity amid the country’s worsening economic crisis. Subscribe to our page and support our work…
The Year in Latin America: The Right Continues to Advance, but so do Popular Movements
2019 presented a complicated and mixed legacy for Latin America. Right-wing governments continued to make electoral in-roads, but popular uprisings against neoliberalism also left their mark on the region, says TRNN’s Greg Wilpert. Director: Taylor…
Argentina’s Fracking Boom Is Creating Climate Justice Concerns
Big Oil hopes Argentina’s shale oil and gas boom can rival the United States’. Backed by US dollar diplomacy, the boom has come at the cost of climate change, ecological damage, and encroachment on indigenous…
The Chris Hedges Report: Journalism and Argentina’s Dirty War
In the late 1970s and 1980s, Argentina’s civic-military dictatorship disappeared over 30,000 people, using death squads trained by the US as part of the now infamous Operation Condor. The victims were held in secret prisons,…
‘A new form of colonization’: Argentinian workers confront the IMF
The International Monetary Fund (IMF) and World Bank have a long history of plunging Global South nations into unsustainable cycles of debt. For Argentina, this process has been ongoing for decades, and is now reaching…