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Before the peso plunges even further and before retailers can jack up prices further, Argentines are rushing out to buy their essentials as soon as possible.
US sanctions, even by outdated estimates, have killed tens of thousands of Venezuelans. The unilateral policies have been widely condemned by multilateral bodies and human rights experts for their deadly impact, as well as for violating international law (Venezuelanalysis, 9/18/21, 9/15/21, 3/25/21, 1/31/19).
Argentina’s global bonds fell the most since they were issued nearly two years ago as Silvina Batakis assumes office.
President Alberto Fernández taps Silvina Batakis as the country’s new economy minister to replace Martīn Guzmán, who resigned his post a day earlier.
Central Bank raises benchmark interest rate for the sixth time this year as the government struggles to cool inflation expectations.