Back

Weekly Report - 25 September 2014 (WR-14-38)

ARGENTINA: Imports dry up as economic gloom deepens

A recent World Bank report noted that Argentina’s medium-term economic prospects are “moderate” given the “vast reserves of natural resources and sound social indicators”. In the short-term, however, the World Bank predicts a “prolonged slowdown” and warns that around a third of the country’s population risks falling into poverty if faced with continued adverse economic conditions. While the legal dispute between Argentina and its holdout creditors has reached an impasse, the economic situation in the country is deteriorating inexorably.

End of preview - This article contains approximately 692 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.