As the value of its currency continues to fall and its economy edges nearer to collapse, Argentina’s government is scrambling to establish new measures to protect its currency and to save the country from a long-term recession. The government recently proposed a new plan for the 2019 budget which now includes various initiatives to cut government spending.
On Sunday, October 22, 2017, President Mauricio Macri’s ‘Cambiemos’ (‘Let’s Change’) coalition declared victory in Argentina’s legislative midterm elections over its main opposition, former President Cristina Fernandez de Kirchner’s ‘Unidad Ciudadana’ (‘Citizen Unity’) coalition.
A comienzos del año 1992, el entonces Presidente de los Estados Unidos, George Bush, era considerado imbatible por la mayoría de los analistas políticos, fundamentalmente debido a sus éxitos en política exterior, como el fin de la Guerra Fría y la Guerra del Golfo Pérsico.
As of the beginning of February, Argentina has made changes to its immigration policies that call into question its reputation as a nation that welcomes foreigners.
El 10 de diciembre próximo la democracia argentina cumple 32 años, constituyendo este período iniciado en 1983 el de más larga duración y estabilidad.
Following the promise of President Mauricio Macri to re-open the economy to international financial markets after taking power, Argentina exited currency restrictions, devalued its currency, and freed imports and exports.
On April 3rd, the International Consortium of Investigative Journalists (ICIJ) published over 11 million leaked documents, a treasure trove of evidence connecting many of the world’s rich and famous to a Panamanian law firm, Mossack Fonseca. The papers implicate hundreds of individuals in hiding assets, facilitating bribery, arms deals, tax evasion, money laundering, financial fraud, and even drug trafficking.