Argentina

A country is entitled to refuse to repay a debt

26 November 2020 - by Eric Toussaint, Revista Mugica

The following interview, given by Éric Toussaint to the Argentine review Mugica, has been adapted to make it accessible to readers who are not necessarily aware of the details of what is going on in Argentina. The arguments used in the article (...)
Argentina

Voluntary Termination of Debt

18 May 2020 - by Verónica Gago, Luci Cavallero

The feminist movement in Argentina, and across Latin America, has gained force and strength in recent years. That movement can be characterized not only by its massiveness in terms of the number of people on the streets, but also for how it has (...)
Can the IMF Be Trusted on Argentina?

21 February 2020 - by Eric Toussaint

After the IMF mission to Argentina agreed with President Fernandez that the foreign debt is unsustainable, international debt campaigner Eric Toussaint tells teleSUR that the Fund is not to be (...)
Argentina: facing another debt crisis

18 December 2019 - by Eric Toussaint

After four years of brutal neoliberal policies under Mauricio Macri as President, Argentina is again facing a major debt crisis. Let us remember that when Macri started his mandate in December 2015 he accepted all the injunctions formulated by (...)
Boom and then bust?

30 April 2019 - by Michael Roberts

Last March, I posted that the global economy seemed to be in a fantasy world where stock markets hit new highs but output of goods and services, investment and trade was stagnating in the major economies. This week, the US stock recorded yet (...)
Statement of ATTAC - ARGENTINA

We denounce the ideological persecution and the attempt to intimidate us

16 November 2018 - by ATTAC/CADTM Argentina

From ATTAC Argentina, we tell them “you will not be able to INTIMIDATE us”. ATTAC is an organization known worldwide for its activism against tax havens and money laundering. It is absurd and disgusting that a government filled with crooks, who (...)
Argentina: More lending guarantees creeping austerity

16 November 2018 - by Gino Brunswijck

Against a backdrop of public protests, on 25 October the Argentinian government approved the 2019 budget including US$10 billion worth of cuts in essential areas such as education and public works. The next day, the Executive Board of the (...)
Declaration by ATTAC – ARGENTINA

We denounce the government’s cyber-espionage of Argentinian social movements. Spying is illegal!

12 November 2018 - by ATTAC/CADTM Argentina

From ATTAC Argentina, we denounce the “cyber-espionage” put in place by the Argentinian government against the social organizations which are members of the Confluence Fuera G20 / IMF (G20 and IMF – Out), as reported in several newspapers. We (...)
Forced marriage between Argentina and the IMF turns into a fiasco

9 November 2018 - by Jérôme Duval

While the discontent of the Argentine people grows day by day, President Mauricio Macri flees to the United States. In New York, he continues negotiations with the IMF to revise the already outdated agreement signed in June, intervenes in the UN (...)
Argentina in turmoil

24 October 2018 - by Jérôme Duval

After Argentine President Mauricio Macri announced, on 3rd September, a brutal austerity plan under IMF supervision, the people hit the streets to express their anger at rising prices and budget cuts. Seventeen years after the 2001 crisis in (...)
The political cost of IMF programmes

17 August 2018 - by Bretton Woods Project

Summary - Political ramifications of IMF programme in Jordan trigger protests - Jordanian prime minister resigns - Developments raise broader questions around IMF conditionality In June, King Abdullah II of Jordan accepted the resignation of (...)
The mixed fortunes of Argentina’s 2005 and 2010 debt restructurings

28 June 2018 - by Eric Toussaint, Maud Bailly

In June 2018, Argentina signed a loan agreement with the IMF. We therefore republish a useful excerpt of an interview given by Eric Toussaint to Maud Bailly in 2014, which focuses on the process of the Argentine debt restructuring in the wake of (...)
The IMF is back in Argentina: “an economic and social crisis, even more serious than the present one, looms large on the horizon”

27 June 2018 - by Eric Toussaint, Sergio Ferrari

1. The vicious circle of illegitimate debt grapples the Argentine people once again 2. IMF’s $ 50 billion loan surpasses Greece’s previous record Sergio Ferrari from Berne, Switzerland interviewed Eric Toussaint, international debt specialist (...)
Argentina: Macri’s Neoliberal Fantasies

13 June 2018 - by Claudio Katz

In the middle of his term, Argentinian president Mauricio Macri cannot hide the monumental abyss between his promises and reality. The promise was of an influx of dollars to lower inflation, with high growth, job creation, an entrepreneurial (...)
Global debt crisis ahead?

11 May 2018 - by Michael Roberts

Argentina is seeking International Monetary Fund aid after a series of drastic interest rate rises failed to stop the slide in the peso, pushing the country towards a financial crisis. Mauricio Macri, Argentina’s right-wing, pro-big business (...)
Final statement of the Peoples’ Summit “WTO Out, Building Sovereignty”

29 December 2017 - by Confluencia fuera OMC

The Peoples’ Summit “WTO Out, Building Sovereignty” gathered on December 11-13, 2017 in Buenos Aires, Argentina, against the XI Ministerial Conference of the World Trade Organisation (WTO) in this city. The networks and trade unions, human (...)
Argentina: The Elections And The Left

1 August 2017 - by Claudio Katz, Eduardo Lucita, Franck Gaudichaud

The Argentine legislative elections in August and October 2017 will be of huge importance for the entire Latin American region, with the government of Mauricio Macri establishing itself as a bastion of the neoliberal right after 12 years of (...)
An Analysis of Argentina’s 2001 Default Resolution

6 April 2017 - by Martin Guzman

This report cites as an important positive step the Belgian Law on vulture funds passed on 12 July 2015. But it is currently being challenged by a Cayman Islands-based hedge fund, NML Capital Ltd. (a subsidiary of Elliott Management Corporation (...)
Vulture Funds in the Context of a Globalized Financial System

13 February 2017 - by Daniel Munevar

The recent legal victory of a small group of vulture funds over Argentina in the battle over its sovereign debt has renewed the discussion regarding the role of these funds. Indeed, the decision of a US Court of forcing Argentina to pay its (...)
CALL TO ACTION!

18 January 2017 - by Argentina Mejor Sin TLC

Let’s put a stop to the WTO’s agenda and to Free Trade Agreements and investment provisions! Let’s build commercial relations that serve peoples’ interests and protect the environment! In 2017, let’s bring the ‘battle in Seattle’ to Buenos Aires! (...)
‘Hats Off!’ to the 31^st National Assembly of Women

1 November 2016 - by Maria Elena Saludas

The National Assembly of Women or ‘Encuentro Nacional de Mujere’s (ENM) is an annual event which has taken place in Argentina since 1986. It provides a space for women that is deeply democratic, pluralistic, self-financed, federal and fair. Women (...)
Argentina: The Debt Tango

17 August 2016 - by Eric Toussaint

We put out here a study about Argentina from Éric Toussaint, which is unpublished online yet. It covers the 1976-2003 period. It has been published in the book Your Money or Your Life. The people of Argentina rose up against the neo-liberal (...)
Part 3 of the interview “History of the CADTM’s anti-debt Policies”

Argentina: Further Action against Illegitimate Debt

17 August 2016 - by Eric Toussaint

Interview with Eric Toussaint, spokesperson and co-founder of the international network of the Committee for the Abolition of Illegitimate Debt (CADTM). Interview by Benjamin Lemoine This interview presents the genealogy of the anti-debt (...)
Monsanto in retreat: movement from the grassroots

12 August 2016 - by Silvia Ribeiro

Since August 1st, the news is spreading that Monsanto had to abandon the construction of one of the biggest factories in the world for producing transgenic seed that was to be installed in Córdoba, Argentina, in the municipality of Malvinas (...)
After the ‘battle of the century’: what next for debt crisis management?

13 May 2016 - by Bodo Ellmers

In late April, the ‘battle of the century’ between the government of Argentina and a group of vulture funds reached an inglorious end. The government of Argentina finally surrendered and paid the vulture funds in full, at a price tag of more than (...)