Argentina

Developing debt disaster

20 June 2023 - by Michael Roberts

Next week 300 international organisations and 100 heads of state meet in Paris to discuss how “to build a more responsive, fairer and more inclusive international financial system to fight inequalities, finance the climate transition, and bring (...)
In memory of Raúl Quiroz

16 July 2022 - by Eric Toussaint, Griselda Pinero

This tribute was written by four hands. Griselda started the portrait of Raúl and Eric took over. Griselda I have been asked to write a portrait of Raúl, who has now taken his leave. For a final goodbye I put a red rose into his shirt (...)
Eric Toussaint: “The IMF agreement with Argentina is perversely sophisticated”

15 June 2022 - by Eric Toussaint, Martín Mosquera

This interview was done by Martín Mosquera for the Latin-American magazine Jacobinlat. Martín Mosquera (Jacobinlat): Concerning Argentina’s agreement with the IMF, there are two ideas presented by the national government that need to be examined: (...)
The Argentinian (2001) and Sri Lankan (2022) Financial Crises: Ways Forward from a Feminist Perspective

27 April 2022 - by Corina Rodriguez

In response to Sri Lanka’s ongoing economic crisis, and the consensus across the political spectrum and even social classes that an International Monetary Fund (IMF) bail-out and structural adjustment programme is the only short-to-medium term (...)
Argentine civil society denounces new IMF agreement as illegitimate

9 April 2022 - by Bretton Woods Project

As reported by Al Jazeera, the Argentine Senate voted on 18 March to proceed with a 30-month Extended Fund Facility (EFF) arrangement of $45 billion or 1000 per cent of the country’s quota. The programme was agreed upon days ahead of a payment of (...)
Why the Popular Movement in Argentina Against the Debt and the IMF is Important

8 April 2022 - by Maria Elena Saludas

The Argentine government and International Monetary Fund (IMF) negotiators reached an agreement on 3 March to refinance some 45 billion dollars in debt. An agreement that was ratified by a majority of Members of Parliament (MPs) on the night of (...)
Two hectic weeks in Argentina, against the agreement with the IMF

31 March 2022 - by Eric Toussaint

It has to be noted that in March 2022 the political and social life in Argentina was largely polarized by acceptance or rejection of the 22nd agreement between Argentina and the International Monetary Funds. A little background: Relations (...)
Interview with Verónica Gago and Luci Cavallero

“Debt Is A War Against Women’s Autonomy”

22 April 2021 - by Verónica Gago, Luci Cavallero, Beatriz Ortiz Martínez

On the occasion of the publication the expanded edition and English translation of A Feminist Reading of Debt, Beatriz Ortiz Martínez, from CADTM, interviewed its authors Verónica Gago and Luci Cavallero, researchers and professors in Buenos (...)
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->https://thenextrecession.wordpress.com/2019/03/22/the-fantasy-world-of-the-long-depression where stock markets hit new highs but output of goods and services, (...)
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 (...)