Argentina's economy minister is pushing back on recession talk, saying growth has slowed rather than reversed, while the president points to international turbulence as the driver
Argentina's economy minister is pushing back on recession talk, saying growth has slowed rather than reversed, while the president points to international turbulence as the driver behind rising country risk. The IMF is nudging the government to make sure growth reaches workers, a nod to the falling real wages that have shadowed the recovery. On the brighter side, agricultural exports to Europe have climbed sharply since the Mercosur trade deal, and a new passport-for-investment scheme adds to the government's toolkit for attracting foreign capital.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works