Argentina's economy forecasted to contract 1.5% this year, says IMF

Thursday, January 22nd 2015 - 05:52 UTC

Full article 10 comments

The International Monetary Fund (IMF) has predicted that Argentina's economy will contract by 1.3% in 2015, a figure smaller than original estimates, as the organization revised its world projections to reflect tumbling oil prices. Read full article

Comments

Disclaimer & comment rules

LEPRecon
I wonder how much more of the K's 'won' decade the Argentine economy can take?
Jan 22nd, 2015 - 06:13 am - Link - Report abuse 0
-+
chronic
The commodity based perronista protectionist state - lol. Elvis, how do you like it now? Better as a colony of china?
Jan 22nd, 2015 - 10:37 am - Link - Report abuse 0
-+
dsullivanboston
another CFK murder, the argentine economy... Along with Argentine credibility.. she is actually a serial killer
Jan 22nd, 2015 - 12:23 pm - Link - Report abuse 0
-+
chronic
Commodity prices are plummeting: http://www.google.com/url?url=http://www.agrimoney.com/news/world-grain-stocks-to-end-season-at-30-year-high---igc--7894.html&rct=j&frm=1&q=&esrc=s&sa=U&ei=HhbBVJ-eJIacyAT174JY&ved=0CCsQqQIoADAI&usg=AFQjCNH_ECXYSK_CeX-WkKRo3S8NjcBiYg
Jan 22nd, 2015 - 03:29 pm - Link - Report abuse 0
-+
313toBioBio
Let's hand all of our money to Kiciloff, TImerman, Kirchner, Levy, Rousseff and blame everything on Shiites in Iran when it goes to hell.
Jan 22nd, 2015 - 04:00 pm - Link - Report abuse 0
-+
ChrisR
The IMF are still being hoodwinked by INDEC who provide them with the numbers!

You have to larf, 1.5%! They wish.
Jan 22nd, 2015 - 05:42 pm - Link - Report abuse 0
-+
ilsen
Argentina, fast becoming Vnzla 2:0 but without the comfort of the oil cushion, (not that helps these days).
so much for the Bolivarian Revolution, Chavez' dream is dead. He thought he could rely on Oil at $110 per barrel in order to fund the 'Socialist Dream' accross LatAm. Unfornutately this was based on Capitalist Market forces.
Anyone else see the flaw in the plan?
An alternate version of 'spending other peoples money', non?'
Well, his dream has died with him. No more suitcases full of US$ cash for CKC, no more dodgy oil/soy deals for the Chavez 'Princessa' to get her dirty, sticky fingers on. No more political persuasion of the neighbours for 'cheap' oil.
The dream has died, and I am glad. The repurcussions will ripple and swell across the continent and the 'bolivarian' gvts will fall.
CFK doesn't realise what is coming. Soom her Nisman murder will look like small-fry.
It's all going down. Only the Pacific Alliance will survive. And rightfully so!
I look forward to a new balance in South America, with Chile and Colombia at the front.
Jan 23rd, 2015 - 04:19 am - Link - Report abuse 0
-+
Evil Colonialist Pirate
Oooh dear, they should focus on their economy and not on claiming even more land and more mouths to feed.
Jan 23rd, 2015 - 11:13 pm - Link - Report abuse 0
-+
Pete Bog
@6 ChrisR

Look forward to INDEC's forecast(25% growth?) including a self promoting video - happy smiling people with huge shiny biceps, cutting soy in the fields and singing loud songs to the motherland and doing a lot of marching to the Casa Rosada with masses of people waving 'Victory in the Malvinas flags'. (Oh shite, at this rate I'll get a job offer from INDEC).....
Jan 25th, 2015 - 12:05 am - Link - Report abuse 0
-+
ChrisR
@ 9 Pete Bog
“Oh shite, at this rate I'll get a job offer from INDEC”

At that rate they will make you President!

You KNOW you want it! :o)
Jan 25th, 2015 - 04:40 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!