NewsPronto

 
The Times


.

USA Conversation

The Conversation USA

The Conversation USA

Argentina bets 60 percent interest rates – and $50B international bailout – will revive its economy

  • Written by Robert H. Scott III, Professor of Economics & Finance, Monmouth University
Argentines protest the austerity measures of the IMF bailout. AP Photo/Natacha Pisarenko

An economy in recession. Pesos fleeing the country. The worst drought in decades. The world’s highest interest rates. The biggest bailout in the history of the International Monetary Fund.

Sound scary?

For Argentina, it’s more of the same, as it has...

Read more: Argentina bets 60 percent interest rates – and $50B international bailout – will revive its economy

More Articles ...

  1. Hidden hunger affects nearly 2 billion worldwide – are solutions in plain sight?
  2. Why is it fun to be frightened?
  3. Why doesn't the U.S. bury its power lines?
  4. Out of Matthew Shepard's tragic murder, a commitment to punishing hate crimes emerged
  5. 'Fortnite' teaches the wrong lessons
  6. Why the US needs better crime reporting statistics
  7. Kavanaugh confirmation could spark a reckoning with system that often fails survivors of sexual abuse and assault
  8. Solving the mystery of the wimpy supernova
  9. There are many types of obesity – which one matters to your health
  10. ¿Cómo apoyar a un hijo con depresión? Enséñale a ayudar a otros
  11. Reduced sentencing for nonviolent criminals: What does the public think?
  12. From Caesar to Trump: Immunity is a hard thing to give up
  13. Giant mosquitoes flourish in floodwaters that hurricanes leave behind
  14. Women with heart disease in sub-Saharan Africa face challenges, but stigma may be worst of all
  15. Why a large church group had little impact when it opposed Kavanaugh's nomination
  16. Neil Armstrong and the America that could have been
  17. Protecting wetlands helps communities reduce damage from hurricanes and storms
  18. Don't be afraid to talk about the costs of dealing with climate change
  19. Physical therapy important for women treated for breast cancer
  20. Being born in the wrong ZIP code can shorten your life
  21. Organic farming with gene editing: An oxymoron or a tool for sustainable agriculture?
  22. Resistance is a long game
  23. Hurricane Michael could bring more inland flooding to southeast states
  24. Youth living in settlements at US border suffer poverty and lack of health care
  25. La relación entre el acoso escolar y el uso de teléfonos móviles en el colegio: 6 consejos para evitarlo
  26. La relación entre el acoso escolar y el uso de teléfonos móviles en el colegio: seis consejos para evitarlo
  27. It's naive to think college athletes have time for school
  28. Nobel award recognizes how economic forces can fight climate change
  29. An Indonesian city’s destruction reverberates across Sulawesi
  30. Why we can't reverse climate change with 'negative emissions' technologies
  31. Justice Kavanaugh is a threat to Roe v. Wade – but not the only one
  32. Meet the trillions of viruses that make up your virome
  33. Breast cancer survivors, who lose muscle mass, can benefit from strength training, studies suggest
  34. The Catholic Church's grim history of ignoring priestly pedophilia – and silencing would-be whistleblowers
  35. Statistics and data science degrees: Overhyped or the real deal?
  36. 'Disillusioned' Brazilians choose Bolsonaro, Haddad after a tense and violent campaign
  37. Could villains clone themselves to take over the world?
  38. Amazon and other 'superstar' companies could give all American workers a raise
  39. Why more women don't win science Nobels
  40. Warriors against sexual violence win Nobel Peace Prize: 4 essential reads
  41. Columbus believed he would find 'blemmyes' and 'sciapods' – not people – in the New World
  42. How the loss of Native American languages affects our understanding of the natural world
  43. Beto O'Rourke won't beat Ted Cruz in Texas – here's why
  44. Could an artificial intelligence be considered a person under the law?
  45. For mothers who lose their babies, donating breast milk is a healing ritual
  46. 'Bystander effect' and sexual assault: What the research says
  47. Massacres, disappearances and 1968: Mexicans remember the victims of a 'perfect dictatorship'
  48. 'Coming of Age in Mississippi' still speaks to nation's racial discord, 50 years later
  49. 5 habilidades matemáticas que los niños en edad preescolar deben aprender: enséñeselas de forma divertida
  50. Why trade deficits aren't so bad