Economics

Argentina’s Economy Buckles After Leader Puts Politics First

  • A year and half into Fernandez administration, problems mount
  • Inflation is soaring, Covid is killing, elections are looming
Alberto FernandezPhotographer: Hector Vivas/Getty Images
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In late March, Argentine President Alberto Fernandez sent his guy to Washington to smooth things over. With negotiations stalled, Economy Minister Martin Guzman had meetings with U.S. officials and the International Monetary Fund over its $45 billion loan.