Argentina’s economic crisis has led to widespread poverty, affecting over half of the population. Soup kitchens, essential to many struggling families, are facing shortages after the government halted a food distribution program in December as part of a major cost cutting effort. President Javier Milei is being urged to reinstate the program to address the urgent needs of the country’s most vulnerable citizens. The situation is deteriorating, with many families relying solely on soup kitchens for their meals. Inflation, high unemployment, and budget cuts continue to exacerbate the hardship. Al Jazeera’s Teresa Bo reports from Buenos Aires. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on […]
Argentina’s annual inflation rate now stands at 114 percent `more than 100 percent. That means the prices of some basic goods have more than doubled in the past 12 months. The numbers from Argentina’s Bureau of Statistics also reveal that four in every ten people have been thrown into poverty. Al Jazeera’s Teresa Bo reports from Florencia Varela in Buenos Aires Province where many must get creative to make ends meet. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Argentina #ArgentinaEconomicCrisis #ArgentinaInflation
Thousands marched on the streets of the Argentine capital to protest against a loan repayment deal with the IMF, fearing the economic fallout on their lives. They say the record $57 billion loan should be ignored. But that would risk isolating the country from international financial markets. Al Jazeera’s Teresa Bo reports from Buenos Aires. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Argentina #ArgentinaEconomicCrisis #IMF
