What caused the economic crisis in Argentina?

Decades of high inflation and the erosion of the currency’s value, coupled with the trauma of the 2001-02 corralito financial crisis when Argentines were unable to access their personal bank accounts for almost a year (and when they were, it was only to find that their dollar deposits had been exchanged for devalued …

What ruined Argentina’s economy?

Beginning in the 1930s, however, the Argentine economy deteriorated notably. The single most important factor in this decline has been political instability since 1930, when a military junta took power, ending seven decades of civilian constitutional government.

How is Argentina doing economically?

Its economy shrank nearly 10 percent in 2020, the third straight year of recession. That has increased the costs of imports like food and fertilizer, and kept the inflation rate above 40 percent. More than four in 10 Argentines are mired in poverty.

Are police in Argentina corrupt?

Global Integrity ranks Argentine law enforcement as weak on anti-corruption performance with a score of 63 over 100. Likewise, Transparency International (TI)’s Bribe Payers Index 2008 gives the Argentine police a score of 3.9 on a 5-point scale, 1 being ‘not at all corrupt’ and 5 ‘extremely corrupt. ‘

Can you drink tap water in Argentina?

Is it safe to drink tap water in Argentina? Although tap water in Argentina’s larger cities is generally considered safe to drink it has high mineral content that can cause stomach upsets so it’s safer to drink bottled water. Bottled water is readily available throughout the country.

Where was the 2015 Argentine motorcycle Grand Prix held?

2015 Argentine motorcycle Grand Prix. The 2015 Argentine motorcycle Grand Prix was the third round of the 2015 Grand Prix motorcycle racing season. It was held at the Autódromo Termas de Río Hondo in Santiago del Estero on 19 April 2015. In the MotoGP class, Marc Márquez took his second pole position of the season.

Who was the winner of the 2015 MotoGP race?

Valentino Rossi, pictured at the 2015 Grand Prix of the Americas, was the winner of the MotoGP race.

What is the current economic situation in Argentina?

Argentina Economic Outlook. September 10, 2019. The economy has been mired in financial turmoil since Peronist candidate Alberto Fernández’s resounding victory in the 11 August primary elections, which hurled both the peso and the stock exchange market into a downward spiral.

Where was the 2015 MotoGP World Championship held?

It was held at the Autódromo Termas de Río Hondo in Santiago del Estero on 19 April 2015. In the MotoGP class, Marc Márquez took his second pole position of the season. In the race, he started well and pulled away from the field to a maximum advantage of 4 seconds.