Argentina's economy has shrunk more than two percent over the last year. The country's inflation rate is about 40 percent. Now people are stepping up against the economic policies of President Macri.
Hundreds of thousands of Argentines had campaigned to completely decriminalize abortion in the predominantly Catholic country. Abortion is currently allowed if a woman has been raped or her health is at risk.
Colombia has withdrawn from the South American organization set up by the late Venezuelan leader Hugo Chavez in 2008 to counter US influence. The bloc was the accomplice of a "dictatorship," the Colombian president said.
Inflation has hit 25 percent, the Argentine peso has lost about 20 percent of its value against the US dollar, and the federal budget is in deficit. The government hopes the IMF loan will get the country back on track.
Argentina's central bank has performed a series of rapid-fire rate hikes to help stabilize the national currency. The country wants to prevent a repeat of its 2001-2 economic crisis that left its population in poverty.
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