With the peso in a freefall, many Argentinians can't pay their bills and resort to an alternative economy: bartering. So-called "trugue markets" pop up all over the country
Philippine migrant workers send billions of dollars in remittances every year to support families back home. But they have been hard hit by rising inflation and a tumbling currency. Ana P. Santos reports from Manila.
The government of Argentina denied that it was facing economic failure after the peso fell for three straight days. Investors appear unconvinced that President Mauricio Macri can alleviate the country's economic woes.
Protesters in Buenos Aires have clashed with police in front of Congress to protest cuts to the 2019 budget bill. Argentina's President Mauricio Macri needs those cuts as he has committed to balancing the budget.
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.
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