70-10-19 Latin American Economy & Business Report
Economy & Business Report
Trade war to cause long-term uncertainty despite short-term benefits
The debate in Argentina is no longer about whether there will be a recession or not this year, but about how deep it will be. The available indicators suggest the downturn intensified in the second quarter. It is not yet clear how the government, which has managed a decade of fairly consistent growth, will handle an economy that is now moving in the opposite direction.
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