World Coronavirus Dispatch: Argentina sinks further into the pandemic

Greta Thunberg slams vaccine inequality, Ontario shifts strategy to combat worsening outbreak, all US adults now eligible for vaccines, and other pandemic-related news across the globe

Argentina sinks further into the pandemic

The global economic devastation that has accompanied Covid-19 has been especially stark in Argentina, a country that entered the pandemic deep in crisis. Its economy shrank nearly 10 percent in 2020, the third straight year of recession. The pandemic has accelerated an exodus of foreign investment, which has pushed down the value of the Argentine currency. That has increased the costs of imports like food and fertilizer, and kept the inflation rate above 40 per cent. More than four in 10 Argentines are mired in poverty. Read here

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