Argentines: Argentine Peso and Unemployment

argentines: Argentines are struggling in crisis in what was once one of the world's most prosperous nations, according to The Toronto Star. Consumer prices are soaring, unemployment is high and the Argentine peso has plunged, bringing back haunting memories of the country's economic meltdown in 2001 that pushed millions into poverty. At a barter market on the capital's outskirts, a woman tries to persuade another to exchange for her granddaughters' tiny shoes. In this Sept. 6 photo, people line up for a small meal outside a soup kitchen at a community center in the Villa 1-11-14 shantytown on the outskirts of Buenos Aires, Argentina. The city government gives us money for 440 rations a day, but we're being forced to prepare smaller portions so that we can cover 600 rations, said Cintia Garcia, who runs the soup kitchen.A series of events battered the economy. Natacha Pisarenko / The Associated Press A growing number of people arrive at the Happy Kids soup kitchen in the Villa 1-11-14 shantytown, where servers try to stretch out steaming pots of stew because many more than expected are lining up for food. (news.financializer.com). As reported in the news.

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