Can Argentina’s Dead Cow Shale Patch Save Its Economy? ...Middle East

Like countries across Latin America, Argentina was hit hard by the COVID-19 pandemic. Infection and death rates surged despite the government in Buenos Aires implementing a strict lockdown. Those events severely battered an already fragile economy and fiscally challenged government. During 2020, Argentina’s gross domestic product shrank by a stunning 9.9%. Despite GDP growth rebounding by an impressive 10.2% during 2021 Argentina finds itself mired in another economic crisis. Inflation is spiraling out of control seeing it weigh heavily on…

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