While Argentina is not facing a Covid-19 chaos close to what we have seen in Brazil and Ecuador, the country is mired in yet another financial crisis. On May 22, for the ninth time in its history, Buenos Aires failed to pay interest on its federal debts and began a 30-day countdown to another default.
According to President Alberto Fernández, however, nothing really changed on Friday, as the country “has already been in default for months,” blaming the press for ignoring the story and only writing about it now. Indeed, Mr. Fernández’s comments hold water, as Argentina’s latest...
