The South American country of Argentina was millions of dollars in debt and the International Monetary Fund, IMF, was no longer willing to provide financial support. People wer… See more

Argentinazo was the name coined for the December 2001 crisis that took place in Argentina. The protests were initiated by revolting groups against the incumbent governmen… See more

Two years before the crisis began, Fernando de la Rua, under the party Alliance for Work, Justice and Education, had emerged as the president in the 1999 elections. T… See more

In an attempt to salvage the country’s economy, the government decided to launch two different campaigns on debt expansion and refinancing. These campaigns… See more