Peso pressure: Argentina faces new economic crisis

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What went wrong in Argentina? The peso has lost half of its value against the dollar this year - and the government's been forced to slash spending and impose new taxes in an effort to balance the books. Argentina's finance minister has met IMF chief Christine Lagarde in Washington to discuss the government's request to speed up payments from its $50 billion bailout.
Also in this programme:
Emerging market turmoil
The currency rot spreads across emerging markets: is the sell-off likely to continue?
Crossing continents
And we meet the Togolese entrepreneur in Shanghai who's helping Chinese businesses to set up in Africa.

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[jbebing]

What's new? Almost every year, Argentina face economic crises...

[cory]

imagine if the people in Argentina had bought gold.

[alanwayne]

You shouldn't sell your resources, but make things out of them and sell the LABOR

[Needcollegehelp]

Time to cry for Argentina...best if Argentina converts to dollar economy

[CharlieFBarassi]

here we go again ..my country economy sucks

[Barskor]

What went wrong? LOL! Margret Thatcher said it best with "The problem with is Socialism you eventually run out of other peoples money."

[jonathancisneros]

I think the other countries that are emerging should buy gold and completely leave the dollar as the reserve currency. If not, there gonna get hurt just like Argentina.

[eliasdircie]

We are back to Greece...And only President Mauricio Macri could do it.Thanks IMF.

[mirceapintelie]

Every country has the currency that it deserves

[nd-rtdl]

The dollar is a powerful currency that will not go down any time soon at least not in our time or even in centuries to come. The dollar is a universal powerhouse that is valuable anywhere in the world. So, stop listening to those haters talking nonsense that the dollar is dying or that the dollar will fall, you will be waiting for the rest of your life, for that won't happen in our lifetime.