#NewWorldReport: Argentina and Iran and Hezbollah . Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 11 October 2023
⏱️ 7 minutes
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Summary
#NewWorldReport: Argentina and Iran and Hezbollah . Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis
https://www.reuters.com/world/americas/argentina-central-bank-weigh-rate-hike-thursday-meeting-source-2023-10-10/
1930 Argentina
Transcript
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| 0:00.0 | Sarah, where's the car? It's gone. It's not gone. It's with fixer. Since you never got |
| 0:04.5 | Ranta servicing it, I took care of it. Fixed up. Fixed up. Fixed is great. They pick |
| 0:08.2 | up your car, drive it to the garage, handle the service, then drive it straight back |
| 0:11.1 | to you. Sounds expensive. Don't worry. They negotiate their prices with their partner |
| 0:14.8 | garages and the car pickup services included. So since that's all handled, how about you |
| 0:18.9 | take a look at that leaky tab or do you need me to fix that too? For easy car maintenance, |
| 0:23.3 | head to fixter.co.uk. We'll pick up your car and take care of all the rest. Fixed up |
| 0:28.6 | and you're back on track. |
| 0:29.6 | This is the New World Report. I'm John Batsworth, Professor Avinellis of the US Army War |
| 0:39.6 | College, the elections in the Americas, the largest, most significant election. They're |
| 0:45.1 | all important. I just mentioned the scale of the country and the trouble that it's in |
| 0:50.6 | this Argentina. We have now news always of the Argentine economy, struggling. Argentina |
| 0:57.6 | Central Bank to weigh rate hike at Thursday meeting. In other words, we're looking at the |
| 1:03.3 | possibility of more adjustments for a country that's experiencing inflation well above |
| 1:09.4 | 100%. It's hard to believe how you manage that. I've watched anecdotes about, there's |
| 1:16.8 | an anecdote about a barber who has documented 9,000 percentage increase in inflation since |
| 1:24.0 | he started many years ago. The election pits a man who is presented as a libertarian. Malay |
| 1:32.4 | versus a man who has considered a financial expert, Masa, the present economics financial |
| 1:39.8 | minister, representing the establishment. There is a third candidate, but right now the |
| 1:44.4 | polls suggest there will be these two emerging from the first round. Professor Malay requires |
| 1:50.8 | much more attention because he's an outsider. He wants to dollarize the Argentine economy. |
| 1:56.8 | What does that mean? What will it do for this inflation rate and also the money it owes |
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