1. Crisis in Argentina
... the peso collapsed by 70%, a new industry was born. All over the country, the feeble economy has pushed Argentines into very desperate measures. In what seems like a chapter from the Russian Revolution, thousands of Argentines have saved their jobs by seizing control of debt-ridden factories when the bosses fled. The men of the Union and Force Co-operative occupied their metal ... , on which Uruguay depended for most of its tourism, construction activity and dollar deposits seemed to be the final straw. After the worst tourist season in living memory, the country is already braced for ano...
- Word Count: 3213
- Approx Pages: 13
- Grade Level: Undergraduate