In my article today I mentioned how bad 6.5% would be - this is something else! https://www.lowyinstitute.org/the-interpreter/gravity-china-s-space-base-argentina … (Sorry shameless plug)
Despite early and aggressive public health measures in Argentina, praised at home and abroad, the national lockdown, imposed March 20, is scheduled to last at least until June 28. As a result, Itaú now projects a stunning 9.1% GDP contraction this year.
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Conservative projections...
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