Argentines hoard as inflation rises

Old habits return as rate nears 30% and peso plunges

Posted: January 31, 2014 at 1:53 a.m.

BUENOS AIRES, Argentina — Consumer prices are soaring, the treasury is running low on foreign currency and the peso has had its sharpest slide in 12 years. Instead of rioting, though, Argentines are falling back on tried and true survival skills to cope with the turmoil.

This story is only available from our archives.

Business, Pages 27 on 01/31/2014


« Previous Story

Pending used-home sales dive 8.7% in December

WASHINGTON — Contracts to purchase previously owned homes in the U.S. plunged in December by the most since May 2010 as higher borrowing costs and bad weather held back sal... Read »

Next Story »

Study: Drivers more alert with new rules

Truck drivers adhering to new hours-of-service rules are more alert and less likely to drift between lanes, according to a field study results released Thursday by the Fede... Read »