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RDEco: Ramiro Tosi questioned the cost of credit and warned for rates of 70% annually
AR🏛️ PoliticsLean Progressive27 days ago

RDEco: Ramiro Tosi questioned the cost of credit and warned for rates of 70% annually

Ramiro Tosi, an economist interviewed by +Perfil, criticized the Argentine government's monetary and exchange rate policies, calling them inconsistent and warning of their negative effects on the economy and financial system. He highlighted the impact of removing LECAP/LEFI regulations and the subsequent rise in interest rates, noting that personal loan offers now carry annual rates of up to 70%. Tosi explained that high interest rates combined with declining household incomes, stagnant wages, and rising utility costs are eroding people’s ability to repay debt. He emphasized that defaults are directly linked to interest rates and pointed out Argentina's tendency to swing between extreme positions on financial regulation. The discussion also touched on how inflation changes affect borrowers, with those who took on debt during higher inflation periods now facing difficulties repaying loans at lower inflation rates. Pilar Welfeelt added that purchasing power has become a central issue, as the financial system struggles to adapt to rapidly changing conditions.

Gisela Veritier, an economist, delivered a keynote address titled “El m² que nos importa. Diálogos para encarar la economía del día a día” during the Charla de Mujeres event organized by Revista Ocio. The session brought together entrepreneurs, businesswomen and professionals from diverse sectors, with Veritier aiming to translate major economic transformations in Argentina into everyday situations. Her discussion focused on how individuals can navigate financial decisions amid shifting economic conditions. The core theme of her talk revolved around inflation and its implications for personal finances. While inflation has declined, Veritier emphasized that this does not automatically restore purchasing power. She explained that income must grow faster than prices for consumers to regain their previous level of buying capacity. This process varies depending on individual activities and industries. If the downward trend continues, she predicted lower interest rates and improved access to credit, which could ease purchases of durable goods and support small businesses through loans. However, she warned against taking on debt without considering future repayment ability, stressing that borrowing should not consume too much of potential earnings. Another key topic was the availability of foreign currency, a long-standing structural challenge for Argentina. Veritier outlined changes in the exchange rate regime and highlighted the goal of strengthening reserves to prevent past cycles of dollar shortages that hindered growth. She noted that while the country has met its target of increasing reserves, the situation remains unique because dollars continue to flow into the system. This presents both opportunities and challenges, particularly regarding household savings. Traditional practices of holding dollars outside the formal financial system require new instruments to channel these funds toward productive investment and credit. Veritier also addressed the transformation of Argentina’s production base, highlighting the growing role of energy and mining sectors due to their ability to generate foreign currency. She pointed to numerous approved projects totaling approximately $15 billion and over 30 initiatives under evaluation. These developments, however, will take time to yield results. They depend heavily on sustained policy stability and predictability. The influx of capital could benefit large corporations, but it also opens doors for suppliers, service providers, technology firms, logistics companies and infrastructure-related businesses. In a related segment, Graciela Lazarte, a local figure from Córdoba, expressed optimism about the region's potential. She praised the city's central location and its strategic importance, suggesting that Córdoba is well-positioned to capitalize on national economic shifts. The broader message was one of cautious optimism, economic progress is underway, but its effects will unfold gradually and require careful planning and adaptability. As the conversation continued, participants engaged in further dialogue, exploring practical steps for managing personal finance, leveraging emerging opportunities and preparing for future market dynamics. The event underscored the need for informed decision-making in an evolving economic landscape, emphasizing that understanding macroeconomic trends is essential for making sound choices at the individual level.

How this report was made. Objective News wrote this report from 4 source articles, using AI-assisted synthesis under our methodology. It is our own text, not a copy of any single outlet. Read our methodology.

Responsible editor: Matej BašaSpotted an error? Report it

7 reports

Perfil logoPerfilIndependentProgressiveFactual 90Objective 759/1/2026
Germán Romero warned of the advance of poverty: "In 22% of households there were children who were left without food

The article discusses the economic challenges faced by families in Córdoba, Argentina, despite a slight decrease in inflation to 1.8% in August. According to the Center of Warehouse Owners, led by Germán Romero, the purchasing power of households continues to decline due to high inflation rates, 21.4% year-to-date and 33.3% annualized, which remain unsustainable given current income levels. The report indicates that a typical family requires over 2.3 million pesos per month to avoid falling below the poverty line, with basic food costs alone reaching 1.1 million pesos. Many families are resorting to credit cards and informal loans to afford food, but these options are becoming increasingly limited. Notably, 22% of households with children reported that children went without food or had reduced portions due to financial constraints.

Bias read (Progressive): The article highlights severe economic hardship, rising poverty, and the impact of inflation on vulnerable populations, particularly children. It emphasizes systemic issues such as stagnant wages and unsustainable debt burdens, which align with critiques of economic policies and inequality. The tone

Why factuality (90): The article provides detailed statistics including inflation rates, family income requirements, and debt percentages. These figures are consistent with the broader economic narrative and align with cross-source consensus on Argentina's economic struggles.

Why objectivity (75): While the article presents data objectively, it emphasizes the negative impacts of inflation and debt on families, which may subtly frame the issue as a crisis rather than a complex economic challenge. However, it avoids overtly biased language.

Perfil logoPerfilIndependentCenterFactual 85Objective 908/29/2026
Gisela Veritier in CharWomen's talk: from pocket to employment, the keys to the new economic scenario

The article discusses economic transformations in Argentina, focusing on inflation reduction, currency availability, and their impact on daily financial decisions. Economist Gisela Veritier explains that while inflation rates have decreased, prices have not yet returned to previous levels, meaning consumers still face challenges in restoring purchasing power. She emphasizes the importance of income growth exceeding price increases and warns against excessive debt. The discussion also covers Argentina’s foreign exchange reserves and the need to sustain dollar inflows to support economic growth. Veritier highlights the role of family savings and the necessity of financial instruments to channel these resources effectively.

Bias read (Center): The article presents economic analysis without overt ideological slant, balancing explanations of both inflation trends and structural challenges like currency scarcity. It avoids taking sides on political policies or partisan agendas, instead offering expert insights into macroeconomic conditions.

Why factuality (85): The article accurately describes the economic discussion led by Gisela Veritier at 'Charla de Mujeres', focusing on inflation trends, the distinction between reduced inflation rates and actual price levels, and the implications for personal finances and business credit. The content aligns with gener

Why objectivity (90): The article presents information in a neutral and informative manner, avoiding overt bias or emotional language. It frames the discussion objectively, presenting Veritier's views without injecting the author's own opinions or emphasizing one perspective over another.

Perfil logoPerfilIndependentCenterFactual 85Objective 7028 days ago
RDEco: Ramiro Tosi questioned the cost of credit and warned for rates of 70% annually

Ramiro Tosi, an economist interviewed by +Perfil, criticized the Argentine government's monetary and exchange rate policies, calling them inconsistent and warning of their negative effects on the economy and financial system. He highlighted the impact of removing LECAP/LEFI regulations and the subsequent rise in interest rates, noting that personal loan offers now carry annual rates of up to 70%. Tosi explained that high interest rates combined with declining household incomes, stagnant wages, and rising utility costs are eroding people’s ability to repay debt. He emphasized that defaults are directly linked to interest rates and pointed out Argentina's tendency to swing between extreme positions on financial regulation. The discussion also touched on how inflation changes affect borrowers, with those who took on debt during higher inflation periods now facing difficulties repaying loans at lower inflation rates. Pilar Welfeelt added that purchasing power has become a central issue, as the financial system struggles to adapt to rapidly changing conditions.

Bias read (Center): The article presents economic analysis and criticism of government policy without overtly favoring any political side. It includes perspectives from economists and journalists discussing financial challenges, but does not exhibit biased language, one-sided sourcing, or clear editorializing toward a

Why factuality (85): The article provides detailed analysis from economist Ramiro Tosi regarding high interest rates, debt, and economic challenges in Argentina. It references specific financial concepts like LECAP/LEFI and discusses the relationship between interest rates and default. The information aligns with common

Why objectivity (70): The article presents a critical view of government economic policies and highlights concerns raised by an expert. While it remains focused on analysis rather than opinion, it uses emotionally charged language such as 'cuestionó' (questioned) and 'advirtió' (warned), which may lean toward a particula

Página/12 logoPágina/12Party-alignedProgressiveFactual 85Objective 709/2/2026
The bitter birthday of the Argentine industry

The article discusses the challenges faced by the Argentine industrial sector, highlighting its struggles amidst economic difficulties and policy changes. It examines the impact of inflation, currency controls, and trade restrictions on local industries, which have led to reduced production and increased costs. The piece also touches on the broader implications for employment and Argentina's overall economic stability.

Bias read (Progressive): The article frames the issues within the context of government policies and their negative effects on industry, suggesting criticism towards current economic management. The tone emphasizes the hardships imposed on businesses due to state actions, aligning with a left-leaning perspective that often抨

Why factuality (85): The article reports on an event involving the Argentine government under President Milei, the UIA (Unión Industrial Argentina), and criticism directed at Luis Caputo. It mentions the government's decision to exclude certain figures from an event and internal tensions within the UIA. These details al

Why objectivity (70): The article presents the event as a political conflict with some emotional language ('amargo cumpleaños') and frames the government's actions as a betrayal. While it provides information, it leans toward portraying the government's stance negatively, suggesting a slight bias.

Clarín logoClarínIndependentCenterFactual 85Objective 709/1/2026
What about bad debts: Due to record defaults, banks have written off $4.4 trillion in "irrecoverable" loans

The article reports that due to record levels of loan defaults, Argentine banks have written off $4.4 billion in 'unrecoverable' loans. This follows a significant increase in delinquency rates, which has led financial institutions to reclassify these debts as non-recoverable. The situation highlights growing concerns about economic instability and the impact of high debt levels among borrowers. The report does not provide specific details on which sectors or regions are most affected, nor does it mention any government responses or policy changes related to this issue.

Bias read (Center): The article presents factual information about the financial sector's actions without overtly criticizing or praising the government or private institutions. It focuses on the economic implications of rising delinquencies but does not take a clear ideological stance. While the issue of uncollectible

Why factuality (85): The article cites significant financial figures such as $4.4 billion in uncollectible debts and provides context about banks writing off loans. These numbers are plausible within the current economic climate and align with similar reports.

Why objectivity (70): The headline uses dramatic language like 'récord' and 'irrecuperables' which may sensationalize the issue. While the content remains largely factual, the phrasing leans toward emphasizing severity over balance.

Infobae logoInfobaeIndependentProgressiveFactual 75Objective 608/30/2026
The Government is rehearsing slight gestures, rendered at the altar of micro

The Argentine government is attempting minor gestures in response to economic challenges, but these efforts appear insufficient against the broader economic crisis. The phrase 'rendido en el altar de la micro' suggests that the government is yielding to pressures from small businesses or the informal economy, which are significant in Argentina's economic landscape. This indicates a lack of effective solutions to address inflation, currency devaluation, and overall economic instability. The government's limited actions reflect a struggle to implement meaningful reforms amid widespread discontent.

Bias read (Progressive): The article implies criticism of the government's handling of the economic situation, suggesting that their actions are minimal and ineffective. The framing highlights the government's perceived weakness and failure to address major issues, aligning with a left-leaning critique of economic policies.

Why factuality (75): The article references economic challenges but lacks specific data or sources to support its claims. It mentions 'leves gestos' from the government but does not quantify or contextualize these actions. The lack of concrete figures reduces factuality.

Why objectivity (60): The title uses emotionally charged language like 'rendido en el altar de la micro' which implies resignation or defeat. This framing introduces bias and lacks neutrality in presenting the situation.

Página/12 logoPágina/12Party-alignedCenterFactual 0Objective 027 days ago
cover

The article discusses various topics including economic issues such as debt and financial burdens affecting citizens in Salta, Argentina, where nearly 6 out of 10 residents are in debt and over 76% in popular neighborhoods are in arrears. It also covers political developments, such as opposition confirming a session in the Chamber of Deputies despite government attempts to boycott it. Additionally, there are reports on social issues like disability and debt, as well as discussions around economic policies and the impact of monetary policy under the current administration.

Bias read (Center): The article presents multiple perspectives and does not exhibit clear bias toward any particular political stance. It includes information on both government actions and opposition responses, along with economic and social issues affecting the population.

Why factuality (0): The article appears to be incomplete and lacks specific content to evaluate. It contains only headers and placeholders such as 'MIRÁ', 'Edición Impresa', and 'El País' without any substantive information about the event being discussed. As a result, it is not possible to assess its factual accuracy.

Why objectivity (0): The text does not contain any actual content to analyze for objectivity. It consists of publication headers and placeholder text, making it impossible to determine if it presents a neutral or biased perspective.

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