Argentina recession probability hits 82% in August, university study shows

A Universidad Torcuato Di Tella study shows the probability of Argentina's economy entering a recession in the coming months rose to 82% in August, up from previous levels. This signals deteriorating economic conditions amid ongoing instability, though the study's methodology and exact timing of a potential recession remain uncertain. The elevated probability underscores deepening economic stress in Argentina, which could pressure markets and policy responses.