Argentine President Cristina Kirchner is very popular in his home country, but internationally she is not as well regarded. But what will happen now that the domestic economy is losing momentum?
Over the past ten years the economy has grown by an average of 7% in Argentina. It is good of course and many are satisfied. But this year the increase will, according to experts, only be 2.5%. Argentina also recently become energy importer instead of exporter.
In April, the state mysteriously took control of a local oil company worth $ 10 billion. Spanish major Repsol owner was not happy about this. Add to this the harsh verbal dispute over the Falkland Islands.
At the end of the 1990s the Argentine economy collapsed. It got very favorable loans, but now that the lenders of that time are not paid, they have turned sour and bitter over Kirchner.
With the global uncertainty in the economy together with the state's murky trade barriers and tactics have made that reality catch up. Many experts expect that Argentina will be in real difficulty within soon.
How does economy affect the vulnerable minority populations in Argentina? For the group of Qom in the province of Chaco in northern Argentina, it has become better general in some places over the last 15-20 years.
In and around Saenz Pena, Star of Hope has worked hard to improve conditions in the past thirty years. Through many different efforts the work produce even better results. More and more people come up higher in the educational system with really good grades (although racism and oppression), more and more come into work and create their own opportunities. Most have had a good start in life thanks to Star of Hope.
However, 75-100% of the Qom-population depending on which province lives with many basic needs unmet. No or poor housing, poor access to electricity, water and sanitation are common in some places.
Star of Hope's development continues, and we would like to help more people in different ways and levels.
What will happen now with the Qom population when the economy is shrinking?