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(单词翻译:双击或拖选)
Argentina's peso continues its slide to lows not seen for decades
Argentina is experiencing its worst economic crisis in years, with inflation at record highs, turning household budgets on their head.
The Central Bank stands in Buenos Aires, Argentina, Friday, April 21, 2023. The Central Bank raised interest rates on April 20 in an effort to encourage people to save in local currency.
Natacha Pisarenko/AP
STEVE INSKEEP, HOST:
People worried about inflation in the United States should be careful about complaining to anybody from Argentina. The U.S. dollar has lost some of its value in the past year or two, of course. But the Argentine peso has collapsed2. And you can see that in its relative value to the dollar. One year ago, by official rates, you needed around 100 pesos to buy one U.S. dollar, now it's over 200. And if you trade for dollars on the black market, as people often have to do, you would need 500 pesos for a dollar. NPR's Carrie Kahn is in Buenos Aires, where the currency loses value by the hour.
(SOUNDBITE OF MUSIC)
CARRIE KAHN, BYLINE3: Downtown, pedestrians4 weave among sidewalk vendors6 and chalkboard stands outside stores. These days, with prices changing by the hour, it's easier to erase7 than reprint menus and signs. Some vendors say they're changing prices three times a day just to keep up with the plunging8 peso.
UNIDENTIFIED PERSON #1: (Speaking Spanish).
KAHN: Dollar changers try to lure9 tourists with crisp 100 bills. Argentines come here, too, many straight from nearby banks on payday to ditch their pesos into safe dollars.
JUAN LUIS BOUR: We do not trust in our currency like other countries do.
KAHN: Economist10 Juan Luis Bour says confidence has hit rock bottom. The peso has lost 20% of its value just since the first of the year. The black market price is more than double the government's fixed11 rate. And inflation has soared past 100%.
UNIDENTIFIED PERSON #2: (Speaking Spanish).
KAHN: Hawking12 fresh bread from his metal shopping cart, a man zigzags13 down the potholed streets of one of Buenos Aires' largest slums, known as Villa14 21-24, on the outskirts15 of the capital. It's a juggling16 act to survive here, says Ana Vasquez (ph), waiting for church to start.
ANA VASQUEZ: (Speaking Spanish).
KAHN: "You barely make it to the end of the month - always juggling, paying back a loan here, working this job there, selling this or that," she says.
(SOUNDBITE OF MUSIC)
UNIDENTIFIED SINGER: (Singing in Spanish).
VASQUEZ: (Singing in Spanish).
UNIDENTIFIED SINGER: (Singing in Spanish).
VASQUEZ: (Singing in Spanish).
KAHN: Poverty is on the rise. Forty percent of Argentines are now poor. Priest Lorenzo De Vedia (ph), known by everyone as Padre Toto (ph), says he's had to open more and more soup kitchens.
PADRE TOTO: (Speaking Spanish).
KAHN: "It used to be helping17 people make it to the end of the month. Now it's just from day to day," he says. Critics say the government refuses to deal with the crisis and must cut runaway18 government spending by the leftists in power. Current President Alberto Fernandez says he won't sacrifice people's welfare. He says he was handed a country buried in debt four years ago. And he blames the recent plunge19 in the peso on the right.
(SOUNDBITE OF ARCHIVED RECORDING)
PRESIDENT ALBERTO FERNANDEZ: (Speaking Spanish).
KAHN: "This is what they do. They start off in the morning spreading rumors20, keep them going all day and make money off manipulating the dollar," he said this week. Fernandez just announced he won't be running for reelection. Presidential elections are slated21 for October. And it's unlikely the government will devalue the peso before then. But dollar reserves are dropping. And many economists22 predict they might not be able to hold off much longer.
(SOUNDBITE OF BROOM SWEEPING)
KAHN: A vendor5 sweeps up after a farmer's market in Buenos Aires' well-to-do Palermo neighborhood. Thirty-four-year-old Micaiella (ph) waits to take whatever isn't sold. She would only give her first name, fearful of police retribution. She sleeps in the park with her kids, who help her pick up recycling.
MICAIELLA: (Speaking Spanish).
KAHN: She says she just feels like everything these days is going backward, and no one has a plan to move Argentina forward.
Carrie Kahn, NPR News, Buenos Aires.
(SOUNDBITE OF GOTAN PROJECT SONG, "ARRABAL")
1 transcript | |
n.抄本,誊本,副本,肄业证书 | |
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2 collapsed | |
adj.倒塌的 | |
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3 byline | |
n.署名;v.署名 | |
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4 pedestrians | |
n.步行者( pedestrian的名词复数 ) | |
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5 vendor | |
n.卖主;小贩 | |
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6 vendors | |
n.摊贩( vendor的名词复数 );小贩;(房屋等的)卖主;卖方 | |
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7 erase | |
v.擦掉;消除某事物的痕迹 | |
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8 plunging | |
adj.跳进的,突进的v.颠簸( plunge的现在分词 );暴跌;骤降;突降 | |
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9 lure | |
n.吸引人的东西,诱惑物;vt.引诱,吸引 | |
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10 economist | |
n.经济学家,经济专家,节俭的人 | |
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11 fixed | |
adj.固定的,不变的,准备好的;(计算机)固定的 | |
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12 hawking | |
利用鹰行猎 | |
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13 zigzags | |
n.锯齿形的线条、小径等( zigzag的名词复数 )v.弯弯曲曲地走路,曲折地前进( zigzag的第三人称单数 ) | |
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14 villa | |
n.别墅,城郊小屋 | |
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15 outskirts | |
n.郊外,郊区 | |
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16 juggling | |
n. 欺骗, 杂耍(=jugglery) adj. 欺骗的, 欺诈的 动词juggle的现在分词 | |
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17 helping | |
n.食物的一份&adj.帮助人的,辅助的 | |
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18 runaway | |
n.逃走的人,逃亡,亡命者;adj.逃亡的,逃走的 | |
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19 plunge | |
v.跳入,(使)投入,(使)陷入;猛冲 | |
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20 rumors | |
n.传闻( rumor的名词复数 );[古]名誉;咕哝;[古]喧嚷v.传闻( rumor的第三人称单数 );[古]名誉;咕哝;[古]喧嚷 | |
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21 slated | |
用石板瓦盖( slate的过去式和过去分词 ) | |
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22 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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