How a Year of ‘Endless Storms’ Battered Argentina’s Economy

A woman that was affected by the storm and floods in Argentina earlier this week takes peanut bags thrown away by a supermarket, which was completely flooded on April 4, 2013. Daniel Garcia/AFP/Getty Images

BUENOS AIRES—Argentine government worker Fabián Pennella lost his job on Aug. 17, just as his country plunged deeper into economic crisis. On the same day, President Mauricio Macri acknowledged in a news conference that more Argentines were living in poverty.

In Argentina, 2018 has become the year of the “new poor.”