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Carlos Piñeiro
Age: 71
Home: Buenos Aires, Argentina
Argentine pensioner Carlos Piñeiro tells us how he and his wife survive on a meagre pension of $1.67 a day each.

He dreams of eating fish in a restaurant but has to content himself with budget food from the local shop. He loves singing tango, writing poetry, good conversation and philosophising about life. Sitting on his balcony overlooking a busy Buenos Aires motorway, he wonders why everyone is in such a hurry.
Filed in: Latin America & the Caribbean, Trade

Argentina's economy

Argentina has one of the largest economies in South America but in 2001 the economy collapsed causing a devastating recession
The country defaulted on its IMF loans and devalued its currency
High inflation and unemployment pushed many people over the poverty line and lead to social unrest
The economy appears to have turned a corner and is growing again but unemployment remains at 11% and nearly 40% of the population remains in poverty
Tango was born in the lower-class cafes and bars of 19th Century Buenos Aires. It became popular in Europe in the 1920s and recently it has enjoyed a global revival

Argentina

Argentina
population: 38 million
population age 65 and above: 8.7%
population living below poverty line: 38%

Filed in: Latin America & the Caribbean, Trade