With recession looming in Argentina, the following ETFs face a tough time ahead: Global X MSCI Argentina ETFARGT It tracks the MSCI All Argentina 25/50 Index. Click to get this free report MercadoLibre, Inc. (MELI): Free Stock Analysis Report GLBL-X MS ARGEN (ARGT): ETF Research Reports Tenaris S.A. (TS): Free Stock Analysis Report ISHRS-MSCI ARG (AGT): ETF Research Reports To read this article on Zacks.com click here. The Central Bank of Argentina raised its key interest rate to 60% in an unscheduled meeting on Aug 30 to cope with the foreign exchange situation and risk of greater inflation.