Argentina’s poverty levels hit 20-year high in January

Agustin Catamano, 48, who said he is homeless, sleeps on the streets of Buenos Aires (Rodrigo Abd/AP)

Poverty levels in Argentina skyrocketed to 57.4% of the nation’s 46 million people in January, according to a study by the Catholic University of Argentina (UCA).

The underprivileged rate is now the highest number of Argentinians in 20 years.