Adeptly managed by the central bank and the government, the Argentine peso has been plunging in perfect form, an activity it is very, very good at.
A tightly coordinated campaign by the Spanish government and its corporate masters.
What was that sound? Did you feel a little bump?
Nah… don’t worry about it. Go back to your cabin and have a good sleep.
Deus Ex Machina. But why the heck would the banks want to bail out Argentina? And at what price?
Life is rarely win-win. Unless….
Under the cover of telecom reform is a big stick that can be wielded against political and social activists, investigative journalists, political opponents, or anyone who threatens the status quo.
Something big is going down in Latin America: A slow-moving tectonic shift threatens to split the continent down the middle on ideological lines.
Today’s Hot Money and Mexico’s Tequila Crisis Hangover
The clock is ticking. Fast. June 30 is a mere 12 days away.
Bond markets are abuzz about Argentina’s deal with the Paris Club of creditors on US$9.7 billion of arrears from the 2001 financial crisis. Economy minister Kicillof emerged, in his mind and that of many, victorious. Brilliant diplomatic showmanship.