Argentine bonds fall to record lows; long queues to withdraw dollar funds

Tuesday, September 3rd 2019 - 09:54 UTC

Full article 3 comments

Argentine bond prices fell to record lows on Monday and the official and black-market pesos diverged after the country imposed capital controls in a bid to stem a currency rout that is sharpening the risk of default. Read full article

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Enrique Massot
A sad end for market friendly president Macri.

A future textbook case that will show the disastrous effects of ideology-driven acts of government.

Of course, the courts are already busy investigating denunciations of suspicious contracts and flagrant conflict of interests in cases such as the Correo Argentino, in which Macri the governant attempted to literally condone a debt of the Macri Group with the Argentina state.
Sep 04th, 2019 - 04:00 am - Link - Report abuse -1
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imoyaro
“A future textbook case that will show the disastrous effects of ideology-driven acts of government.”

You mean the Kirchner's Narcokleptocracy, chantapufi? Meanwhile, in Paraguay...

https://www.worldbank.org/en/country/paraguay/overview
Sep 06th, 2019 - 09:05 pm - Link - Report abuse 0
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Enrique Massot
“Kirchners' Narcokletocracy?”

Never head of it. Would you mind to post a link to it?
Sep 09th, 2019 - 03:04 am - Link - Report abuse -1
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