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Montevideo, November 15th 2024 - 01:23 UTC

Tag: financial downturn

  • Saturday, October 12th 2019 - 09:50 UTC

    “Argentina's financial downturn is a crisis of confidence in political institutions”

    Zuchovicki, who is capital market manager of the Buenos Aires Stock Exchange, said that the country’s economic downtown has resulted in a pervasive issue

    Argentina's financial crisis has been exacerbated by the political uncertainty facing the country with its president Mauricio Macri now most likely to be voted out of office at the national elections at the end of the month. However, according to Claudio Zuchovicki, the secretary-general of the Iberoamerican Stock Exchange Federation, the financial downturn is mostly a crisis of confidence in political institutions.