“Taking Advantage of the Crisis: Three Steps for the Revolution Argentina Needs” By Federico Fernández, courtesy of Fundacion BASES Let’s be clear, the Argentine economy was already tumbling before we even suspected that a delicious bat soup would quarantine a third of Humanity. But there is also no doubt that the economic situation as […]
Tag: default
Argentina’s bankruptcy assured, could default to IMF
“Argentina – ninth national bankruptcy is imminent” By Angelica Dominguez-Cardoza and Cristoph Trebesch, courtesy of IfW Kiel As Argentina’s elections were set to begin Sunday, the state is headed for yet another bankruptcy. The government has borrowed nearly $45 billion overseas in just two years. The country’s debt ratio has nearly doubled since 2015 to […]
Argentina’s New Look: Get ready for a haircut, bondholders
Argentina’s likely next president, Alberto Fernandez, has signaled his intention to “restructure” the country’s debt, meaning another selective default following the one already imposed by current president Maurico Macri in August. The terms currently proposed by Fernandez, who is widely expected to win the country’s next election slated to begin October 27, involve […]
Hold on tight, Argentina, you’re in for a rough ride
By Mercedes Colombres, Media Director, Libertad y Progreso (original) Economist Aldo Abram, the invited speaker for an exclusive breakfast for members of Libertad y Progreso, hosted at the Feirs Park Hotel with support from the Naumann Foundation, envisioned a difficult path for the […]