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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 […]
Internet Giants Can’t Lose?
Writing in The Guardian, Carlos Fernandes, a World Economic Forum young global leader, argues that the proposed EU copyright law, intended to break tech juggernauts’ grip on European media, will have precisely the opposite effect. By penalizing organizations for the copyright abuses of their users, the law will incentivize digital media platforms like […]
African Growth Will Bounce Back – Will Migration Too?
Sub-saharan Africa’s economic growth rate dipped to 2.3% in 2018, down from an average 3.3% in the previous half-decade, according to a World Bank cited by the Financial Times, but the slowdown won’t last: over the next few years increasing prices for commodities will boost the region’s agricultural and mining sectors, the mainstay of many […]