It is not true that the collapse in Argentina has spared the financial markets in the rest of Latin America and beyond. The difference between this and previous international financial […]
Category: Argentina
A Country Crashed and Burned
With the Argentine economy quickly crumbling and the rules changing with such bewildering speed, little is certain in the debt negotiations of local companies and their creditors.
Investment Management Review
Against the odds, the best Latin American funds posted respectable returns last year. And despite Argentina?s troubles, economic fundamentals in the region?s main markets look strong and stocks and bonds stand to benefit.
Disintegration of Trust
Confidence in Argentina’s government, the judiciary, the currency and the banking system has collapsed. The public sector, banks, companies and individuals are nearly all bankrupt. Employment is becoming even scarcer; […]
Once and Future Euro Debt
Europe should represent a fantastic new opportunity for Latin American debt issuers, with the advent of a single currency and its increasingly integrated capital markets. However, the chaos in Argentina […]
Topping Out at the Bottom
For the real emerging market gamblers, Argentina offered up a wild ride last year. Many investors came out ahead, but the outlook for the emerging market asset class is uncertain.
Business & Banking
Argentina Clears YPF-Petrobras Swap Argentina’s antitrust regulator approved in mid-November the long-delayed $1 billion swap of refining, retail and other assets between Spanish-owned Repsol-YPF and Brazil’s national oil company Petrobras. […]
Overdosed on Debt
Argentina, consumed by excessive borrowing and spending, has discredited itself with investors. Despite another bond swap, only a full rehabilitation of the sovereign’s messy finances can save the country.
Suing Argentina
Now that the end is in sight for Argentina’s agonizing debt crisis, it is time the world financial system think more seriously about two important issues related to the country’s […]
Where is the Reality Check?
The crisis in Argentina dramatically demonstrates how little the international financial community has learned from the string of crises that have erupted in the emerging markets over the last few years. And there is little sign that Latin America’s latest debt crisis will make a difference.
