Category: Argentina

So far, Uruguay has fended off a collapse of its banking system, which has been rocked by fallout from Argentina’s
financial crisis. Despite a $3.8 billion multilateral aid package,the outlook remains grim.

This would seem a good time for shrewd investors to go rummaging for deals in Argentina’s corporate bargain basement, but risk still outweighs the promise of reward for all but the most audacious buyers.

With Argentina’s provinces and banks withdrawing support, the federal government is running out of options to keep the financial system alive and revive the economy.

To save Argentina’s decimated banking system, economist Steve Hanke proposes repealing the Central Bank’s ability to issue pesos and giving solvent banks the ability to issue dollar-denominated notes.

A deepening financial crisis is adding another layer of complexity to Argentina’s troubles, made worse by the government’s extraordinary incompetence.

The upheaval in Argentina has terrified providers of trade finance who are charging more for loans or want borrowers to set up complex structures to lay off risk. Cheap money across the region is a thing of the past.

A group of American economists has dominated the debate over the policies that Latin American governments, especially Argentina’s, should adopt. Any policy they suggested would have worked better that what is in place.

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 […]

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.

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.