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.
Category: Argentina
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.
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. […]
Banco Rio’s Safe, Sensible Strategy
Enrique Cristofani Argentina’s banks, a pillar of strength before the country slid into recession in 1998, are facing an uncertain future. As Argentina enters its fourth year of recession, preparing […]
So long, Farewell Aerolineas
The Argentine national airline is in private hands, 11 years after it was privatized. But nobody is saying what the new owners paid for one of Latin America’s worst airlines.
How Long Can It Go?
The September terrorist attacks on US soil and Operation Enduring Freedom temporarily deflected attention from Argentina’s deteriorating financial situation. But the unflattering glare quickly found its way back to the […]
MarketWatch
Argentine Bank Deposits Slide Bank deposits in Argentina peaked in February at $75.17 billion but have fallen almost every month since. Deposit levels are an indicator of the ebb in […]
The Glitter is Gone
Under Juan Navarro, the Exxel Group shot to fame as Argentina’s most savvy leveraged buyout firm. But some of its companies are in financial trouble as Navarro’s financial and management expertise is lacking luster.
