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Wednesday , 8 April 2020

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Face It, Argentina’s ‘Delay’ Is Next Step To Insolvency

Face It, Argentina’s ‘Delay’ Is Next Step To Insolvency

Forbes- Argentina can’t pay its bills. A hard default is coming. Sorry Century Bond holders. It was good while it lasted. Once the new government of Alberto Fernandez and Cristina Kirchner came in, th ...

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Argentina to Default on Local Dollar Debt, Citing Virus Crisis

Argentina to Default on Local Dollar Debt, Citing Virus Crisis

Argentina plans to default on its local dollar-denominated debt by delaying payments until the end of the year as the country falls deeper into recession and restructuring talks with foreign bondholde ...

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Hanke’s Top Five Worst Inflations: COVID-19 is Front and Center

Hanke’s Top Five Worst Inflations: COVID-19 is Front and Center

Each day, I accurately measure inflation for countries experiencing elevated inflation rates using high-frequency data and the principle of Purchasing Power Parity. Below is my list of the five countr ...

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How agricultural withholdings impact on prices

How agricultural withholdings impact on prices

IProfesional - Withholdings on exports from the agricultural sector have become a fundamental instrument from the fiscal point of view and as an economic policy of the last governments so that dollars ...

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How much quarantine does the economy endure?

How much quarantine does the economy endure?

La Voz - A clothing store advises its employees that it will not pay for the 11 days of quarantine on March. A hamburger restaurant fires its 21 eventual workers. A kinesiologist's domestic employee d ...

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Argentina Sacrifices Economy to Ward Off Virus, Winning Praise

Argentina Sacrifices Economy to Ward Off Virus, Winning Praise

Bloomberg - When Alberto Fernandez visited Mexico on his first foreign trip since winning Argentina’s presidency, he said that both countries would face the “challenge of globalization” together. Less ...

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In Argentina, coronavirus brings more economic pain

In Argentina, coronavirus brings more economic pain

Aljazeera - On a sunny Thursday afternoon last month, Gloria Mongelos sat on a plastic chair beside a small, run-down house she had turned into a soup kitchen in Monte Grande, a low-income neighbourho ...

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Coronavirus: how the world economy is reconfigured after the pandemic

Coronavirus: how the world economy is reconfigured after the pandemic

Ambito - The Coronavirus pandemic has caused, by the irremediable social isolation, and the consequent economic situation, the greatest global crisis since the Second World War. Changes, in some cases ...

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Hanke’s Top Five World’s Worst Inflations

Hanke’s Top Five World’s Worst Inflations

Each day, I accurately measure inflation for countries experiencing elevated inflation rates using high-frequency data and the principle of Purchasing Power Parity. Below is my list of the five countr ...

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Argentina will need ‘substantial debt relief,’ says IMF chief

Argentina will need ‘substantial debt relief,’ says IMF chief

BATimes - Argentina’s government will need “substantial debt relief” from private creditors as the coronavirus pandemic and its economic impact exacerbates the country’s financial situation, IMF chief ...

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