Monday , 20 August 2018

Category: Economy

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Argentina seeks $US30b IMF financing to address peso volatility

Argentina seeks $US30b IMF financing to address peso volatility

Financial Review - Argentina asked the International Monetary Fund for financing to help stem a five-month-rout in the peso that is sparking a surge in interest rates and threaten ...

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Cambiamos? Economic gradualism does not generate credibility

Cambiamos? Economic gradualism does not generate credibility

The Argentine central bank last Friday raised interest rates by another 675 basis points to 40%. A few weeks ago, Argentina found widespread pressure on emerging markets due to th ...

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The dollar puts Macri between the sword and the wall

The dollar puts Macri between the sword and the wall

Last week, we witnessed a true exchange rate as it had not been seen in the country for a long time. In a period of only 5 days, the Central Bank sold 7% of its international rese ...

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Macri and Kirchner differences and similarities in inflation management

Macri and Kirchner differences and similarities in inflation management

In quantitative terms, today's inflation is similar to that of CFK, but qualitatively the thing is very different. Inflation is a monetary phenomenon. When money is excessively ab ...

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In spite of everything, Argentina is on the right track

In spite of everything, Argentina is on the right track

Aldo Abram, Director at Libertad y Progreso, referred to the criticism that the national government has received for the increases in tariffs and the gradualism it is applying to ...

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Institutional quality index 2018

Institutional quality index 2018

Since the beginning of the current government, the country has climbed 23 places in total, and can continue to climb the table, according to experts; the fight against corruption, ...

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Argentina was the richest country in the world

Argentina was the richest country in the world

The recent update of the Maddison Project data states that Argentina ranked No. 1 in the GDP per capita ranking in the years 1895 and 1896. In the textbook "Economics", written by ...

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Russia, China flee from Venezuelan refineries fearing imminent collapse

Russia, China flee from Venezuelan refineries fearing imminent collapse

Russia and China, allied countries of the dictatorship in Venezuela, declined taking over the Venezuelan refineries of Paraguaná, as the Maduro regime had offered. Both countries ...

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Black clouds in the economic horizon

Black clouds in the economic horizon

ÁMBITO FINANCIERO - In January 2006, on the occasion of the use of international reserves to pay the IMF, I published an article warning that it was a very bad idea to get rid of ...

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Is economic growth slowing down?

Is economic growth slowing down?

EL CRONISTA - The quarterly data of Gross domestic product (GDP) arrives somewhat late. Right now, in March 2018, we only have information for the third quarter of 2017. If we loo ...

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