Javier Milei was recently elected president of Argentina on a platform that included dollarizing the economy (by making the U.S. dollar legal tender instead of the Argentine peso) and ending the ...
(Bloomberg) -- Economics says it’s way past time for the International Monetary Fund to pull the plug on Argentina. Geopolitics helps explain why it hasn’t — yet. Over the past five years, the Fund ...
Argentina did everything backwards. We were a developed, rich country that, after years of populism, has ended up underdeveloped. The prosperous Argentina of the 19th century, one of the richest ...
Argentina's sharp devaluation of its currency was necessary but the move could fuel its already-high inflation and increase the fiscal deficit, posing the government tough new policy challenges. Still ...
If you owe the IMF $3.6 billion, it’s your problem. But if you owe the IMF $36 billion, it is their problem. When the IMF gathers in Marrakesh this week, there will be quite a few countries vying to ...
The odds didn’t look good. Previous presidents had failed to address one of inflation’s root causes: government deficits. Without access to capital markets, Argentina often turned to the central bank ...
International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday the Argentine economy faces "very significant" problems including high inflation, but she is impressed with the ...
Argentina's crumbling economy is forcing SND Electronics Inc. to shift its focus to other South and Latin American countries and the Caribbean, where SND's revenue jumped from $4 million to more than ...
MercadoLibre, Inc.'s stock has reached 52-week highs, but the growth rates may be inflated by high inflation rates in Argentina. The company's financials have been strong, but competition from other e ...
Things weren’t always this desperate for Deborah Fischer and her husband Hector. Until a few years ago, the young Jewish couple sold notebooks, pencils and school supplies from their own kiosk and ...
The Budget Crunch Is Coming. States Must Adjust Their Spending Accordingly Sorkin Rounds Up the Usual Suspects A Warning from Chicago Washington Is Fighting the Wrong Battle on Health-Care Costs Mark ...