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The way out for a world economy hooked on debt? More debt

Zombie companies in China. Crippling student bills in America. Sky-high mortgages in Australia. Another default scare in Argentina......»»

Category: topSource: moneycentralDec 2nd, 2019

IMF has a decision to make in Argentina: rock or hard place?

The International Monetary Fund has a tough choice to make in Argentina: Unlock over $5 billion in funds under the country's loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic......»»

Category: topSource: reutersSep 13th, 2019

Modern Monetary Theory (MMT) Proponents Have A Big Argentina Problem

Via Global Macro Monitor, Proponents of Modern Monetary Theory emphasize that a country that controls its own currency and borrows in its own currency, like the United States, cannot default on its debt. This is because the c.....»»

Category: blogSource: zerohedgeSep 4th, 2019

"The IMF Is Guilty": Argentina"s Next President Blames Lagarde For Country"s Default

"The IMF Is Guilty": Argentina"s Next President Blames Lagarde For Country"s Default.....»»

Category: blogSource: zerohedgeAug 30th, 2019

S&P slashes Argentina"s long-term debt three notches on maturity extension plan

Standard & Poors announced on Thursday that it was slashing Argentina's long-term credit rating another three notches into the deepest area of junk debt, saying the government's plan to "unilaterally" extend maturities had triggered a brief default......»»

Category: topSource: reutersAug 29th, 2019

Argentina Is Officially In Default Again: S&P Downgrades Credit Rating To SD

The IMF just broke its own record of i.....»»

Category: blogSource: zerohedgeAug 29th, 2019

"It"s An Embarrassment": IMF Faces Humiliation, Billions In Losses As Argentina Braces For Next Default

On Friday, when CNBC's Steve Lies.....»»

Category: blogSource: zerohedgeAug 26th, 2019

Argentina’s Chance of Default Soars

Credit rating agency Fitch believes that the financial and political unrest in Argentina has substantially increased the chance it will default on its sovereign debt......»»

Category: blogSource: 247wallstAug 17th, 2019

Markets signal Argentina may be headed to another debt crisis

In just hours, Argentina went from weathering-the-storm mode to full-on shipwreck as investors dumped government debt on fears of yet another potential default for the crisis-prone South American nation......»»

Category: topSource: moneycentralAug 12th, 2019

Markets signal Argentina may be headed to another debt crisis

In just hours, Argentina went from weathering-the-storm mode to full-on shipwreck as investors dumped government debt on fears of yet another potential default for the crisis-prone South American nation......»»

Category: topSource: moneycentralAug 12th, 2019

ARS Smashed As Argentina Crashes

Argentina's credit and FX markets are crashing for a second day, signaling an implied probability-of-default gauge over 60%, as investors rapidly lose faith that President Macri will .....»»

Category: blogSource: zerohedgeApr 25th, 2019

ARS Pounded As Traders Freak Out About Another Argentina Default

Three days after we listed "five reason for the weakness of the Argentina economy", t.....»»

Category: blogSource: zerohedgeApr 24th, 2019

Argentina"s new financial crisis has some haunting similarities to its last one, but also some key differences

AP/Daniel Luna The 2001 economic crisis in Argentina resulted in the biggest sovereign default in history. Some are drawing connec.....»»

Category: topSource: businessinsiderMay 17th, 2018

Ignorance, Denial And Global Default

Ignorance, Denial And Global Default.....»»

Category: topSource: seekingalphaJun 28th, 2018

Argentina Default Risk Surges, Currency Collapses As Investors Finally Lose Faith

Mauricio Macri’s presidency was meant to lead Argentina out of a dismal period of debt defaults, currency controls and recession. But, as Bloomberg rep.....»»

Category: blogSource: zerohedgeAug 29th, 2018

How Argentina"s Evolving Economic Crisis Unfolded

Argentina’s currency is reeling and its interest rates have been raised to 60%, pummeling investors who piled into the country in recent years after it cured a longstanding debt default......»»

Category: topSource: wsjSep 4th, 2018

Edward Snowden Slams Justice Department For Action Against Samourai Wallet Co-Founders: "The Way To Fix This Is To Make Money Private By Default"

Edward Snowden has slammed the U.S. Department of Justice’s recent actions against app developers, advocating for financial privacy in a recent social media post. read more.....»»

Category: blogSource: benzingaApr 24th, 2024

My 4 cousins and I all have the same first name. We go by nicknames instead.

The author was born in Argentina where there used to.....»»

Category: worldSource: nytApr 23rd, 2024

Eramet"s $800M Lithium Investment A Vote Of Confidence For Argentinian Economic Turnaround

French mining company Eramine, a subsidiary of Eramet, announced a $800 million investment in Argentina's Salta province. read more.....»»

Category: blogSource: benzingaApr 22nd, 2024

Banco BBVA Argentina has filed its Annual Report on Form 20-F for the fiscal year 2023

BUENOS AIRES, Arge.....»»

Category: earningsSource: benzingaApr 17th, 2024