Longtime Bull Greylock Says Argentina in 'Safe Hands' With Massa bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Argentines will on Sunday move a step closer to deciding who will run the $600 billion economy engulfed by a deep crisis that involves runaway inflation, a dearth of U.S. dollar reserves and an electorate with little trust in its currency. Regardless of who wins the race between libertarian populist Javier Milei, center-left economy minister Sergio Massa and center-right ex-minister Patricia Bullrich, the next government will have to deal with a gargantuan pile of debt and a peso so weak that the leading candidate is on a platform to scrap it. Inflation runs at 138%, local interest rates stand at 133% and the black-market peso has lost over 60% of its value this year.
Dollarization, devaluation, debt: potential traps for Argentina investors reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Argentines will on Sunday
move a step closer to deciding who will run the $600 billion
economy engulfed by a deep crisis that involves runaway
inflation, a dearth of U.S. dollar reserves and an.
Analysis-Dollarization, Devaluation, Debt: Potential Traps for Argentina Investors usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.