Company. Headquarters and. Ship it right but i need them our chief representative of german history and commerce in hong kong thank you for speaking to w. Thank you argentinas Financial Markets are known to be volatile but even by these standards it was a brutal meltdown the marvel Stock Exchange nervous stock index rather lost almost half of its value in dollar terms what bloomberg said was the 2nd worst one day plunge of any market in 70 years investors panic after the countrys business friendly president was walloped in a primary election by his leftist rival who is running mate is the former president many blame for the countrys economic mess theyre promising more of the state. The peso tumbled more than 30 percent against the u. S. Dollar before recovering somewhat on monday shares in Argentine Companies fell and the price of insuring the countrys Debt Rose Investors fear that argentine president moderate c. E. O. Mock you will lose control of the country before he writes his Fina
mock you will lose control of the country before he writes his financial condition in part through a series of painful cuts on the streets upon us i this normal argentinians are running out of patience. i hope the economy revives because many people want to work and can t we get to the end of the month just making it we re now working to pay taxes because being able to save money ended a while ago. fickle global markets and a bad harvest put argentina in recession in 2018 exports are supposed to lead the way out later this year but the global economy itself is running out of steam inflation and unemployment are high in argentina for many mockery is the problem his government accepted a $56000000000.00 bailout from the much despised international monetary fund and put an austerity program in place. is a bad manager of the economy a bad manager of the economy who applied to gradualism that didn t work much. that s where sunday s big winner populist candidate alberto fernandez comes in he
10:00 or 11:00 permanently for at least several hours, pmany o them about 4500, marched to the port of oakland and shut that down. they were saying that the reason it was so important to shut that down because it s the capital source of commerce and they shut down the port. it was followed by acts of vandalism and small riot in downtown oakland. we appreciate that. take care of yourself out there. the occupy wall street moment seems to help democrats find their inner populist, calling on the top 1% to say what they say is their fair share in taxes. could that help them win back the majority in the house as well? josh, what are the chances of them winning over blue collar workers by beating up on wall