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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 fel ....
Country so let s look at what happened yesterday in the markets because clearly with a deeper sation off the pace so at the forward to getting increasingly likely when asked to know that $455.00 continue and that is denominated in foreign currency that means they have to pay in foreign currency rast their own currencies losing in value and the more that happens the more costly it gets and the higher the likelihood of a d. fold at the same time casino kitchen and the potential new government they have already said they are planning on reopening of the package with the i.m.f. also another bad sign for the markets because it s quick i continue as clearly headed into a scenario where the economy might actually had south and also we have a lot of troposphere most likely when it comes to repaying that debt with that back to you and advice from frankfurt thank you. one thing that all ....