South America as a whole has endured an increasingly unstable political era, suffering exploitation by dictators, demagogues, and foreign entities seeking a profit. There are three states in which we see these most: Venezuela, Brazil, and Argentina. While much of the international focus has been on the former two, I’m going to shift over and take a look at the… Read more »
Argentine President Macri is getting lots of pushback from Congress and unions for insisting that consumers retroactively pay for gas after the peso devalued.
The head of Argentina’s central bank has resigned amid reports of a row over policies to restore confidence in the country’s ailing economy. Luis Caputo had only held the post since June, and the surprise resignation sent the peso falling further against the US dollar. A statement said he quit for personal reasons and will be replaced by deputy economics… Read more »