The sum of the sovereign debt emissions by all of the world’s treasuries constitutes an enormous financial market concentrated in a few principal currencies and legal jurisdictions.
The member countries of UNASUR met in Bariloche, Argentinaon Aug. 28. Photo: connuestraamerica.blogspot.com. On Aug. 28, 10 South American presidents gathered at the luxurious Llao Llao hotel in the Patagonian ski resort of Bariloche, Argentina.…
Just three weeks after the southern winter solstice, an already overloaded Argentine health service prepares for the second winter influenza peak expected in mid-July. Swine flu1 has flown south to winter in the southern cone;…
Discussing the G-192 Summit "Anatomy of a Crisis," world economic imbalances, and the Stiglitz Commission. A commission of experts set up by the president of the UN General Assembly on Reforms of the International Monetary…
Latin America has of some of the world’s largest countries, in terms of land area, but the continent has no large global economy, and only two medium-sized economies: Brazil and Mexico. The region also lacks…
On May 31, 2009, seven South American Finance ministers agreed on the basis for establishing the Bank of the South and on September 28, seven South American presidents finally signed the founding agreement. The motivation…
Brazil’s Lula da Silva and China’s Hu Jintao met in Londonat the G-20 summit. Photo: Xinhua/Lan Hongguang. In early April, the executives of 19 countries and the European Union traveled to London to confront a…
When the G7 finance ministers returned home following the Oct. 13 weekend meeting of the International Monetary and Finance Committee, the world’s dailies all led with the same story: substantial gains on world stock markets…
By Tony Phillips On Sept. 9, separatist groups in the resource-rich eastern “half-moon”1 states of Bolivia launched violent attacks on the offices of the government of President Evo Morales. Rebel state governors,2 who lead the…
Perspectives on the ICSID and Argentina’s Debt "Some multinational companies take over our natural resources, privatize basic services, fail to pay taxes and then, when they have no arguments in their defense, they go to…