Author: Tony Phillips

Argentina’s Warning on Sovereign Debt

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.

South America’s Swine Flu Winter

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

South American Trade and Currency Volatility

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

G-20: Round Two

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

Can G7 + G20 = Recovery?

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

The Bolivian Crisis, the OAS, and UNASUR

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