President Cristina Fernandez Kirchner defiant attitude towards international organizations seems to be Buenos Aires’ default stance.
Argentina opposes arbitrators assigned by World Bank to Repsol case
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Monthly Archives: August 2013
Putin makes central banker Shvetsov his mega-regulator
Appointment consolidates financial markets and bank regulation under the central bank, and ends Russia’s decade-long experiment with an independent regulator.
Chile’s strikes, the economy and November’s elections
The world’s No. 1 copper producer is looking anxiously down the path its economy will follow in the next few months. Eyes are on the upcoming November 17 presidential elections, which are tied to the economy as never before.
Long, painful shadows fall over emerging-market currencies
Investors believe that the tide of money unleashed by the U.S. Federal Reserve and that has flooded into emerging markets — an estimated $3.9 trillion of it over the past four years — will now rapidly ebb.
Straying into the grey areas of doing business in China
Not only are Chinese authorities probing the business practices of Western multinationals in a range of industries from pharmaceuticals to autos, but U.S. authorities are now doing the same to the Middle-Kingdom activities of at least one New York bank.
China and India may not be enough to rescue gold
Photo Credit: AFP/Getty Images/Sajjad Hussain
With gold demand slumping to the lowest in four years in the second quarter, bulls are grasping to hold on to anything positive and right now that means India and China.
The seamstress who became Spain’s richest woman
Rosalía Mera, who died on August 15 following a stroke, and Amancio Ortega, her husband at the time, opened their first Zara store in 1975, and created their holding company Inditex ten years later.
Edmund Phelps: Mass flourishing, how it was won, and then lost
Edmund Phelps. Photo Credit: Getty Images for the Louise Blouin Foundation/Thos Robinson
The epic story of the West is the development in the 19th century of a mass prosperity the world had never seen and its near-disappearance in one nation after another in the 20th.
U.S. Fed tapering forecaster in one chart
The trend unemployment rate points to when the Fed will end its current quantitative easing.
Eike Batista nears new ‘downfall’ chapter
The Brazilian billionaire is about to see one of the crown jewels of his former empire slip from his grasp.
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