Tag Archives: Inflation

Business this week

Business this week

The Argentine government introduced emergency capital controls, restricting the amount of dollars that people and firms can buy. The measures are meant to stop money gushing out of the country amid a run on the peso, which has tumbled as investors fret that October’s presidential election will be won by a ticket that includes Cristina Fernández …

Bello | Will South America’s “pink tide” return?

Bello | Will South America’s “pink tide” return?

Argentina’s election may not portend a regional swing back to the left FOUR YEARS ago the unexpected victory of Mauricio Macri in Argentina’s presidential election marked the ebbing of the “pink tide”, a long period of hegemony of the left in South America. In its wake centre-right candidates went on to triumph in Peru, Ecuador, Chile …