Argentina’s bond prices have dropped, showing that investors expect a major debt restructuring soon. Even big financial firms foresee Argentina’s risk of not paying its debts. The American company Moody’s mentioned in a report that economic issues in Argentina might lead to a credit event by 2024-2025. The report highlights the upcoming vote as critical. […]
Related Posts
Beyond right and left: Javier Milei and the minarchist movement in Argentina
Argentina’s President-elect, Javier Milei, frequently receives the ‘extreme’ and ‘far-right’ labels from mainstream media, yet he identifies himself as a minarchist. Minarchy, or night-watchman state, is a political philosophy that advocates for a minimal state, with the government providing only military, police, and judges to protect life and property. It protects people from harm, theft, […]
Copper Output Dips at Chile’s Codelco After Accident
Codelco, a state-owned leader in global copper supply from Chile, faces a dip in production this month due to a fatal accident at the Radomiro Tomic mine. This mine has seen the most substantial drop in production in 25 years. During an interview in Santiago, Chile’s Mining Minister, Aurora Williams, stated that April’s copper output […]
Rio’s Hidden Crisis Demands More Than Just Policing
(Opinion) For years, Brazil has been in the grip of an undeclared war that threatens its future. This silent crisis hits Rio de Janeiro particularly hard, where the power of organized crime casts a long shadow. It’s more than just an issue of crime and violence; it disrupts essential social services like education. When 17,730 […]