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Argentine Exec Heard Targeting YPF Stake

Nov 16, 2007

A group led by Argentine executive Enrique Eskenazi is rumored to be lining up a bridge loan to acquire a 25% stake in YPF, the Argentine subsidiary of Spanish oil and gas behemoth Repsol YPF. Bankers...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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