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Argentina Clears Deck for Bond Rebirth

Dec 11, 2009

Argentine president Cristina Fernandez has authorized the issuance of up to $15bn in overseas debt, according to a decree in the government’s official bulletin. The sovereign is in the process of registering a shelf with the US...

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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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