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Sovereign Drags Arcor to Single B

Apr 27, 2012

Moody’s has lowered the rating of Argentina’s Arcor to B1 from Ba2, it says, mostly on the weakness of Argentina’s rating. “The rating actions reflect...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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