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YPF Seeks Debt Waivers

May 17, 2012

Argentina's YPF is pursuing waivers from creditors to avoid the accelerated repayment of more than $1bn in debt, it says. The recent nationalization of YPF by the Argentine government might constitute...

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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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