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Argentina Pushes for Appeal, Sees Downgrade

Nov 28, 2012

Argentina’s government has filed to appeal the most recent US court judgment, it says, while Fitch has lowered its rating to CC on the likelihood of a default. In an attempt to avoid a default next month, Argentina appealed a 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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