Back in Argentina's Arms

Back in Argentina's Arms


It has only been five years since Argentina's financial firestorm, but already the country has made an almost unthinkable rise from the ashes. Buenos Aires, with its beautiful people and tree-lined streets, is now seducing investors from as far away as Asia. Though reviled as the emerging markets' top pariah after bailing on $100 billion of loans in what turned into the biggest debt default in history, Argentina had investors flocking to a new issue of dollar-denominated debt in March. And with an unpredictable, populist president and structural reforms still elusive, the sumptuous yields on offer for opportunity-seekers show no signs of vanishing yet. Visitors to Buenos Aires could be forg

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