Sunday, February 18, 2018

Sunday, Feb

These Are the Five Curses Haunting Argentina's Next President


By Bloomberg

With the race for Argentina's next president heating up, one thing is clear: Whoever ends up winning will inherit an economy in tatters.

Analysts say the situation is so bad that changes to current President Cristina Fernandez de Kirchner's regime of currency restrictions, subsidized energy and trade protectionism are inevitable. The debate is now focused on how quickly and to what degree those adjustments should be applied.

"The challenge will be to launch an attack on all fronts on all these problems, because it won't be enough to tackle them one-by-one," said Luis Secco, director of Buenos Aires-based research company Perspectiv@s Economicas.

Here are the five biggest challenges that the struggling Latin American nation faces... (Read More)

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