Lenders provided Puerto Rico with more debt than it could possibly handle, so of course it defaulted.
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Puerto Rico’s Inevitable Default
Tag Archives: Argentina
China’s Fishing Aggression
As with computer hacking, illegal Chinese fishing reflects state policy, not merely rogue actors.
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The Argentine Pope And The Iranian President
Pope Francis seems to overlook Iran’s role in bringing terror to his own hometown.
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The Newest Mafia State
If you buy the official story of an Argentine prosecutor’s death, you probably also believe Russia stays out of Ukraine.
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Greed Kills
The U.S. threatens to fine a French bank $10 billion. France plans to sell two warships to Russia. There is no connection.
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In Russia, FedEx Is Cast Away
Onerous new import procedures halt international parcel delivery to Russian consumers. Do svidaniya, Wilson.
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A Chiseler As Well As A Deadbeat
Investors fishing for returns in Argentina recall the old joke about a stick with a hook at one end and a fool at the other.
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Argentine Kleptomania Strikes Again
Argentina’s seizure of Spanish-owned energy assets is a warning to other multinationals: Don’t expect any better treatment.
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Falklands Still A Hot Spot In A Cold Southern Ocean
The Falklands are still a global hot spot. The U.S. and Brazil could get dragged into the long-running Anglo-Argentine dispute.
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Approach Latin American Investments Warily
When ordinary market cycles become long-term declining trends, a change in investment approach is warranted.
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