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Opinion

 

Cabinet Chief Jorge Capitanich outraged many a few days ago when he declared before Congress (and later during one of his daily Casa Rosada press briefings) that the ruling Peronist government he belongs to had ‘practically eradicated poverty

 

Ten days ago, Argentina defaulted on roughly US $13 billion of its dollar-denominated debt that matures in 2033 by failing to deliver a required interest payment to bondholders. And yes, we said deliver. Argentina made a payment to …

 

Ten days ago, Argentina defaulted on roughly US $13 billion of its dollar-denominated debt that matures in 2033 by failing to deliver a required interest payment to bondholders. And yes, we said deliver. Argentina made a payment to …

 

The long dreaded moment has finally come. Argentina has defaulted on its national debt for the second time in thirteen years, and while the consequences haven’t been as dire as its first default in 2001, one can almost feel …