A little-noticed decision by policy makers late last year to change the way they value government bond holdings transformed the central bank’s balance sheet overnight, turning what had been a net worth of negative $2 billion into positive $33 billion. I know economists and policy makers will be interested in learning how Argentina did this.
World’s best footballer, Lionel Messi is not a happy man right now, and it has to do with football. While so many footballers would give a lifetime to be at the pedestal Messi is held, Messi feels he lacks something many average footballers have gotten easily – a title win for his country on the…… Continue reading Lionel Messi Retires Due To Continuous Argentine Title Failure
Obama is releasing secret files on the little known US role that led to 30,000 deaths as he visits Argentina- a month after Argentina agreed to start talking about repayment of billions of dollars to US hedge funds it owes.