Economy & Business - August 2008 (ISSN 1741-7430)
ARGENTINA: Financial problems loom
Although tax receipts are high, the government appears to feel that it is likely to run short of money. This fear is the most likely explanation for the controversial decision to issue seven-year high yield bonds to its ally Venezuela (at a rate of 15%) at the beginning of August.
End of preview - This article contains approximately 950 words
Subscribers: Log in now to read the full article
Not a Subscriber?
Enquire Now