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Argentina
G20 meeting amid increasing currency tensions
We saw a slight return of euro jitters in the second half of last week, following comments from European Central Bank President Mario Draghi, hinting that the strengthening euro since last summer was problematic for the eurozone. The currency fell from a high of US$1.36 on Wednesday to below $1.335 this morning, but has recovered ...
Argentine government moves against miners
Latin America’s political shift to the Left is starting to have serious consequences as far as mining companies are concerned. In April the Argentine government renationalised the oil company YPF, and early last week introduced a new law aimed at reducing mining companies’ imports into Argentina. Last year foreign investment ...
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