Tag Archives: Argentina

De-Dollarization Continues: China-Argentina Agree Currency Swap, Will Trade In Yuan

It appears there is another nation on planet Earth that is becoming isolated. One by one, Russia and China appear to be finding allies willing to ‘de-dollarize’; and the latest to join this trend is serial-defaulter Argentina. As Reuters reports, … Continue reading

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Here’s What It Looks Like When Your Country’s Economy Collapses

Argentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years and looks poised to do so again soon. Its currency, the peso, devalued by … Continue reading

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Latin American Countries Recall Ambassadors From Spain, France, Italy And Portugal Over Snowden “Neo-Colonial” Flap

The global fallout from the Snowden affair continues to reverberate following the latest news that four Latin American countries – Brazil, Argentina, Urugay and Venezuela – announced on Friday they would recall their ambassadors from the countries that┬áblocked their airspace┬áto … Continue reading

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