Tag Archives: finance

The Atypical Foreign Creditor

By Eliot Brockner | Published: November 30, 2008
On 21 November Brazilian authorities recalled the Brazilian ambassador to Ecuador following a public announcement by Ecuadorian President Rafael Correa that the Ecuadorian government would not pay a $243 million dollar debt to the state-owned Brazilian Development Bank (BNDES) for the underwriting of construction on the San Francisco dam. Odebrecht, the Brazilian engineering company that [...]
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Argentina’s Recent Debt Payment

By Eliot Brockner | Published: September 10, 2008
The news on 2 September that the Argentine government paid back close to US$7 billion dollars in debt to foreign creditors came as a surprise. This is the nation that less than seven years ago defaulted on some $90-95 billion dollars worth of debt and whose governments since have so vehemently denied their legitimacy. Nestor [...]
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The Viability of the Current Kirchner Administration

By Eliot Brockner | Published: August 16, 2008
When Cristina Fernández de Kirchner replaced her husband on 10 December 2007 as president of Argentina, she inherited a relatively favorable position in Argentine politics. On the heels of an economic recovery and high popularity ratings, she seemed poised to continue the policies that helped rid Argentina of its debt. Less than eight months later, [...]
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101 Days of Agricultural Protest in Argentina

By Casey Beck | Published: June 20, 2008
After 101 days, four strikes, countless roadblocks, and many arrests, it seems that the conflict in Argentina over agriculture has finally come to a head. Today, the entire country—from coffee shops to taxis to grocers—tuned in to their radios and televisions with new fervor to hear President Cristina Kirchner address the nation on the [...]
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Developments in Cuba

By Michael Bustamante | Published: February 25, 2008
This sure has been one hell of a week for Cuba news. A good friend of mine, Jamie Weinstein, interviewed me about the latest developments for his blog. Be sure to check it out. I’m pasting the post below. - – - – - – - - From blog.jamieweinstein.com   JW: Fidel Castro is stepping aside. What does [...]
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