Category: Web Articles

Nervousness grows over Brazil’s ability to keep paying its vast debts as former union leader Luiz Inácio Lula da Silva pulls ahead in the presidential election campaigns.

Financial markets are beginning to panic because Luiz Inácio Lula da Silva, the veteran candidate of the Workers Party might win the October presidential elections. In fact, markets and the […]

Brazil’s presidential elections are only five months off, and the financial markets are watching every twist and turn in the opinion polls and news coverage of the campaign. When polls […]

President Hugo Chávez is toppled in a coup, but returns triumphantly to power two days later as the army rallies behind him. The coup leaders are rounded up, but the country remainsdangerously divided.

Venezuela’selite has mobilized to push out President Hugo Chávez, inspired by the Decemberouster of Argentina’s Fernando de la Rúa. Fine, but Chávez is the twice-electedpresident of a democratic country and […]

When a company or an individual goes bust, a bankruptcy court sells off their assets to pay its creditors. Companies also change management or give creditors shares instead of debt. […]

Argentines start getting their money back following
controversial court rulings ordering banks to release
deposits frozen since 2001. Economists fear inflation
and more economic disruption.

Aid policy – the subject of the Monterrey summit – is an interesting study in hypocrisy. Leaders of the rich world tell poor countries they must liberalize their trade policies, […]

The catastrophe in Argentina has a morbid fascination for the outside world. Many wonder how a financial crisis could unleash such dire consequences. Two governments have fallen since December 20th, […]