Tag Archives: TX

Argentina: From Bad to Worse

More than 300,000 Argentines took to the streets of Buenos Aires recently to protest the administration of President Cristina Fernandez de Kirchner. It was the second major protest in two months against high levels of crime and inflation.

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Emerging markets brief

Asian equities followed euro zone and U.S. equities lower on disappointment at no action from the European Central Bank. Emerging markets titan China bucked the trend as the regulator reduced equity trading fees as part of the central bank’s commitment to stabilize economic growth. The move helped renew speculation China’s central bank will step in and provide stimulus soon.

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