The IMF's statement on Argentina published yesterday seems to confirm, if anyone was left in any doubt, what we had already come to expect, in that it seems to offer little hope of an agreement on a new programme being reached any time soon. The late...

Argentina announced last week that it had reached an understanding with the Paris Club on a partial repayment plan for outstanding payments that had been due on 31 May. The payment, amounting to US$2.4bn, had already being deferred from last year and...

EconMin Guzman says bridge deal gives until March to restructure USD 2.4bn Paris Club debt without falling into default. Govt commits to paying USD 430mn of USD 2.4bn debt by March. Guzman says Paris Club March deadline does not affect negotiations w...

Recently, we analysed changes in non-resident and bank holdings of domestic government debt to see how emerging (EM) and frontier (FM) markets have financed their budget deficits post-Covid. This piece will analyse the extent of central bank financin...

Latin America and the Caribbean (or LAC) has suffered terribly from Covid. In this sense, scenarios work as a set of possible alternatives for which it is wise to prepare. These scenarios paint three very different pictures of LAC in 2025, and they a...

One of the key challenges regulators face relates to the fundamental character of cryptocurrencies; traders can benefit from anonymity, making it difficult for authorities to take action. Despite regulators’ dampening efforts, trading volume has incr...