#Argentine Economy Seen Contracting 2%-3% in ’14: Cap. Economics - TopicsExpress



          

#Argentine Economy Seen Contracting 2%-3% in ’14: Cap. Economics “With hopes of a swift resolution to the Argentine debt dispute fading, capital flight appears to be picking up,” which means damage to the real economy is likely to be greater than initially anticipated, Capital Economics Economist David Rees writes in report. • ARS may be devalued to 10/USD by yr-end • There is a growing risk that the recession will spill over into 2015’’
Posted on: Fri, 22 Aug 2014 11:50:33 +0000

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