FT: Alarm over Argentina measures

Johannes Schneider Johannes.Schneider at gmx.net
Wed Jun 20 07:24:24 MDT 2001


The Argentinian 'pseudo-devaluation' dominates today's ft.com Americas page:
http://news.ft.com/news/worldnews/americas

They are carrying two reports on Argentina and an additional editorila,
another report deals with the effects on Chile. There is a link to the
latest IMF Argentina report as well.

One of the reports concludes:
"Finally, investors returned to the questions about Mr Cavallo himself. Is
he just distracting from Argentina's fiscal problems with so much financial
legerdemain? Or is he waiting for the right moment to implement the
politically unpalatable reforms the market wants?"

Any comments?




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