The money network:

The money network:

Why crowdfunding threatens traditional bank lending

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

August 2005

Latin America market round-up



Argentina: Dollar bond revival

On July 18, the sovereign sold its first dollar bond since the default at the end of 2001, when it issued $500 million of debt maturing in 2012. The bonds, which carried a coupon of 7.99%, were more than three times oversubscribed. Foreign investment banks led investor demand....


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