Posts Tagged ‘Argentina’

It is time to close the file of Iraq’s debt

Posted: July 9, 2012 in Iraqi Dinar/Politics
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07.09.2012 0:00

several years ago has invested thousands of retired Italian treasury bonds of Argentina, which used to give high yields when compared with its counterpart European and American, but with the collapse of the Argentine economy and the arrival of the country to the brink of bankruptcy stopped Argentina for the payment of any proceeds of the bonds, treasury and even refused to compensate those retirees from those bonds that are not worth the paper printed Balkwyta told them «Control your from rubble» Voloyatem was going to maintain the minimum elements of Argentine economy, stepped in the Italian government through the means available to diplomacy but without interest and almost poor people give up without an offer from Company Debt collection U.S. offered (more…)

Marketwatch: Turkey and Vietnam Among Destinations Providing Best Currency Value for Travelers

Posted: September 1, 2011 in Asian Currency Markets, Investment Tips, Other Currencies
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Travelex Reports on Locations Offering “Best Bang for Your Buck”

NEW YORK, Sep 01, 2011 (MARKETWIRE via COMTEX) — According to a recent assessment by Travelex, the U.S. dollar has strengthened against the currencies of Turkey, Vietnam, Egypt and Argentina, among other top destinations for U.S. travelers. As the world’s largest non-bank foreign currency provider, Travelex constantly monitors exchange rates and is therefore able to determine which overseas destinations are offering the greatest value at any given time.

The Turkish Lira, for example, experienced a year-over-year change of almost 14 percent, which means a visitor to the Eurasian country would receive 14 percent more for his or her currency this year compared to last year. The Vietnamese Dong, Egyptian Pound and Argentinian Peso are also offering a better bargain for U.S. travelers in 2011, with year-over-year percent changes ranging from approximately five to seven percent.

Read more:  http://www.marketwatch.com/story/turkey-and-vietnam-among-destinations-providing-best-currency-value-for-travelers-2011-09-01

Bloomberg: South America Plans Meeting on Defending Currencies, Economies From Crisis

Posted: July 31, 2011 in Investment Tips, Other Currencies
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Finance officials from South America and Mexico will gather next month to discuss ways to protect their currencies and economies from the debt crisis in the U.S. and Europe.

The meeting of finance ministers from the Union of South American Nations, to take place Aug. 10-11 in Buenos Aires, was organized at the urging of Colombian President Juan Manuel Santos. The gathering will allow governments to coordinate action to deal with shared problems including “speculative” capital inflows that are fueling a rally in their currencies, Santos said at a July 28 summit of regional leaders.

Read more: http://www.bloomberg.com/news/2011-07-29/colombia-s-santos-urges-regional-leaders-to-unite-on-currencies.html