Latin America – The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology

IMF: All you want to know about Argentina

June 20, 2018 by The Sting's Team Leave a Comment

This article is brought to you in association with the International Monetary Fund Written by IMF staff Frequently asked questions about Argentina, June 7, 2018 How much money will be disbursed to Argentina to support the new economic plan? Argentina and IMF staff have reached an agreement on an economic plan that can be supported by […]

Filed Under: IMF News Tagged With: Argentina, Argentina COP21, Argentine, Buenos Aires, crisis, debt, devaluation, IMF, International Monetary Fund, Latin America, loans, money, peso, peso devaluation

Latin America’s cities are ready to take off. But their infrastructure is failing them

June 7, 2018 by World Economic Forum Leave a Comment

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Robert Muggah, Research Director, Igarapé Institute Latin America is the planet’s most urbanized region. In just over a generation – between 1950 and 2010 – the proportion of people living in cities grew from 30% to more than 85%. […]

Filed Under: World Economic Forum Tagged With: European Union News, Latin America, Latin America development, Latin America deveoping economies, Latin America growth, Latin American cities, The European Sting, The Sting, World Economic Forum

‘Safe Eurobonds’: a new trick to betray the south euro area countries

February 1, 2018 by Dennis Kefalakos Leave a Comment

All along the years after the 2008-2010 financial crisis, which in the European Union took the form banking/government debt breakdowns starting with Greece, there were cries for the creation of a solid Eurozone. In every respect, these calls amounted to demands that super prosperous Germany accepts some degree of risk-sharing with the rest of the […]

Filed Under: Economy, Eurozone, Policy, politcs Tagged With: Athens, bailout, banking system, banks, Berlin, crisis, debt, ECB, euro area, Eurobond, European Banking Union, European Central Bank, Eurozone, Finance, financial, France, GDP, Germany, Greece, Ireland, Latin America, lenders, Paris, Portugal, risk sharing, risks, safe eurobond, South East Asia

Deutsche Bank: the next financial crisis is here and the lenders need €150 billion from taxpayers

July 14, 2016 by Dennis Kefalakos 1 Comment

Last Monday David Folkerts-Landau, the chief economist of Deutsche Bank, the ailing largest lender of Germany, in an interview with the prestigious newspaper ‘Die Welt’ stated that European banks must be subsidized with €150 billion in rescue money to recapitalize. Obviously, it will be the taxpayers to once more provide the capital the euro area […]