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Stock impact report

Argentina Faces Serious Medium-Term Default Risks Given YPF Nationalization Case In New York [Forbes]

Burford Capital Limited Ordinary Shares (BUR) 
US:NASDAQ Investor Relations: burcon.ca/investors/corporate_factsheet.php
Company Research Source: Forbes
several weeks ago, generating some sort of panic in the immediate aftermath of the long-awaited congressional approval of the ‘ Ley de Bases ' and the accompanying fiscal package. With the government ready to take a victory lap, its top economic policy makers – Economy Minister Luis ‘Toto' Caputo and his business associate installed at the Central Bank, Santiago Bausili – spooked market actors who were already jittery, accelerating a run on the peso reminiscent of the worst days of the Sergio Massa tenure. They were forced to release a series of emergency measures that are still to tone down the tensions. It isn't entirely clear why this administration, praised for its modern communications strategy in the hands of star advisor and spin doctor Santiago Caputo, suffered such an unforced error late on Friday, June 28, with many recalling the ill-fated press conference held on December 28, 2017, when then-Central Bank governor Federico Sturzenegger was publicly humiliated by Cabinet Ch Show less Read more
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