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Argentina (27)
Brazil (5)
Venezuela (7)
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| Jan.11 |
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Stores face punishment after devaluation| Venezuela: Inspectors, aided by the military, shut down 70 stores as a sanction for allegedly adjusting prices in the wake of a currency devaluation | |
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| Jan.10 |
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Chavez: military will monitor prices| Venezuela: In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices | |
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| Jan.8 |
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Venezuela will slash value of currency President Hugo Chavez has announced that the bolivar will be devalued for the first time since 2005 by at least 17%
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| Jan.7 |
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President dismisses central bank governor| Argentina: Cristina Fernandez de Kirchner has ordered the removal from office of Martin Redrado, who had refused to use currency reserves to pay foreign debt | |
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| Dec.13 |
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Ecuador won't pay foreign debt interest President Correa said he will not pay interest on the nation's foreign debt and that he was prepared to accept any consequences
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| Nov.20 |
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Pension takeover passed Argentina: Senate has approved a bill to nationalise private pension schemes worth at least $23bn, as a victory for President Fernandez's government
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| Nov.3 |
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Itaś and Unibanco to merge operations Brazil: Itaś and Unibanco will merge their banking, credit, and insurance operations, creating the largest financial services group in the Southern Hemisphere
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| Jun.10 |
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Controversial tax to fund social programs Argentina: President Cristina Fernandez de Kirchner announced plans to fund a public works program with revenues from a agrarian export tax
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| Dec.6 |
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Inflation worries Venezuela: Inflation is beginning to eat away at Venezuela's economy despite efforts by Chavez's government to put a cap on swiftly rising prices
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| Apr.30 |
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Venezuela to pull out of IMF, World Bank| President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions | |
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| Jan.23 |
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Debt offer draws support Argentina: In the first week of the debt swap, creditors holding 23.2% of debt in default had signed up for the offer
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| Nov.1 |
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Debt repayment offer Argentina: Argentina's government has presented financial regulators in the US with plans to reorganise the debts
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| Jun.24 |
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Rural credit aid launched. Brazil
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| Feb.5 |
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Currency rate fixed. Venezuela
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| Jan.16 |
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$1bn debt default avoided. Argentina
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| Jan.6 |
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Bankers set to join general strike. Venezuela
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| Nov.14 |
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Argentina faces fresh default
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| Aug.7 |
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IMF throws extra $30bn to Brazil The International Monetary Fund is hoping to help pull the country and the region out of crisis
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| Aug.6 |
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Protesters burn O'Neill photos. Argentina
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| Aug.4 |
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U.S. $1.5bn aid deal for Uruguay
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| Jul.30 |
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Banking crisis. Uruguay
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| Jun.21 |
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Bank chief to resign. Argentina
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| Jun.14 |
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Brazil expected to draw on IMF loan
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| Jun.6 |
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IMF praises Argentina reforms
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| Apr.19 |
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Bank freeze ordered Argentina: All banking operations and foreign currency transactions suspended indefinitely amid fears of a financial collapse
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| Feb.11 |
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Peso passes first test Argentina: Peso, floating freely for the first time in a decade, ended trading stable against the dollar
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| Feb.3 |
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Crisis package unveiled Argentina: Economy minister Jorge Remes Lenicov has announced a package of emergency measures
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| Jan.25 |
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March against bank curbs Argentina: Police have fired teargas and rubber bullets. Banking restrictions imposed to try and salvage the economy
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| Jan.6 |
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Peso devaluated| Argentina: New government ends 10 years of parity with the US dollar. 1.4 pesos would buy $1, a devaluation of 30% | |
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| Jan.5 |
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Rescue plan approved Argentina: Lower house has given approval to an emergency economic plan. President Duhalde given broad powers
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| Dec.23 |
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Debt payments suspended Argentina: New interim president will suspend foreign debt payments, triggering the default
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| Dec.19 |
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Argentina plunges into turmoil Economy Minister, Domingo Cavallo, has resigned. Police fired tear gas to disperse tens of thousands of angry protesters
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| Dec.3 |
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Defiant message amid crisis Argentina: Government limits the amount of cash that can be withdrawn. Economy minister blamed speculators
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| Aug.3 |
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IMF to accelerate $1.2 billion loan Argentina: $1.2 billion loan for Argentina and $15 billion line of emergency credit for Brazil
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