Weekly Report - 01 February 2018 (WR-18-04)

ARGENTINA | Courting foreign investors. President Macri stopped off in Switzerland last week for the annual World Economic Forum gathering at Davos, sandwiched between visits to Russia and France. “Argentina in its time was a very rich country and it has the potential to be so again,” Macri told assembled businessmen and bankers. Macri argued that the country had “left behind its populist experiment”. Questioned about apparent pressure being brought to bear on the president of the Argentine central bank, Federico Sturzenegger, to help spur economic growth, Macri was emphatically clear that the central bank’s independence (crucial for foreign investors) was inviolable.

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