Day: January 25, 2021

Italy

ITALY: Giuseppe Conte: From prime minister to mere spectator

Prime Minister Giuseppe Conte is now set to resign in a (belated) move aimed at maximizing his chances to return as the top candidate to lead a new government backed by a broader coalition. Conte is expected to step down tomorrow, 26 January, after a cabinet meeting that will start at 9:00 local time.… Read the rest

Economics

Argentina: Watch Out for the Summer!

Those who are “at-risk groups” will remember February 6, 1989: that day the Plan Primavera in times of José Luis Machinea and Juan Sourrouille blew up. Convertibility began in April 1991 and was the product of a difficult summer. There are more examples showing that in Argentina, summertime is a fertile ground for economic shocks.… Read the rest

Politics

WEEKLY POLITICAL COMPASS

Two Chinese-made Covid-19 vaccines will be scrutinized by the WHO. Italy’s prime minister could resign in the coming days. The popularity of Brazil’s president has declined amid a worsening of the pandemic. Meanwhile, Japan will pass a supplemental budget, a new coalition government will be formed in Estonia, an Argentinian state-run energy company has proposed a large bond restructuring, and the parliamentary majority backing Ghana’s president has been tested.… Read the rest

Politics

LATAM PULSE

This week, in Brazil, calls for President Jair Bolsonaro’s impeachment are increasing; upcoming congressional leadership votes will determine whether a formal impeachment process ensues. Meanwhile, another debt swap is causing controversy in Argentina, this time involving state-run energy company Yacimientos Petroliferos Fiscales (YPF).… Read the rest