Argentina devalues peso, cuts spending in economic shock therapy
(Reuters) – Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part of an economic shock therapy…
(Reuters) – Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part of an economic shock therapy…
By Lizbeth Diaz and Noe Torres TLAXCALA, Mexico (Reuters) – Mexican mother-of-two Adriana Sanchez frets the $300 or so a month her husband sends from the United States will no…
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in seven years, as the president celebrates its strength but analysts…
By Walter Bianchi BUENOS AIRES – Argentina’s peso surpassed the psychological barrier of 300 pesos per U.S. dollar in the black market on Tuesday, hitting a record low as it…
By Savyata Mishra (Reuters) – Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short…
Damian Williams, the United States Attorney for the Southern District of New York, announced that earlier today, MARCELO IRIGOIN pled guilty to money laundering in connection with transactions involving his…
By Marc Frank HAVANA – The Cuban peso was trading at nearly 100 to the dollar on the informal market Tuesday, according to a trader and online trackers, a depreciation…
LOS ANGELES – A West Covina man was sentenced today to 36 months in federal prison for laundering more than $900,000 in drug money over a two-year period via…