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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Paul Berliner who wrote (1169)1/21/1999 1:35:00 PM
From: X Y Zebra  Read Replies (1) of 3536
 
patagon.com

LatAm news:

The Peruvian government won't offer financial support to help prop up struggling commercial airline Aero Peru, a spokesman for President Alberto Fujimori said.

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Venezuela's finance minister reiterated that 1999 will be a year of fiscal austerity and low oil prices, and that the country will need to refinance part of its foreign debt.

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Repsol won a controversial bid to acquire a 14.99% stake in Argentine oil giant YPF. The Spanish oil, gas and chemical group will pay $2.01 billion for the stake.


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