August 26, 2016 | Daily Business Review
A $67,000 Home Robbery Exposes $500 Billion Problem in ArgentinaThe case of $67,000 stolen from Argentine Vice President Gabriela Michetti's house should have ended when her bodyguard was arrested. Instead, prosecutors have shifted to tracing the money's origin, making her a public example of the challenges President Mauricio Macri's faces in weaning the country off its reliance on cash, an age-old system that in many instances hides tax evasion.
By Charlie Devereux, Bloomberg News
9 minute read
May 23, 2016 | Daily Business Review
How Panama Papers May Be a Boon for Cash-Strapped ArgentinaWhen leaked Panama Papers listed President Mauricio Macri of Argentina as the director of an offshore shell company, he found himself on the front page of the world's newspapers for all the wrong reasons. But the documents may ultimately prove to be a blessing for his cash-strapped government and its ability to repay debt.
By Charlie Devereux Bloomberg News
4 minute read
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