Michael Stott

Record $57bn loan was made on over-optimistic forecasts, internal report finds

Developments in Chile, Peru and Mexico trigger dismay in executives and bankers. Argentina is off-limits for most foreign investors after its perennial debt defaults and the imposition of price and exchange controls.

Time running short before $2.8bn payment comes due next March

‘You need to invest that wealth in improving opportunities for others’

The Peronists’ poor midterm showing may not improve the indebted country’s prospects

Social unrest highlights need for more equal distribution of income, argues fund director

Free Peru candidate Pedro Castillo has inspired the poor but his campaign has led to capital flight

The economist is optimistic about the prospects for sustainability in Brazil

Chile’s president has faced an earthquake, riots and Covid but wants to be remembered for laying foundations of prosperity