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Search resuls for: "Zulfi Ali"


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Investors arrive to the election looking at an economy in recession as a crippling drought hit the key agricultural sector. The gap to the official rate is above 150%. On the line is the survival of the country's $43 billion program with the International Monetary Fund and the possibility that Argentina defaults on its debt for a 10th time. "Dollarization would not cure the main issue in Argentina, which is a really large fiscal problem." "Debt does not need to be an immediate priority," said Khan, who doesn't expect dollarization to top the near-term list either.
Persons: Patricia Bullrich, Martin Cossarini, Javier Milei, Sergio Massa, Alejandro di Bernardo, Bernardo, Milei, Massa, Gabriel Rubinstein, Elijah Oliveros, Rosen, Zulfi Ali, Shamaila Khan, Khan, Hans Humes, Humes, Rodrigo Campos, Karin Strohecker, Susan Fenton Organizations: el Cambio, REUTERS, NEW, International Monetary Fund, Jupiter Asset, Bullrich, WE, JPMorgan, China, Institute of International Finance, IMF, America, PGIM, Oxford Economics, Reuters, Emerging Markets, Asia Pacific, UBS Asset Management, Massa, Greylock Capital Management, Thomson Locations: Buenos Aires, Argentina, Washington
The violence, which the outgoing government blames on drug gangs, reached a crescendo during the campaign with the murder of anti-corruption candidate Fernando Villavicencio, who was shot dead while leaving a Quito campaign event in August. He is the son of multimillionaire banana magnate Alvaro Noboa, who himself ran unsuccessfully for president numerous times. "So while the first reaction is positive, because he's a pro-business candidate, pro-business and pro-markets can mean two different things." Both have pledged to beef up security at ports and airports, hot spots for drug smuggling. About a quarter of the 13 million Ecuadoreans obliged to vote are between the ages of 18 and 29.
Persons: Ecuadoreans, Fernando Villavicencio, Daniel Noboa, Luisa Gonzalez, Rafael Correa, Gonzalez, Alvaro Noboa, Guillermo Lasso, Zulfi Ali, Ali, he's, Correa, Noboa, Alexandra Valencia, Rodrigo Campos, Julia Symmes Cobb, Diane Craft Organizations: Voters, PGIM, Correa's Citizens, National Democratic, Thomson Locations: QUITO, Quito, Guayaquil, New York
Total: 2