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trib.al/QyPzRnY
Lazard is hiring State Street's ETF chief Robert Forsyth to help get the firm moving, yet another big legacy firm (finally) compelled to enter the ETF industry. Nice scoop from @caroewilson
EXCLUSIVE: Venezuela’s state oil company slashed its output target by one-third as years of corruption, brain drain and inadequate investment have crippled energy infrastructure bloomberg.com/news/articles/… by @zerpius via @markets
A gauge of emerging-markets currencies has sunk to the weakest level since March 2020 relative to average local-bond yields. That suggests investors are discounting the appeal of higher rates, fretting instead over slower global growth and faster inflation bloomberg.com/news/articles/…
Argentina’s debt load is unsustainable, says the IMF after a week in the country.
That gives the government ammunition to ask private bondholders to take on losses as it prepares to renegotiate its obligations.
via @jdorosario@Pat_Gillespiebloomberg.com/news/articles/…
A $250 million Buenos Aires province bond payment due on Jan. 26 is the first major test for Argentina's new government faced with the choices of: pay, quick agreement to change terms with creditors or default. Talks have begun...
bloomberg.com/news/articles/… via @squires_esq