Media Relations Office

Over the weekend Argentinian President Macri announced the imposition of capital controls in an effort to stabilize the country’s currency and avoid a deepening of the current financial crisis. Cornell University experts weigh in on what to expect as the Latin American country continues to tackle its debt crisis.

International

Arts and Sciences

Law and Policy

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The European Union announced it has set up an “International Contact Group,” including members of the EU as well as four Latin American countries, to help find solutions to the ongoing political crisis in Venezuela. The group, set to meet in Uruguay on Thursday, will pressure Venezuela’s current president to set a date for new elections. Lourdes Casanova, academic director of Cornell University’s Emerging Markets Institute, says that on top of the uncertain political situation, Venezuela’s economic realities also do not leave much room for easy solutions.

International

Cornell SC Johnson College of Business

Johnson Graduate School of Management

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This weekend, China will be hosting the annual BRICS summit – a meeting of leaders from five developing nations including Brazil, Russia, India, China and South Africa. Lourdes Casanova, academic director of Cornell University’s Emerging Markets Institute, says that political and economic instability in Brazil and South Africa has solidified China’s lead position at the forum.

Cornell SC Johnson College of Business

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