Voltaire Network

Translation

@Ines Condoy Franco

2 articles

US Congress gives in and passes the IMF quotas reform

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 7 January 2016

Apparently the year 2015 marks the beginning of the new IMF interior revolution. First the incorporation of the yuan into the SDR’s was approved, the reserve basket created in 1969 to serve as a supplement of member nations’ official reserves. And now, thanks to approval from the US Congress, (...)

Santiago de Chile: the yuan’s financial stronghold in Latin America

by Ariel Noyola Rodríguez

Mexico City (Mexico) | 15 August 2015

Economic relations between China and Latin America are living increasing tensions. As a result of deflation (fall in prices) on a global scale, the South American region is suffering the consequences of concentrating the bulk of its exports to China on commodities. However, the opening of the (...)