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" ... A Clarin newspaper dated April 24,1989. The headlines on that day were all about price controls, a... [+] weakening peso and fast-rising inflation during the embattled presidency of Raul Alfonsin. He resigned on July 8, five months before the end of his term. ... "
" ... At age 14 in 1995, Martinez enrolled herself in a six-month course to become a bank teller. During the course, the Mexican peso crisis (also known as the Tequila crisis) took place, devaluing the peso and leaving many families in financial ruin. Martinez's family was negatively impacted, which incentivized her even more to get ahead of the game. Through a few twists and turns, she landed a job as a bank teller at Citibank in Guadalajara when she was 15. ... "
" ... Funny and sad at the same time is the Mauricio Macri government’s response to the peso’s plunge. Fearful of further declines, Macri's economic minister Hernan Lacunza announced restrictions on citizens that limit them to no more than $10,000/month in foreign currency buying; the dollar the likely purchase of choice for Argentines eager to protect their savings. Under the same decree, corporations are required to get permission to “buy any foreign currency that is not for international trade.” Lacunza’s measures meant to force Argentines to hold more pesos than they otherwise would vandalize basic economics. ... "
" ... The recent steep fall in the Argentine peso and in its government debt means that it is one of the few countries where sovereign risk is now beginning to be correctly priced, though the implications of its request for yet another debt restructuring could lead to further downside. This would spill over to Brazil, whose stock market is vulnerable to an increasing lack of clarity in policy making and an increasingly contentious foreign policy. In each case, the strong dollar is an unwelcome financial headwind. ... "
" ... Yet Maradona was a child of excess and exuberance. His drug addiction began in Barcelona and the party lifestyle thrived in Naples, where the Mafia also used him to its own benefit. He returned to Argentina in the 1990s, with Carlos Menem in charge, when a peso was worth a dollar. The world followed his repeated journey from relapse to recovery, driving Ferraris and dying his hair. Illegitimate children began appearing left and right. And then the winding down of a football career marked by his exit from the 1994 USA World Cup, escorted away by a nurse after a positive doping test. This wild and eccentric Maradona had massive popular appeal, exacerbated by the mass media which feasted on Diego and his hangers-on, but his rags-to-riches story and the later appearance of all sorts of unsavory characters, along with infighting within the family, helped to erode part of the appeal. The longer he went on, the more the battle for Maradona’s riches became regular gossip show fare. ... "