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...“At the moment, it comes and goes and the population don’t trust it. We have lost the predictability around investment, which was so important.”...
...“He is the one I trust to be most pro-market.” Several of Eurnekian’s former employees are part of Milei’s top team, including his rumoured picks for interior minister and cabinet chief....
...And yet the most poignant part of the book is McKenzie’s visit to El Salvador, where he meets ordinary people whose lives have been turned upside down by the government’s pairing of crypto and repression...
...“We’re loyal to el pejejito,” she said, referring to López Obrador’s nickname after a local species of fish. “If Claudia is with Morena, our absolute vote is for Claudia.”...
...“Argentines have $250bn in dollar bills stashed under their mattresses or in safe deposit boxes because they don’t trust the banks,” he says....
...Opinion: Ambition is needed to rebuild trust in multilateralism, writes former president of Colombia and Nobel Peace laureate Juan Manuel Santos. 3....
...There’s also a Chilean called Richard Riquelme Vega, he’s nicknamed El Rico, or the rich guy....
...She called for more “concessional funding” for emerging nations, and the creation of a “climate mitigation trust” that would use $5bn in IMF special drawing rights to “unlock” $5tn in private capital....
...As far as the clichés of international diplomatic conferences go, Sharm el-Sheikh did not disappoint....
...Blackstone’s private real-estate investment trust, BREIT, has had a tough year. How much money did investors ask to withdraw in March? Answers to the nearest half-billion....
...Our columnist Mohamed El-Erian, the president of Queens’ College Cambridge and adviser to Allianz and Gramercy, explains what this means for investors....
...“You have to let go and have total trust in your colleagues to handle the responsibilities you are relinquishing temporarily....
...Below is a chart of the net asset value of Class I Breit shares, compared to the stock market performance of a few publicly traded real estate investment trusts....
...We trust UBS will do the right thing.” (The Swiss finance ministry said it could not confirm details of its dealings with the banks.)...
...Veteran investor Mohamed El-Erian says the Fed has some unpleasant choices to make next year after its mistake last year of believing inflation was “transitory” and being initially too timid to withdraw...
...Yesterday the president visited El Paso, Texas to take a first-hand look at the migrant surge on the southern US border....
...In El Salvador’s original presentation, it said that investments would be allowed in dollar, bitcoin and tether. The financial attractions of the bond were limited, analysts said....
...Tohá, a centre-left former mayor of Santiago, told the Financial Times that “trust has been damaged”, and a solution to the conflict required a “much bigger, deeper strategy”, involving investment to improve...
...Recommended reading As always, Mohamed El-Erian has some of the best high level interpretation of the markets....
...We have data that look at every county, or even every building, to see which ones of the public [real estate investment trusts] are environmentally sound.”...
...Rothschild & Co has named Nasser Al Issa, the former investment chief of Saudi Agricultural and Livestock Investment Co, as head of Saudi Arabia while making Britain’s former top civil servant Mark Sedwill...
...This school is just one reason why people here don’t trust the government’s big talk about rebuilding. To them, it seems like empty promises....
...Yes, bitcoin became legal tender for the first time last year when El Salvador adopted the cryptocurrency, but it’s not in widespread use. Considerable technical barriers like scalability remain....
...Clean energy investments are part of an ambitious plan by Crown Prince Mohammed bin Salman to modernise the conservative country....
...trusts, he told the Financial Times....
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