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A Trip South: Coconomics

...riding session. As we pedal past the other coco stand, we're surprised to see a third one, with the same sign for three peso cocos and looking to be selling the same dried fruits and treats that the other two were selling, right next door. Interesting...
This Day in History

...cell. In 1995, the United States and Mexico signed an agreement to unlock $20 billion in U.S. support to stabilize the peso, but under tough conditions. Chicago stockbroker Steve Fossett became the first person to fly solo across the Pacific Ocean...
Argentina's democracy in peril

...conquer hyperinflation, and encouraged Argentines to borrow in dollars as well. These dollar debts will be hard to pay if the peso is devalued, which means that the Argentine banks that lent the money could be in trouble. And yet devaluation, like debt...
This Day in History

...planeload of al-Qaida prisoners from Afghanistan arrived at a U.S. military detention camp in Guantanamo, Cuba. The Argentine peso floated freely for the first time after 11 years of being tied to the U.S. dollar. In 2006, gunmen stormed an offshore oil...
This Day in History

...City in response to unprecedented Palestinian rocket fire and a shooting attack on Israeli civilians. Argentina fully uncoupled the peso from the U.S. dollar for the first time in more than a decade.
Juneau Empire Online Archive Frontiers News: Mariachis sing lament for dying art 2/8/98 Garibaldi Square in Mexico City last month. With the 1994 peso crash, Mexicans lost 30 percent of their purchasing What they've lost is business. With the 1994 peso crash, Mexicans lost 30 percent of their purchasing power...
Juneau Empire Online Archive Frontiers News: Border busters 6/14/98

...Romero, owner of Palomas' best-known restaurant, the Pink Store, has watched the numbers grow after inflation and the 1994 peso devaluation brought economic hardship to many Mexicans. ``They come to find jobs, any kind of work,'' Romero said. ...


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