Word: peso
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...week for a two-day fiesta of cocktail balls and panel discussions with top Mexican government officials and prominent alumni donors. The visit came almost exactly 10 years after Summers, then a top official at the Treasury Department, orchestrated the multi-billion-dollar loan package that rescued the Mexican peso from free-fall...
...festivities ended Wednesday with a farewell lunch at which Jaime Sepulveda, a Harvard School of Public Health alum who is now director-general of Mexico’s National Institutes of Health, hailed Summers’ role in the 1995 peso bailout...
...Much, Peso Little In the largest debt restructuring of modern times, Argentina persuaded the bulk of 500,000 creditors to swallow losses of up to 70% on the $102.6 billion they were owed when Argentina defaulted on its payments...
Summers, who as deputy secretary of the Treasury orchestrated a multi-billion-dollar international aid package to prop up the Mexican peso in 1995, is preparing to return to Mexico next week for meetings with top government officials and Harvard alumni...
...high with U.S. critics for their exuberant, fruity and floral styles. "We're aiming for the 25-to-40-year-old market," says Catena in his state-of-the-art winery, built like a Maya pyramid. "It's more aligned with the New World trend." Helped by the Argentine peso's 2001 devaluation, Catena now exports 85% of its wine, half of that to the U.S., and its once negligible exports are nearing $10 million...