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1 in 3 Argentinians With Debt Struggle to Keep Up With Payments

Millions of Argentinians are falling behind on loans, credit cards, and household financing. Data from the Central Bank of Argentina’s (BCRA) Central de Deudores show that 5.86 million people—equivalent to 27.8% of registered debtors—held at least one debt in arrears as of June, nearly doubling the rate from less than two years ago.

Mexican Peso dips as US Core PCE renew Fed hawkish bets

The Mexican Peso loses some traction against the US Dollar on Wednesday as traders seem confident that the Federal Reserve could raise interest rates toward the end of the year, following a red-hot inflation report. The USD/MXN trades at 16.95, after reaching a daily low of 16.92.

Mark Walter’s TWG Says ‘There Has Been No Fraud’

Bloomberg's Sridhar Natarajan joins Dani Burger on "Bloomberg Deals." TWG Global, the holding company at the heart of Mark Walter’s empire, defended itself against what it called “multipronged attacks” on its business as regulators and US prosecutors continue to probe the firm. (Source: Bloomberg)

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