June 8, 2010
By Matthew Bristow and John Quigley June 8 (Bloomberg) — When Alan Garcia ’s first term as president of Peru ended in 1990, the economy had shrunk by 10 percent, inflation was raging at 7,000 percent, and half the population lived in government-declared emergency zones where Maoist guerrillas were active. Two decades later, the man Peruvians nicknamed “Crazy Horse” for his unstable policies presides over South America’s fastest-growing economy , with lower inflation than Switzerland
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June 7, 2010
Many investors are betting heavily this will be the Chinese century. But before racing to invest in China, listen carefully to James Chanos, a New York-based hedge fund manager whose fame and fortune soared after being among the first to bet against Enron and other high-flying stocks that later collapsed. Since late last year, Mr
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