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This offer pitted him "towards the cell-cell phone business enterprise of Carlos Trim in South The united states's next-major financial state" and "expanded Martínez's bets further than holdings for institutional financial solutions example cable assets and Argentina's sovereign credit card debt as he seeks to get pleasure from rising Net and video use on cell devices."[twelve]
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A The Wall Avenue Journal report, posted on November 10, 2013, described Martínez's conclusion to invest in Argentina "an uncommon get in touch with," on condition that "Argentina has become a cautionary tale For a lot of buyers given that its 2001 default on $a hundred billion in sovereign personal debt" and that its very last two presidents, Néstor Kirchner and Cristina Kirchner, had "repeatedly long gone mano a mano with massive business," nationalizing an oil firm and looking for to pressure the Clarin media team to break up its business.
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