Finance,, economics, tax. 🇺🇾 🇺🇸
Washington, DC
Joined October 2017
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Amparo Mercader retweeted
🇵🇾 Chaos on the streets as Paraguay’s largest digital bank collapses
Nearly 3 million customers affected as the country faces a major political and financial crisis.
Paraguay’s Central Bank (BCP) seized Ueno Bank, the country's largest digital lender, after its solvency ratio collapsed to less than half the legal limit.
Central Bank President Carlos Carvallo resigned at the request of President Santiago Peña. Carvallo previously chaired the finance company that evolved into Ueno Bank, drawing heavy criticism over regulatory blind spots and conflicts of interest.
The Specialized Unit for Economic Crimes and Anti-Corruption ordered the detention of eight high-level executives and figures tied to the bank, including founder and majority shareholder Miguel Vázquez and Ueno Bank President Juan Manuel Gustale.
The intervention completely froze Ueno Bank’s digital app, credit cards, and transfer capabilities. This has locked out roughly 3 million users, an estimated 60% of Paraguay's adult population, leaving many with no immediate way to access their money.
The state health and pension fund (IPS) has an estimated $380 million in public retirement funds invested in Ueno Bank.
Angry citizens, savers, and pensioners flooded the streets of the capital and gathered outside closed branches, demanding their cash and chanting for political accountability.
Amparo Mercader retweeted
Today, at a special meeting of the OAS Permanent Council, we paid tribute to the life and legacy of Jean Michel Arrighi; a distinguished jurist, public servant, cherished colleague and friend.
For 33 years, Jean Michel served the OAS and its member states with exceptional legal acumen and deep institutional knowledge. As Secretary for Legal Affairs for 20 consecutive years, he advised Secretaries General, the Permanent Council, the Inter-American Juridical Committee and governments across our hemisphere.
His contribution reached far beyond legal counsel. At moments when consensus seemed out of reach, he helped turn shared principles into practical solutions. He played an instrumental role in the adoption of Resolution 1080 and the Inter-American Democratic Charter, helping strengthen the democratic foundations of the Americas. From Costa Rica and Guatemala to Haiti, Honduras, Nicaragua and Peru, he brought expertise, patience and a rare ability to listen and build trust.
Jean Michel also believed that knowledge must be passed on. Through the Inter-American Course on International Law in Rio de Janeiro, he mentored generations of diplomats, lawyers, scholars, officials and students. The course’s 51st edition stands as a testament to his commitment to principled public service and to the future of the Inter-American system.
I will remember his dedication, his generous guidance and our conversations about Rio—including his insistence that I experience his favorite feijoada, accompanied by what he called a “Brazilian afternoon tea.”
To keep his legacy alive, the OAS will establish the Jean Michel Arrighi Annual Inter-American Lecture on International Law, to be held on or around his birthday, March 4. The first lecture will take place in 2026.
My deepest condolences are with his family, friends and colleagues. Jean Michel is irreplaceable. His work helped shape the legal and democratic architecture of our hemisphere, and his example will endure in the people he mentored and in the history of the OAS.
Amparo Mercader retweeted
This chart is from The Economist's article on "the fast-growing stock of AI-related debt."
Without a matching rise in loanable funds, persistent rate pressure will likely crowd out rate-sensitive, non-tech sectors.
#economy #markets #bonds #yields @TheEconomist
Amparo Mercader retweeted
The OAS deeply mourns the passing of Jean Michel Arrighi, Secretary for Legal Affairs, an exceptional jurist and a true son of the Organization.
Jean Michel devoted his life to advancing international law and strengthening the Inter-American System. His intellect, integrity and commitment to the Americas leave an extraordinary legacy that will endure for generations.
The Organization has lost a distinguished colleague and one of the most cherished members of its family. We extend our heartfelt condolences to his family and loved ones.
Amparo Mercader retweeted
I am deeply saddened by the passing of Jean Michel Arrighi, Secretary for Legal Affairs of the @OAS_official, an exceptional jurist and a true son of our Organization.
Jean Michel dedicated his life to advancing international law and strengthening the Inter-American System, leaving an extraordinary legacy that will endure for generations. We have lost not only a distinguished colleague and friend, but also a cherished member of the #OAS family.
My heartfelt condolences to his family and loved ones.
Amparo Mercader retweeted
2026 economic sciences laureates Robert E. Hall’s and Michael Woodford’s research has made us better equipped to manage economic downturns.
They laid the foundation of the New Keynesian paradigm, in which models are built upon microfoundations, which means from the bottom up. Economic outcomes are the result of millions of decisions made at the microlevel by households and businesses. Using models based upon this approach, rather than simply studying the economy from a macro perspective, like a bird’s eye view, Hall’s and Woodford’s research has generated a paradigm shift in the theory of stabilisation policy.
#NobelPrize
Amparo Mercader retweeted
En un nuevo aniversario de la represión del hospital Filtro -con notas que repiten lo de los dos muertos- dejo este comentario del muy buen libro de Manino Mercader sobre el tema. Incluye lo que viví esa noche en el velorio del supuesto segundo muerto.
leonardohaberkorn.blogspot.c…
El muro de Berlín y la libertad.
El comunismo construyó el Muro para impedir que los alemanes del Este huyeran hacia Occidente.
Cuando un sistema necesita encerrar a su propia población para evitar el éxodo
#MuroDeBerlín #Libertad
Amparo Mercader retweeted
🇪🇺 This year the European Union will again make more money from fining US tech companies
Than from the total tax income from Europe's own public tech companies!
⚠️ We have fined Google €890 million for breaching the Digital Markets Act, by promoting their own services and restricting customer access to alternatives on Google Search and Google Play.
link.europa.eu/vrNJTx
ALT A purple graphic featuring yellow stars from the European flag at the top. White and yellow text reads: 'Google fined €890 million for breaching the Digital Markets Act'. The European Commission logo is visible in the bottom right corner.
Amparo Mercader retweeted
Cracks los hermanos argentinos., ganas, equipo, mística y Messi. Todo lo que hay que tener y más. Estar con ellos a muerte es lo correcto. Todo lo demás es lo de menos y huele a necedad en este continente. Pasen nomás a dejar los descargos. Serán atendidos por la gente. Yo estoy festejando! Juaaaaasss!!
Amparo Mercader retweeted
"This is not some minor point. The claim that wealth inequality is exploding is the central premise of Gary Stevenson’s entire economic theory, &, by extension, of this documentary. Take that away, and there is nothing left"
--@K_Niemietz for @Quillette
quillette.com/2026/07/14/gar…
Otro año dictando seminario de #impuestos en posgrado en la ORT. Gracias por hacerme parte. 🇺🇾🙏
#tax
#geopolitics
#finance
@negocios_ORT
@nicogambe
@pata_marques
@sartori_eliana
Amparo Mercader retweeted
Por primera vez las inversiones en generación eléctrica fósil en EEUU superan las de China. La super demanda eléctrica de IA (data Center) se va a cubrir con oferta de energía "sucia"
Vía @FT
Amparo Mercader retweeted
Breaking news: Alan Greenspan, the US Federal Reserve chair who dominated global markets in the late 20th century only to see his legacy tarnished by the financial crash, has died at the age of 100. ft.trib.al/gbN48e6
