By Reynolds Holding and Martin Langfield
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.
Argentina's newly-elected liberal government is working around the clock to overhaul the country’s foreign exchange system. The administration has little margin for error but a positive view about Argentina’s outlook still prevails.
Brazil's President Dilma Rousseff is fighting for political survival less than a year after being re-elected. Several reasons have been pointed exhaustively to explain how things got so bad in such a short period of time: chief among them are the burgeoning corruption scandal at state-run Petrobras and stubbornly high inflation, out of sync with the rest of the world.