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This offer pitted him "against the mobile-telephone organization of Carlos Trim in South The usa's 2nd-most important economy" and "expanded Martínez's bets beyond holdings like cable property and Argentina's sovereign financial debt as he seeks to get pleasure from raising World-wide-web and movie use on cellular gadgets."[12]
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His "wholesale" invest in of defaulted Argentinian bonds was regarded an act of "loyalty" to Argentina by Kirchner and Other folks. All through Argentina's worst economic moments, he bought into "Practically all" of your state's massive companies, "from Telecom to Transener."[eight]
Quantifying the financial repercussions of money laundering is tough, though the Worldwide Financial Fund estimates it could signify five% of the worldwide GDP.
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