I'm John Batchel with my good colleague Ernesto Arrujo, who has done us all the favor of living

in the Nile River Valley enough to drink coffee at a Starbucks. We've compared and contrasted coffee.

Brazilian's the best. I can't handle it, but Ernesto can. Now we go to more good news out of the Americas, which is

Argentina. Ernesto, did you expect this early to have signs of success for Malay? The peso

is holding firm, inflation is down, and there's growth in the economy. Is this too early, or do we

believe it? We have a couple of minutes.

Yes, John, I think that's what you would expect. So again, Brazil, Marxist finance minister,

very bad economic performance. Argentina, a liberal economist as president. So, and applying,

well, economic science. He is applying economic science.

And the results are arriving there. He had enough political support to apply. That's a problem

many times. You don't have political support. Now he had it and the courage to go ahead.

So after a bumpy start, yeah, Argentina is going where we would expect with the opposite of Brazil.

So less regulation, less corruption, less taxes, a totally open to the world attitude.

So wanting to negotiate trade deals and etc. So inflation is down. I think employment will come back,

international investment will come back. International investment will come back.

That's an example to follow.

And will Brazil pay attention?

Not just the government, the people of Brazil.

Do they watch Argentina's success?

We have 30 seconds.

Oh, definitely.

All the time.

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