Argentina Prices Jump More Than Expected to 18-Month High msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Argentina s economy minister heads to Europe to woo finance officials over debts Reuters 2 hrs ago
By Nicolás Misculin
BUENOS AIRES, April 10 (Reuters) - Argentine Economy Minister Martin Guzman will travel to Europe on Sunday to build support among G7 and G40 nations for a renegotiation of its multibillion-dollar debts to the International Monetary Fund (IMF) and the Paris Club group of creditor nations.
Guzman will travel to Germany, France, Italy and Spain, where he will meet his counterparts and other officials to outline Argentina s restructuring plans during a five-day trip. The objective is to get the necessary support from IMF shareholders (especially G7 and G20) to finalize a program that will serve Argentina, the Ministry of Economy said in a statement.
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NEW YORK Argentina’s ruling coalition appears divided over talks with the International Monetary Fund and economic policy, a senior Fund official said on Thursday, the frankest comments yet on the negotiations over a new deal to roll over $45 billion in debt.
Alejandro Werner, the IMF’s head for the Western Hemisphere, said there was significant uncertainty about Argentina’s economic policy path to make its debt sustainable, a key part of striking any new deal.
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Economy in focus, Argentina s pandemic strategy shifts for second wave reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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BUENOS AIRES (Reuters) - Argentina’s President Alberto Fernandez was clear when COVID-19 first hit the country early last year: saving lives at all costs trumped any economic concerns.
Pedestrians walk past out-of-business stores which display For rent signs, near the Buenos Aires Obelisk, Argentina April 6, 2021. Picture taken April 6, 2021. REUTERS/Agustin Marcarian
Now facing a second wave of infections, the South American nation has adjusted its strategy to prioritize protecting its fragile economy. It is hoping greater experience dealing with the coronavirus, a nascent vaccine program, and short, regional lockdowns can help keep the virus in check.
The second wave comes at a delicate time for the center-left Peronist government. It is heading for mid-term elections in October to defend its majority in Congress, its popularity bruised by a strict, lengthy lockdown last year and the hard economic hit.