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November 1, 2023
(Bloomberg) -- Argentina paid the International Monetary Fund $2.6 billion due Tuesday, complying with major maturities before the presidential runoff election Nov. 19, according to two people with direct knowledge of the matter. Most Read from BloombergIsrael Latest: Blinken Making Another Visit to the Middle EastSaudi Forces on Alert After Clash With Iran-Backed HouthisImmigrants Are Leaving Canada at Faster Pace, Study ShowsInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSony ...
October 31, 2023
(Bloomberg) -- Argentina paid the International Monetary Fund $2.6 billion due Tuesday, complying with major maturities before the presidential runoff election Nov. 19, according to two people with direct knowledge of the matter. Most Read from BloombergIsrael Latest: Blinken Making Another Visit to the Middle EastImmigrants Are Leaving Canada at Faster Pace, Study ShowsSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialZillow Pl
October 20, 2023
Argentines will on Sunday move a step closer to deciding who will run the $600 billion economy engulfed by a deep crisis that involves runaway inflation, a dearth of U.S. dollar reserves and an electorate with little trust in its currency. Regardless of who wins the race between libertarian populist Javier Milei, center-left economy minister Sergio Massa and center-right ex-minister Patricia Bullrich, the next government will have to deal with a gargantuan pile of debt and a peso so weak that t...
October 18, 2023
EDITORIAL: One by one the social spillovers of the financial meltdown are beginning to show. Now there’s a very...
October 11, 2023
(Bloomberg) -- China reached a tentative debt agreement with Sri Lanka, front-running separate talks the International Monetary Fund and other creditors are holding with the South Asian nation and catching them by surprise. Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at ...
September 27, 2023
(Bloomberg) -- Egypt has removed one key concern that’s held up a review of a $3 billion rescue program with the International Monetary Fund, according to people familiar with the matter, even as impending presidential elections make it difficult to satisfy the crucial demand of a weaker currency.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuve...
September 22, 2023
It seemed that the tough times were over. Just two months ago, foreign bill discounting transactions at commercial...
September 20, 2023
The European Commission has committed €100 million to support Tunisia in the effort against migration, with an affectional €900 million in funding for the country. But how does the agreement expect to find success with a formula that has long held a reputation of failure?
August 23, 2023
The International Monetary Fund's (IMF) executive board has approved a $7.5 billion disbursement for Argentina despite Buenos Aires missing key financial targets as it grapples with a prolonged economic crisis, the IMF said Wednesday."Since completion of the fourth review, key program targets were missed reflecting the historic drought along with policy slippages," the IMF announced in a statement. 
August 23, 2023
The International Monetary Fund's (IMF) executive board has approved a $7.5 billion disbursement for Argentina, a spokesperson for economy minister Sergio Massa told AFP Wednesday, as the South American country grapples with a prolonged economic crisis."The IMF Board of Directors approved the disbursement of $7.5 billion," the spokesperson for Massa, who is also running for president of Argentina, told AFP in a message on Wednesday.