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Argentina Makes $2.6 Billion IMF Payment as Reserves Drop

(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&#x20...
Sergio Massa Bloomberg Businessweek Javier Milei International Monetary Fund Economy Minister Sergio Massa Argentina Problem Is About
Source: yahoo.com

Argentina Makes $2.6 Billion IMF Payment as Reserves Hit New Low

(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
Javier Milei Sergio Massa Bloomberg Businessweek International Monetary Fund Economy Minister Sergio Massa Imf Program
Source: yahoo.com

Analysis-Dollarization, devaluation, debt: potential traps for Argentina investors

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...
United States Karin Strohecker Gabriel Rubinstein Rodrigo Campos Shamaila Khan Hans Humes
Source: yahoo.com

IMF Caught Off Guard as China Strikes Sri Lanka Debt Deal

(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 ...
Sri Lanka France General Nandalal Weerasinghe Anusha Ondaatjie Peter Breuer Bloomberg Businessweek
Source: yahoo.com

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Egypt Clears One Hurdle for IMF Review, Faces Other on Currency

(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...
United States Al Qahirah United Arab Emirates Bloomberg Businessweek Abdel Fattah El Sisi Jean Michel Saliba
Source: yahoo.com

IMF approves $7.5 billion for Argentina despite poor progress

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. 
Buenos Aires Distrito Federal United States World Bank District Of Columbia Marianne Fay
Source: yahoo.com

IMF approves $7.5 billion disbursement to Argentina: economy minister's office

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. 
United States World Bank District Of Columbia Sergio Massa Marianne Fay International Monetary Fund
Source: yahoo.com

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