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Argentina Makes $2.6 Billion IMF Payment as Reserves Drop - Vimarsana News

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’s Bu

Source: yahoo.com
Argentina Makes $2.6 Billion IMF Payment as Reserves Hit New Low - Vimarsana News

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

Source: yahoo.com
Analysis-Dollarization, devaluation, debt: potential traps for Argentina investors - Vimarsana News

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 the leading candidate is on a platform to scrap it. Inflation runs at 138%, local interest rates sta...

Source: yahoo.com
Reverse migration - Editorials - Business Recorder - Vimarsana News

Reverse migration - Editorials - Business Recorder

EDITORIAL: One by one the social spillovers of the financial meltdown are beginning to show. Now there’s a very...

IMF Caught Off Guard as China Strikes Sri Lanka Debt Deal - Vimarsana News

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 Doha ShowChina

Source: yahoo.com