“Zero chance” Argentina will default on its debt next year, Macri tells bankers and investors

Tuesday, September 25th 2018 - 06:59 UTC

Full article 4 comments

President Mauricio Macri said on Monday that Argentina was close to a deal with the International Monetary Fund to bolster a US$ 50 billion credit line, while a government source said US$ 3-US$ 5 billion in additional funds could be announced this week. Read full article

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chronic
Hey rg, the alphabet soup legion of dumb will be the end of you.
Sep 25th, 2018 - 01:58 pm - Link - Report abuse -2
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Enrique Massot
Mauricio “gato” Macri is the only one listening to his own words.

His promises are now valued less than Argentine pesos.
Sep 26th, 2018 - 03:24 am - Link - Report abuse -2
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bushpilot
Your opinions are like so much toilet paper also.
Sep 26th, 2018 - 04:59 am - Link - Report abuse +1
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Enrique Massot
“A drought this year sapped Argentina’s grain exports and helped to slam Latin America’s third-largest economy into recession.”

What a ridiculous statement. Something is deeply wrong if a drought is capable of throwing a country such as Argentina into recession.

It is the current government's economic measures that have indebted the country and thrown Argentina back to an agro-export role it had 100 years ago, increasing its vulnerability to events out of control to ridiculous levels.

The only thing Macri has consistently done during his three-year term is to go around begging for money--money he does not have anything to show for but money the country will be struggling to repay for the next century while interests weigh on annual budgets to the tune of 70 per cent.

And these are not opinions. Let's see what BP has to say about those facts--if he knows anything beside inanities.
Sep 26th, 2018 - 04:52 pm - Link - Report abuse -2
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