United States said on Wednesday it expects to continue with the solid association with Argentina, 'whoever is the candidate that the Argentine people elect as their next president', on 27 October according to a source from US State Department Western Hemisphere Affairs.
United States Deputy Secretary of State John J. Sullivan will travel with Advisor to the President Ivanka Trump to Colombia, Argentina, and Paraguay September 3-6.
Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations, as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
Argentina’s peso was battered on Wednesday as the central bank sold US$ 367 million of its dollar reserves in a second consecutive day of heavy intervention aimed at controlling the currency’s fall. Likewise the country risk rose 135 basis points to 2,125, its highest in 14 years, before partially recovering, according to the JP Morgan Emerging Markets Bond Index Plus.
British Prime Minister Boris Johnson manoeuvred on Wednesday to give his political opponents even less time to block a chaotic no-deal Brexit before the Oct. 31 withdrawal deadline, winning Queen Elizabeth II’s approval to suspend Parliament, but his critics were outraged.
The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina’s Treasury Ministry on Wednesday, an IMF spokesman said. IMF staff understands that Argentina has taken “important steps” to address liquidity needs and safeguard reserves, the statement by IMF spokesman Gerry Rice said.
Brazilian President Jair Bolsonaro said on Wednesday he would meet with other South American countries to set common policy for defending the Amazon rain forest, while his foreign minister said Brazil should be seen as an environmental hero.
Fires have destroyed 1.2 million hectares of forest and grasslands in Bolivia this year, the government said on Wednesday, though environmentalists claim the true figure is much greater.
The United States did not agree to a US$20 million emergency aid package to help battle wildfires announced by French President Emmanuel Macron at a G7 summit this weekend, a spokesman for the US National Security Council (NSC) said on Wednesday.
Venezuela's opposition leader Juan Guaido admitted on Wednesday that talks with the government of President Nicolas Maduro aimed at resolving the country's political crisis “aren't working.” Talks mediated by Norway first took place in May in Oslo with several subsequent rounds in Barbados.