Stories for January 29th 2020

Wednesday, January 29th 2020 - 08:58 UTC
IMF and Argentina say they held very productive talks in a New York meeting

IMF officials and Argentina's economy minister met in New York on Tuesday for what they called “productive” and “positive” talks as the South American nation looks for help from its main creditor to alleviate a challenging debt situation.
Wednesday, January 29th 2020 - 08:57 UTC
“Cristina Fernandez, the most brilliant woman of Argentine history”, praise from Macri's electoral advisor

He was considered the guru of Argentine electoral campaigns, the man who helped Mauricio Macri jump from president of one of the two most popular soccer teams in the country, to twice mayor/governor of the City of Buenos Aires and finally to occupy during four years the Pink House, Casa Rosada, defeating the hegemonic Peronist movement.
Wednesday, January 29th 2020 - 08:51 UTC
FIFA names ex president Macri chairman of FIFA Foundation; barrage of criticisms from Argentina

Former Argentine president Mauricio Macri has been appointed executive chairman of the FIFA Foundation, the organization founded by world football's governing body in 2018 to promote social change. But his nomination was received with a raft of criticisms by Argentine clubs and associations.
Wednesday, January 29th 2020 - 08:49 UTC
Cruise companies cancel operations in China because of the coronavirus

Cruise line operators have canceled cruises to China after the outbreak of the coronavirus in China. The new virus that first appeared in the Chinese city of Wuhan in December has so far killed over 100 people and infected approximately 6,000 others.
Wednesday, January 29th 2020 - 08:30 UTC
Johnson defies US and grants Huawei a limited role in UK's mobile network

Prime Minister Boris Johnson granted Huawei a limited role in Britain's 5G mobile network on Tuesday, frustrating a global attempt by the United States to exclude the Chinese telecoms giant from the West's next-generation communications.
Wednesday, January 29th 2020 - 08:30 UTC
Xi Jinping says China is sure of defeating “a devil coronavirus”, but the disease continues to expand to other countries

President Xi Jinping said on Tuesday that China was sure of defeating a “devil” coronavirus that has killed at least 106 people, but the international alarm was rising as the outbreak spread across the world.
Wednesday, January 29th 2020 - 08:20 UTC
IMF announces a technical mission will travel to Buenos Aires in February

An IMF technical mission is expected to travel to Buenos Aires in February to continue to exchange views on macroeconomic plans and debt sustainability, announced from Washington the IMF Chief Spokesperson Gerry Rice following the meeting on Tuesday of Argentine Economy minister Martin Guzman IMF members of staff in New York. made the following statement on Argentina today:
Wednesday, January 29th 2020 - 08:17 UTC
Major quake in the Caribbean, northwest of Jamaica

A major 7.7 magnitude quake struck on Tuesday in the Caribbean northwest of Jamaica, the US Geological Survey reported, raising the risk of tsunami waves in the region.
Wednesday, January 29th 2020 - 08:10 UTC
Solid growth of US economy this year, but with increasing federal budgets

The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting US$1.015 trillion.
Wednesday, January 29th 2020 - 07:44 UTC
Guyana rapidly becoming an oil major: 16th discovery in four years of exploration

ExxonMobil today announced its 16 discovery in the Stabroek Block, located off the Guyanese coastline. The Texas-based company announced that it encountered 29 meters of high-quality oil-bearing sandstone at the Uaru well.