President Alberto Fernández believes the International Monetary Fund (IMF) should grant Argentina more “flexible” terms on the repayment terms of the debt and warned that increasing inflation could lead his government to again hike export taxes, the president said in an interview on Sunday with newspaper Página/12.
Argentina’s state-managed oil giant expects to avoid a costly default next month after it won support for a debt swap from a large creditor group. The so-called Ad Hoc Bondholder Group, which holds 45% of YPF’s 2021 notes, expressed support for the exchange after the company increased its cash sweetener over the weekend.
Brazil is preparing a fresh round of emergency cash transfers to millions of poor, President Jair Bolsonaro said on Monday. I think there will be an extension, Bolsonaro said in an interview with the TV program Brasil Urgente.
The Chagossian people are seeking billions of dollars in damages from the United States under the Foreign Claims Act. The United Nations General Assembly, African Union, and International Court of Justice have all found that the forcible deportation of the Chagos Islanders a generation ago to make way for the US military base at Diego Garcia was unlawful and the continued military occupation is a serious violation of international law, according to a release from Chagossians’ lawyer, Dr, Jonathan Levy.
Health officials around the world and from WHO, gave their backing to the AstraZeneca vaccine against Covid-19, after a study showing it had little effect on the variant now spreading quickly in South Africa rang a global alarm.
Despite confusing news from Argentina following president Alberto Fernandez's announcement that he is prepared to reimpose levies on grains and oilseeds exports if food prices keep increasing, oilseed crushers said they had reached a deal with the government to hold down domestic edible oil prices.
The president Joe Biden administration aims to keep strengthening US economic ties and trade with Brazil, White House press secretary Jen Psaki said on Monday during the daily meeting with the media.