Lula promises to help his “friend” Alberto Fernández

Wednesday, May 3rd 2023 - 11:55 UTC

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Argentine President Alberto Fernández Tuesday thanked his Brazilian colleague Luiz Inácio Lula da Silva for the latter's commitment to helping Argentine overcome the current crisis: “I celebrate the explicit support that Lula has given us as a country and as a government,” Fernández said after the meeting at the Alvorada Palace. He also highlighted Lula's pledge to strengthen Brazilian exports and support negotiations with the International Monetary Fund (IMF). Read full article

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Pugol-H
“to help Brazilian businessmen to export to Argentina and to finance their exports, as China does with its products.”

Still comes down to lending Argentina the money to buy the exports.

Running up still more debt is simply not a sustainable solution.
May 03rd, 2023 - 02:43 pm - Link - Report abuse 0
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