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Argentina announces new deal with the IMF

Saturday, July 29th 2023 - 11:15 UTC
Full article 17 comments

The Government of Argentina reached an understanding with the International Monetary Fund (IMF) whereby the global agency will make disbursements worth over US$ 7 billion in August and November, it was announced Friday in Buenos Aires. Read full article

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  • Brasileiro

    Not all the money in the world should be able to buy an ounce of sovereignty.

    Jul 29th, 2023 - 02:40 pm - Link - Report abuse -3
  • Chicureo

    Brasileiro

    I completely agree with you. Argentines need a way to pay their debts - which seems very impossible today.

    Sovereignty of the Falklands was determined in war with blood and treasure.

    ¡Saludos!

    Jul 29th, 2023 - 04:01 pm - Link - Report abuse +2
  • Esteban Domingo Fernandez

    Who is trying to buy sovereignty Brasileiro,? very strange statement indeed,

    Jul 29th, 2023 - 04:42 pm - Link - Report abuse +1
  • Brasileiro

    Esteban

    I hope not, but it's good to be aware of the terms of the contract. Westerners are not very reliable. In addition, there is an open interest of the Empire in keeping South America underdeveloped and submissive so that they can easily steal our natural wealth.

    Jul 29th, 2023 - 09:09 pm - Link - Report abuse -1
  • Freddy Worldwide

    Then South America should pick itself up from their bootstraps and develop its own natural wealth and develop their own resources and quit whining about others.
    Get er' done!

    Jul 30th, 2023 - 07:49 am - Link - Report abuse +2
  • bushpilot

    Argentina is globally renowned for not honoring the terms of their debt agreements.

    In this case, they need new terms because they cannot keep to the old terms that they agreed to.

    So, looking at the above, and with my fine Russian education, I conclude Argentina is fine and it is their western bankers who are the unreliable ones.

    No, I am not on drugs.

    Jul 30th, 2023 - 07:50 am - Link - Report abuse +1
  • Freddy Worldwide

    Then don't rely on Western bankers! Figure it out with your own (meager) resources.
    Simples!!!

    Jul 30th, 2023 - 07:56 am - Link - Report abuse +2
  • Brasileiro

    Brazil doesn't need Westerners for anything. We pay for everything we care, nothing comes for free. We have a trade surplus with almost every country in the world, including China.

    And as the leading nation of South America, we have a duty to share our bitter experiences with our South American brothers. IMF is one of these.

    Jul 30th, 2023 - 01:27 pm - Link - Report abuse -3
  • Esteban Domingo Fernandez

    What bitter experiences Brasileiro ?, you do not want to trade with the western democracies , but are happy to trade with evil dictators and communists and banana republics, you have very strange ideas indeed,

    Jul 30th, 2023 - 01:33 pm - Link - Report abuse +1
  • Brasileiro

    As for the IMF, in the 1990s we needed to borrow money from them. Until we completed full payment we were forced to follow fiscal and monetary policies that needlessly hurt our people. We had our public policies subordinated to the colonialism and arrogance of the Westerners.

    In 2003, our President Lula settled the debt with the IMF and de-dollarized our foreign debt, transforming the debt into our own currency.

    We don't want our brothers to suffer what we did.

    Regarding the democratic question, I see that the Westerners take advantage of the circumstances to, case by case, judge and rob entire countries. They are allies of the Saudi Arabian dictatorship and steal Venezuela's gold and dollar reserves.

    Ah, I personally place the death and forced immigration of millions of Venezuelans under your responsibility.

    Cowards!

    Jul 30th, 2023 - 01:58 pm - Link - Report abuse -3
  • Chicureo

    Brasileiro

    I personally have the privilege of working with many of the Venezuelan dispora here in Chile.

    They seem a completely different point of view!

    As Madame constantly reminds me: “I try to keep my words soft and sweet, because I never know which ones I may might have to eat.”

    ¡Saludos!

    Jul 30th, 2023 - 02:42 pm - Link - Report abuse +1
  • Brasileiro

    Clear. I understand, Chicureo.

    I also understand that a Venezuelan refugee, or any other nationality, will always have words to please the host.

    I also know that if Venezuelan wealth hadn't been stolen, you wouldn't have that cheap workforce.

    Cordiais saudações!

    Jul 30th, 2023 - 02:50 pm - Link - Report abuse -3
  • Esteban Domingo Fernandez

    Cowards ? arrogant Westerners? subordinated colonialism ? you make no sense,
    you put the death and forced immigration as my responsibility ? i can not believe what i am reading. its like reading a book of propaganda from Hitler or Stalin or Chairman Mao,

    Jul 30th, 2023 - 03:08 pm - Link - Report abuse +2
  • Brasileiro

    I'm going to type letters so you can comment again. And I can respond accordingly.

    Your comment didn't bring anything new. Only exclamations.

    Jul 30th, 2023 - 03:12 pm - Link - Report abuse -3
  • Chicureo

    Brasileiro

    I think many Venezuelans desire their country back to what it was before...

    There are however many that have made their home here permanently...

    We're currently enjoying Monte Cristo sandwiches, which is a family favorite: using ham, turkey and cheese with sourdough bread, battered and fried in a pan (served with raspberry jam and sprinkled with powdered sugar).

    ¡Saludos de Valle Nevado!

    Jul 30th, 2023 - 06:13 pm - Link - Report abuse +1
  • Steve Potts

    When relating to Argentina the IMF stands for the Impossible Mission Force $$$$$

    Jul 31st, 2023 - 09:04 am - Link - Report abuse 0
  • bushpilot

    The IMF loans money to Argentina. Then, the repayment terms are renegotiated, and renegotiated, and renegotiated. The IMF has to constantly make repayment easier for Argentina.

    For this, IMF is an evil enslaver.

    China makes loans to poor countries. They pillage that country's resources and import their labor from China to that poor country. They hold fast to the loan's original repayment terms.

    For this, Yuan is great. China is a great liberator!

    Y'all need a superior Russian education like mine to see this truth.

    Jul 31st, 2023 - 02:37 pm - Link - Report abuse 0

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