MercoPress. South Atlantic News Agency
Stories for October 6th 2023
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Friday, October 6th 2023 - 10:50 UTC
Argentina not to pay IMF maturities until after the elections
Argentina will pay maturities worth US$ 2.6 billion to the International Monetary Fund (IMF) after the Oct. 22 presidential elections, it was reported Thursday in Buenos Aires. However, US$ 1.28 billion was due Friday, another US$ 640 million on Oct. 12, while a third payment of US$ 673 million was scheduled for the last working day of the month.
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Friday, October 6th 2023 - 10:40 UTC
Argentina: Grim future for controversial politician Insaurralde
Things are going from bad to worse for former Buenos Aires Cabinet Chief Martín Insaurralde, whose scandal with high-profile escort Sofía Clerici on a luxury yacht off Marbella splashed Argentine Economy Minister and presidential candidate Sergio Massa's chances in the upcoming Oct. 22 elections.
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Friday, October 6th 2023 - 10:39 UTC
Venezuela: Arrest warrant issued against opposition leader Guaidó
Venezuela's Attorney General's Office issued an arrest warrant on Thursday against opposition leader Juan Guaidó for the crimes of treason and usurpation of functions, it was reported in Caracas. Guaidó is currently residing in the United States.
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Friday, October 6th 2023 - 10:36 UTC
The sky is the limit for the “blue” dollar in Argentina
As underground exchange parlors were raided Thursday, the “blue” (a euphemism for “black market”) dollar soared against the Argentine peso, it was reported in Buenos Aires.
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Friday, October 6th 2023 - 10:13 UTC
Moody's foresees Argentina's future between bad and worse
Regardless of who becomes Argentina's next president as of Decf. 10, 2023, Moody's foresees inflation in the South American country next year will reach 350%. The rating agency's “baseline scenario” scenario also contemplates an economic contraction of 3.5% by 2023, followed by another 2.5% next year, with prices climbing up to 25% each month.
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Friday, October 6th 2023 - 08:49 UTC
Mount Blanc has lost two meters over two years, French geometers blame climate change
Mont Blanc, the Alps' highest peak and the highest mountain in Europe outside of the Caucasus range, has lost more than two meters in height over the past two years, according to French researchers.
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Friday, October 6th 2023 - 08:45 UTC
Brazil and China conduct a landmark trade operation in Yuan and Reais
For the first time a trade operation between Brazil and China was conducted in a closed-loop system using local currencies, Yuans and Reais, without any involvement of US dollars. The transactions were financed and settled in yuan, directly converted into Brazilian real, without any involvement of the US dollar.
