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MercoPress, en Español

Montevideo, May 18th 2024 - 16:37 UTC

Tag: IMF

  • Thursday, January 20th 2022 - 09:52 UTC

    Soap opera foreign policy: US tells Argentina keep up negotiations with IMF

    Argentine foreign minister Cafiero with State Department Secretary Blinken

    Last October when Argentine president Alberto Fernandez left for Rome to the G20 leaders' summit, his office informed that he was expecting to meet with US president Joe Biden to among other issues address support for Argentina in its ongoing exhausting negotiations with the IMF.

  • Wednesday, January 19th 2022 - 09:50 UTC

    Argentine FM holds meetings in DC as planned

    Cafiero told Blinken and Pelosi how much Argentina needed a word from the US before the IMF to reach a better deal

    Argentine Foreign Minister Santiago Cafiero was told Tuesday in Washington DC by his colleague, Secretary of State Anthony Blinken, that the United States “strongly supported negotiations with the IMF.”

  • Tuesday, January 18th 2022 - 09:59 UTC

    Argentine FM in Washington DC seeking support for new IMF deal

    Argentina's Central Bank reserves are below US $ 4 billion, while maturities for all of 2022 add up to 19,000 million

    Argentine Foreign Minister Santiago Cafiero is on a diplomatic mission to Washington DC where he is to hold meetings with US Secretary of State Anthony Blinken and with House Speaker Nancy Pelosi in a move aimed at gathering some support ahead of new negotiations with the International Monetary Fund (IMF).

  • Tuesday, January 11th 2022 - 13:45 UTC

    Emerging Economies Must Prepare for Fed Policy Tightening

    Prices are rising at the fastest pace in almost four decades and the tight labor market has started to feed into wage increases

    IMF Blog by Stephan Danninger, Kenneth Kang and Helene Poirson (*) – For most of last year, investors priced in a temporary rise in inflation in the United States given the unsteady economic recovery and a slow unraveling of supply bottlenecks.

  • Monday, January 10th 2022 - 09:41 UTC

    British economist becomes new IMF Senior resident representative in Argentina

    ”Next week I was informed (Ben Kelmanson) will be taking his new position in Buenos Aries, replacing Jamaican Trevor Alleyne”, twitted ambassador Argüello

    Argentine ambassador in Washington, Jorge Argüello has reported he received the visit of British economist Ben Kelmanson, appointed the new IMF Senior resident representative in Argentina, who will be involved in the delicate debt negotiations for the coming years.

  • Thursday, January 6th 2022 - 22:11 UTC

    Black Thursday for Argentina's economy – no agreement with IMF

    With Thursday's losses, Argentine bonds accumulate decreases of up to 7.5% in the last five days

    Argentine President Alberto Fernández and Economy Minister Martín Guzmán agreed not to give in to additional demands from the International Monetary Fund (IMF) regarding the US $ 44 billion loan from the previous national administration.

  • Saturday, December 18th 2021 - 09:02 UTC

    Global Debt Reaches a Record US$226 Trillion

    Public Debt soared around the world in 2020

    By Vitor Gaspar, Apulo Medas, and Roberto Perrelli (*) – In 2020, we observed the largest one-year debt surge since World War II, with global debt rising to US$ 226 trillion as the world was hit by a global health crisis and a deep recession. Debt was already elevated going into the crisis, but now governments must navigate a world of record-high public and private debt levels, new virus mutations, and rising inflation.

  • Saturday, December 11th 2021 - 09:58 UTC

    Argentina will not jeopardize growth, president says

    “Argentina is a symbol of human rights throughout the world,” Alberto Fernández said

    President Alberto Fernández Friday said his country will not accept any imposition which may put growth at risk when negotiating with foreign creditors. The Argentine head of state made those remarks from a stage in front of Casa Rosada he shared with former Presidents José Mujica of Uruguay, Luiz Inácio Lula Da Silva of Brazil and Cristina Fernández de Kirchner, Argentina's current Vice President.

  • Monday, November 29th 2021 - 09:10 UTC

    Saudi Arabia's FM visits Buenos Aires to strengthen ties with Argentina

    “The most important thing is that we make sure everyone has access to vaccines,” Al Saud explained

    Saudi Arabia's Foreign Minister Prince Faisal al Saud said in a newspaper interview published Saturday in Buenos Aires' daily Infobae that “Argentina is our friend and ally, that will not change at the IMF.” The diplomat thus did not rule out a handout to reinforce Argentina's Central Bank's reserves.

  • Wednesday, November 24th 2021 - 09:16 UTC

    IMF praises Chilean economy but insists on targeted support for the most vulnerable

    Corbacho, “economic policy comprised a wide-range of monetary, financial, and fiscal measures that helped mitigate the fallout of the Covid-19 shock”

    An International Monetary Fund (IMF) mission, led by Ana Corbacho, met (virtually) with the Chilean authorities during November 15–19 to discuss recent economic developments, policies, and priorities for the country. The mission engaged with senior officials, analysts, and business representatives. At the conclusion of the visit, Ms. Corbacho issued the following statement: