Tag: IMF

• Monday, March 15th 2021 - 09:24 UTC

  A no deal of Argentina with IMF this year, not so bad after all according to Morgan Stanley

  

  International Investment Bank Morgan Stanley has shifted its long-held view on Argentina sovereign credit to “like,” as risks were flexed upside after a lot of bad news had been priced into bonds, including, increasingly, a delay to an IMF program and a further complication with the Club of Paris payment.

• Saturday, March 6th 2021 - 09:55 UTC

  Bolsonaro confirms his trip to Argentina and supports negotiations with IMF

  

  Brazilian president Jair Bolsonaro confirmed he will be traveling to Argentina on March 26th for the celebration of Mercosur's 30th anniversary, and also offered support for the president Alberto Fernandez administration negotiations with the IMF.

• Friday, March 5th 2021 - 08:00 UTC

  The Haves and Have-nots of the Digital Age

  

  By Gita Bhatt (*) – Accelerated by the pandemic, the digital future is coming at us faster than ever before, and maybe faster than we can imagine. In this issue, we explore the possible consequences —the good, the bad, and the gray.

• Thursday, March 4th 2021 - 07:07 UTC

  Argentina and the IMF: Another Default in the Works?

  

  By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.

• Tuesday, March 2nd 2021 - 09:58 UTC

  Argentine president attacks opposition, Judiciary, media and economic powers

  

  In a defiant speech before the Legislative that launched the campaign for the October midterm elections, Argentine president Alberto Fernandez on Monday opened the 139th Congressional period of ordinary sessions with a barrage of attacks on the opposition, Judiciary, media and the concentrated economic powers.

• Friday, February 26th 2021 - 13:54 UTC

  IMF admits discussions with Argentina continue but no meeting planned for May

  

  IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.

• Wednesday, February 24th 2021 - 08:33 UTC

  US bishops call on Biden to sponsor a boost of IMF resources to support poor countries

  

  The United States Conference of Catholic Bishops and an alliance of faith groups urged President Joe Biden on Tuesday to back a big boost in the International Monetary Fund's (IMF) emergency reserve funds to help poor countries devastated by the coronavirus pandemic.

• Thursday, February 18th 2021 - 09:50 UTC

  Bondholders criticize Argentina erratic economic policies, subordinated to politics

  

  Creditors have criticized the current Argentine government of the country for what it describes as “erratic” economic policies claiming they are impeding growth and weighing on bond prices five months after the government restructured some US$ 65 billion in foreign bonds.

• Tuesday, February 16th 2021 - 09:02 UTC

  Argentina's October midterm elections condition IMF debt deal

  

  Argentina’s powerful vice-president Cristina Fernández de Kirchner and her allies in the leftwing administration want to postpone a crucial US$ 44bn debt deal with the IMF until the pandemic has eased, officials said, avoiding painful spending cuts before October’s midterm elections.

• Thursday, February 11th 2021 - 09:45 UTC

  Argentina's goal of an IMF agreement by May, “is an ambitious timeline”

  

  Argentina is planning to reach an agreement with the International Monetary Fund (IMF) on a new restructuring program by May, an ambitious timeline according to the IMF’s Western Hemisphere Director Alejandro Werner.