Argentina agreed to start consultations with the International Monetary Fund that could lead to a new financing program, days after the global lender said the country’s debt situation had become “unsustainable”.
U.S. Treasury Secretary Steven Mnuchin on Sunday welcomed Argentina's talks with the International Monetary Fund after the heavily indebted country said it would launch consultations, starting Monday, that could lead to a new funding program.
A senior US official has held talks with Saudi Arabia's crown prince in Riyadh, despite growing concern over the Saudis' role in the murder of journalist Jamal Khashoggi. US Treasury Secretary Steven Mnuchin met Mohammed bin Salman on Monday.
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a worsening crisis over the killing of Saudi journalist Jamal Khashoggi.
The United States received a payment of US$ 100 million from Saudi Arabia on Tuesday, the same day Secretary of State Mike Pompeo arrived in Riyadh to discuss the disappearance of journalist Jamal Khashoggi, a State Department official confirmed Wednesday amid global calls for answers in the case.
Saudi Arabia, in a display of anger at the failure of the international community to end the war in Syria and act on other Middle East issues, said it would not take up its seat on the United Nations Security Council.