About This Source - Al Jazeera English
The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.
Recent from Al Jazeera English:
Al Jazeera English published this video item, entitled “Argentina debt crisis: IMF loan repayments loom as economy falter” – below is their description.
Argentinian President Alberto Fernandez has said he will not rush into a new deal with the IMF.
There is concern that Argentina may miss a May deadline with the IMF to agree on how to repay a loan of more than $40bn.
One of the IMF demands is to cut government spending.
Fernandez’s centre-left Peronist administration faces mid-term elections in October and is unlikely to impose austerity measures that will hurt him politically.
Argentina is struggling with a rise in poverty, unemployment and a drop in economic activity
Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina.
–Al Jazeera English YouTube Channel
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In This Story: Argentina
With a mainland area of 2,780,400 km2 (1,073,500 sq mi), Argentina is the eighth-largest country in the world, the fourth largest in the Americas, the second largest in South America after Brazil, and the largest Spanish-speaking nation by area.
Argentina claims sovereignty over part of Antarctica, the Falkland Islands, and South Georgia and the South Sandwich Islands.