Argentina negotiates debt restructure with IMF

Al Jazeera English published this video item, entitled “Argentina negotiates debt restructure with IMF” – below is their description.

Argentina is trying to work out a deal with the International Monetary Fund (IMF) in a bid to avoid economic collapse.

The government has until March to restructure billions of dollars in debt, loaned to it by the IMF in 2018 when then-president Mauricio Macri struck a $57bn agreement with the lender.

Protests have taken place in Argentina against the largest loan in IMF history as inflation and poverty rise sharply.

Al Jazeera’s @Teresa Bo spoke to its Economy Minister Martin Guzman about progress made in the negotiations in Buenos Aires, Argentina.

Al Jazeera English YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

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:

Israeli forces beat mourners carrying Abu Akleh’s body

Shireen Abu Akleh’s funeral to be held in occupied East Jerusalem

G7 meeting: Foreign ministers to consider joint action on Ukraine

In This Story: Argentina

Argentina, officially the Argentine Republic, is a country located mostly in the southern half of South America. Sharing the bulk of the Southern Cone with Chile to the west, the country is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south.

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.

2 Recent Items: Argentina

Accused drug smuggler James Blee extradited from Cairns to Sydney | 7NEWS

Legendary soccer star Diego Maradona’s ‘Hand of God’ jersey sells for $9.28 million at auction

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

I would use gold to hedge inflation over crypto, says Strategas CEO Jason Trennert

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.