Argentina

Argentina has successfully received an initial payment of $12 billion as part of the new $20 billion loan agreement with the International Monetary Fund (IMF). The Argentine central bank announced that these funds would be directed...

Argentina’s peso slumped more than 11 percent against the US dollar Monday, after Javier Milei’s libertarian government loosened currency controls to win a $20 billion IMF bailout. The peso was trading at just under 1,200 to...

Argentina’s peso slumped more than 11 percent against the US dollar on Monday, after Javier Milei’s libertarian government loosened currency controls to win a $20 billion IMF bailout. The peso was trading at just under 1,200...

In support of President Javier Milei’s vigorous attempts to turn around the Latin American nation, the International Monetary Fund approved a new $20 billion bailout for Argentina on Friday, which would last for four years. “The...

Argentina will receive “up to $10 billion” in public and private funding over the next three years, according to a Friday announcement from the Inter-American Development Bank (IDB). A fresh $20 billion loan arrangement from the...

On Friday, the World Bank announced a $12 billion package of assistance for Argentina, of which $1.5 billion will be paid out right away to support the nation’s economic reform initiative. “A strong vote of confidence...

Despite being excluded from US President Donald Trump’s list of retaliatory tariffs, Mexican equities fell 4.87 percent on Friday as global markets panicked over the potential start of a trade war. Two days after Trump announced...

As President Javier Milei maintains his shock therapy approach to economic changes, an IMF official indicated Tuesday that Argentina and the Fund are in advanced discussions on a new loan agreement. “Discussions on a new Fund-supported...

In addition to the $44 billion Buenos Aires currently owes the IMF, President Javier Milei was authorized by Argentina’s Congress on Wednesday to negotiate a new loan arrangement. On March 11, Milei requested that parliament authorize...

The government of Argentina announced on Wednesday that it hopes to reach a new loan arrangement with the IMF in two months. The agreement “should be completed in the first four months of the year,” presidential...