IMF Managing Director Kristalina Georgieva and Argentina’s Economy Minister Martin Guzman. Reuters/ File Photo
US President Donald Trump called Argentine President-elect Alberto Fernandez to congratulate the center-left politician for winning Sunday’s election and discuss the South American country’s troubled economy.
The International Monetary Fund (IMF) warned Argentina’s bondholders that they would likely need to take a hit to help resolve the country’s “unsustainable” debt burden.
The whole world is going through a horrible situation: number one, the fear of death because of coronavirus, plus unbearable losses to the world economy because of lockdown in many parts of the world.
Dubai-based airline, flydubai announced today the resumption of flights to Malé, the capital of the island nation, the Maldives. The service, which the carrier initially operated between 2013 and 2018, will be reinstated from 27th October
Britain’s Rolls-Royce Holdings said on Saturday it was looking to raise up to 2.5 billion pounds ($3.2 billion) in an effort to strengthen its balance sheet.
In April, the government of the anti-establishment 5-Star Movement and the centre-left PD party forecast a fall in gross domestic product of 8% this year and a 2021 rebound of 4.7%.