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Incoming IDB chief aims to help Argentina negotiate new IMF program

Claver-Carone told Reuters in an interview that he wanted to help Argentina negotiate a new program with the IMF to replace a failed 2018 agreement that has already seen around $44 billion disbursed, but said the talks would be “long and arduous.”

He said he pledged his support in a call with Argentina’s President Alberto Fernandez shortly after Saturday’s election for a new president of the Inter-American Development Bank. Argentina had favored delaying the election, and abstained from the vote, along with 15 other member countries.

U.S. Restricts Chinese Apparel and Tech Products, Citing Forced Labor

Treasury's Mnuchin, Fed's Powell to testify before Senate panel on Sept. 24 on coronavirus relief