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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.


Source: Economy - investing.com

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