“The offer will be known today and will be open until the end of August,” the center-left Peronist leader said in an interview with Radio Milenium, suggesting a current July 24 deadline for a deal would be further extended.Argentina is racing to revamp $65 billion in foreign bonds after tumbling into its ninth sovereign default in May. A deal is key to avoiding a messy and protracted legal standoff that would lock the country out of international credit markets.
The government is expected in coming days to formalize the new offer by sending it to the U.S. Securities and Exchange Commission , a source told Reuters on Friday. [nL8N2EA3KS] Argentina’s debt restructuring process has been buffeted by the novel coronavirus pandemic, which is pushing the country deeper into recession and driving up poverty. The South American country’s economy is expected to contract around 12% this year.
The grains producing stronghold is also looking to strike a new deal with major backer the International Monetary Fund, to help replace a $57 billion credit facility agreed in 2018.Our Standards:
XadrezVerbal
'I hope that the talks, which are fairly well underway, will end well,' he added.
Junk junk bonds
BLM
It’s called a bond, you financial infants!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A Minecraft Cereal Is Coming in August, and We Can Already Hear Our Kids CrunchingKellogg's is coming out with a Minecraft-themed cereal called Minecraft Creeper Crunch, featuring cinnamon-flavor cereal bits and green marshmallows.
Source: POPSUGARMoms - 🏆 117. / 63 Read more »
August Alsina Defends His ‘Truth’ After Jada Pinkett Smith ClaimsAugust Alsina spoke about telling the 'truth' following his claim that he had an affair with Jada Pinkett Smith. Why is it that when a man comes forward about something like this, he’s not believed. But a woman can claim the same with no proof and is believed immediately 😒
Source: usweekly - 🏆 390. / 55 Read more »
August Alsina Stands By His 'Truth' After Addressing Alleged AffairThe singer shared a lengthy post saying that his truth is his truth and people can believe what they want. as he should. I am always skeptical when people talk about 'their truth.' He either had sex with her or he did not. That is not subject to a point of view. It is The Truth or it is A Lie. He’s probably telling the truth.
Source: etnow - 🏆 696. / 51 Read more »
Jada Pinkett Smith met August Alsina 'through son Jaden'August Alsina is said to have met Jada Pinkett Smith through her son Jaden as Will Smith's wife denies affair claims
Source: Mirror Celeb - 🏆 476. / 51 Read more »
August Alsina says he warned Jada Pinkett-Smith before exposing their 'affair'American singer August Alsina has doubled down on his claim he enjoyed an affair with Jada Pinkett-Smith at the behest of her husband, Will – and says he warned the A List stars he was taking the story public DailyMirror Ok so who told these guys we care? He needs to have done it amongst their circle. They are both adults, and were at that time so handle it like adults.
Source: Mirror Celeb - 🏆 476. / 51 Read more »
There's 4 Months Until the Election and Kanye West Says He's Running for PresidentBut apparently he hasn't even filed with the FEC. He is a better joker than trump I guess lol.. Kanye need a trip to Bellevue Trump survives by distraction. Ignore it.
Source: TeenVogue - 🏆 481. / 51 Read more »