Mauricio Macri

Argentina reaches debt deal with IMF

Argentina has reached an agreement with the International Monetary Fund to refinance more than $40 billion in debt, President Alberto Fernandez has said.

"We had an unpayable debt that left us without a present or a future, and now we have a reasonable agreement that will allow us to grow and comply," Fernandez said on national television on Jan. 28.

Argentina: Polls closed, political upheaval expected

According to AP findings, the elections could lead to a political upheaval in Argentina, as according to the polls, the country's Peronist center-left are ready to return to power under Alberto Fernndez, while it is expected that due to "a bruising economic crisis", significantly less support will be given to the incumbent Conservative President Mauricio Macri.

The IMF Provides a $ 50 Billion Loan to Argentina

BBC - The International Monetary Fund has agreed to lend Argentina up to $50bn (£37.2bn) as the country seeks to bolster its struggling economy.

The three-year agreement must still be approved by the IMF board.

Argentina, which has been plagued by economic problems for years, asked for assistance from the IMF on 8 May after its currency hit an all-time low.

NYC attack suspect charged with terrorism offences (VIDEO)

Federal prosecutors brought terrorism charges Wednesday against the Uzbek immigrant accused in the truck rampage that left eight people dead.

Prosecutors said the suspect was spurred by the Islamic State group’s online calls to action and picked Halloween because he knew more people would be out on the streets.

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