International Monetary Fund admits economic consequences of Russia's attack on Ukraine will likely impact upon targets outlined in Argentina’s new financing programme.
Bill to promote healthy food via informative and visible labelling, which also bans advertising for soft drinks, clears lower house Chamber of Deputies.
April 5, 2021 last updated 17:38 ET Argentine President Alberto Fernandez, seated beside Vice President Cristina Fernandez de Kirchner, delivers his State of the Nation speech to mark the opening session of Congress, in Buenos Aires, Argentina, March 1, 2021 (AP photo by Natacha Pisarenko).
Will Argentina’s Fernandez Punt on a Deal With the IMF?
In a vitriolic address to Argentina’s Congress on March 1, President Alberto Fernandez put to rest any illusions that he would be a moderating influence on his vice president and political mentor, former President Cristina Fernandez de Kirchner. (The two are unrelated.) During his speech, the president attacked Cristina Fernandez’s traditional enemies, including the press, the judiciary and the political opposition. More surprisingly, he also criticized the International Monetary Fund, despite being in the middle of discussions to renegotiate Argentina’s $44 billion debt.