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Dollars Are So Scarce in Argentina That Yuan Use Is at a Record

(Bloomberg) It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is considering paying with China’s yuan to import parts for a new factory. Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionUS Navy Detected Titanic Submersible’s Implosion Days AgoFive-Star Hotel Guest Leaves Without Paying After 603-Night StayThese Are the World’s Most (and Least) Liveable Cities in 2023The Big Names That Got Backstop for Bill

Dollars Are So Scarce in Argentina That Yuan Use Is at a Record

(Bloomberg) It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is considering paying with China’s yuan to import parts for a new factory. Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Five-Star Hotel Guest Leaves Without Paying After 603-Night StayUS Navy Detected Titanic Submersible’s Implosion Days AgoUS Treasury Secretary Yellen Sees Lower

UAE Lenders Fill Turkey Financing Void Left by Global Banks

(Bloomberg) United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left by Western lenders that have retreated amid concerns over the country’s increasingly restrictive regulatory environment under President Recep Tayyip Erdogan.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump

China, Argentina renew currency swap deal-Xinhua

China, Argentina renew currency swap deal-

Transcripts for BBCNEWS World Business Report 20240604 04:39:00

cost in a bad situation. some have suggested cost in a bad situation. some have suggested that - cost in a bad situation. some have suggested that biden i have suggested that biden should invoke the 14th amendment which states the validity of us debt should not be questioned and just burrow on constitutional grounds. would that work and is there a precedent for that? would that work and is there a precedent for that? there is no precedent precedent for that? there is no precedent to precedent for that? there is no precedent to that. precedent for that? there is no precedent to that. it precedent for that? there is no precedent to that. it might - precedent to that. it might work but it is uncertain it would be tested in the courts so the outcome we appear to have reached is superior to that, the cost of reaching this debt ceiling stand off agreement is relatively small and all of his priorities are being maintained so i think he is taking the right approach. thank you very m

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