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DW Business August 21, 2019 03:02:00

Argentinas new Treasury Minister acts fast to stabilize the beleaguered peso selling dollar reserves in a much welcomed move but can he solve the countrys underlying problems including its massive pile of debt. Also coming up its legal bills are mounting now german heavyweight buyer is selling its Animal Health unit to free up cash. And fasten your seat belts singapore is getting ready to launch a trial itself driving buses. This is your Business Report im stephen bears in berlin thanks for joining us argentina welcome to new Treasury Minister on tuesday and on the coons it wasted no time in dealing with the countrys fragile economy Argentinas Central Bank auction 112000000000. 00 u. S. Dollars f ....

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DW Business August 21, 2019 03:04:00

Starting point for the next president is a solid and robust platform to recover growth. but argentina is buried in debt the i.m.f. gave my crease government a $57000000000.00 loan last year on the provision that it implemented strict austerity measures to attract foreign investment the investment has not come the economy is struggling and the i.m.f. are due for a visit. just yesterday i spoke with representatives of the i.m.f. by telephone. in the coming days they will visit to make a review of the goals that were set out. but who cares about abstract budgetary targets when ordinary people are running out of money with price increases of more ....

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