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Transcripts For RT Boom Bust 20240716

a year ahead of previous plans and to run a one percent surplus and twenty twenty the mecca of ministration also agreed to adopt a floating exchange rate on their badly battered economy and that the argentine central bank would only make a limited intervention in the case of what ms la garde called extreme overshooting of the exchange rate the agreement is already controversial given argentine history the i.m.f. was widely blamed within argentina for contributing to their economic collapse back in two thousand and two after that collapse argentina actually defaulted temporarily on their i.m.f. loans the government later paid the loans in full then effectively renounce the i.m.f. or they say about biting the hand that feeds you. and moving north into the east the brazilian state oil country petro boss has agreed to pay a fine over eight hundred fifty three million dollars to settle the so-called car wash corruption case that we ve talked about before. in the united states u.s.

Transcripts For RT Boom Bust 20240716

the brazilian state oil country petro boss has agreed to pay a fine over eight hundred fifty three million dollars to settle the so-called car wash corruption case that we ve talked about before in the united states u.s. justice department to go shade of the settlement announced that this morning in a statement the department said the deal resolves alleged bribes that led officials to threaten petro boss officials with charges under the foreign corrupt practices act the assistant director at the us federal bureau of investigation the f.b.i. said quote the hefty eight hundred fifty three point two million criminal penalty should act as a deterrent to anyone seeking to perpetuate this kind of fraud in the future but your boss stock rose four percent on the news. and moving to north america the trump ministration reportedly plans to pressure canada on renegotiation of nafta the north american free trade agreement this week by publishing new text that only includes mexico for the

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