Argentina renegotiates its IMF debt
We look at the history of Argentina's relationship with the International Monetary Fund.
We look at the history of Argentina's relationship with the International Monetary Fund. Around a third of the country's population are struggling to feed their families, and as Argentina tries to renegotiate its debts, Lena Komileva, chief economist at G-Plus Economics explains the relationship between the country and the lender. The Βι¶ΉΤΌΕΔ's Daniel Gallas tells us what's at stake in today's IMF talks. And Dr Juan Grigera of King's College London discusses why Argentina remains the world's leading default machine. Also in the programme, oil giant BP's new chief executive Bernard Looney has outlined plans to cut his firm's carbon emissions to net zero by 2050. We find out more from FT's Anjili Raval. Plus, the Chinese e-commerce giant Alibaba - its value currently assessed by the markets at a little over 600 billion dollars - is due to present its quarterly results on Thursday. In the normal run of things, we might expect this to be another blizzard of eye-watering numbers - showing the company founded 21 years ago in a Hangzhou apartment still standing strong. But has the Coronavirus changed things - at least in the short term?
(Picture: Argentinians protest against the country's IMF debts. Picture credit: Getty Images.)
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- Wed 12 Feb 2020 22:32GMTΒι¶ΉΤΌΕΔ World Service