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Argentine President Javier Milei lifts the exchange rate cap, allowing for a new floating exchange rate system. This bold move, supported by significant IMF loans, aims to tackle inflation but …
Argentina’s Bold Economic Shift: Lifting the Exchange Rate Cap Read More
Argentina is negotiating an upfront payment of a significant portion of a US$20 billion IMF agreement. The negotiations focus on the disbursement size and timing, with frontloading sought to enhance …
Argentina Pursues Upfront Payment from IMF Amid Negotiations Read More
Bank of America projects Argentina’s imminent return to global debt markets, driven by mid-term elections and an IMF agreement. Key aspects include refining foreign exchange debt service, potential for multilateral …
Bank of America Predicts Argentina’s Imminent Return to Global Debt Markets Read More
The IMF has granted El Salvador a $1.4 billion facility, contingent upon the country modifying its bitcoin policies to mitigate financial risks. Key changes include making bitcoin acceptance voluntary, limiting …
IMF Imposes Bitcoin Restrictions on El Salvador Amid Economic Support Read More
US Secretary of State Antony Blinken has stated that no alterations to Cuba policy are expected before President Biden leaves office on January 20, 2025. This includes the status of …
No Changes to US Policy Towards Cuba Anticipated Before Biden’s Departure Read More
At COP29, rich countries’ pledge of $300 billion in climate funding drew criticism from poorer nations, highlighting a growing divide. While Europe maintained a leadership stance, upcoming conservative governments may …
COP29 Climate Finance Commitments: A Step Forward or an Empty Promise? Read More
During COP29, wealthy nations’ commitment of $300 billion annually for climate finance was met with criticism from poorer countries, highlighting the ongoing challenges of securing adequate funding. Political shifts in …
COP29 Highlights Challenges in Climate Financing Amid Political Shifts Read More
The COP29 will seek to establish a New Collective Quantified Goal (NCQG) to significantly increase climate financing from the current $100 billion target. Developed nations and emerging economies are at …
Enhancing Climate Finance: The Role of Multilateral Development Banks at COP29 Read More