Saturday, March 21, 2020

Alberto tells the IMF to get lost

Alberto Fernandez, the Peronist President of Argentina, is phoning to Giorgieva of the IMF (International Monetary Fund) that Argentina will not repay the loan received last year. IMF's former Chief Lagarde loaned Argentina half of IMF's capital to help Macri win the elections (he lost). It's not small change, we are talking about a hundred billion dollars. Alberto also told her that no pandemic will affect Argentina. I can't say this was unexpected.


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