05:00
Italian defense minister: NATO must adapt to new global realities
NATO needs to evolve to meet today’s changing world, Italy’s Defense Minister Guido Crosetto said Friday.
Argentina secures $20B IMF loan
Reuters
Reuters
Argentina has finalized a $20 billion IMF deal to stabilize reserves and repay existing debt amid severe economic challenges.
Argentina’s Economy Minister Luis Caputo has announced a $20 billion loan agreement with the International Monetary Fund (IMF).
The South American nation, grappling with triple-digit inflation and mounting debt has been in negotiations with the IMF for months. Until now, neither side had disclosed the size of the planned deal.
The announcement is the first official confirmation of the agreement’s value, following talks between the IMF and President Javier Milei’s administration.
Argentina remains the IMF’s largest borrower and is still repaying a $44 billion loan from 2022. An earlier program in 2018 under former President Mauricio Macri originally totaled $57 billion.
Of the new $20 billion, approximately $8 billion will bolster central bank reserves, while $12 billion will go toward servicing existing IMF debt. The agreement includes a ten-year repayment period with a four-and-a-half-year grace period.
04:00
Pakistan nominates Trump for the 2026 Nobel Peace Prize
Pakistan has nominated U.S. President Donald Trump for the 2026 Nobel Peace Prize for his "diplomatic role and leadership" during the recent crisis with India.
03:30
US to host signing of peace deal between DR Congo and Rwanda
The US will host the official signing of a peace agreement between the Democratic Republic of Congo (DRC) and Rwanda, the State Department announced Friday.
03:00
Deals worth $1.4 billion signed at Africa investment summit
The EU Commission signed five major agreements with Africa, securing over €1.2 billion ($1.38 billion) in investments and guarantees, EU President Ursula von der Leyen announced Friday.
02:43
Erdogan: Türkiye pursues all diplomatic efforts for regional stability
President Recep Tayyip Erdogan told Armenian Prime Minister Nikol Pashinyan on Friday that Türkiye is using all diplomatic means to establish stability not only in the Caucasus but throughout the region.
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