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.
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The International Atomic Energy Agency said on Tuesday its team at Ukraine's Zaporizhzhia nuclear power plant heard shelling close to the site and obs...
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on advancements in AI, quantum computing, and civil nuclear energy.
Benfica squandered a two-goal advantage, falling 3-2 at home to Qarabag in their Champions League opener. Oleksiy Kashchuk's late strike secured a historic comeback for the Azerbaijani side.
The International Atomic Energy Agency said on Tuesday its team at Ukraine's Zaporizhzhia nuclear power plant heard shelling close to the site and observed black smoke rising from three nearby locations.
U.S. President Donald Trump arrived in Britain late on Tuesday for his second state visit, where the UK and US plan to announce major investment deals and strengthen their “special relationship,” Prime Minister Keir Starmer said.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
As Israel launches a major ground offensive in Gaza City, families of hostages and activists in Jerusalem demand the immediate release of captives, intensifying pressure on Prime Minister Netanyahu.
Japan will not recognise a Palestinian state for the time being, and Prime Minister Shigeru Ishiba will skip a relevant meeting during the United Nations General Assembly this month, the Asahi newspaper reported on Wednesday, citing unnamed government sources.
Utah prosecutors said on Tuesday they will seek the death penalty for the suspect in conservative activist Charlie Kirk's assassination and revealed some of the evidence against him, including alleged text messages in which he appeared to confess to the crime.
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on advancements in AI, quantum computing, and civil nuclear energy.
Benfica squandered a two-goal advantage, falling 3-2 at home to Qarabag in their Champions League opener. Oleksiy Kashchuk's late strike secured a historic comeback for the Azerbaijani side.
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