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Argentina owes the IMF about US$58 billion, more than any other country. On Friday 25 September it starts repaying the principal of its 2022 loan, with US$793 million. The post Argentina Starts Repaying Its 2022 IMF Loan With US$793 Million appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
With household loan defaults at a record 5.8% and a presidential vote on 4 October, Lula is set to unveil a plan for the Treasury to buy up old consumer debts at discounts of up to 95%.
The bid amount may move higher if 'bid tension ensues,' and could involve 'both cash and stock this time around'
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S.
Mexico has no national unemployment insurance, so few people can afford to stay jobless. Its rate edged up to 3.0% in August, while factory jobs fell by 263,000 in a year.
Chile has the highest credit rating in Latin America, and S&P Global Ratings has kept it at A. But the agency now expects the country's budget repair to take longer, with debt rising until 2029.
Money from migrants equals about 30 percent of Honduras's economy. By 10 September it had reached US$9.33 billion this year, up 11.4 percent, despite rising US deportations and a new US tax on cash…