Political backing of the G7 for the Argentina-IMF agreement

Source: Linkedin News
By: Aldo Leporati
06.06.2018

The International Monetary Fund (IMF) began the process of notifying its 24 governors of the agreement by which they will grant a loan to shield Argentina for at least a year and a half. The G7, composed of the United States, Japan, Germany, the United Kingdom, France, Italy and Canada, has 43.46% of the votes in the IMF and for the agreement to be signed, Argentina needs to reach 50% by adding, for example, China and Russia. The official goal is to reach June 20 with the agreement underway.

That day Morgan Stanley Capital Investment (MSCI) bank will also decide if it elevates Argentina from the "border market" to "emerging market" rating. In the financial market optimism began to flourish and the leading shares of the Buenos Aires Stock Exchange rose 4.56% average, with breaks of up to 11.76% for banks and 9.41% for energy.

External Link: CLICK HERE FOR FULL ARTICLE.

  • VII Concurso Internacional de Vinhos do Brasil (Wine)
  • New York Times 36 Hours in Buenos Aires
  • Alternative Latin Investor
  • Artful Living (Mansion)
  • Avid Magazine (AWE)
  • BlackBook Mag (Mansion)
  • CNN (AWE)
  • Conde Nast Traveler (Mansion)
  • Delta Sky Magazine (Mansion)
  • Departures (AWE)
  • Elite Traveler (Mansion)
  • Finger Lakes International Wine Competition (Wine)
  • Fodor's Choice 2013 (Mansion)
  • Fodor's Choice 2013 (Wine Estates)
  • Fodors (AWE)
  • Forbes Life (Mansion)
  • Frommer's Best Vineyards & Hotels Around the World
  • Andrew Harper’s Grand Awards 2013
  • International Wine Challenge U.K.
  • 2013 International Wine & Spirit Competition (Wine)
  • Kiwi Collection (Mansion)
  • Kiwi (AWE)
  • National Geographic Traveller 2012
  • Order Wine Direct (Wine)
  • Robb Report Exceptional Places 2012
  • Tablet Hotels (Mansion)
  • Telegraph (AWE)
  • Mediterranean International Wine & Spirits Challenge (Wine)
  • Travel+Leisure
  • Trip Advisor Top 25 Hotels for Romance Argentina
  • Unique Homes (AWE)
  • USA Today (Mansion)
  • 2013 Vinalies Internationales Paris d'or (Wine)
  • Vinandino 2013 (Wine)
  • VINUS 2014 (wine)
  • WAWWJ 2014 (Wine)
  • Wine Enthusiast (AWE)