|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Argentina

Trump Praises Macri’s Handling of Argentine Economic Crisis

WASHINGTON – US President Donald Trump praised on Tuesday the work of Argentine counterpart Mauricio Macri in the face of an economic crisis, and expressed his support for Buenos Aires’s request to accelerate the disbursement of an approved IMF credit.

“President Macri is doing an excellent job with this very difficult economic and financial situation,” Trump said in a press release, adding that he had spoken by telephone with the Argentine head of state.

Argentina’s central bank has raised its benchmark interest rate to 60 percent in a bid to stop the peso’s plunge against the dollar.

“I have confidence in President Macri’s leadership, and I strongly encourage and support his engagement with the International Monetary Fund to strengthen Argentina’s monetary and fiscal policies to tackle the country’s current economic challenges,” Trump said.

The White House released the Trump statement hours after the Argentine government disclosed the conversation between the two heads of state.

During the conversation, which lasted 15 minutes, Trump said that “he is aware of the juncture” and welcomed Macri’s proposal for a state visit November, during the G-20 Summit in Buenos Aires, the Argentine government said.

The conversation took place the same day that the team helmed by Argentine Economy Minister Nicolas Dujovne met in Washington with IMF head Christine Lagarde to renegotiate the accord signed in June on a $50 billion stand-by credit line for Argentina.

On Aug. 31, the White House officially announced Trump’s visit to Argentina for the Nov. 30-Dec. 1 G-20 Summit.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved