IMF Pulls Official Off Argentina Talks Amid Feud With Milei

[MilHojas]

IMF Pulls Official Off Argentina Talks Amid Feud With Milei

(Bloomberg) -- The International Monetary Fund moved its top negotiator with Argentina to the sidelines in talks with the South American after he drew the ire of President Javier Milei.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceHow Americans Voted...

finance.yahoo.com

 

[FrankPintor]

This might be a case of, if you owe the bank 50 Million, you don't sleep easy, if you owe the bank 50 Billion, the bank doesn't sleep easy?

 

[Quilombo]

Seeing Milei celebrate and call a guy from the IMF a commie was, well, another demonstration of Milei's economic literacy and intelligence let's say...

 

[Lisandra]

The IMF is wise to do this. Friction during high level negotiations concerning money occurs frequently. The experts here in international contract negotiations might recall that Paul Singer of Elliot Management was taking former Argentina Minister of the Economy, Axel Kicilloff, to the cleaners in court ruling after court ruling over the defaulted Argentina bonds with the negotiations becoming so toxic that Kicilloff was removed from any personal interactions and Argentina eventually walked away; unnecessarily costing Argentina millions. Paul Singer remains a multi-billionaire and Axel Kicilloff remains a failed socialist. And in the end, Milei will reach a negotiated agreement.