While market actors have a ‘favorable’ view of the agreement, they are saving final judgement until all details are known
Economics
They also accused the government of ‘choosing the bully route’ and ‘robbing future generations’
The surprise move came days after the president called on Congress to support ongoing talks with the lender
Spokeswoman Julie Kozack emphasized that congressional approval of a new program was a domestic issue
Republican Action for Argentina had argued for dismissal claiming the nationalized shares were obtained through corruption
The announcement comes as the United States levies steep tariffs on Mexico, Canada and China
The Central American country had adopted the cryptocurrency as legal tender in 2021
The Argentine president was lauded soon after the Libragate cryptocurrency scandal erupted, but licensed Brazilian economists are crying foul
The Republic Action for Argentina claimed in a letter to Judge Preska that part of the expropriated shares were previously acquired through corruption