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Judi Lynn

(160,453 posts)
Thu Jan 21, 2016, 07:30 PM Jan 2016

The Latest: US drops rivalry to multilateral Argentine loans

The Latest: US drops rivalry to multilateral Argentine loans
Updated 4:28 pm, Thursday, January 21, 2016

DAVOS, Switzerland (AP) — The latest developments from the World Economic Forum's annual meeting in Davos, Switzerland, where top executives and world leaders are gathered this week. All times local.

10:35 p.m.

The United States says it will no longer oppose lending to Argentina from multilateral banks.

The U.S. Treasury statement follows a meeting between U.S. Treasury Secretary Jacob J. Lew and Argentine Finance Minister Alfonso Prat-Gay at the World Economic Forum in Davos, Switzerland, on Thursday.

It says the policy change was prompted by the Argentine government's "progress on key issues and positive economic policy trajectory."

More:
http://www.chron.com/business/energy/article/The-Latest-Diplomacy-mixes-with-economy-at-Davos-6773787.php

LBN:
http://www.democraticunderground.com/10141321326

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