India  

Argentina debt crisis: IMF loan repayments loom as economy falter

Video Credit: Al Jazeera STUDIO - Duration: 03:05s - Published
Argentina debt crisis: IMF loan repayments loom as economy falterArgentina is the IMF's largest sovereign borrower.

You Might Like


💡 newsR Knowledge: Other News Mentions

Argentina Argentina Country in South America

Argentina Protests: Massive protests over education cuts under new President Milei | Oneindia [Video]

Argentina Protests: Massive protests over education cuts under new President Milei | Oneindia

According to protest organisers, hundreds of thousands of Argentines flooded the streets to express their outrage over cuts to higher public education under the newly elected President Javier Milei. Students, professors, parents, and alumni from the country's 57 state-run universities rallied together on Tuesday, uniting in defence of free public university education amidst the economic turmoil plaguing South America. Joined by labour unions, opposition parties, and private universities, the demonstrations spread from Buenos Aires to major cities like Cordoba, marking one of the largest protests against the austerity measures implemented since Milei assumed office in December. While police estimated around 100,000 participants in the capital alone, organisers claimed the number soared closer to half-a-million, effectively paralysing the city centre for hours. #ArgentinaProtests #EducationCuts #PresidentMilei #ArgentinaEducation #Protests #HigherEducation #PublicEducation #BudgetCuts #EducationReform #StudentProtests ~HT.178~PR.152~ED.194~GR.123~

Credit: Oneindia    Duration: 03:01Published
Olympic Break-Dancing Is Making Its First Appearance at the Paris Games [Video]

Olympic Break-Dancing Is Making Its First Appearance at the Paris Games

Olympic Break-Dancing , Is Making Its First Appearance , at the Paris Games. NBC reports that break-dancing will make its debut as an official Olympic sport at the upcoming Paris Games. Also known as breaking, the sport features headspins, windmills, various "freeze" moves and will be set to music. According to the Paris Olympics, the sport is , "characterized by acrobatic movements, stylized footwork and the key role played by the DJ and the MC (master of ceremonies) during battles.". The sport first made an appearance at the 2018 Youth Olympics in Buenos Aires, Argentina. According to NBC Olympics, the event garnered over one million viewers, a much wider audience than many other sports. According to NBC Olympics, the event garnered over one million viewers, a much wider audience than many other sports. Breaking joins a number of other new sports, including three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing. Breaking joins a number of other new sports, including three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing. Breaking joins a number of other new sports, including three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing. NBC reports that the new sports represent an effort by the International Olympic Committee (IOC) to draw in younger viewers and athletes. . NBC reports that the new sports represent an effort by the International Olympic Committee (IOC) to draw in younger viewers and athletes. . The Paris Olympics breaking competition will be split into two events on August 9 and 10 at La Concorde Urban Park. According to the Paris Olympics, the event will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles.". According to the Paris Olympics, the event will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles."

Credit: Wibbitz Top Stories    Duration: 01:31Published
Protesters clash with police in Argentina over austerity reforms [Video]

Protesters clash with police in Argentina over austerity reforms

Demonstrators are demanding Javier Milei's government provide more social benefits for impoverished families.

Credit: euronews (in English)    Duration: 00:45Published
WATCH:  Sand artists recreate the Passion of Christ in the Bolivian Andes [Video]

WATCH: Sand artists recreate the Passion of Christ in the Bolivian Andes

Artists from Bolivia and Argentina gathered in a desert area of the Bolivian Andes to recreate the Passion of Christ and images from the Old Testament of the Bible.

Credit: euronews (in English)    Duration: 01:00Published
Uber-rich Latinos transforming Madrid into the new Miami [Video]

Uber-rich Latinos transforming Madrid into the new Miami

Dozens of families from Mexico, Argentina, Colombia and Venezuela have chosen Madrid as a residential and investment destination, transforming the real estate, cultural and leisure fabric of the Spanish capital.

Credit: euronews (in English)    Duration: 02:14Published

International Monetary Fund International Monetary Fund International financial institution

IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]

IMF Warns of Broad Global Impact Due to Conflict in the Middle East

IMF Warns of Broad Global Impact, Due to Conflict in the Middle East. According to 'The Guardian,' the International Monetary Fund recently highlighted the risks of escalating conflict in the Middle East with two new reports. . The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel. The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy. The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy. That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war. That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war. 'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. . Pierre-Olivier Gourinchas, the IMF’s economic counsellor, said the organization was evaluating the potential for another commodity shock from the conflict. The increased inflation that would come from higher energy prices would trigger a response from central banks that would tighten interest rates in order to secure inflation coming back to target, and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. The increased inflation that would come from higher energy prices would trigger a response from central banks that would tighten interest rates in order to secure inflation coming back to target, and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. It would do so in a context in which, in some countries, activity and growth is already fairly weak, so that might also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. According to Gourinchas, the impact of a 15% increase in the price of oil, combined with higher shipping costs, could result in a 0.7% increase in global inflation. According to Gourinchas, the impact of a 15% increase in the price of oil, combined with higher shipping costs, could result in a 0.7% increase in global inflation. Gourinchas also warned that such an increase would also bring down business confidence and global investment.

Credit: Wibbitz Top Stories    Duration: 01:31Published
IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News [Video]

IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News

The IMF team, led by Nathan Porter, expressed dismay at Pakistan's finance ministry for prematurely claiming fulfillment of structural benchmarks. Before completing their review, the team arrived to analyze economic data. The ministry's premature announcement left the IMF unable to provide feedback. Pakistan's finance minister assured such incidents wouldn't recur. Discussions continue for the release of the last $1.1 billion tranche, with speculation of a potential mini-budget to boost revenues. #IMF #NathanPorter #PakistanEconomicCrisis #IMFPakistan #PakistanEconomy #IMFBailout #Worldnews #Pakistannews #Economynews #Oneindia #Oneindianews ~HT.178~PR.152~GR.123~

Credit: Oneindia    Duration: 02:25Published
Investing in women and girls: Is gender parity the key to economic prosperity? [Video]

Investing in women and girls: Is gender parity the key to economic prosperity?

Why does the world need more women in the labour market and managerial positions? Kristalina Georgieva, the International Monetary Fund's Managing Director, shares her thoughts on the Global Conversation.

Credit: euronews (in English)    Duration: 08:00Published