IMF Approves $2 Billion Disbursement to Argentina as Peso Slides
The board approved the funds after IMF staff finished the first review of Argentina's $20 billion deal, the Washington-based lender said in a statement Thursday. It brings total disbursements under the program, known as an extended fund facility, to $14 billion. However, the IMF confirmed that Argentina missed a mid-June target for building up its net international reserves at the central bank.
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US trade advisor says Trump tariff rates unlikely to change
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'Leave the oil in the ground': Same debates, different country
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Selwin has thought deeply about the issues that bubble in nation-building endeavours and he's savvy enough to know what's negotiable. Right now, he's especially focused on one question: Who benefits from Guyana's resource windfall? After the first significant oil discovery in offshore Guyana was made by ExxonMobil, Selwin argued his country should adopt something similar to the Alaska sovereign wealth fund model. 'I believe it is critical that the public remains vigilant,' Selwin wrote then in a Guyanese newspaper, 'and so I urge that we go the path of Alaska by adopting a model of dividends for all. The introduction of the Alaska model of paying dividends to every Alaskan from their oil and gas resources would work wonders to strengthen the good governance model and ensure an engaged populace.' Who benefits? It's a critical question that can stimulate public awareness and buy-in — and one Canadians could spend more time talking about. 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Putin unfazed as his economy holds up
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