About: http://data.cimple.eu/news-article/612e3510246599fe47f13a741f2cca0ea209710a8c7e4b3977e7769e

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/612e3510246599fe47f13a741f2cca0ea209710a8c7e4b3977e7769e Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Recession-hit Argentina said on Tuesday it was postponing the payment of a bond after failed attempts to exchange it for other securities. The decision, announced by the economy ministry, comes a day before a delegation from the International Monetary Fund was due to arrive in Buenos Aires to discuss the restructuring of the South American country's crippling debt to the global financial institution. Argentina's external debt is $311 billion, according to the latest figures, of which it owes $44 billion to the IMF. The bond, worth 95 billion pesos ($1.55 billion), was issued 18 months ago under the government of market-friendly center-right then-president Mauricio Macri. But the country is now run by center-left Peronist President Alberto Fernandez. The bond's payment due on Thursday was meant to be linked to the evolution of the exchange rate, something which made it highly attractive. The peso has depreciated by 55 percent since the issue making it harder for the government to repay the debt. The economy ministry said it was issued "in the context of a profound economic, exchange and debt crisis." "We all know what happened next: the macroeconomic breakdown worsened, the Argentine peso depreciated significantly, and consequently the debt burden imposed by this bond rose to even more unsustainable levels." The ministry said the country would honor the payment of interest, even though it was deferring the debt. The ministry added that individuals with bonds worth the equivalent of less than $20,000 would be paid. nn/sa/mls/bc/bgs
schema:headline	Argentina postpones 'unsustainable' bond repayment
schema:mentions	Exchange rate Peronism 18 Months Argentine peso External debt Evolution Government debt Alberto Fernández International Monetary Fund President of Brazil Mauricio Macri Argentina United States Buenos Aires Province Financial institution European debt crisis Macroeconomics Major League Soccer
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-11 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software