International
The IMF approves the disbursement of another 800 million dollars for Argentina
The Executive Board of the International Monetary Fund (IMF) approved the eighth revision of the agreement with Argentina, which allows an immediate disbursement of approximately 800 million dollars for the country.
The financial agency indicated in a statement that this disbursement “will support the efforts of the authorities to restore stability and strengthen Argentina’s external viability.”
The total disbursements made under the Fund’s agreement with Argentina amounts to about 41.4 billion dollars.
The IMF stressed that, when completing the review, “the Executive Board considered that the program was firmly on track, with all the quantitative performance criteria until the end of March 2024 met with margins.”
“Non-compliance exementions for a new exchange rate restriction and multiple exchange practices were also approved in the context of some relaxation of the restrictions on the payment of dividends.”
To maintain solid progress, according to the IMF, “it is necessary to improve the quality of fiscal adjustment, to initiate steps towards an improved monetary and exchange policy framework, implement the structural agenda.”
Likewise, “continue efforts to support the most vulnerable, expand political support and ensure agility in the formulation of policies.”
In March 2022, the then Government of the Peronist Alberto Fernández (2019-2023) signed an agreement with the IMF to refinance loans for about 45 billion dollars that the agency had granted to Argentina in 2018, during the presidency of the conservative Mauricio Macri (2015-2019).
The pact includes quarterly revisions such as the one now surpassed on the level of compliance with demanding goals in terms of fiscal discipline, accumulation of monetary reserves and limits on monetary issuance.
The approval for new disbursements to Argentina by the agency depends on the fulfillment of those goals and the approval of each review, funds that, in turn, the South American country uses to cancel its debt to the entity, which amounted to 40,899 million dollars at the end of 2023.
On Tuesday, the Argentine Minister of Economy, Luis Caputo, said that he will negotiate a new program with the IMF after the eighth review of the organization: “From there we will begin to negotiate a new program with them,” he said.
The IMF had highlighted in a statement last May that Argentina reached this eighth review with a “stabilization plan” where it could reach “the first quarterly fiscal surplus in sixteen years,” a “rapid fall in inflation” and “a strong reduction in sovereign risk.”
Argentina had passed this last review in May, but that step had to go through a formal procedure and be approved by the Executive Board of the IMF, something that took place this Thursday, to receive the 800 million.
This eighth review corresponds to the first quarter of 2024, a period marked by the drastic change in economic policy in Argentina after the arrival of Javier Milei to the presidency in December and the implementation of a severe adjustment plan to recover the fiscal surplus this year.
International
Mexico City Mayor Invites U2 to Perform at Iconic Zócalo Plaza
Irish rock band U2, which spent Tuesday and Wednesday filming a new music video for its song Street of Dreams in the Historic Center of Mexico City, received an invitation to perform at the capital’s iconic Zócalo square from Mayor Clara Brugada.
Brugada shared the invitation through social media posts accompanied by photos and a video showing her meeting with the band members.
“This is an invitation for you to perform in our wonderful public square, the Zócalo. You are welcome here, and we would love to have you,” Brugada said in the video while handing a document to Bono, the band’s lead singer.
Bono responded by saying that the group would like “to begin its new tour in Mexico City.”
Referencing one of the band’s most famous songs, In the Name of Love, Brugada said she was greeting Bono along with The Edge, Adam Clayton and Larry Mullen Jr..
“Welcoming U2 to our capital means celebrating music, connection and the emotion that can be felt in every corner of this city,” Brugada wrote in one of her messages. “We are a city open to the world, vibrant and full of stories shared from the stage to the streets.”
She also described the Zócalo as “the country’s most important public square” and a cultural landmark for Latin America.
Over the years, the Zócalo has hosted massive concerts by internationally renowned artists and bands including Roger Waters, Paul McCartney, Manu Chao, Café Tacvba, Los Fabulosos Cadillacs, Los Tigres del Norte, La Maldita Vecindad, Silvio Rodríguez, Joan Manuel Serrat, Rosalía and Shakira, drawing hundreds of thousands of fans.
International
Marco Rubio Urges China to Help Restrain Iran Amid Gulf Tensions
Marco Rubio said Wednesday that Washington hopes to persuade China to take a more active role in stopping Iran from escalating tensions in the Persian Gulf, arguing that the crisis directly threatens Asian commercial interests.
“It is in China’s interest to resolve this situation. We hope to convince them to play a more active role in getting Iran to stop what it is doing now and trying to do in the Persian Gulf,” Rubio said during an interview with journalist Sean Hannity on Fox News while traveling aboard Air Force One.
The top U.S. diplomat said the conflict and concerns over the possible disruption of the Strait of Hormuz have already affected China’s interests.
Rubio noted that “a Chinese cargo ship was struck over the weekend,” referring to the exchange of attacks reported last Friday between Iran and the United States.
The remarks come amid growing international concern over rising tensions in the region and the potential impact on global trade routes and energy supplies.
International
Trump floats Vance-Rubio potential Republican ticket for 2028 election
U.S. President Donald Trump suggested on Monday that Vice President JD Vance and Secretary of State Marco Rubiocould potentially form a Republican presidential ticket for the 2028 elections.
Speaking during a dinner with law enforcement officials as part of National Police Week, Trump publicly praised both officials and said they could make “an ideal team” for the next presidential race.
“Who likes JD Vance? Who likes Marco Rubio?” Trump asked attendees before adding that the pair “sound like a good combination.”
The president highlighted his vice president’s performance in office, stating that their current partnership has been highly effective. “JD is perfect, that has been a perfect formula,” Trump told reporters later.
He further suggested that a Vance-Rubio pairing could represent a strong presidential and vice-presidential ticket, although he stopped short of offering any formal endorsement.
“I think it sounds like a presidential candidate and a vice-presidential candidate,” he said, while clarifying that his remarks should not be interpreted as an official backing of any future campaign.
So far, neither Vance nor Rubio has publicly confirmed any intention to run in the 2028 presidential election.
Rubio previously sought the Republican nomination in 2016 but withdrew after losing the primary race to Trump. Later, in a December 2025 interview with Vanity Fair, he said he would be among the first to support Vance if he decided to run for the White House.
Vance, meanwhile, has recently dismissed speculation of any political rivalry with Rubio amid growing discussion about potential future GOP leadership.
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