
-
Trump purges national security team after meeting conspiracist
-
More work for McIlroy even with two wins before Masters
-
Trump hopeful of 'great' PGA-LIV golf merger
-
No.1 Scheffler goes for third Masters crown in four years
-
Where Trump's tariffs could hurt Americans' wallets
-
Trump says 'very close to a deal' on TikTok
-
Trump tariffs on Mexico: the good, the bad, the unknown
-
Postecoglou denies taunting Spurs fans in Chelsea defeat
-
Oscar-winning Palestinian director speaks at UN on Israeli settlements
-
With tariff war, Trump also reshapes how US treats allies
-
Fernandez fires Chelsea into fourth as pressure mounts on Postecoglou
-
South Korea court to decide impeached president's fate
-
Penguin memes take flight after Trump tariffs remote island
-
E.T., no home: Original model of movie alien doesn't sell at auction
-
Italy's Brignone has surgery on broken leg with Winter Olympics looming
-
Trump defiant as tariffs send world markets into panic
-
City officials vote to repair roof on home of MLB Rays
-
Rockets forward Brooks gets one-game NBA ban for technicals
-
Pentagon watchdog to probe defense chief over Signal chat row
-
US tariffs could push up inflation, slow growth: Fed official
-
New Bruce Springsteen music set for June 27 release
-
Tom Cruise pays tribute to Val Kilmer
-
Mexico president welcomes being left off Trump's tariffs list
-
Zuckerberg repeats Trump visits in bid to settle antitrust case
-
US fencer disqualified for not facing transgender rival
-
'Everyone worried' by Trump tariffs in France's champagne region
-
Italy's Brignone suffers broken leg with Winter Olympics looming
-
Iyer blitz powers Kolkata to big IPL win over Hyderabad
-
Russian soprano Netrebko to return to London's Royal Opera House
-
French creche worker gets 25 years for killing baby with drain cleaner
-
UK avoids worst US tariffs post-Brexit, but no celebrations
-
Canada imposing 25% tariff on some US auto imports
-
Ruud wants 'fair share' of Grand Slam revenue for players
-
Lesotho, Africa's 'kingdom in the sky' jolted by Trump
-
Trump's trade math baffles economists
-
Gaza heritage and destruction on display in Paris
-
'Unprecedented crisis' in Africa healthcare: report
-
Pogacar gunning for blood and thunder in Tour of Flanders
-
Macron calls for suspension of investment in US until tariffs clarified
-
Wall St leads rout as world reels from Trump tariffs
-
Mullins gets perfect National boost with remarkable four-timer
-
Trump tariffs hammer global stocks, dollar and oil
-
Authors hold London protest against Meta for 'stealing' work to train AI
-
Tate Modern gifted 'extraordinary' work by US artist Joan Mitchell
-
Mexico president welcomes being left off Trump's new tariffs list
-
Tonali eager to lead Newcastle back into Champions League
-
Lesotho hardest hit as new US tariffs rattle Africa
-
Stellantis pausing some Canada, Mexico production over Trump auto tariffs
-
Rising odds asteroid that briefly threatened Earth will hit Moon
-
Italy reels from Brignone broken leg with Winter Olympics looming

IMF says 'understanding' reached with Argentina, more work needed
The IMF confirmed Friday it had reached a deal with Argentina on a massive loan repayment, though the Washington-based crisis lender stressed further approvals are needed before reaching a final agreement.
Argentina was due this year to pay back $19 billion of its $44-billion debt to the IMF, with a Friday deadline for a $700-million payment.
President Alberto Fernandez's center-left government has repeatedly said the repayment schedule was unsustainable given their lack of reserves, and was pushing to restructure the timetable.
"IMF staff and the Argentine authorities have reached an understanding on key policies as part of their ongoing discussions of an IMF-supported program," said a statement from Julie Kozack, deputy director of the IMF's Western Hemisphere Department, and Luis Cubeddu, mission chief for Argentina.
The IMF said it would continue to work with Argentina's officials "in the coming weeks towards reaching a Staff-Level Agreement. As is always the case, final agreement on a program arrangement would be subject to approval of the IMF's Executive Board."
On Twitter, IMF Managing Director Kristalina Georgieva said she was "encouraged by today's progress between IMF staff and Argentina's authorities on reaching an understanding on key policies."
Fernandez had earlier in the day announced the deal, which he called "reasonable" and said "does not include restrictions that would delay our development."
The International Monetary Fund statement said the agreed-upon "fiscal consolidation path" would "allow for spending increases on infrastructure and science and technology, and would protect targeted social programs."
The parties also agreed to "a strategy to reduce energy subsidies in a progressive manner," and that "additional financial support from Argentina's international partners would help bolster the country's external resilience" and growth.
Fernandez's liberal predecessor Mauricio Macri originally agreed to a $57-billion loan with the IMF in 2018, but when his successor took office a year later, Fernandez refused to accept the final $13-billion disbursement.
N.Walker--AT