U.S. Warns Argentina That IMF Deal Threatened by Leftist Allies

(Bloomberg) — The U.S. is warning Argentine President Alberto Fernandez that his early foreign policy moves may jeopardize both support from the International Monetary Fund and American investment in the nation’s vast shale oil and gas fields.A senior Trump administration official said that sheltering former Bolivian President Evo Morales and engaging with Nicolas Maduro’s regime in Venezuela crossed a red line and could cost Argentina backing for new IMF funding and investment in the Vaca Muerta shale fields. The official, who spoke on the condition of anonymity to discuss private talks, said while many of Fernandez’s advisers are pragmatic and …read more

Source:: Yahoo Finance

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