26-09-2018 22:47 via feedproxy.google.com

The IMF is scaling up its record-setting bailout for Argentina as its economic crisis deepens

The International Monetary Fund revised a standby agreement with Argentina.
Buenos Aires will now receive a $57 billion credit line, expanding the largest in IMF history.
But things may get worse before they get better — economists see the economy falling into a recession this year.
Expanding what was already the largest bailout in its history, the International Monetary Fund said it will raise Argentina's $50 billion credit line to $57 billion in an attempt to stem a crisis that has roile
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