VOICED : Argentina cae en default y acelera la renegociación de su deuda

Argentina has defaulted on its debt for the second time this century, failing to pay $500 million in bond interest. The government is negotiating with creditors to restructure $66 billion in foreign debt. Economic challenges, including a 53% inflation rate in 2019 and rising poverty, have made debt repayment difficult. The COVID-19 pandemic has further strained the economy, requiring subsidies to support businesses and vulnerable populations. This marks Argentina's ninth default, with the last major default in 2001 leading to a severe economic crisis.

What was the amount Argentina failed to pay in bond interest, leading to its default?

• $1 billion

• $700 million

• $500 million

• $300 million

What is the new deadline for creditors to accept Argentina's bond swap proposal?

• August 1

• May 22

• June 2

• July 15

Which group highlighted the lack of substantial communication with the Argentine government?

• IMF

• OECD

• World Bank

• ADOC

What was Argentina's inflation rate in 2019?

• 45%

• 70%

• 53%

• 60%

How many times has Argentina defaulted on its debt in history?

• Five

• Seven

• Nine

• Eleven