Argentina's economic activity fell by 8.4 per cent in March compared to the previous year, according to the country's official statistics agency, INDEC. This is the sixth consecutive monthly loss and the biggest reduction since 2020.

Argentina’s economic activity plummets 8.4 per cent in March, the steepest drop since 2020

Argentina's government on Tuesday said that it has reached a deal with three major creditors over the restructuring of a $66 billion debt, according to AFP. The government had given creditors time till August 4 to reach an agreement, although it had previously extended that several times.

Argentina reaches debt restructuring deal with creditors: Official

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Argentina’s economic activity plummets 8.4 per cent in March, the steepest drop since 2020

Argentina reaches debt restructuring deal with creditors: Official