Argentina asks IMF to release $50bn loan as crisis worsens

BBC News -------- Argentina's government has unexpectedly asked for the early release of a $50bn (£37.2bn) loan from the IMF amid a growing economic crisis. President Mauricio Macri said the move was designed to restore confidence in the Argentine economy. The Argentine peso has lost more than 40% of its value against the US dollar this year and inflation is rampant. To learn more click on the picture below to read the article.