The government issued a Treasury bill for $631,6 million paying 5 percent and set to expire on March 23, 2011, the Official Gazette reported.
Deputy Economy Minister Axel Kicillof was the key speaker in the 2013 Budget bill debate taking place in a special committe session in the Senate today. The bill was recently approved by lawmakers in the Lower House of Congress.
Argentina’s monthly tax revenue reached a record 65.68 billion pesos in January, rising 24 percent from the same month last year in line with expectations, the national government said.
President Barack Obama will deliver his annual state of the union speech to Congress on February 12, just days before the Treasury could run out of funds to pay government bills.
US Federal Reserve Chairman Ben Bernanke urged US lawmakers to lift the country's borrowing limit to avoid a potentially disastrous debt default, warning that the economy was still at risk from political gridlock over the deficit.
The Treasury Department plans to designate Iran as an area of "primary money laundering concern" today, a US official said, a move allowing it to take steps to further isolate the Iranian financial sector.
The US economy is growing at 2-3 percent but still faces big challenges to repair damage wrought by the financial crisis, Treasury Secretary Timothy Geithner said.
The US Treasury today warned Syria that more than 55 countries would seek to impose "maximum financial pressure" on President Bashar al-Assad's government in an effort to stop his regime's violence against Syrian people.
In an interview with ABC News aired today, US Treasury Secretary Timothy Geithner said he is not sure whether the bitterly fought debt agreement to be considered by the US Senate will avoid a downgrade of the U.S. top-tier credit rating.
Treasury Secretary Timothy Geithner today called on global finance chiefs to boost growth, but said a repeat of the massive coordinated fiscal stimulus efforts of 2009 was no longer possible.
US Treasury Secretary Timothy Geithner said that the European debt crisis and the political divisions in the United States were the biggest threats to the global economy.
Iran accused Washington of engaging in "psychological warfare" after the US Treasury added an Iranian state bank to its list of blacklisted companies, semi-official news agency ISNA reported.
Treasury Secretary Timothy Geithner said France's Christine Lagarde and Mexico's Agustin Carstens are both "credible" candidates to lead the International Monetary Fund, but he wants the candidate who can earn the broadest support.
In an annual review of US economic conditions, the IMF said the key challenge the country faces is finding a way to stabilize its debts by mid-decade without derailing growth, which is likely to remain modest for some time.