Brazil halted talks with private bankers on...
- Share via
Brazil halted talks with private bankers on restructuring its $121-billion foreign debt because of what it called misunderstandings over the International Monetary Fund’s role and a clause regarding seizure of Brazilian assets. However, Brazilian officials said there was no impasse in the talks and negotiations were expected to continue later. Brazil’s two main negotiators returned from New York, where talks were nearly finished with a committee of 14 banks representing Brazil’s 700 creditors.
More From the Los Angeles Times
Podcasts
Filmmaker Ondi Timoner was overseas shooting a documentary when the Eaton Fire destroyed her home of 14 years, and wiped her entire neighborhood away.
Wild theories, enduring myths and a long-overlooked suspect.
Not for want of trying – cleaner power has created lots of engine experiments, most dramatically Caltech versus MIT in the great electric car race of 1968, a story you’ll hear from the winner.
