Resource Tycoon Reborn

Roncino was very tired. From early in the morning until now, he had been meeting one after another, as if there was no end. Except for going to the toilet and taking time to eat a few bites of food, he had been in meetings, which were completely meaningless.

It will work!

Under the current Argentine government, there is a volcano that may erupt at any time, and once it erupts, no one from the president to the cabinet members will be spared!

Lorencino still attaches great importance to his ministerial position. He hopes that this can become a new starting point for his political career. He hopes that he will have the opportunity to become the president of Argentina in his lifetime.

But now it seems that this is probably just an extravagant wish of mine. The Argentine economic crisis has shown some signs since the middle of the year. Now, no one can turn a blind eye anymore.

The credit of the government and domestic banks has dropped to its lowest point. The government's foreign debt has exceeded US$134 billion, of which US$97.4 billion is government debt and the rest is loans from international financial institutions. This

This figure accounts for 48.7% of Argentina's GDP last year! The country's foreign exchange reserves have also dropped from US$31.2 billion at the beginning of the year to US$14.57 billion now.

US dollars. Moreover, at the same time, the government's fiscal deficit remains high. So far, there is a deficit of nearly 9 billion U.S. dollars. It is estimated that the fiscal deficit will reach 10 billion U.S. dollars throughout the year!

Moreover, now in Argentina, because the loan interest rate has soared to 200% to 300%, such a high loan interest rate is no different from robbery. There is no doubt that no company can afford it, so in essence

, major commercial banks have stopped credit business, and domestic foreign exchange exchanges have basically stopped selling US dollars. "Rumors" about the Argentine government's debt payment difficulties and currency devaluation have spread, which has caused the deposits in the hands of banks to appear.

A lot of loss.

When the economic crisis first broke out in early July, in less than a month, deposits worth almost US$9 billion had been withdrawn by Argentines, accounting for almost 13% of Argentina's total private deposits. Since then,

In the past few months, bank deposits have continued to be withdrawn, and now the deposits of many domestic banks have reached a precarious stage.

If this situation is still not effectively curbed, Argentina's banking industry, which has already seen queues for withdrawals at the door, will face a comprehensive run crisis! And if these banks withdraw a large number of external loans, this will inevitably

Caused a large number of companies to close down!

Faced with the current predicament, some people in the Argentine government have proposed measures such as raising taxes, cutting wages and subsidies for employees in public institutions, freezing personal deposits, etc. to alleviate the current predicament, but they have all been suppressed by the president and his supporters - currently

The Argentinian citizens are just demonstrating to express their dissatisfaction with the government's inability to come up with reasonable and effective solutions. But once they do that, the demonstrations may turn into social riots and even develop into riots!

Lorencino firmly supports the President's rejection of these extreme measures. However, he also understands that if the government is unable to reach a loan agreement with various borrowing banks and the IMF, as the situation changes,

If the situation worsens, the President will have no choice at that time! If you don’t implement these extreme measures, you will definitely die, but if you implement these extreme measures, there may be a little bit, a little bit of hope. Although it is almost impossible, but

When people are in desperate situations, they are not willing to let go even if it is a straw.

Reaching a loan agreement with various borrowing banks and the IMF is not easy! Nowadays, the global economy has been affected by the financial crisis in Southeast Asia, the collapse of the Nasdaq Composite Index in the United States, and the June 28 terrorist attacks in the United States.

Obvious decline: Borrowing banks in various countries are either reluctant to lend or put forward more stringent conditions than the IMF. If the Argentine government dares to sign such a loan agreement, I am afraid that as soon as the news becomes public, the president and the main responsible persons will

The only way is to resign voluntarily.

As for the IMF, although its conditions are not as harsh as those of borrowing banks, in essence they are nothing more than a hundred steps and a hundred steps!

When he finally finished all the meetings, although in his opinion, today was a day of useless work-these meetings did not reach any agreement on changing the current situation of Argentine society. When he returned to the office, this

After learning that Rodriguez had called him, he remembered Bill's phone call.

"Minister, this is Rodriguez!" Rodriguez's excited voice came over the phone, "We may get a loan worth 1.5 billion US dollars!"

"What did you say?" Minister Lorencino immediately sat up straight, and all the fatigue in his body seemed to have disappeared. What does the Argentine government need now? Loans are definitely among the top three. What's more,

This is still a loan of US$1.5 billion! If we can really get a loan of US$1.5 billion, it will solve the urgent need of the Argentine government! It will buy precious time for the President to solve the problem!

"We will probably get a loan worth 1.5 billion US dollars!" Rodriguez repeated again. He could completely understand Minister Lorencino's mood at this time. Didn't he himself initially doubt whether he was an illusion?

Listened.

"What's going on? Tell me the truth immediately!" Minister Lorencino said, suppressing the excitement in his heart.

Rodriguez told Minister Lorencino the entire story of the matter.

"Don't leave, wait for my call!" Minister Lorencino hung up the phone after asking for details several more times.

Minister Lorencino sat on the office chair, pressed his hands on his chest, closed his eyes and meditated. He did not need to confirm anything to Bill. Although Bill did not mention Fang Mingyuan's identity, he emphatically said on the phone

I once mentioned, "You have to believe that whatever he says is what he can do!"

Everything he said was something he could do! At that time, Minister Lorencino was still a little dissatisfied, but now he believes it. The current chairman of Japan Saga0 Co., Ltd., president of Hong Kong Kumho Film Group, and Hong Kong Kwok

The president of a shipping group company and a well-known Hollywood screenwriter certainly has this confidence!