Awwww...! Ain't that sweet...!

in our last episode of the argentina debt swap telenovela, we were on the edge of our chairs with suspense...

the imf and g7 had been making threatening noises and argentina had been over in the corner, hissing and spitting... but, in true sweeps week fashion, we were left with a wee hint that things might just work out after all... then, what with the distraction of bolton, delay, "justice sunday," and frist, things got a little hectic and we lost touch... but, oh my, what a difference three days makes...!

Argentina's Merval rose for a third day in four, led by Banco Galicia SA, as comments by IMF Managing Director Rodrigo de Rato raised expectations that the country will get a short-term aid agreement with the lender.

[...]

De Rato yesterday praised Argentina for its economic recovery, raising optimism the IMF would be open to negotiating the rollover of some payments due this year. Clarin newspaper reported the IMF is open to negotiating short-term agreement.

[...]

De Rato told reporters yesterday that the ``Argentine society has made a tremendous effort to get out of a very critical situation.''

o-o-o-oh, rodrigo...! you smooth talker, you... ~swoon~

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