BCB President Galipolo says he is concerned that any potential limit on debt growth could lead agents to perceive that debt rollover is impossible, causing significant risk aversion
US Treasury Secretary Bessent says the US and China will initially identify USD 30bln of non-critical goods that can have reduced or have no tariffs under the Board of Trade protocol, Reuters reports
NATO is reportedly to consider Hormuz deployment if the Strait is not open by July, Bloomberg reports
BCB President Galipolo says he is concerned that any potential limit on debt growth could lead agents to perceive that debt rollover is impossible, causing significant risk aversion
US issues fresh Iran-related sanctions, according to the Treasury Department website (details light)
Iran’s Deputy Foreign minister says the US is presenting a threat as an opportunity for peace; reiterates Iran is prepared to confront any military aggression
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- This would tend to cause capital flight to another currency, with inflationary effects.
- It is important to preserve the payment of sovereign debt.
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