the international debt markets for years and that could make everyday life even more difficult for arjun tines. or are joining me now is lisa chanel or an economists and analysts for the latin america region for standard and poor's lisa thank you for joining us $0.55 on the dollar that doesn't sound like a whole lot why have creditors accepted this deal. well it's really sort of want to think of the midpoint you've had a series of negotiations and then vishal offer 'd in april. and while it may seem low for creditors it seems high for the government there's been disagreement on if there is a debt solvency issue with the burden too high versus just a liquidity issue it's the payment flow. but bottom line is it's also the case that creditors have not been paid since april 22nd we have downgraded bonds to 12 in total since that time. what does this deal mean for normal argentines who may not understand the intricacies of these payments missed payments etc yeah and your piece highlighted the poverty issue the fact that the country's been in recession actually but this will be the 3rd year of

moment >> always great to have you on the show and to have you react in real time thank you to ar arjung from china >>> the u.s. lawmakers move closer to a deal on a massive new stimulus package more after the break hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions! touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. >>> welcome back to "street signs. hurricane isaias has been downgraded to a tropical storm gradually weakening and bringing strong winds along the east coast today. i home my family in boston has umbrellas ready. >>> new jersey governor tightens restrictions on indoor gatherings these events will be restricted to 25% roam capacity with a maximum of 25 people that is down from 100. >>> white house health advisor says states with infections should reconsider lockdowns adding that it is crucial this be contained before flu season he added there is a degree o

for example that growth low inflation will improve the lives of arjun times at least i know that argentina was already facing many problems before the pandemic but will should we expect to see more governments facing similar issues sovereign default issues because of the pandemic yeah i mean the pen demick exacerbated the growth hit in argentina but argentina was already in a path abhi getting with defaults last year the pandemic actually has pushed ecuador to a restructuring which actually advanced also this week the whole oil price hit in the coal that hit to ecuador and so i think it's certainly we take a number of rating actions it certainly put it in norfolk in stress and other sovereigns downgrade and some defaults are right lisa schneller with standard imports thank you very much thank you. and now to some of the other business stories making headlines around the world. jim farley will be the new c.e.o. of ford motor company effective october 1st jim packet is set to retire after 3 years at the will of the american auto maker the change up at ford comes as the company's looking to u

international debt markets and investors for years and that could make life even more difficult for every day arjun tines. let's go over to africa now where 10 years ago some of the biggest names in the chocolate industry fell to reduce child labor in the contents cocoa farming industry some 70 percent by 2020 they failed and child labor actually increase in the meantime. now the u.s. and e.u. are threatening regulatory measures pushing the industry to look for solutions. a village in southern ivory coast a special division of the police force is out looking for children working in the plantations instead of going to school. child labor is commonplace here and it doesn't take the police long to find someone. on the block we're taking the girl with us. and we're taking her mother too she can prove that her child should be in 2nd grade and that she went to school last year at least. embarrassed the mother tries to explain. why we simply haven't been able to afford the school fees this year. farming is no easy life 6 hours north we encounter a similar situation last year rafael was able to sell one to

the international debt markets for years and that could make everyday life even more difficult for arjun tines. and tried to cut me off the next few hours nice doing business with you i'll see you again very soon here on. women from 3 countries with one they're fighting for their rights and their children. in brazil against violence and. india for the right to play. in sudan with visible success on enjoying new freedoms. tolson the truth. any role and slowly moving to the limits of course the subconscious always a world without beethoven i can't begin to imagine. without it to start september 16th. welcome took global 3000. they're beaten degraded and killed by their partners for brazil's women their own home is often one of the most dangerous places there is. waiting for a winter climate change in russia's arctic poses huge challenges to the nimitz people and their herds of reindeer. but 1st we meet the courageous women of sudan.

of the other stories making news around the world this hour new zealand's prime minister just into arjun has delayed the country's election by 4 weeks because of the coronavirus pandemic will now be held on october the 19th after early success against covert 19 musial and is battling a 2nd outbreak last week its largest city was placed under lockdown. the 1st mediterranean cruise off to italy's coronavirus lockdown has sits crew and passengers on the embassy grandiose had to take a temperature checks and coronavirus tests before they left the general was a series of 19 it cost as excuse me on board ships has forced governments around the world to shutter the industry. and hundreds of people have rallied in madrid to protest the magic tree use of face masks and other restrictions to contain the pandemic the protest comes 2 days after the spanish government announced new measures including the closure of discos. well former u.s. intelligence contractor edward snowden has been living in exile in russia for the past 7 g.'s after leaking u.s. intelligence documents but now president donald tr

operation there for such actions of the plan itself aren't except a bill moscow based political scientist arjuntoure told us how he thinks will see could to end the crisis. in such case it's battle to i'm dissipate future demands of the opposition that dissipate crisis and to try to. set up some instruments for dialogue maybe like public dialogue roundtable discussion about the future of develop better research biology cannot development about social and political development and some how to incorporate. moderate opposition into political process try to maybe not sharing power but dry to allow them to participate in decision making at the local level of regional level that maybe at the national level so that they can express the ideas and interests of those who are intending to make sure their present well he doesn't want to maybe to our direct negotiations with the council because they are self-appointed people so all the legally they do not represent the present population so it's not clear who they are representing in this and this can include council but i think that he is very likely to ag

good is who knew some of us or not should be in the post by taco bell don't normally approach would arjun it will question it will crash and the illuminate on if you get. no start then i got a nice thought it queer news when it cut that. budget than i need then to full on nick at the last yograj. guys who were surveyed who have been there think assad the seat obvious not seeing it again that asio force unleashed just and he had a good enough but it was taught in hindi and to go to. that's why my piece only had a pretty negative face so negative the piece so to chin it was arc of cause can probably come of the national qualia poor pseudo pioli chito beausire knots. of perky thighs you a type what can you get a video to quit i thought your point that we detect where multi disciplinary most more of the nuts are now most of the crown most. oh yes to the rather some monkey. they're starting to tonopah me through a cherry danny some small town in. gaza and some years more quickly would. stop the stories. dogs are just. as obviously they know cannot be as a project is to no good in the community

got this who knew some of us or not should be in davos toy taco bell don't normally approach would arjun it will question it will crash and to illuminate on if you get. now stuck in i've got a nice thought it quite nice when it cut that. budget than i need then to phone nick at the last yograj. guys who were surveyed who have been to take assad to see obvious not. again that asio force unleashed just and he had a good enough but it was told to him down time to go to. that's why my piece only had a pretty negative fare so negative. piso to chin it was arc of cause can republicans of the national qualia poor who pioli chito beausire knots. have plenty to tells you a typo what can you get a video to quote i thought your point that we detect where multi disciplinary most more of the nuts are now most of the kook around most. oh yes to my age there are other some monkey. they're starting to tonopah me 3 cherry danny some small town in. gaza and some years most of ours require you to. stop the stories. dogs are just. as obviously they know cannot be usability it is just no good in the communit

the necessary and appropriate stringent health protocols and safety precautions in place and many arjun times are questioning the effectiveness of their coronavirus lockdown despite almost 5 months of restrictions argentina still has one of the world's highest rates of infection and the reports from the capital. it doesn't look much like a quarantine these residents of one osiris enjoying the glorious winter sunshine and escaping one of the world's longest lock downs since march their movements of him restricted of the essential businesses have remained open and schools have been closed it seems to be working but they're going to write an essay to it to avoid contagion and people can't sit on the grass at the benches they can enjoy the public spaces with a mask on and always respecting other people's distance. covered 19 infections are now surging more than $6000.00 new cases reported on friday alone in manhattan found the world is the truth is the only medicine we have is to limit as far as possible the circulation in the meeting of people. the president blames the setbacks on those wh

have been a few returning travelers who've been quarantined at the border prime minister just into arjun has been praised for leading the efforts but is warning people they must stay vigilant to avoid a 2nd wave while north korean leader kim jong un has ordered the distribution of aid to a border city that's now been under lockdown for a month food and medicine have been sent to k. song the city was sealed off after pyongyang said a defector had returned from the south showing coronavirus symptoms now north korea has never officially reported any $1000.00 cases and protesters in thailand say the arrest of 2 of their leaders will not stop the campaign to force the government out the pair were charged with sedition and breaking coronavirus rules before being released on bail and government demonstrations of grown as millions of thais struggle to make ends meet because of this pandemic when he has moved from bangkok . a prize bird is being groomed in the hope it can soon get back to work cockfighting is a tradition in thailand that dates back centuries and has grown into an industry worth h

42-136.republican map, in some state you have a one-seat margin and in some you have a three-seat arjunin north carolina -- three-seat margins. it all comes down to -- can republicans hold onto these chambers and make sure there is fair and accurate redistricting? if we get that, we have a shot of having power in washington for the next decade. if not, we will be locked out of state policy power and locked out of washington. >> you mentioned north carolina -- what other states do we need to pay attention to? georgia, new york, florida, minnesota, wisconsin, iowa, arizona. that is our focus right now. if republicans can win in those, not only is it important politically important, but we will be in great shape for redistricting. >> a lot of the state you mentioned are the critical battleground states for the presidential contest, for the senate races -- how does that impact the state legislative races, where strong campaign might bring $100,000. how do you compete and make a difference when you are the 17th or 18th race on the ballot? >> the national election certainly impacts this. ther