Argentine President request early release of $50 million loan
Argentina’s President has requested an early release of a $50 million loan from the International Monetary Fund, amid the country’s growing economic crisis.
The country’s currency has fallen to an all time low as the Argentine peso has lost more than 40% of its value against the US dollar this year.
President Mauricio Macri said the move is designed to restore confidence in the Argentine economy. When the terms of the loan were agreed in May, President Macri said he expected the economy to recover and did not plan to use the money.
11am Zedlines
This is your 11am Zedlines with Paris and Erin
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10AM Zedlines - Wednesday, Aug 29
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Bees swarm hot dog stand in Times Square
If you don’t like bees you better buzz off now because thirty thousand bees have swarmed onto the umbrella of a hot dog stand in Times Square.
Police shut down the street and a beekeeper was called who vacuumed the bees into a bucket.
It is not known what attracted the bees to the umbrella.