Argentina in talks with IMF for $30 billion credit line

Argentina is in a bit of a pickle at the moment

There's a run ongoing on the Argentine currency and its USD 10-year bonds are now yielding 7.5% compared to 5.6% in November.

The reason why this is incredible is that the IMF is deeply unpopular in Argentina. They basically ran the country in the 1990s and it ended in a complete collapse in 2001 and a severe economic crisis.