Faced with a negative outlook, the United States This gives good news to the government

President Mauricio Macri, who has good relations with US President Donald Trump, receives positive news from that country. This Wednesday, New York Judge Loretta Preska has decided not to advance in the lawsuit for the nationalization of YPF and is only in the hands of the United States Supreme Court, which is waiting for it. 39, White House lawyer's opinion about it. In addition, the number two of the IMF, the American David Lipton, announced Monday the approval of the change of intervention range before the rise of the dollar fixed by the Central Bank.

Judge Preska ruled that the Supreme Court of her country defined the case as Petersen Investors and Petersen Energía against Argentina. This case, initiated by the expropriation of YPF, could cost the country $ 3 million. The Burford Capital Fund filed suit, arguing that after the expropriation of 51% of the company's shares voted in Congress in 2012, Argentina and YPF should have made an offer of Purchase for the remaining 49%, in accordance with the statutes. . The investment fund acquired the rights of the Petersen Group, which had acquired 25% of the company during the first term of the government of Cristina Fernández de Kirchner. The Burford Fund had two favorable decisions at first instance, but Preska J. now decided to leave that decision to the Supreme Court.

Exactly, in the government, they celebrated yesterday (in part) because now a political leg goes into this candidacy. It is that the maximum US court awaits the non-binding opinion of the State Department and the Attorney General, both representatives of the White House, with whom Macri has good relations. The scenario preferred by the government would be that the Supreme Court decides to pursue the case in Argentina. And they think that the renewal of three members of the US Supreme Court, under the Trump administration, is hoping for a similar decision.

The other good news that Macri has received, after a week in which the dollar and country risk have risen, has been the approval by the IMF of the new policy of applied intervention forks by the Central Bank. At Casa Rosada, they celebrated with austerity: "I think that they understand that Argentina is unique and that they need to give us more space, that they can not apply the model program that they use ". It is David Lipton, deputy managing director of the Fund, who said that "the directors expressed their support for the framework underlying the confirmation agreement and for the implementation of these policies by the government. ".

The number two fund is generally American. The economists Stanley Fischer, Anne Krueger, John Lipsky and currently David Lipton, who has served in Bill Clinton's government at the Treasury Department, have succeeded each other since the 1990s. This official represents the interests of the United States, the only member with veto power in the IMF. Macri's good adjustment with Trump was fundamental for the White House to come forward and support Cambiemos since the launch of the Stand By Agreement program almost a year ago.

Finally, on April 22, Macri received representatives of the American Congress at Pink Thing. According to Chancellor Jorge Faurie, Democrats and Republicans have expressed the wish to continue to change their heads of government after October.