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The Argentine treasury, strapped for cash, is lobbying hard in Washington for a new half-billion-dollar loan from the Inter-American Development Bank.
Argentina’s lousy debt-service record, as discussed in this space last week, is one reason not to turn over the money. A second, and perhaps greater, reason has to do with a Venezuelan-flagged plane parked on the tarmac at Buenos Aires’s Ezeiza International airport since June 8. The aircraft, whose Iranian operator is subject to U.S. sanctions, was allowed to land at Ezeiza by Argentine aviation authorities on June 6 with a crew of 14 Venezuelans and five Iranians, including at least one senior Tehran official.
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