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Joseph Robinette Biden is an American politician who served as the 47th vice president of the United States from 2009 to 2017. He represented Delaware in the U.S. Senate from 1973 to 2009. A member of the Democratic Party, Biden is the presumptive Democratic nominee for the 2020 United States presidential election, running against incumbent Donald Trump. Biden unsuccessfully sought the Democratic nomination in 1988 and 2008.
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Argentina transgender Covid-19 President testing Argentina

BlackRock, on Argentina’s Debt Accord

To the Editor: “BlackRock Faces Test of Principles” (Business, Aug. 1) questioned whether our firm’s role in Argentina’s debt restructuring was consistent with our commitment to stakeholder capitalism.

The answer is a resounding yes. Argentina announced early Tuesday that it had reached agreement with its major creditors. The breakthrough in negotiations, led by BlackRock, will provide Argentina with $23 billion in upfront cash relief, virtually eliminating contractual payments during the next four years.

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