Oh and I am soooo interested in this topic because I wonder how local governments deal with US, EU economic agendas. It's fascinating how much intervention they have when they want resources, etc in other countries. Here's a good article about Argentina; they are a great country to review when it comes to devaluing currency and the IMF. https://www.bloomberg.com/news/articles/2020-05-14/here-s-what-you-need-to-know-about-argentina-s-debt-crisis-q-a