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Mike Trout says he’ll likely not participate in home run derby

Mike Trout said Friday he is unlikely to participate in the All-Star home run derby in Philadelphia because of his strained right hamstring.

Trout expects to return from the injury in plenty of time to play in the July 14 All-Star Game, but it likely will prevent the Angels center fielder from joining the home run-hitting contest the night before.

“They asked me when we were in Sacramento [last weekend], but I probably won’t do it,” Trout said before the Angels’ game against the Athletics. “It would have been cool to do it, but the injury kind of threw things off.”

Trout, a three-time American League MVP and 11-time All-Star, has turned down numerous invitations to participate in the derby because he felt the high volume of maximum-effort swings the event requires would throw him off at the plate.

He always maintained that he would take part in the derby at least once before he retires, and this seemed to be the year to do it, with All-Star Game festivities in Citizens Bank Park about 45 miles north of his hometown of Millville, N.J.

Trout, who’s among American League leaders with 17 homers, fueled more speculation that he would participate in the derby last weekend when he told USA Today that he was “considering” it.

But Trout, placed on the 10-day injured list on June 18, had a change of heart over the last week.

“When it came out that the All-Star Game was in Philly, I thought it definitely would have been cool to do,” said Trout, who ranks second behind New York Yankees slugger Aaron Judge in All-Star voting for AL outfielders. “Then I hurt my leg, so I’m leaning toward not doing it.”

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IMF Won’t Participate in Venezuela Debt Restructuring

The IMF resumed Venezuela ties after a six-year freeze, focusing on data rather than debt relief.

After announcing its resumption of its dealings with Venezuela under acting president Delcy Rodriguez on April 14, the International Monetary Fund plans to take a wait-and-see approach to the Latin American country’s plans to restructure its reported $170 billion in external debt.

The IMF and World Bank halted deals with Venezuela in 2019, citing the government’s failure to provide mandatory economic data and disputing the legitimacy of President Nicolás Maduro’s administration. Venezuela’s reintegration into the global financial system is now underway. The U.S. is helping to facilitate the change following the removal of Maduro in January by U.S. forces, with Vice President Rodriguez as interim leader.

“Restoring fiscal and debt sustainability is obviously a very important priority for Venezuela, and we do stand ready to support the authorities in this very important step that they’re taking,” said Julie Kozack, an IMF spokesperson, during a press briefing. “Typically, when a country chooses to restructure its debt, the discussions are between the country’s authorities and their creditors. The Fund does not participate in those discussions.”

Resuming Business as Usual

The IMF has started regular discussions with the Ministry of Finance and the Banco Central de Venezuela.

“These discussions have focused mostly on the production and provision of economic data,” Kozack said. “Providing and producing this economic data is a requirement under our articles of agreement so that we can assess the macroeconomic developments and provide policy advice ultimately to Venezuela.”

Since the Latin American country resumed work with the IMF, it regained access to its special drawing rights, but the nation has not requested financing from the IMF, said Kozak. “Any financing would require a formal request from the authorities.”

Reaching Debt Sustainability

In the meantime, the Venezuelan government expects to release a macroeconomic framework and debt analysis to the international financial community in June, said the office of the Vice Presidency for Economy in a prepared statement.

“The current debt overhang constrains external financing, limits public investment capacity, and prevents full re-engagement with the international financial system,” wrote the statement’s authors. “It needs to be substantially reduced for Venezuela to engage in a virtuous circle.”

The government plans to normalize the government’s and state oil company PDVSA’s outstanding commercial debt to restore public debt sustainability.

Nic Wirtz contributed to this story

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