US EditionUS Treasury's support for Argentina gives peso, Milei friendly leg-up, for now
- Treasury Secretary Scott Bessent is negotiating an economic bailout for Javier Milei, the Argentine president, amidst political and economic pressures on his administration.
- The U.S. is prepared to offer various forms of financial support to stabilize Argentina amid its financial volatility, which includes a currency swap and purchasing debt.
- Following this announcement, Argentine markets saw gains, with a significant drop in country risk noted after the confirmation of the bailout.
- Milei expressed gratitude for the support from Secretary Bessent and President Trump, stating it is crucial for aiding the Argentine people.
278 Articles
278 Articles
Associated Press News
Trump says he doesn't think Argentina needs a bailout, but US will help
President Donald Trump has stopped short of promising a financial bailout for Argentina. He met Tuesday with Argentine President Javier Milei and Treasury Secretary Scott Bessent at the United Nations General Assembly in New York.
New York. U.S. President Donald Trump said Tuesday that he doesn’t think Argentina needs a “rescue,” meeting with his counterpart Javier Milei, who “is doing a fantastic job.” “We’re going to help them but I don’t think they need a rescue. He’s doing a fantastic job,” Trump said when he greeted Milei before journalists at the UN General Assembly in New York. “We’re talking about some specific figure I can’t say,” Economy Minister Luis Caputo tol…
The Killeen Daily Herald
'We're gonna help': Trump to the rescue of struggling Argentina
US President Donald Trump promised financial "help" for struggling Argentina in a meeting with close ally Javier Milei, who is seeking a US loan to calm markets ahead of crucial mid-terms elections.
'We're Gonna Help': Trump To The Rescue Of Struggling Argentina
US President Donald Trump promised financial "help" for struggling Argentina in a meeting with close ally Javier Milei, who is seeking a US loan to calm markets ahead of crucial mid-terms elections.
On Tuesday, US President Donald Trump gave his "full and total" support to the re-election of his Argentine counterpart, Javier Milei, in the elections scheduled for 2027. In addition, the Republican has printed a publication that he has shared on the platform of Truth Social, in support of his "very good friend", and he has given it to him at a bilateral meeting on the margins of the UN General Assembly in New York. "Argentina: Javier Milei is …
Coverage Details
Bias Distribution
- 49% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
