US Launches $20 Billion Rescue for Argentina Amid Peso Crisis
TL;DR Summary
The US has purchased Argentine pesos and finalized a $20 billion financial rescue plan to stabilize Argentina's currency crisis, supporting President Milei's reform agenda amid domestic and international scrutiny, with some US political backlash over the support's implications.
- US kicks off controversial financial rescue plan for Argentina BBC
- Big Investors Await Windfall From Trump’s Argentina Bailout The New York Times
- Bessent says US purchased pesos and finalized framework for $20 billion lifeline for Argentina CNN
- Trump boosts Argentina's Milei with $20 billion lifeline as U.S. buys pesos CNBC
- The Argentine peso, and Javier Milei, are in trouble The Economist
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