US Treasury Argentina Lifeline: $20B Swap Calms Markets but Doubts Linger
The US Treasury Argentina lifeline has taken shape as Treasury Secretary Scott Bessent confirmed negotiations for a $20 billion credit-swap line to replenish the South American nation’s reserves. The announcement offered immediate relief to financial markets shaken by President Javier Milei’s party defeat in recent elections. Bessent praised Milei’s economic policies during a joint meeting […]