Milei's Party Secures Major Win in Argentina Midterms
Argentine President Javier Milei's party, La Libertad Avanza, has secured a major victory in midterm elections, increasing its seats in Congress.
#Javier Milei#Argentina#Politics
#Argentina
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US Banks Seek Collateral for Argentina's $20 Billion Bailout
US banks, including JPMorgan, Bank of America, and Goldman Sachs, are seeking collateral for a proposed $20 billion loan to Argentina, as the U.S. Treasury works to stabilize the country's debt.
#Argentina#US Banks#Bailout
US Confirms $40 Billion Financial Support Plan for Argentina
The U.S. Treasury has announced a $40 billion financial support package for Argentina, combining a currency swap line with a private-sector debt facility.
#Argentina#US Economy#Javier Milei
Argentina's Dollar Reserves Near Depletion Amid Peso Defense
Argentina's Treasury is rapidly running out of U.S. dollars, with traders estimating as little as $700 million remain as the government struggles to defend the peso.
#Argentina#Economic Policy#Currency Markets
Argentina Sells $678M in Largest Intervention Since 2019
Argentina's central bank sold $678 million in a single day, its largest intervention since 2019, to support the peso amid high dollar demand from investors.
#Argentina#Central Bank#Foreign Exchange