Argentina, Javier Milei and midterm election
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Two years after a stunning election victory, Argentina's libertarian president, Javier Milei, faces a tough legislative election on Sunday.Facing this "pro-Milei" bloc is the Peronist opposition, in power for 17 of the past 23 years.
Reassurance came last Thursday, when Bessent announced that the U.S. would allow Argentina to exchange up to $20 billion worth of pesos for an equal sum in dollars. Saying that the success of Milei’s program was “of systemic importance,” Bessent added that the U.S. Treasury directly purchased an unspecified amount of pesos.
NEW YORK (Reuters) -Argentine President Javier Milei will meet with JPMorgan Chase CEO Jamie Dimon in Buenos Aires this week, according to three sources familiar with the matter.
Arrests loom and evidence mounts as Argentina’s LIBRA investigation threatens to detain Milei advisors closely linked to the token launch.
The U.S. is betting $20 billion that with time and support, President Javier Milei can fix Argentina’s economy once and for all.
President Donald Trump has punished most U.S. trading partners with tariffs and threats, but he has lavished favours on Javier Milei's Argentina, including a $20 billion bailout of its currency. Why has Argentina succeeded in getting such favourable treatment where other countries have failed?
The president recently announced a $20 billion bailout to help Argentina and its libertarian president, Javier Milei, an early Trump ally.
Since the start of the year Argentina’s libertarian president, Javier Milei, has been dogged by allegations that his sister Karina, who is also his chief of staff, is corrupt. For a leader who made his name denouncing Argentina’s elite as crooks and parasites,