Milei, Argentina
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Argentina's economic activity growth likely slowed for a second consecutive month in August, a Reuters poll of analysts showed on Tuesday. According to the median forecast from 15 analysts, activity expanded 2.
The Trump administration authorized a $20 billion financial lifeline for Argentina as it faces an economic crisis. The deal has raised major questions and criticism about its merits. President Trump also said it’s contingent on Argentine President Milei’s party winning elections later this month.
Argentina's right-wing President Javier Milei declares himself "king of a lost world" after midterms victory aided by massive bailout by the Trump administration.
Analysts said the stronger-than-expected showing could reflect fear of renewed economic turmoil if the country abandoned Milei's policies.
Argentine President Javier Milei's party scored huge wins in the midterm legislative elections, as voters backed the leader's overhaul of the economy through austerity measures and free market reforms.
President Trump has offered support to ally Javier Milei as he grapples with Argentina's current economic challenges.
Treasury Secretary Scott Bessent said on Tuesday that the U.S. has signed its $20 billion “economic stabilization” agreement with Argentina to prop up the South American nation’s crumbling
Two years into office, Argentina's President Milei faces a faltering economy, corruption scandals, and sinking popularity.
With widespread validation in congressional elections for the libertarian president's austerity measures, Argentina gets American support to