US Pledges Economic Support to Argentina Amidst Market Turmoil
Amid significant financial turmoil, the US Treasury has pledged support to Argentina, aiming to stabilize its troubled economy. US Treasury Chief Bessent confirmed that all options are on the table to assist Argentina, which is currently facing a precarious financial situation under President Javier Milei. Following the announcement, Argentine markets experienced a notable surge, with stocks and the peso rallying in response to the potential lifeline from the US. This support comes as Milei prepares for crucial meetings with prominent figures, including President Trump and the IMF chief, to discuss strategies for managing the ongoing crisis.
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