US Treasury Secretary Scott Bessent stated on Thursday that america had purchased Argentinian pesos and finalised a $20 billion financial assist programme with the South American nation’s central financial institution, after concluding talks together with his counterpart. The assist comes as Argentina’s right-wing President Javier Milei, an in depth ally of US President Donald Trump, had been scuffling with market turbulence after a defeat in Buenos Aires provincial elections seen as a bellwether for upcoming midterms. France 24’s Sharon Gaffney speaks to Ignacio Labaqui, political analyst and professor of Latin American politics and worldwide relations at Universidad Católica Argentina.
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