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With US backing, Argentina gains time - but October vote will be crucial
Yahoo Finance· 2025-09-26 14:42
By Libby George LONDON (Reuters) -Argentina's "whatever it takes" moment with the United States this week may have given the country its best chance to escape decades of chaotic debt defaults and bailouts, investors say. But everything hinges on October's nationwide election. Argentine assets soared after U.S. Treasury Secretary Scott Bessent said "all options" were on the table to stabilize the country and support President Javier Milei, an ideological ally whose chainsaw-style austerity drive has been ...
Argentina bonds, peso extend rally with eyes on US support details
Yahoo Finance· 2025-09-23 13:55
By Rodrigo Campos and Karin Strohecker NEW YORK/LONDON (Reuters) -Argentina's international bonds extended gains on Tuesday and the local peso firmed against the dollar after U.S. President Donald Trump spoke in support of his right-wing peer in Argentina, Javier Milei, and his economic program. The World Bank said it aims to deploy up to $4 billion in Argentina in the coming months to support the South American country's reform agenda. Argentine assets rose as Trump said the U.S. will help Milei's ec ...