Milei Faces Challenge After Securing Trump’s $20B Deal

Milei Faces Challenge After Securing Trump’s $20B Deal

President Javier Milei celebrated a major diplomatic victory after securing a $20 billion investment package from former U.S. President Donald Trump. The deal, aimed at stabilizing Argentina’s economy, includes funding for energy, mining, and agricultural development. Yet as industries struggle and unemployment grows, Milei must now convince Argentine voters that his pro-market policies can deliver…

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U.S. Launches $20B Currency Swap, Buys Argentine Pesos to Stabilize Markets

U.S. Launches $20B Currency Swap, Buys Argentine Pesos to Stabilize Markets

The United States has purchased Argentine pesos and finalized a $20 billion currency swap agreement with Argentina’s central bank. Treasury Secretary Scott Bessent confirmed that the move came after several days of high-level negotiations with Argentine officials. The decision aims to restore confidence in Argentina’s financial system and support the peso, which had faced sharp…

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WTO: AI, U.S. Imports Drive Trade Growth

WTO: AI, U.S. Imports Drive Trade Growth

The World Trade Organization (WTO) has revised its forecast for 2025 global merchandise trade growth from 0.9 percent to 2.4 percent after a stronger-than-expected first half. The organization now anticipates a rebound in goods trade, overturning earlier predictions of a slowdown. The upgraded forecast highlights how AI-related products such as semiconductors, servers, and telecom equipment…

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