President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
Category: Currency
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Trump Wades Into Bailout Politics in Offering a Lifeline to Argentina
A $20 billion loan to support Argentina’s president, Javier Milei, could come with economic and political risks.
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U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
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In Hong Kong, Eric Trump Lauds Growing Influence of Crypto
The president’s son, who helps run the Trump family’s business interests in digital currency, predicted that Bitcoin will someday exceed $1 million.
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As the Dollar Slides, the Euro Is Picking Up Speed
The euro has been gaining steam as investors seek new havens during geopolitical turmoil.
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Is the U.S. Riskier Than Emerging Markets?
While the U.S. stock market has rebounded, the combination of the Trump tariffs, a volatile dollar and an erratic bond market has begun to shake global investment thinking.
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Here’s How Congress Is Wading Into Crypto Regulation
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
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Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
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How to Find a Deal This Summer Amid a Weaker Dollar and Falling Airfares
How falling airfares and foreign exchange rates influence where to look for deals this summer.
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U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy.
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U.S. Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
European officials see the concern over the “safe haven” reputation of U.S. financial assets as a chance to attract investors.