US Treasury secretary Scott Bessent introduced the US is negotiating a $20bn foreign money swap line with Argentina’s central financial institution, reassuring traders that the nation wouldn’t default on its money owed or devalue its foreign money. The assist has halted a run on the peso that was hurting Milei forward of essential midterm elections.
#argentina #javiermilei #trump #argentinaeconomy #usa #shortsvideo #shortfeed #shorts #shortsviral #shortsyoutube #shortsvideos
Produced by Paolo Pascual.
► Enjoying FT content material? Get a day by day slice of the easiest FT journalism with FT Edit. Free for 30 days then simply £4.99 a month
See when you get the FT at no cost as a scholar (http://ft.com/schoolsarefree) or begin a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for extra tales: https://www.youtube.com/@FinancialTimes/community
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes
► Follow us on Instagram: https://www.tiktok.com/@financialtimes
