The United States has finalized a $20 billion financial support framework with Argentina, making good on President Donald Trump's pledge to help the struggling country, led by ally President Javier Milei, despite growing opposition to the move from both Democrats and Republicans.Treasury Secretary Scott Bessent announced the deal Thursday on X, saying it followed four days of "intensive meetings" in Washington, D.C., with Argentina's Minister of Economy Luis Caputo.The deal, which includes a $20 billion currency swap and the direct purchase of Argentine pesos, was completed with Argentina's central bank, said Bessent, adding that his department is prepared to "immediately" take all measures needed to stabilize the South American country's markets.
America first? Not exactly. Especially when we’re talking about a nation that happens to be one of the U.S.’s biggest allies and one that's backed by massive billionaire investment firms from around the world, not just America. Never mind that Argentina has declared bankruptcy several times in recent years (so the chances of recovering that $20 billion are slim to none), or that Treasury Secretary Scott Bessent once worked for billionaire, far-left political operative George Soros. So in the end, it’s the corporations that come out on top, regardless of which side of the political aisle you’re on.
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