Argentina's $20B Lifeline: Swap or Bailout?
Update: 2025-10-09
Description
Is it a lifeline or a bailout? The U.S. Treasury just made a bold move, directly buying Argentine pesos in a $20 billion currency swap deal. Critics are blasting the agreement as a political favor to Argentina's President Milei amidst economic turmoil and IMF debt, while supporters hail it as a sign of hope. Get the inside story on this controversial deal and what it means for both nations.
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