Source: The Telegraph [UK]
“America stands ready to bail out Javier Milei’s Argentina, the White House has said. Following a bout of severe market volatility in Argentina, Scott Bessent, the US treasury secretary, said ‘all options are on the table’ to support the country. The offer of an economic lifeline comes after Mr Milei, the Argentine president and ally of Donald Trump, has spent $1.1bn (£820m) of the country’s $20bn reserves to prop up the peso. Mr Bessent and the US president will meet Mr Milei in New York on Tuesday as they seek to ease fears over the plunging peso and prevent Argentina from tipping into a debt-repayment meltdown.” (09/22/25)