#swap-line

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fromFortune
4 hours ago
US politics

By supporting Argentina, the U.S. government hopes to start a domino effect of preventing 'failed states' across South America, says Bessent | Fortune

The U.S. will support Argentina through a swap line but will not provide direct funding, praising Milei and aiming to stabilize the region.
fromFortune
21 hours ago
World news

Bessent says U.S. 'not putting money' in Argentina, touts swaps | Fortune

U.S. Treasury signals support for Argentina through a swap line, not direct cash injections, prompting volatile reactions in Argentine bonds and the peso.
fromFortune
4 hours ago
US politics

By supporting Argentina, the U.S. government hopes to start a domino effect of preventing 'failed states' across South America, says Bessent | Fortune

more#argentina
World news
fromFortune
2 days ago

Leaked texts on Scott Bessent's phone suggest the White House got played bailing out Argentina-and U.S. soybean farmers are the casualties | Fortune

U.S. financial support for Argentina coincided with Argentina lifting soybean export taxes and selling soy to China, lowering U.S. soybean prices and weakening U.S. leverage.
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