Bessent Backs Argentina Fully as Milei Hunts Down More Dollars

The US Treasury Secretary, Scott Bessent, has pledged to provide "all options for stabilization" to the Argentine President, Javier Milei, as he works to prevent the country from falling back into crisis. This move has prompted a rebound in Argentina's assets. The article highlights the growing cooperation between the US and Argentina as the latter struggles to maintain economic stability. Milei, a prominent figure in Argentine politics, is actively seeking to secure more US dollars to help stabilize the country's financial situation. The article suggests that the US is willing to offer its full support to Argentina, potentially through a range of stabilization measures, in an effort to prevent further economic turmoil in the region. This development underscores the strategic importance of Argentina to the United States, as well as the ongoing challenges faced by the South American nation as it navigates its economic landscape.