Politics8/25/2025•Bloomberg
Milei Team Tries to Stem Bribery Scandal as Bonds, Peso Sink
The article discusses a bribery scandal involving an ally of Argentine President Javier Milei, which has resulted in a decline in the country's dollar bonds and a liquidity crunch that has led to soaring interest rates. Milei's top officials are reportedly working to contain the fallout from the allegations, as the scandal is affecting the country's financial markets. The peso has also been affected by the situation, adding to the economic challenges facing Argentina. The article highlights the sensitive nature of the scandal and the efforts by the Milei administration to manage the situation and prevent further damage to the country's financial stability.
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