By supporting Argentina, the U.S. government hopes to start a domino effect preventing ‘failed states’ across South America, says Bessent
PositiveFinancial Markets

Treasury Secretary Scott Bessent has praised Argentina under Javier Milei as a potential model for South America, emphasizing the importance of supporting the country to prevent the rise of failed states in the region. By providing swap lines instead of direct cash aid, the U.S. aims to foster stability and encourage positive change, which could have a ripple effect across neighboring nations. This strategic support highlights the U.S. commitment to promoting economic resilience in South America.
— Curated by the World Pulse Now AI Editorial System