Argentina Intervenes to Stabilize Peso Amid Economic Crisis

Argentina's government has intervened to stabilize the peso for the first time since its partial float in April, as the currency breaches trading limits amid a severe economic crisis under President Milei. This intervention reflects the urgent need to address inflation and currency instability, which are severely impacting daily life for Argentinians. The situation poses significant challenges to Milei's economic strategies and could lead to further financial instability.