U.S. Plans $20 Billion Financial Support for Argentina's Economy

The U.S. is arranging a $20 billion private finance facility to support Argentina's struggling economy, as announced by Treasury Secretary Scott Bessent. This initiative aims to stabilize Argentina's financial situation and strengthen diplomatic ties, particularly benefiting President Javier Milei. The timing is crucial, coinciding with Argentina's midterm elections, and is expected to bolster investor confidence and provide relief to the Argentine populace.