US buys Argentinian pesos, finalises $20bn currency swap, says US Treasury

Al JazeeraThursday, October 9, 2025 at 10:21:03 PM
The US Treasury has finalized a significant $20 billion currency swap with Argentina, a move that underscores the strengthening economic ties between the two nations. This comes at a crucial time for Argentina's right-wing President Milei, who is gearing up for a critical midterm election this month. The currency swap not only provides Argentina with much-needed liquidity but also signals confidence in Milei's leadership, which could have positive implications for both countries' economies.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Israeli PM Netanyahu thanks Trump and US team for ceasefire role
PositiveWorld Affairs
Israeli Prime Minister Benjamin Netanyahu expressed gratitude towards former President Donald Trump and the U.S. team for their role in facilitating a ceasefire agreement. This development is significant as it marks the approval of the first phase of the agreement, which includes the exchange of captives and Israel's withdrawal, indicating a potential step towards stability in the region.
Nobel Peace Prize 2025 live: Trump shadow hovers as winner to be announced
NeutralWorld Affairs
The anticipation builds as the Nobel Peace Prize for 2025 is set to be announced at the Norwegian Nobel Institute in Oslo. Scheduled for 09:00 GMT, this prestigious award often reflects significant global issues and figures, and this year, the shadow of Donald Trump looms large over the proceedings. The announcement is not just a formality; it highlights the ongoing conversations around peace and diplomacy in a world that continues to face challenges.
Trump plays peacemaker as domestic struggles grow
NeutralWorld Affairs
In a surprising turn of events, Donald Trump has stepped into the role of peacemaker amid growing domestic struggles. This move comes as various factions within the country face increasing tensions, and Trump's involvement could signal a shift in his political strategy. It matters because it highlights the complexities of American politics and the potential for unexpected alliances during challenging times.
Israeli cabinet ratifies first phase of Trump's peace plan - as US to deploy 200 troops for Gaza task force
PositiveWorld Affairs
The Israeli cabinet has approved the first phase of President Trump's peace plan, marking a significant step towards resolving long-standing tensions in the region. This development is crucial as it comes alongside the announcement of the deployment of 200 US troops to support a task force in Gaza, indicating a commitment to stability and security. The collaboration between the US and Israel could pave the way for further negotiations and potentially lasting peace.
China’s Rare-Earth Escalation Threatens Trade Talks—and the Global Economy
NegativeWorld Affairs
Tensions are rising as President Trump considers a U.S. response to China's latest restrictions on rare-earth exports, which could jeopardize ongoing trade talks and have significant implications for the global economy. This situation is critical because rare-earth materials are essential for various industries, and any disruption could lead to increased costs and supply chain challenges worldwide.
Israel’s government approves hostage and ceasefire deal – as it happened
PositiveWorld Affairs
Israel's government has approved a significant hostage and ceasefire deal, bringing hope to families of those held captive in Gaza. This decision has sparked gatherings in Tel Aviv, where families expressed gratitude, particularly towards President Trump for his role in facilitating the agreement. This development is crucial as it not only aims to secure the safe return of hostages but also seeks to ease tensions in the region, highlighting the importance of diplomatic efforts in conflict resolution.
Trump-appointed judges signal willingness to let president deploy troops to states
NeutralWorld Affairs
A panel from the 9th Circuit Court of Appeals, which includes two judges appointed by former President Trump, recently heard arguments regarding Oregon's challenge to the deployment of soldiers to the state. This case is significant as it could set a precedent for how federal authority interacts with state governance, particularly in matters of troop deployment. The outcome may influence future decisions on similar issues across the country.
How Trump’s Upside-Down Diplomacy Delivered a Major Foreign-Policy Victory
PositiveWorld Affairs
President Trump's unconventional approach to diplomacy, where he declares victory before the details are finalized, is currently yielding positive results, particularly with the recent Israel-Hamas deal. This strategy has sparked discussions about the effectiveness of such tactics in international relations and could reshape future negotiations.
Both sides celebrate Trump’s Gaza plan
PositiveWorld Affairs
Both Israelis and Gazans are celebrating a new deal proposed by Trump that aims to end the ongoing conflict by securing the release of all Hamas hostages. This agreement brings hope for peace after two years of devastating war, highlighting the potential for a brighter future in the region. It's a significant moment that could reshape relations and bring much-needed relief to those affected.
‘Should throw them out of NATO’: Trump blasts Spain over defence spending
NegativeWorld Affairs
In a recent outburst, President Trump criticized Spain for not increasing its NATO defense spending, suggesting that the country should be expelled from the alliance. This ongoing feud highlights tensions within NATO regarding defense budgets and the expectations placed on member nations. Trump's remarks could strain diplomatic relations and raise concerns about the future of collective security in Europe.
The 11th-Hour Campaign to Land Trump a Nobel Peace Prize
PositiveWorld Affairs
There's an intriguing campaign underway to convince the Nobel committee to award Donald Trump a Nobel Peace Prize, potentially making him the fifth American president to receive this prestigious honor. This effort highlights the ongoing debate about Trump's impact on global peace and diplomacy, and whether his actions warrant such recognition. It raises questions about the criteria for the prize and the political implications of awarding it to a controversial figure.
Israel and Hamas agree to first phase of Trump’s peace plan
PositiveWorld Affairs
In a significant development, Israel and Hamas have reached an agreement as part of President Trump's peace plan aimed at ending the conflict in Gaza. This landmark deal is seen as a hopeful step towards stability in the region. Additionally, two senior U.S. officials have confirmed that 200 U.S. troops will be deployed to Israel to assist an international security force, highlighting America's commitment to supporting peace efforts. This agreement not only has the potential to change the dynamics in the Middle East but also reflects a broader strategy to foster cooperation and security.
Latest from World Affairs
Major Russian strikes cut power across Kyiv
NegativeWorld Affairs
Recent drone and missile strikes in Kyiv have led to widespread power outages and tragically resulted in the death of a seven-year-old in southeastern Ukraine. This incident highlights the ongoing conflict's devastating impact on civilians and infrastructure, raising concerns about safety and stability in the region.
William visibly moved as widow tells of husband's suicide
PositiveWorld Affairs
Prince William was visibly moved during a recent event where a widow shared her heartbreaking story about her husband's suicide. In response to the growing need for mental health support, his foundation is stepping up by donating £1 million to establish a suicide prevention network. This initiative is crucial as it aims to provide resources and support for those struggling with mental health issues, highlighting the importance of community and awareness in preventing such tragedies.
Australia news live: Allegra Spender and Sophie Scamps quit parliamentary sports club after Pocock ban; more police join Porepunkah manhunt
NegativeWorld Affairs
In a significant political shift, Australian MPs Allegra Spender and Sophie Scamps have resigned from a parliamentary sports club following a ban on David Pocock, highlighting growing concerns over the club's gambling affiliations. This move follows Monique Ryan's earlier resignation, indicating a broader discontent among lawmakers regarding the club's practices. The resignations matter as they reflect a push for accountability and ethical standards in Australian politics, especially in relation to gambling influences.
Peru lawmakers vote to oust president Dina Boluarte over crime crisis
NegativeWorld Affairs
In a significant political shift, Peru's Congress has voted to impeach President Dina Boluarte amid rising crime and public discontent. This decision comes after Boluarte declined to attend a crucial hearing, leading to a majority of lawmakers, including former supporters, pushing for her removal. The appointment of José Jerí as interim president marks a new chapter in Peru's governance, highlighting the urgent need for effective leadership to address the ongoing crime crisis that has plagued the nation.
‘Day of ballots and bullets’: Anglophone fears ahead of Cameroon’s election
NegativeWorld Affairs
As Cameroon prepares for its presidential election on Sunday, residents in the North West and South West regions are grappling with a troubling dilemma: the desire to participate in democracy versus the fear for their safety. The atmosphere is tense, with many Anglophones expressing concerns about potential violence and unrest, which could overshadow the electoral process. This situation highlights the broader challenges facing the country, where civic engagement is often met with trepidation, making this election a critical moment for both governance and community stability.
Zelensky intent on imposing ‘authoritarianism’ – Ukrainian MP
NegativeWorld Affairs
Ukrainian MP Oleg Sinyutka has raised concerns over President Zelensky's recent actions, which he believes are steering the country towards authoritarianism. The government's decision to centralize power and postpone local elections has sparked significant debate about the future of democracy in Ukraine. This situation is crucial as it could impact the political landscape and citizens' rights in the country.