News of bessent

Trump says ‘we’re gone’ if Milei loses vote, rattling market

Yesterday 22:17 Donald Trump suggests US$20-billion lifeline for Argentina could be contingent on Javier Milei’s success in midterm elections, sending fresh jitters through currency market.

US-ARGENTINA RELATIONS

Milei at White House: Trump says US help is dependent on win in midterms

Yesterday 15:21 Argentina's president makes long-desired visit to White House, but US President Trump says Washington's help is dependent on who wins elections.

POLITICS & ECONOMY

Great expectations as Milei jets to Washington for Trump meeting

13-10-2025 22:39 President Javier Milei travels to Washington to meet Donald Trump with markets anticipating announcements and progress towards a trade deal.

US-ARGENTINA RELATIONS

Milei heads to White House for political, economic lifeline

13-10-2025 17:17 Argentina's president is banking on a high-profile show of political and economic support from his US ally President Donald Trump ahead of key midterm elections.

US-ARGENTINA SUPPORT

Caputo says US willing to keep buying pesos

13-10-2025 15:07 United States “is willing to continue buying pesos and bonds, and all options are on the table,” says Economy Minister Luis Caputo.

POLITICS & ECONOMY

US lifeline buys Argentina time as investors urge overhaul

13-10-2025 14:58 US$20-billion lifeline will keep Javier Milei from being engulfed by a currency crisis in the run-up to key mid-term elections. The outlook after the vote is less clear.

GEOPOLITICAL ROW

China accuses US of bullying after Bessent’s Argentina comments

12-10-2025 09:05 Beijing's Embassy in Buenos Aires accuses Washington of Cold War-era intervention in Latin America after US Treasury Secretary Scott Bessent suggests President Milei is “committed to getting China out.”

US-ARGENTINA BAILOUT

Santander plays key role as US buys Argentine peso to back Milei

10-10-2025 13:48 When US Treasury Secretary Scott Bessent decided to buy Argentine pesos, it didn’t turn to a US bank.

US REACTION

Warren asks hedge fund group if it played Argentina bailout role

10-10-2025 13:44 Democratic US Senator Elizabeth Warren seeks information from hedge funds and asset managers over Washington's bailout of Argentina.

ANALYSIS

Bessent’s big gamble on Argentina has a narrow road to pay off

10-10-2025 10:01 For Scott Bessent’s US$20-billion bet on Argentina to pay off, a lot of things have to go right.

POLLING & SURVEYS

Trump lifeline does little to boost Milei with voters in Argentina

10-10-2025 09:47 Trump’s financial assistance for Argentina may be enough to shore up local markets, but it’s doing little to boost President Milei’s standing with voters.

WASHINGTON'S RESCUE PACKAGE

United States buys pesos, confirms US$20-billion lifeline for Milei

09-10-2025 18:26 Washington steps in to save Milei with direct purchase of pesos and a US$20-billion currency swap; US Treasury Secretary Scott Bessent ready to take “exceptional” measures to stabilise Argentina’s economy in the face of "acute illiquidity.”

INTERNATIONAL MONETARY FUND

IMF chief: Public support is crucial for Milei’s reform push

08-10-2025 18:07 With a US$20-billion swap with the United States reportedly under discussion, IMF reinforces that Milei government's reforms will falter without popular support.

US-ARGENTINA RELATIONS

Bessent hosts Caputo as Argentina-US rescue talks begin

06-10-2025 22:41 US Treasury official highlights “productive” talks as negotiations over fresh funds for Milei government continue; Argentina’s economy minister also meets IMF chief Kristalina Georgieva.

International Monetary Fund

IMF chief offers Argentina show of support

03-10-2025 23:02 Efforts to stabilise Milei’s government come before crucial October 26 midterm elections where nearly half the seats in Argentina’s Congress are on the ballot.

BONDS & MARKETS

Locals fuel Argentine bond swings as Bessent stokes chaos

03-10-2025 17:38 Volatility soared in the past few weeks as Argentina slipped back toward a currency crisis.

Geopolitics & finance

Bessent’s Argentina rescue pledge put to test by traders attacking peso

03-10-2025 16:58 US Treasury Secretary Scott Bessent’s record as a powerful pacifier of unruly markets is now being put to the test in Argentina.

US SUPPORT FOR MILEI

Bessent says United States ‘not putting money’ in Argentina, touts swap

02-10-2025 16:48 US Treasury Secretary Scott Bessent reiterated support for Argentina on Thursday, but later warned any aid wouldn’t involve outright US investment.

FOREIGN POLICY

US Treasury chief issues second message of support for Milei's Argentina

02-10-2025 12:03 US Treasury Secretary Scott Bessent says Washington is "fully prepared to do what is necessary" in support of Milei as he confirms Argentina is key to “maintaining a US strategic interest in the Western Hemisphere.”

WASHINGTON'S RESCUE PACKAGE

Bessent puts US money at risk in US$20-billion Argentina backstop

26-09-2025 11:02 US$20-billion lifeline for Argentina could carry risks for US taxpayers.

WASHINGTON CALLING

Bessent halts Argentina crisis as US lifeline upends short bets

25-09-2025 09:12 Speculators seeking to profit from the sell-offs racing through Argentina’s markets were stopped dead in their tracks by a powerful investor willing to take the opposite side of the trade: the US government.

INTERNATIONAL RELATIONS

US Treasury Secretary lauds Milei at midtown gala

25-09-2025 09:03 US Treasury secretary heaps praise on President, claiming he has “laid the foundation for a new golden age in Argentina.”

ECONOMIC LIFELIFE

US readies US$20-billion rescue to help Milei win in Argentina

24-09-2025 10:50 Washington plans US$20-billion currency swap with Argentina's Central Bank to boost Milei; US Treasury Secretary Scott Bessent says fresh aid a “bridge to the election,” referencing October midterms.

US-ARGENTINA RELATIONS

'We're gonna help': Trump says he will come to the rescue of struggling Argentina

24-09-2025 10:25 Markets reacted positively to Trump's show of support; US Treasury ready to "do what is needed" to help stabilise markets in Argentina

US-ARGENTINA RELATIONS

US to support Argentina with US$20-billion currency swap, bond purchases

24-09-2025 10:09 Treasury secretary says Washington in talks to support Argentina's Central Bank; Dollar-denominated bonds could also be purchased, with US investment likely to increase should next month's crucial midterms go Milei's way.

US-ARGENTINA RELATIONS

Trump backs Milei, downplays need for 'bailout' in Argentina

23-09-2025 15:10 White House official says a financial announcement on Argentina will be coming later Tuesday.

US-ARGENTINA SUPPORT

US senator questions Bessent on Argentina ‘bailout’ as Milei waits

23-09-2025 09:38 Democratic Senator Elizabeth Warren seeks more information about the Trump administration’s "bailout” of Argentina’s economy.

MARKET REACTION

Argentine assets soar as US support pledge halts market rout

22-09-2025 13:44 Bonds jumped by the most on record, stocks leaped eight percent and the currency was set for the biggest advance since May.

US-ARGENTINA RELATIONS

US Treasury Secretary Bessent says all options on table to help Milei’s Argentina

22-09-2025 13:40 Options include currency swap lines, direct currency repurchases and US dollar-denominated debt from the Treasury’s exchange stabilisation fund, says US Treasury Secretary Scott Bessent.

IMF LEADERSHIP

US plans to nominate Treasury’s Katz as IMF’s number two official

17-09-2025 13:56 Nigel Chalk also named director of IMF's Western Hemisphere Department, likely to lead Fund's work with Argentina, its biggest borrower.

FOREIGN POLICY

Milei burnishes his Trump ties by hosting health chief RFK Jr

28-05-2025 11:26 Health & Human Services chief Robert F. Kennedy Jr. becomes second US Cabinet official to visit Argentina in recent weeks.

BLOOMBERG REPORT

Loan to Trump-friendly Argentina went against IMF board concerns

25-04-2025 11:23 Argentina's new loan with the International Monetary Fund was granted despite raising red flags for many of the lender's top decision-markers.

FINANCING BOOST?

Bessent signals US willingness to offer Argentina a credit line

22-04-2025 14:34 US Treasury Secretary Scott Bessent says Trump administration would be willing to offer Argentina’s government a credit line if President Javier Milei’s economic turnaround was in jeopardy.

POLITICS & ECONOMY – ANALYSIS

Milei dreams of re-election – with IMF's help

19-04-2025 06:00 Whether signing an IMF deal represents a “day of liberation” or one of mourning, it lifts a cloud of uncertainty and allows the political ecosystem to focus on upcoming elections.

by Agustino Fontevecchia

Analysing Argentina

Milei and the bicycle temptation

19-04-2025 06:00 The Milei government is confident it can make it to the midterm elections in October without major volatility. But this relative calm — won by force of debt — should not obscure the storm that was brewing before the cash injection.

by Marcelo J. García

RELATIONS WITH WASHINGTON

US Treasury secretary makes flying visit – with no extra dollars

16-04-2025 14:52 Behind the scenes of US Treasury Secretary Scott Bessent’s visit to Argentina. Lunch with business leaders, Caputo and Milei meets, celebrations at the Economy Ministry and trade talks.

by Eugenia Muzio

DIPLOMATIC ROW

Chinese Embassy hits back after Bessent’s remarks in Argentina

15-04-2025 17:48 Beijing’s Embassy in Buenos Aires issues expressing “deep dissatisfaction and categorical rejection of the malicious slanders and libellous remarks” made by US Treasury Secretary Scott Bessent during visit to Buenos Aires.

US TREASURY SECRETARY

Bessent expects Argentina to be able to pay off China swap

14-04-2025 19:13 Scott Bessent hails Argentina as a free-market beacon in Latin America; US Treasury secretary said he expects Argentina to be able to pay off its swap line with China, but that US government isn’t considering providing any direct credit.

Foreign relations & diplomacy

US Treasury secretary offers 'full support' to Milei at Casa Rosada

14-04-2025 17:29 US Treasury Scott Bessent visits Buenos Aires for talks with Javier Milei, his economic team and private-sector representatives; Official tells President he wants Washington to be Argentina's "partner of choice".

POLITICS – ANALYSIS

Milei gains 'breathing room' from his ties with Trump

12-04-2025 11:54 The support President Milei has garnered from the Trump administration stands in stark contrast to the mounting challenges on the home front.

by Pablo Varela

US-ARGENTINA RELATIONS

US Treasury secretary offers 'full support' to Milei ahead of visit

10-04-2025 17:26 In a show of support for President Javier Milei's "bold economic reforms," US Treasury Secretary Scott Bessent will travel to Buenos Aires next week for meetings with government officials and business leaders.

CURRENCY SWAP

Argentina renews part of China swap ahead of Bessent visit

10-04-2025 17:13 Argentina renews a portion of its US$18-billion currency swap line with China; Activated part being extended for another 12 months amounts to US$5 billion.

GLOBAL TRADE WAR

Trump pauses tariffs for 90 days but hits China harder

09-04-2025 17:00 In the midst of Donald Trump's rising tariffs he has called for quite a radical shift within his global trade war, which will affect many countries.