US EditionBessent Says US ‘Not Putting Money’ in Argentina, Touts Swaps
19 Articles
19 Articles
Bessent Says US ‘Not Putting Money’ in Argentina, Touts Swaps
US Treasury Secretary Scott Bessent reiterated support for Argentina’s Javier Milei on Thursday, but warned that the aid doesn’t involve outright US investment, pushing bonds between gains and losses in a roller-coaster morning session.
Treasury Secretary Scott Bessent said the support will be realized through a currency swap rather than a direct loan, cooling the expectations of Milei’s government. The weight falls and the country’s risk increases.
WASHINGTON.- In the midst of the latest financial turbulence, U.S. Treasury Secretary Scott Bessent confirmed that the Argentine economic team, commanded by Minister Luis Caputo, will travel to Washington to advance the negotiations for the financial support promised by the Donald Trump administration for the government. The influential US government official said that he maintained with Caputo a “very positive” dialogue, which follows “close” t…
Bessent says U.S. ‘not putting money’ in Argentina, touts swaps
U.S. Treasury Secretary Scott Bessent reiterated support for Argentina’s Javier Milei on Thursday, but warned that the aid doesn’t involve outright US investment, pushing bonds between gains and losses in a roller-coaster morning session. Bessent wrote on X early Thursday that the US would do…
New York, USA.- U.S. Treasury Secretary Scott Bessent reiterated his support for Argentine President Javier Milei, but warned that aid does not involve direct investment from the U.S., which led bonds to swing between ups and downs in a volatile morning session. In a post in X earlier this Thursday, Bessent said that the U.S. would "do whatever it takes" to help Argentina, which triggered a rebound of the bonds. Shortly afterwards he clarified i…
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