Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
Tag: Currency
Trump Helped Argentina Face an Economic Meltdown. It Came At a Cost.
When President Javier Milei of Argentina faced an economic meltdown, President Trump vowed to come to his aid. But that lifeline is coming at a cost.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
Venezuela Targets Economists as Inflation Surges Under Trump’s Sanctions
As inflation surges under President Trump’s renewed sanctions, Venezuelan authorities are trying to keep a lid on the country’s worsening financial situation.
Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
As Ramadan Nears, Syrians Feel the Pinch of a Cash Shortage
The Assad dictatorship is out, but Syria’s economy is in chaos after a civil war and recent policy shifts. The situation is putting a damper on a typically festive season.
A Strong Dollar Means Bargains for Americans Traveling Abroad
The dollar’s strength against the euro, the yen and other foreign currencies means bargains for U.S. travelers.