Emerging-market money managers are focusing their attention on Latin America for their next significant trade, as a series of forthcoming elections may reshape the political landscape of the region, possibly bringing several countries into closer alignment with Donald Trump. The resurgence of interest follows Argentina’s substantial rally in the wake of President Javier Milei’s victory … Read more
President Javier Milei is organizing another visit to the United States to engage in the draw for the 2026 World Cup alongside his American counterpart, Donald Trump. The draw for the World Cup, the foremost tournament in international football, is scheduled for December 5 at 2pm, to be held at the concert hall of the … Read more
On Thursday afternoon, the United States and the Argentine government unveiled the framework of their trade agreement. The joint statement indicates that both nations will “open their markets to each other on key products.” The document, entitled “Framework for a United States-Argentina agreement on reciprocal trade and investment,” enumerated the 11 critical sectors that will … Read more
Argentina’s Ambassador to the United States, Alec Oxenford, stated on Monday that a trade agreement between the two nations “is practically finalized” and that the announcement is imminent. The diplomat indicated that the negotiations involving Presidents Javier Milei and Donald Trump are supported by the US Treasury. “There will be news very soon,” he stated. … Read more
Javier Milei is set to return to the United States this week to participate in a global summit in Miami, where he will be among notable attendees such as national football team captain Lionel Messi and US President Donald Trump. This marks the 14th visit to the United States for the President since assuming office … Read more
US Secretary of the Treasury Scott Bessent is preparing for a second visit to Argentina, as stated by President Javier Milei. Bessent, commending Milei’s “monumental midterm election victory” from the previous weekend. Furthermore, he urged for a robust and “enthusiastic” reaction from the markets to support Washington’s ally in the south. Milei, a firm advocate … Read more
The US Embassy in Argentina has formally declared the arrival of its new ambassador, Peter Lamelas, who arrived in Buenos Aires on Friday. “Welcome to Argentina!” Ambassador Peter Lamelas has arrived in Buenos Aires today and is set to present his credentials, marking the commencement of his duties at a pivotal juncture in the bilateral … Read more
The United States realized a gain from the acquisition of Argentine pesos. Banks having engaged in discussions with the US Treasury throughout October regarding a strategy to secure billions for Javier Milei, have not made progress this week. Scott Bessent conveyed a clear message to Argentine investors: Now it’s your turn. With Bessent’s mission accomplished … Read more
As President Donald Trump stated, the United States generated “a lot of money” through its bailout of Argentina. Despite the rally in that country’s markets following President Javier Milei’s unexpectedly significant win in the recent legislative elections, the situation appeared rather subdued. By the end of trading on Monday, it was estimated that the US … Read more
The Argentine peso ended a five-day decline as major financial institutions engaged in the local currency market, coinciding with efforts by the United States government to support its ally Javier Milei in anticipation of an important vote this weekend. Both JPMorgan Chase & Co and Citigroup Inc were engaged in Argentina’s spot market on Wednesday, … Read more