Officials in Washington explore how to encourage more countries to adopt greenback as their primary currency
Libertarian leader to wield fresh mandate to reform deeply uncompetitive economy
Staying the current monetary course implies more chaos, not less
Doubts return over future of Javier Milei’s controlled exchange rate policy
Investors bet that electoral endorsement will keep president’s market-friendly reforms on track
Firebrand economist must build alliances to push through structural change in Argentina, analysts say
After sky-high inflation, currency crises and failed reform plans, the country was never going to find a quick fix
Country’s dollar-denominated bonds surge after president wins endorsement for free-market reforms
Midterm vote may determine whether President Javier Milei can end currency crisis and continue free market reforms
The Argentinian savours the city’s flavours, fragrances and football
Treasury secretary Scott Bessent is taking a big gamble with his $20bn swap line to prop up a Trump ally
US president’s measures are intended to bring Putin to the table but also risk stoking oil prices
Or is this the end for Javier Milei’s experiment in “anarcho-capitalism”?
US support has helped calm markets, but Argentina’s president is politically weakened as his party faces midterm elections
Forward contracts indicate a 12% decline for currency despite $40bn US support package
The Treasury’s intervention holds risks for Washington
Size of US bailout and support for agricultural rival begin to rankle the president’s political allies
Washington’s $400mn of support fails to halt currency’s slide ahead of the Latin American country’s midterm elections
Propping up the peso is unlikely to lead to a sustainable improvement in the country’s economy
Facility builds on previously announced $20bn swap line as Washington seeks to boost libertarian ally Javier Milei
The US administration is backing an ally’s misguided exchange rate policy
US president suggests $20bn swap line is contingent on libertarian’s victory in midterm elections
President’s movement yields an unconventional group of candidates from TV stars and influencers to former left-leaning Peronists
As Javier Milei’s libertarian experiment founders, he is turning to Donald Trump for help
In the country’s far north-west, Stanley Stewart finds a lonely but spectacular land of volcanoes, salt pans and vast horizons