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Trump throws Argentina's Javier Milei a financial lifeline | FT #shorts
Financial Timesยท2025-09-25 15:54

Donald Trump is helping Argentina's libertarian leader Javier Malay navigate the worst crisis of his presidency. Argentine assets slumped in early September after Malay's party fared much worse than expected at a big local election in Buenosaris province. He then lost a series of congressional spending votes.Fearing that Malay might be losing support for his free market reforms, investors pulled money out of Argentina, causing a run on the peso and forcing the central bank to burn through scarce hard curren ...