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US finalizes $20 bn economic lifeline for Argentina, buys pesos
US finalizes $20 bn economic lifeline for Argentina, buys pesos
by  AFP

US Treasury Secretary Scott Bessent said Thursday that Washington had bought Argentine pesos and finalized a $20 billion economic support program to help prop up the South American nation's faltering finances. "Additionally, we have finalized a $20 billion currency swap framework with Argentina's central bank."

EU woos developing nations at investment forum
EU woos developing nations at investment forum
by  AFP

European Union chief Ursula von der Leyen pitched the bloc as a dependable partner in a transactional world Thursday as she hosted about a dozen Global South leaders at an investment conference in Brussels. "Tariffs and trade barriers are back as a tool of geopolitics and geoeconomics," von der Leyen told the Global Gateway Forum, an implicit reference to US and Chinese policies.

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