Benes confirmed that the United States has signed a $20 billion "economic stability agreement" with Argentina, aimed at assisting the Argentine central bank and supporting the peso exchange rate. This move is seen as helping Argentine President Milei, who is close to Trump, stabilize the economy before the crucial midterm elections. Benes stated on X platform that this funding is "a bridge to a better future, not a rescue plan," emphasizing that "the United States does not want another failed country in Latin America, and a stable and prosperous Argentina aligns with American strategic interests." After the announcement, the price of Argentine dollar bonds touched the day's high point. At the same time, Trump previously proposed allowing the import of Argentine beef to address the high U.S. beef prices, which triggered opposition from several Republican lawmakers. Senator Steve Daines strongly opposed this plan, while Senator Deb Fischer said on social media, "If the goal is to solve the problem of high supermarket beef prices, this is certainly not the way."
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International gold prices remain volatile at high levels
Original: www.toutiao.com/article/1846659460396043/
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