A sharp sell-off of the peso has seen President Javier Milei seek a financial lifeline from the United States. Washington seems happy to help out.
Articles on Argentine economy
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Argentina’s firebrand president – and his programme of austerity – face an even tougher electoral test in October.
Poverty levels in the country are now above 50% and yet president Javier Milei’s approval ratings remain stable.
A deep recession, a severe drought and a plunging currency have led to the biggest bailout in IMF history. The government hopes it can avoid the meltdowns that followed past crises.
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Associate Professor of Latin American Politics, Monmouth University
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Professor & Greenbaum/Ferguson/NJAR Endowed Chair in Real Estate Policy, Monmouth University
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Professor of Management and Co-director of the Centre for Latin American & Caribbean Studies, University of Essex
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Lecturer International Political Economy, University of Glasgow
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Research Fellow, Center for Latin American & Latino Studies, American University