In a bold move to stabilize Argentina's economy, the US has purchased pesos and announced a $20bn financial rescue. This decision has sparked debate in the US, with critics questioning the timing amid domestic spending cuts.
The US dollar is facing unprecedented turmoil following Trump's controversial tariff announcement, leading to a dramatic sell-off in equities, bonds, and currency. Investors are questioning the dollar's status as the world's reserve currency, with fears of a looming recession growing.
