In a surprising turn of events, Trump praises a significant win for Argentina's Milei, whose party's electoral success may stabilize the country's troubled economy. Discover how this impacts the US and global markets!
In a decisive move, the US Treasury has imposed new sanctions on Russia's largest oil companies, Rosneft and Lukoil, as part of efforts to pressure the Kremlin amid ongoing conflict in Ukraine. Secretary of the Treasury Scott Bessent calls for an immediate ceasefire and emphasizes the need for a peaceful resolution.
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 Treasury is negotiating a $20 billion financial support package for Argentina, impacting US soybean farmers as Argentina ramps up soybean exports to China. American farmers express frustration over lost market share and falling prices.
The U.S. Treasury’s potential intervention using the $219.5 billion Exchange Stabilization Fund has sent Argentina’s peso soaring. Experts weigh in on its implications for the country's economy and upcoming elections.
President Trump's unexpected firing of Federal Reserve Governor Lisa Cook raises alarm over the central bank's independence. Wall Street reacts positively ahead of Nvidia's earnings report, but the implications for monetary policy could be significant.
Indian Prime Minister Narendra Modi is set to visit China for the first time in seven years, signaling a potential thaw in India-China relations amid rising tensions with the US over oil purchases.
U.S. Treasury Secretary Scott Bessent warns that the Federal Reserve's independence is at risk due to 'mandate creep' and calls for a review of its recent renovation project amid budget concerns.
In a historic move, President Trump has signed the GENIUS Act, establishing a regulatory framework for stablecoins, potentially transforming how cryptocurrencies are used in everyday transactions. Supporters hail it as a major win for the crypto industry, while critics voice concerns over regulatory gaps.
Elon Musk's announcement of a new political party, the 'America Party,' has sparked a fierce debate with Trump and raised eyebrows among investors. What does this mean for Musk's business empire and the upcoming elections?
