Trump Helped Argentina Face an Economic Meltdown. It Came At a Cost.
When President Javier Milei of Argentina faced an economic meltdown, President Trump vowed to come to his aid. But that lifeline is coming at a cost.
Economic Conditions and Trends
Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
Andrej Babis Likely to Return as Czech Prime Minister After Parliamentary Win
The party of Andrej Babis, a billionaire and a skeptic of military support to Ukraine, prevailed in parliamentary elections by focusing on the economy.
Ex-Prime Minister Set to Return to Power in Czech Republic
The party of Andrej Babis, a billionaire and a skeptic of military support to Ukraine, prevailed in parliamentary elections by focusing on the economy.
Russia’s Military Budget Shrinks as War Costs Hit Kremlin’s Economic Limits
The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition.
Iranians Brace for Economic Impact of New U.N. Sanctions
Already suffering a 40 percent inflation rate and critical shortages of power and water, many in Iran expect conditions to get worse.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
Trump Wades Into Bailout Politics in Offering a Lifeline to Argentina
A $20 billion loan to support Argentina’s president, Javier Milei, could come with economic and political risks.
Zelensky Warns of Dangerous New Arms Race Tied to Drones
The Ukrainian leader’s U.N. speech came just a day after President Trump suddenly said Ukraine could win the war with Russia, a change in stance so dramatic it left many Ukrainians wary.
Nepal Uprising Is Latest Challenge to India’s Backyard Diplomacy
The overthrow of Nepal’s government is the latest in a series of uprisings among India’s neighbors, creating a political churn that complicates its ties.