Argentina Peso Sinks to Record as Traders Brush Off US Aid

[RichardAlem]

https://www.bloomberg.com/news/articles/2025-10-21/bessent-confirms-economic-stabilization-deal-with-argentina

Argentina’s peso slumped to a record low while bonds sold off as pressure on President Javier Milei builds in the run-up to Sunday’s midterms despite repeated US intervention in the nation’s markets.

Archived version

It will be interesting to see how far (how much) the U.S. is willing to go to help Milei. At least it seems, currently, to be a close-ended pact; until late Sunday night.

 

[Ronnie Hotdogs]

YPF are claiming they will be exporting $30B USD of oil and gas by 2030. Wonder how much of that will be taxed?

 

[SlowWalker]

YPF are claiming they will be exporting $30B USD of oil and gas by 2030. Wonder how much of that will be taxed?

The recently RIGI approved copper mine also expects production starting in 2029 (therefore exports).

 

[Rich One]

The recently RIGI approved copper mine also expects production starting in 2029 (therefore exports).

The approved copper mine startup dates are clearly optimistic.