On October 9, 2025, U.S. President Donald Trump and Treasury Secretary Scott Bessent, authorized a 20 billion-dollar currency swap with the Central Bank of the Argentine Republic. Economic instability in Argentina has been a consistent issue for decades, and proponents hope that the currency swap will bring stability to the Argentine peso while increasing investors’ confidence. Some call this currency swap a “bailout” to the Argentine government, whose president, Javier Milei, is a close ally of Trump. Is this currency swap a sign of continued and growing American interference in Latin America?

AmericasDivya GummuluruDecember 11, 2025Argentina, Milei, Trump, macroeconomics, Scott Bessent, elections, government, debt, peso

Milei and His Money Mayhem: The Crypto Scandal in Argentina

Argentine President Milei posts to X supporting LIBRA, a new meme coin that had huge amounts of investment following the post and crashed just a few hours later. The implications of such an action might cause impacts as he works to achieve his campaign promises of economic reform for Argentina.

Democracy on Trial: Bolsonaro’s Indictment in a Global Context

Former Brazilian President Jair Bolsonaro was charged with leading a military insurrection by Brazil’s Supreme Court, adopting recommendations made in a federal police report from November. The plot included declaring a state of siege as well as a plan to assassinate President Luiz Inácio Lula da Silva as well as Supreme Court Judge Alexandre de Moraes.