G20 issues Chair Summary highlighting global economic resilience amid risks
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Category: Economy
Canadian housing starts rise 14% in September -CMHC
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U.S. Treasury Pursues Additional $20 Billion Argentina Financing Package Through Private Sector Channels
The Trump administration is reportedly developing an additional $20 billion financing package for Argentina through private sector channels. This would complement the existing $20 billion credit swap line and focus more heavily on debt market support, according to Treasury officials.
Additional Financing Package Under Development
The Trump administration is working to provide Argentina with an additional $20 billion in financing through a combination of sovereign funds and private sector participation, according to reports from Treasury officials. This new facility would complement the $20 billion credit swap line that the U.S. Treasury previously pledged to Argentine President Javier Milei and his government earlier this month to support the South American nation’s struggling currency.
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