Argentina’s Milei backs Trump for US midterms, calls vote crucial for West

What happened: Argentine President Javier Milei urged US President Donald Trump to emerge stronger from the US midterm elections, calling the vote important for the West. He spoke at a Hispanic Heritage gala in Washington. Key numbers: November midterms; $20bn currency swap between the US Treasury and Argentina's central bank; Argentina's main stock index fell about 2 Why it matters: Trump's backing and the swap helped Milei in past polls, analysts argued. The package drew US criticism, with Democratic lawmakers accusing Trump of prioritizing a foreign bailout during a government shutdown.

Argentine President Javier Milei urged US President Donald Trump to emerge stronger from the US midterm elections, calling the vote important for the West. He spoke at a Hispanic Heritage gala in Washington.

Trump's backing and the swap helped Milei in past polls, analysts argued. The package drew US criticism, with Democratic lawmakers accusing Trump of prioritizing a foreign bailout during a government shutdown.