The $40 billion Argentina bailout.

On Sunday, Argentinian President Javier Milei’s La Libertad Avanza (Freedom Advances) party won approximately 41% of the national vote in the country’s midterms, outperforming polling expectations and more than doubling its representation in the next congress. The result gives Milei additional legislative support to uphold presidential vetoes and block impeachment efforts. It also serves as a vote of confidence in his administration, which has prioritized spending cuts and other large-scale reforms. In the weeks before the election, the Trump administration also provided $40 billion in financial support to stabilize the country’s currency and markets.

Ad-free podcasts are here!

To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!

You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today’s “Have a nice day” story ⁠here⁠.

You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here.

Take the survey: What do you think about the Argentina bailout? Let us know.

Disagree? That's okay. My opinion is just one of many. Write in and let us know why, and we'll consider publishing your feedback.

Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.

This podcast was written by: Isaac Saul and edited and engineered by Dewey Thomas. Music for the podcast was produced by Diet 75.

Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Kendall White, Bailey Saul, and Audrey Moorehead.

Hosted on Acast. See acast.com/privacy for more information.