China’s influence in Latin America may be significantly tested by the US revival of the Monroe Doctrine, as Washington’s attack on Venezuela is set to have a chilling effect on the region’s engagement with Beijing, analysts warn. In a surprise precision operation on Saturday, the US military struck Venezuela, captured its leader Nicolas Maduro and…
Former president Mauricio Macri warned on Friday that Argentina could weaken its export base if it distances itself from China, sharpening his public split with President Javier Milei. “China is more complementary than the United States for Argentina. I do not think it is good to interrupt that process,” he said. A long-time Milei ally,…
As his coziness with dictators around the globe suggests, Trump likes and admires fellow autocrats, from Orbán to Netanyahu to Putin. But not just any autocrats. In Argentina, Javier Milei, with his pro-Trump sycophancy, his MAGA imitation, and his war on the poor, is Trump’s kind of despot. Not so Venezuela’s Nicolás Maduro. Trump, with…
Argentina’s libertarian President Javier Milei won decisive victories in midterm elections Sunday, clinching a crucial vote of confidence that strengthens his ability to carry out his radical free-market experiment — with billions of dollars in backing from the Trump administration. In the election widely seen as a referendum on self-described “anarcho-capitalist” Milei’s past two years…
SANTA CRUZ DO RIO PARDO, Brazil (AP) — Brazilian farmer Andrey Rodrigues wasn’t planning to beef up soybean production for next year’s harvest until a couple of months ago, but now he’s extra hopeful. What has him and his fellow Brazilian farmers planting more soybeans is the trade war between the Trump administration and China…
A meeting between President Donald Trump and Argentina’s Javier Milei comes amid a deepening financial crisis in Washington’s South American ally which is receiving a multi-billion-dollar bailout. Tuesday’s meeting follows the U.S. Treasury agreeing a $20 billion currency swap with Argentina’s central bank to stabilize the economy, stop a market collapse and support Milei’s libertarian…
(Bloomberg) — China accused the US of Cold War-era intervention in Latin America after Treasury Secretary Scott Bessent suggested Argentina’s president was “committed to getting China out.” Bessent made his comments on Fox News on Thursday as the US offers a $20 billion US financial lifeline to Argentina and President Javier Milei prepares to visit…
Argentina’s soybean export orders surged to a seven-year high this month as Chinese importers bought millions of tonnes of the staple crop during a brief suspension of export taxes, securing more than half of their near-term needs from South America. The rush of orders has rattled the Trump administration, where divisions are deepening over Argentine…
The romance that investors had with Argentina since Javier Milei’s victory in November 2023 is going through its worst slump. The Merval index, which groups more than 20 major companies in the country, has declined around 30% so far this year, making the local stock market the worst-performing in the world during the first eight…
As US destroyers closed in on Venezuela’s coast on Thursday, China condemned Washington’s military build-up and warned against foreign interference, backing Nicolas Maduro in a showdown that is drawing in powers far beyond the Caribbean. Foreign Ministry spokesperson Mao Ning said that China opposed “any move that violates the purposes and principles of the UN…