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Wednesday, October 22, 2025

In a country where public transport is scant outside major cities, car loans are one of the last things that Americans will let themselves default on. So it is particularly shocking that the share of car loan borrowers missing payments on their debt has soared ... read more


The number of weapons bought by U.S. Immigration and Customs Enforcement has reportedly surged 700 percent under President Donald Trump -- and even includes chemical agents and warheads. read more


House Judiciary Chair Jim Jordan is asking the Justice Department to prosecute former CIA director John Brennan for allegedly lying to Congress more than two years ago. read more


Tuesday, October 21, 2025

Cattle farmers and agricultural groups are voicing opposition to President Donald Trump's plan to import Argentine beef in an effort to address record-high prices. read more


We learned last week that one of the most recent Trump administration strikes on an alleged drug-carrying submarine in the Caribbean failed to kill two of the people aboard. The situation has now cast a spotlight on the holes in the administration's justifications for the strikes ... read more


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Argentine peso weakens to fresh low despite US interventions

The Argentine peso has fallen below the level it reached before the US Treasury began purchases earlier this month, in a sign that the Trump administration's financial support is failing to halt the currency's slide ahead of a crucial election for libertarian president Javier Milei.

The peso dropped almost 1 per cent in early trading on Monday to 1,476 against the dollar, touching a fresh record intraday low, before paring its losses. The level is close to the bottom of an exchange rate band adopted in April.

The slide has resumed despite three purchases of pesos by the US Treasury since October 9 " which Argentine economists estimate total roughly $400mn, although neither government has confirmed the figure " as well as the announcement of a $20bn currency swap line between the two countries.

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