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US taps IMF reserves for first time in 40+ years to… rescue Argentina?
For the first time in over 40 years, Washington withdrew nearly $900 million from its IMF holdings just as Argentina faced a critical debt payment. Behind the scenes, Treasury officials insisted the move was routine accounting, not a bailout. However, the move underscores how politics and finance collide, with the US likely quietly stabilizing Buenos Aires while exposing the fragility of its IMF program.
Julia Kassem
Robert Inlakesh
David Miller
Leila Nezirevic