Politics What does Trump's victory mean for Argentina?

[Uncle Wong]

But it's not an accident we have the world's reserve currency.

China is pushing to increase their share but not sure they will get anywhere. USD reigns supreme.

China’s Xi calls to make Renminbi “a powerful currency,” as Trump is ready to change Fed’s chair

China’s President Xi Jinping has called for the renminbi to achieve global reserve currency status, “a powerful currency” according to remarks published on Saturday in Qiushi, the Chinese Communist Party’s flagship ideology journal.

en.mercopress.com

 

[VINO]

Argentine President Javier Milei opened Congress’ 144th regular legislative session with an address focused on foreign policy, security and a broad reform agenda. He called for a “lasting strategic alliance” with the United States and said “it is time to turn this into a state policy,” while laying out a plan to send reforms to lawmakers in staggered packages.

Washington alignment and South Atlantic framing

On geopolitics, Milei argued the relationship with Washington should not hinge on personal understandings between leaders. “This is not only an agreement between President -Donald- Trump and President Milei. It has to do with cultural affinity and strategic objectives between two countries and across the region,” he said, projecting a “century of the Americas,” “from Alaska to Tierra del Fuego.”

He placed that alignment within a strategic reading of the South Atlantic. “The South Atlantic is the ground of strategic disputes in the coming decades: trade routes, natural resources, maritime sovereignty and a growing presence of actors who do not share our values,” he said, adding he would send initiatives “to strengthen coordination between security forces and intelligence.”

Milei also portrayed the US relationship as support that goes beyond economics. In the same speech, he said “the government of Donald Trump” had come “to help” Argentina, and argued the assistance also relates to the country’s international standing.

Milei urges US “strategic alliance” as “state policy,” outlines sweeping reform push in Congress speech

Argentine President Javier Milei opened Congress’ 144th regular legislative session with an address focused on foreign policy, security and a broad reform agenda. He called for a “lasting strategic alliance” with the United States and said “it is time to turn this into a state policy,” while...

en.mercopress.com