Intro

Argentina’s President Javier Milei just got a much-needed boost from his ally, U.S. President Donald Trump. The White House has signaled plans for a $20 billion swap line to contribute to Argentina’s fragile reserves—a lifeline coming just as Milei faces market turmoil, political setbacks and a corruption scandal close to home. With midterm elections set for the end of the month, the big question is whether this support can keep Milei’s project on track—or whether he’s already peaked. Our guest, political risk consultant Juan Cruz Díaz of Cefeidas Group and AS/COA, joins us to break it all down.