In the last three days, so many events happened in Argentina that they seem like three months. A hastily arranged exchange rate regime disguised as a reduction in agricultural withholdings was put together. A messy meeting with Donald Trump in which the U.S. president took the opportunity to mock the Argentine delegation ("I don't think they need a bailout"). Argentina's new plea for alms –typical of a country with disabled leaders– caused an internal conflict in the U.S. with the "farmers," who are starting to lose patience with Trump. Treasury Secretary Scott Bessent, asking Argentina to re-impose export duties. And the agro-exporters recording a record volume of shipments free of withholdings before the rules of the game change again. A program like Cha Cha Cha –a classic of the absurd humor of the 90s– would be impossible to reproduce today because no scriptwriter could match the absurdity of reality itself. But after the comedy comes the drama. The first two days of the de ...
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