On Wednesday, September 24, the US Treasury announced its decision to approve a $20 billion financing package for the Central Bank of Argentina.
This amount would be primarily used for the purchase of primary or secondary debt of the South American country.
The US Treasury stated: “The Treasury is…
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Fitch strips the US of its “AAA” rating
The credit rating agency Fitch Ratings has lowered the long-term debt solvency rating of the United States one notch, which now stands at 'AA+' from 'AAA' with a stable outlook, as a reflection of the expected fiscal deterioration over the…
Retirement plans in crypto represent a risk
US Treasury Secretary Janet Yellen explained that investing in cryptocurrencies is a “very risky option” to include in the retirement plans of average American savers, and it would be reasonable for Congress to face the danger.
“It is not…