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Why Trump is bailing out Argentina for $20 billion
Description
President Trump met with President Javier Milei of Argentina at the White House to discuss the details of a $20 billion bailout for the financially ailing country. Bloomberg reports that the lifeline hinges on upcoming elections there. Buenos Aires–based journalist Natalie Alcoba joins to discuss the deal and Milei's waning support at home.
New tariffs on timber and furniture took effect this week. CNN’s Matt Egan breaks down how the industry is reacting and what it could all ultimately mean for consumers.
A California man who won a massive Powerball jackpot is using his winnings to buy burned real estate in fire-ravaged Altadena. The Wall Street Journal’s Rebecca Picciotto explains his plans for helping rebuild the community.
Plus, why tensions are rising days into the Israel-Hamas ceasefire, U.S. forces destroyed another boat off the Venezuelan coast, and how the world’s worst men’s soccer team might make the World Cup.
Today’s episode was hosted by Shumita Basu.