October 31, 2025

US Treasury Secretary Scott Bessent

‘US behind China but will catch up’: Scott Bessent after Trump orders resumption of nuclear weapons testing; move follows Russia’s trials – The Times of India

‘US behind China but will catch up’: Scott Bessent after Trump orders resumption of nuclear weapons testing; move follows Russia’s trials – The Times of India

admin09 mins

US treasury secretary Scott Bessent on Thursday defended President Donald Trump’s decision to immediately resume nuclear weapons testing for the first time in 33 years, saying it was crucial to help America “certainly catch up” with China.“The US is lagging China in nuclear power development, but we can certainly catch up,” Bessent said during an…

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Argentina-US swap line talks: Washington proposes billion support; peso rises 2.4% ahead of elections – The Times of India

Argentina-US swap line talks: Washington proposes $20 billion support; peso rises 2.4% ahead of elections – The Times of India

admin03 mins

The US Treasury is in discussions with Argentina to provide a $20 billion swap line to the South American country’s central bank, Treasury Secretary Scott Bessent said Wednesday, as right-wing President Javier Milei seeks to stabilise markets ahead of upcoming midterm elections. Following the announcement, the Argentine peso gained 2.4 percent to 1,333.90 per dollar.“The…

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