This time, the crisis was set off by a corruption scandal involving Karina Milei, the president's sister and a prominent figure in his government, who is now accused of receiving kickbacks, and earlier this year was allegedly involved in a cryptocurrency bribery scandal. The allegations helped spook investors.
Luckily for Milei, he has forged a friendship with the Trump administration, which admires his open hostility to government spending and regulation.
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