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Milei’s peso moves drive a black-market boom hitting Argentines hard
1:27
Bloomberg Television
Milei’s peso moves drive a black-market boom hitting Argentines hard
Black market goods are pouring into Argentina from Bolivia, fueled by President Milei’s efforts to keep a tight lid on the peso while nearby currencies slide. Patrick Gillespie explains why this could backfire for Milei and his party in the upcoming election. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Oct 21, 2025
Government Shutdown Enters Week 3 With No End in Sight
3:25
Bloomberg Television
Government Shutdown Enters Week 3 With No End in Sight
Henrietta Treyz, Managing Partner at Veda Partners, discusses the government shutdown and where voters are placing the blame as it enters its third week. A top economic adviser to President Donald Trump suggested that “stronger measures” could be in the offing if the government shutdown, now in its 20th day, doesn’t end this week. National Economic Council Director Kevin Hassett said on CNBC Monday that unless Democrats set aside their health-care demands and support a federal spending package “the White House is going to have to look very closely” at “stronger measures.” Hassett also suggested the shutdown might end this week after the “No Kings” protests over the weekend, predicting moderate Democrats would be more likely now to agree to fund the government. He didn’t offer any evidence that the impasse would end. Demonstrators across the US turned out for what organizers said would be more than 2,600 “No Kings” protests across the US to express their opposition to Trump’s agenda on Saturday. Trump has made no secret of interest in targeting cuts in Democratic-run cities as the shutdown goes on.  The US Army Corps of Engineers announced Friday it will pause $11 billion in infrastructure projects in states that voted for Democrat Kamala Harris in 2024.  “The Democrat shutdown has drained the Army Corps of Engineers’ ability to manage billions of dollars in projects,” White House budget director Russ Vought said in a social media post. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Oct 21, 2025