Milei’s Strong Start Has Proved Skeptics Wrong
3 days ago

Milei’s Strong Start Has Proved Skeptics Wrong

Live Mint  

-- Javier Milei’s first year as president of Argentina has confounded his critics. Argentina’s economy still has plenty of problems, but there’s no denying Milei’s first reforms have been both bold and surprisingly successful. Although Milei’s program initially deepened a recession, output has since recovered to its pre-December 2023 level. Milei’s biggest challenge will be to manage Argentina’s intended transition to a dollarized economy. Many in the US see Milei as Argentina’s Donald Trump — and to be sure, they’ve declared their mutual admiration.

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History of this topic

Inflation down, poverty up as Milei takes chainsaw to Argentina’s economy
1 week, 5 days ago

Inflation down, poverty up as Milei takes chainsaw to Argentina’s economy

Al Jazeera  

Buenos Aires, Argentina – Late last month, Argentinian President Javier Milei uploaded a characteristically odd photo on social media. “Being in a really weak position with no support in Congress… I think that’s been his main achievement.” But Milei’s economic achievements in his first year are not necessarily indicative of future growth. “In other words, the government can’t decide when …

Milei’s Success in Argentina Isn’t Threatened by $7 Big Macs
3 weeks, 2 days ago

Milei’s Success in Argentina Isn’t Threatened by $7 Big Macs

Live Mint  

-- Order a Big Mac in Buenos Aires and you’ll have to pay about $7 — among the world’s most expensive price-tags for the popular burger. It’s a consequence of Javier Milei’s “shock therapy” plan, which in his first year as Argentina’s president led to a sharp slowdown in inflation and a quick appreciation of the real exchange rate Thanks …

Argentina exits recession in win for libertarian president Milei
3 weeks, 4 days ago

Argentina exits recession in win for libertarian president Milei

CNN  

London CNN — Argentina has come out of a deep recession in a major victory for the country’s unorthodox President Javier Milei, who has spent the past year enacting sweeping — and painful — reforms in Latin America’s third-largest economy. Argentina’s flagship Merval stock index, which tracks around two dozen of the country’s most valuable listed companies, closed more than …

Argentina's Milei touts U.S. trade deal, says 'happy times' ahead
1 month ago

Argentina's Milei touts U.S. trade deal, says 'happy times' ahead

Raw Story  

Argentine President Javier Milei promised Tuesday that inflation will soon be "little more than a bad memory" and vowed to pursue a free trade deal with the United States next year. "Happy times are coming in Argentina," Milei said in a televised speech, in which he celebrated progress on monthly inflation which has dropped under his cost-slashing agenda, even as …

Argentina’s Milei marks one year in office. Here’s how his shock measures are reshaping the economy
1 month ago

Argentina’s Milei marks one year in office. Here’s how his shock measures are reshaping the economy

Associated Press  

BUENOS AIRES, Argentina — When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases on an almost daily basis. Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print Inflation: a priority Inflation, Argentina’s perpetual scourge and Milei’s top priority upon coming to office, slowed from a monthly rate of 25.5% …

Argentina’s economy: What Milei’s chainsaw approach has delivered in a year
1 month ago

Argentina’s economy: What Milei’s chainsaw approach has delivered in a year

CNN  

London/Bogota/Buenos Aires CNN — Javier Milei swept to power in Argentina a year ago on a ticket to tackle chronic hyperinflation and overhaul the long-suffering economy. “One of the key underlying issues of Argentina’s woes the overvalued peso, which is eroding Argentina’s external competitiveness,” Kimberley Sperrfechter, emerging markets economist at consultancy Capital Economics, wrote in a recent note. Milei frequently …

A year into Javier Milei’s presidency, Argentina’s poverty hits a new high
1 month ago

A year into Javier Milei’s presidency, Argentina’s poverty hits a new high

Al Jazeera  

Buenos Aires, Argentina – Marianela Abasto, 24, had never been to a soup kitchen before. “I don’t know what we are going to do.” Abasto is one of the increasing numbers of Argentinians who fell deeper into poverty during the first year of Javier Milei’s presidency. That spike has led experts and advocates to increasingly question Milei’s “chainsaw” approach to …

A year into Javier Milei’s presidency, Argentina’s poverty hits a new high
1 month ago

A year into Javier Milei’s presidency, Argentina’s poverty hits a new high

Al Jazeera  

Buenos Aires, Argentina – Marianela Abasto, 24, had never been to a soup kitchen before. “I don’t know what we are going to do.” Abasto is one of the increasing numbers of Argentinians who fell deeper into poverty during the first year of Javier Milei’s presidency. That spike has led experts and advocates to increasingly question Milei’s “chainsaw” approach to …

How Argentina's chainsaw-wielding Milei proved Leftist economists wrong
1 month, 1 week ago

How Argentina's chainsaw-wielding Milei proved Leftist economists wrong

India Today  

"However, while apparently simple solutions may be appealing, they are likely to cause more devastation in the real world in the short run, while severely reducing policy space in the long run," cautioned over 100 economists in a letter to Argentinians a year ago. The financially battered South American nation was on the verge of choosing its next president, with …

Javier Milei, free-market revolutionary
1 month, 1 week ago

Javier Milei, free-market revolutionary

Live Mint  

Sometimes familiarity breeds fondness. For Mr Milei the lesson is clear: “anything I can do to remove the interference of the state, I’m going to do." View Full Image Graphic: The Economist Mr Milei says he has tried to make sure that the cuts fall upon the state itself, more than its poorest citizens. Now Mr Milei trumpets that “Argentina …

'This is key': Report reveals 'different' side of man who's 'idolized by Trumpian right'
1 month, 1 week ago

'This is key': Report reveals 'different' side of man who's 'idolized by Trumpian right'

Raw Story  

A world leader who is revered by MAGA fans doesn't quite fit in with Donald Trump's political perspective, a new report suggests. "Argentina’s president is idolised by the Trumpian right," the piece says. In terms of where Milei fits in from the lens of American politics, the Economist states that, "The left detests him and the Trumpian right embraces him, …

Javier Milei, Argentina President who 'chainsawed' his Federal Bureaucracy, issues major advice to Elon Musk
1 month, 2 weeks ago

Javier Milei, Argentina President who 'chainsawed' his Federal Bureaucracy, issues major advice to Elon Musk

Hindustan Times  

Javier Milei, the President of Argentina, became the first political figure to meet with Donald Trump after his resounding presidential election victory, snapping pictures, and mingling with US senators at Mar-a-Lago. Javier Milei's administration has so far lowered public university budgets by thirty percent During his brief US visit, the self-described “anarcho-capitalist” Milei held talks with podcaster Lex Fridman. The …

What is the power struggle between President Milei and Argentina’s soccer federation?
1 month, 3 weeks ago

What is the power struggle between President Milei and Argentina’s soccer federation?

Associated Press  

BUENOS AIRES, Argentina — Argentina produces some of the best soccer players on the planet and has three World Cup titles to prove it. Tapia opposes Milei’s effort to enable soccer clubs to become sports limited companies, inspired by the model of the English Premier League. Milei, a libertarian economist who has pushed economic deregulation, signed a decree last December …

Argentina's Milei pivots to pragmatism in first talks with China's Xi after shaking up G20
1 month, 3 weeks ago

Argentina's Milei pivots to pragmatism in first talks with China's Xi after shaking up G20

New Indian Express  

Argentina has also dramatically reshaped its foreign policy in line with its hard-right allies in Italy — with Prime Minister Giorgia Meloni headed to Buenos Aires on Tuesday to spend more time with Milei — and in Israel. On Tuesday, Andrea Tenenti, a spokesperson for the U.N. peacekeeping mission operating along Lebanon's southern border, told reporters in Geneva that Argentina …

Argentina investors bet on Milei’s popularity a year after his election
1 month, 3 weeks ago

Argentina investors bet on Milei’s popularity a year after his election

Live Mint  

* Investors confident in Milei's economic reforms * Argentina's stocks and dollar bonds score significant returns * Potential U.S. support could aid Argentina's IMF negotiations By Rodrigo Campos NEW YORK, Nov 18 - Investors who have been rewarded for their bets on Argentine President Javier Milei are doubling down on the country's stocks and bonds even as they hit records, …

How chainsaw-wielding economist Javier 'El Loco' Milei went from TV pundit to Argentina's president
2 months, 1 week ago

How chainsaw-wielding economist Javier 'El Loco' Milei went from TV pundit to Argentina's president

ABC  

Presidents often have varied routes to power. It's one of many outlandish claims made by Argentinian president Javier Milei, whose eccentric public persona has earned him the nickname, El Loco, translated literally as "the crazy man". Rather, it's a shrewd political strategy that borrows tactics from US presidential candidate Donald Trump – even down to his campaign tagline: "Make Argentina …

Argentina’s President Milei presents 2025 budget, vowing austerity and setting up a showdown
3 months, 3 weeks ago

Argentina’s President Milei presents 2025 budget, vowing austerity and setting up a showdown

Associated Press  

BUENOS AIRES, Argentina — Libertarian President Javier Milei of Argentina presented the 2025 budget to Congress late Sunday, outlining policy priorities that reflected his key pledge to kill the country’s chronic fiscal deficit and signaled a new phase of confrontation with lawmakers. The president’s budget proposal followed a week of political clashes in the legislature — where Milei controls less …

Argentina’s Milei to veto pension reform to push through austerity measures
4 months, 2 weeks ago

Argentina’s Milei to veto pension reform to push through austerity measures

Al Jazeera  

The Senate defied the president by approving a pension increase to match the country’s triple-digit inflation rate. Argentina’s President Javier Milei is set to veto a pension reform passed by the Senate in a move that is likely to widen the rift between the libertarian leader and the opposition-controlled Congress. “ only objective was to destroy the government’s economic programme,” …

Argentine Senate passes pension spending increase in a blow to President Milei’s radical austerity
4 months, 2 weeks ago

Argentine Senate passes pension spending increase in a blow to President Milei’s radical austerity

Associated Press  

BUENOS AIRES, Argentina — Argentina’s Senate defied President Javier Milei on Thursday to push through an increase to pension spending that would cost at least 0.4% of the country’s gross domestic product, dealing a blow to his tough austerity program. But the pension law, which sets more than an 8% increase in retirement benefits this year, threatened to revive investors’ …

Argentina’s inflation edges up in June, breaking a months-long streak in a blow to President Milei
5 months, 4 weeks ago

Argentina’s inflation edges up in June, breaking a months-long streak in a blow to President Milei

Associated Press  

BUENOS AIRES, Argentina — A closely watched measure of inflation in Argentina was stronger than the libertarian government of President Javier Milei would have hoped on Friday, as the official statistics agency reported prices edging up in June and breaking a months-long streak of declines. President Milei has touted the falling prices over recent months as a victory in his …

Milei’s Economic Overhaul Faces These Four Hurdles
6 months ago

Milei’s Economic Overhaul Faces These Four Hurdles

Bloomberg  

Argentina’s president, Javier Milei, warned voters on the campaign trail last fall that the “shock therapy” he would use to stabilize the country’s serially ailing economy would be painful, and his prediction has come true. Consumer price inflation has accelerated since Milei took office on Dec. 10: Prices are up more than 100% through May — and 276% from a …

Argentina's Milei inks political pact to bolster economic plan
6 months ago

Argentina's Milei inks political pact to bolster economic plan

Hindustan Times  

BUENOS AIRES, - Argentine President Javier Milei signed a long-delayed pact with provincial governors early on Tuesday, in a push to broaden support for economic reforms and strengthen his nearly seven-month-old minority government. Argentina's Milei inks political pact to bolster economic plan The deal, signed soon after midnight with 18 governors, looks to allay market doubts about Milei's ability to …

Argentina yields surplus with Milei's bold revamp
6 months, 1 week ago

Argentina yields surplus with Milei's bold revamp

China Daily  

File photo of Argentine President Javier Milei. In a move that underscores the effect of Argentine President Javier Milei's stringent economic policies, the country posted its fifth consecutive monthly fiscal surplus in May, the largest to date. "The swap itself, utilized last year, also demonstrates its importance for Argentina as a mechanism, particularly in the context of a severe drought …

Argentina yields surplus with Milei's bold revamp
6 months, 1 week ago

Argentina yields surplus with Milei's bold revamp

China Daily  

By JIMENA ESTEBAN in Buenos Aires, Argentina | China Daily Global | Updated: 2024-07-02 09:40 File photo of Argentine President Javier Milei. Argentina's Foreign Minister Diana Mondino visited China in May as part of the first official visit from Milei's government. She told China's Foreign Minister Wang Yi, "No matter how Argentina's internal political situation changes, its friendly policy toward …

President Milei’s radical state overhaul officially becomes law after months of debate and protests
6 months, 1 week ago

President Milei’s radical state overhaul officially becomes law after months of debate and protests

Associated Press  

BUENOS AIRES, Argentina — Argentina’s lower house on Friday approved President Javier Milei’s sweeping economic overhaul bills, sealing a much-needed legislative victory for the libertarian leader after six months of bruising battles and raucous protests that had raised questions about his ability to govern. Milei’s landmark legislation, which seeks to support his “zero fiscal deficit” plan and attract foreign investment, …

Argentina’s Milei meets German officials in controversial lap around Europe
6 months, 2 weeks ago

Argentina’s Milei meets German officials in controversial lap around Europe

Associated Press  

MEXICO CITY — Argentina’s self-described anarcho-capitalist President Javier Milei met with German officials on Sunday in Berlin, part of his ongoing lap of Europe which has been greeted with both celebration and outrage. In a meeting with German Chancellor Olaf Scholz on Sunday, the two leaders discussed Argentina’s radical economic shifts and “the importance of having critical minerals” — likely …

Argentine President Milei is back in Madrid but he won’t be seeing Spanish leaders after their spat
6 months, 2 weeks ago

Argentine President Milei is back in Madrid but he won’t be seeing Spanish leaders after their spat

Associated Press  

MADRID — Argentine President Javier Milei returned to Spain on Friday, just weeks after his previous visit to Madrid worsened a diplomatic crisis engulfing the long-standing allies. Instead, the self-described anarcho-capitalist was to meet with Madrid’s powerful rightwing regional president, Isabel Díaz Ayuso, who is an outspoken opponent of Spain’s socialist Prime Minister Pedro Sánchez. Spanish Foreign Minister José Manuel …

Argentina’s president promises to quash corruption then shocks with his Supreme Court pick
6 months, 3 weeks ago

Argentina’s president promises to quash corruption then shocks with his Supreme Court pick

Associated Press  

BUENOS AIRES, Argentina — Campaigning last year as a libertarian outsider, Javier Milei electrified rallies with his vows to destroy Argentina’s corrupt political elite. But Lijo has allies across the political spectrum, and Milei predicts an easy confirmation, even though the president’s political isolation has frustrated his efforts to get a single bill passed in six months. “If Milei can …

‘Lives at play’: Argentina’s Senate passes Milei reforms as protests rage
6 months, 4 weeks ago

‘Lives at play’: Argentina’s Senate passes Milei reforms as protests rage

Al Jazeera  

Senators embark on all-night session to approve the controversial economic plan as protesters clash with police outside. Argentina’s upper house has narrowly passed a controversial bill key to libertarian President Javier Milei’s economic reform plans as thousands of protesters clashed with police in the streets. “A violent Argentina that sets a car on fire, throws rocks and debates the exercise …

Milei’s radical overhaul passes Argentina’s Senate after protesters clash with police
6 months, 4 weeks ago

Milei’s radical overhaul passes Argentina’s Senate after protesters clash with police

LA Times  

Police in riot gear gesture outside Congress after the Senate approved a reform bill presented by Argentine President Javier Milei in Buenos Aires on Wednesday. Argentina’s Senate narrowly approved President Javier Milei’s sweeping proposals to slash state spending and boost his own powers on Thursday, handing the libertarian leader a much-needed first legislative victory. Senate president Victoria Villarruel, the vice …

President Milei’s surprising devotion to Judaism and Israel provokes tension in Argentina, beyond
7 months, 1 week ago

President Milei’s surprising devotion to Judaism and Israel provokes tension in Argentina, beyond

LA Times  

Argentine President Javier Milei prays in February at the Western Wall in Jerusalem’s Old City. Ahead of Milei’s victory, nearly 4,000 Argentine Jewish intellectuals signed a petition voicing concern over Milei’s “political use of Judaism.” “It’s perverse. Netanyahu called Milei “a great friend.” Hamas called him “a partner of the Zionist occupier.” Last month, Milei’s government upended Argentina’s traditional recognition …

President Milei’s surprising devotion to Judaism and Israel provokes tension in Argentina and beyond
7 months, 1 week ago

President Milei’s surprising devotion to Judaism and Israel provokes tension in Argentina and beyond

Associated Press  

BUENOS AIRES, Argentina — At the base of the sacred Western Wall in Jerusalem’s Old City, President Javier Milei of Argentina appeared to be in a spiritual trance. Ahead of Milei’s victory, nearly 4,000 Argentine Jewish intellectuals signed a petition voicing concern over Milei’s “political use of Judaism, its texts and symbols.” For many Argentines, that pride was fraught with …

Javier Milei, the hard rocker in Argentina’s highest office, turns his book talk into wild show
7 months, 2 weeks ago

Javier Milei, the hard rocker in Argentina’s highest office, turns his book talk into wild show

Associated Press  

BUENOS AIRES, Argentina — A book presentation about neoclassical economic theory may not sound like a crowd-pleaser. “First, check there is no state intervention.” Milei had initially planned to promote his book at the Buenos Aires International Book Fair, the country’s largest literary event that kicked off earlier this month. His love for rock music dates back to high school, …

Spain withdraws its ambassador to Argentina over President Milei’s insults, escalating crisis
7 months, 2 weeks ago

Spain withdraws its ambassador to Argentina over President Milei’s insults, escalating crisis

Associated Press  

BUENOS AIRES, Argentina — A diplomatic crisis between historic allies Spain and Argentina expanded Tuesday as Spain announced the official withdrawal of its ambassador from Buenos Aires and Argentine President Javier Milei lambasted the move as “nonsense typical of an arrogant socialist.” Spain said its ambassador to Argentina would remain indefinitely in Madrid, where she had been recalled for consultations …

In progressive Argentina, the LGBTQ+ community says President Milei has turned back the clock
7 months, 4 weeks ago

In progressive Argentina, the LGBTQ+ community says President Milei has turned back the clock

LA Times  

Police stand guard outside the National Institute Against Discrimination, Xenophobia and Racism in Buenos Aires to prevent workers from entering after the government closed it and laid them off in April. Yet just months after Salva got her first paycheck, right-wing President Javier Milei entered office and began slashing public spending as part of his state overhaul to solve Argentina’s …

This fiery economist became Argentina’s president railing against politicians. Now he’s wooing them
8 months, 1 week ago

This fiery economist became Argentina’s president railing against politicians. Now he’s wooing them

Associated Press  

BUENOS AIRES, Argentina — When interviewed about his plans after a shock electoral victory last fall, Argentina’s President-elect Javier Milei gave his go-to answer in a blink: “To exterminate inflation.” “After that.” he trailed off, as though searching for anything else that could possibly matter. “He’s now using carrots and sticks to get what he wants.” Indeed he got what …

Massive protests in Argentina slam Milei’s education cuts
8 months, 2 weeks ago

Massive protests in Argentina slam Milei’s education cuts

Al Jazeera  

President Milei ran on a promise of taking a chainsaw to public spending, and continues to defend his approach. Students and university professors were joined by the country’s powerful trade unions and opposition political parties as hundreds of thousands rallied on Tuesday against the effect of President Javier Milei’s radical austerity measures on public universities. Milei had brandished a chainsaw …

Argentina protesters march against Milei’s public university cuts
8 months, 2 weeks ago

Argentina protesters march against Milei’s public university cuts

Al Jazeera  

Hundreds of thousands of Argentines have taken to the streets to voice outrage at cuts to higher public education under budget-slashing President Javier Milei, protest organisers say. Joined by professors, parents and alumni from the 57 state-run universities in the economic crisis-riddled South American country, students rose up on Tuesday “in defence of free public university education”, they said. Labour …

President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk
9 months ago

President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Javier Milei of …

President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk
9 months ago

President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk

Associated Press  

BUENOS AIRES, Argentina — President Javier Milei of Argentina kicked off a visit Wednesday to the United States, where he’ll meet with tech billionaire Elon Musk, as his government seeks an infusion of cash to overhaul Argentina’s embattled economy. In an event closed to the press, a Miami chapter of the Hasidic group Chabad-Lubavitch honored the president and Karina Milei, …

Argentina’s Milei takes his chainsaw to the state, cutting 15,000 jobs and spurring protests
9 months, 1 week ago

Argentina’s Milei takes his chainsaw to the state, cutting 15,000 jobs and spurring protests

Associated Press  

BUENOS AIRES, Argentina — Argentina said Wednesday that it had cut 15,000 state jobs as part of President Javier Milei’s aggressive campaign to slash spending, the latest in a series of painful economic measures that have put the libertarian government on a collision course with angry protesters and powerful trade unions. “It’s part of the work we are doing to …

Argentina and Colombia avert a diplomatic crisis, downplaying their presidents’ war of words
9 months, 1 week ago

Argentina and Colombia avert a diplomatic crisis, downplaying their presidents’ war of words

Associated Press  

BUENOS AIRES — Argentina and Colombia have agreed to end a diplomatic spat that escalated over right-wing Argentine President Javier Milei’s visceral attack on his leftist counterpart in Colombia last week, prompting the country to order the expulsion of Argentine diplomats. In a joint statement late Sunday, the foreign ministries of the two Latin American nations said they “have taken …

Argentina and Colombia avert diplomatic crisis, downplaying their presidents’ war of words
9 months, 1 week ago

Argentina and Colombia avert diplomatic crisis, downplaying their presidents’ war of words

LA Times  

Argentina and Colombia have agreed to end a diplomatic spat that escalated over right-wing Argentine President Javier Milei’s visceral attack on his leftist counterpart in Colombia last week, prompting the country to order the expulsion of Argentine diplomats. In a joint statement late Sunday, the foreign ministries of the two Latin American nations said they “have taken concrete steps to …

Argentina’s Milei trades barbs with Mexican and Colombian leaders, ratcheting up tensions
9 months, 1 week ago

Argentina’s Milei trades barbs with Mexican and Colombian leaders, ratcheting up tensions

Associated Press  

BUENOS AIRES — Mudslinging between Latin American populist leaders dragged on Thursday, after days of Argentina’s President Javier Milei needling his leftist counterparts in Mexico and Colombia — coming to a head with a diplomatic blow the night before. Since right-wing Milei stepped into the political spotlight last year, he has regularly traded barbs with Colombian President Gustavo Petro and …

Colombia expels Argentine diplomats after Milei calls Petro ‘terrorist murderer’ in CNN interview
9 months, 2 weeks ago

Colombia expels Argentine diplomats after Milei calls Petro ‘terrorist murderer’ in CNN interview

CNN  

CNN — The Colombian government has ordered the expulsion of all Argentine diplomats from the country’s embassy in Bogotá following a CNN interview in which the Argentine president called his Colombian counterpart a “terrorist murderer.” “The Argentine president’s expressions have deteriorated the trust of our nation and offended the dignity of President Petro, who was elected democratically,” the Colombian Foreign …

Vantage | Is Argentinian president's shock therapy helping the economy?
9 months, 2 weeks ago

Vantage | Is Argentinian president's shock therapy helping the economy?

Firstpost  

For better or for worse, the fate of a nation lay in the hands of a president determined to reshape its destiny In the vibrant streets of Argentina, change was promised. Javier Milei rang in hope Javier Milei, a man of radical ideas and boundless ambition, took office with a singular promise - to shock the economy back to life. …

Milei’s first 100 days: Argentines struggle to make ends meet as support for president remains high
9 months, 2 weeks ago

Milei’s first 100 days: Argentines struggle to make ends meet as support for president remains high

Associated Press  

BUENOS AIRES, Argentina — Sergio Gómez, a store owner in Buenos Aires, spends his days behind an empty counter, one nearly as empty as the large refrigerators in which he used to freeze meat. We don’t have the resources.” Gómez and his wife are among a large group of Argentines who say their economic situation is worse now than a …

Argentines struggle to survive as support for new president's 'shock therapy' remains high
9 months, 2 weeks ago

Argentines struggle to survive as support for new president's 'shock therapy' remains high

ABC  

Sergio Gómez, a shop owner in Buenos Aires, spends his days behind an empty counter, one nearly as empty as the large refrigerators in which he used to freeze meat. Mr Gómez and his wife are among a large group of Argentines who say their economic situation is worse now than a year ago as a consequence of a series …

First 100 days: Milei falters on shock therapy for Argentina’s economy
9 months, 3 weeks ago

First 100 days: Milei falters on shock therapy for Argentina’s economy

Al Jazeera  

Milei is struggling to overcome hostile lawmakers to enact his radical austerity agenda even as social tensions rise. “Labour reform is a big issue for Milei.” Then, on March 14, Argentina’s Senate voted to reject the emergency decree in a further blow to the president. Having policies held up by lawmakers doesn’t look good.” Reform bill Days after he announced …

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