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 …
BUENOS AIRES, Argentina — Politicians usually talk about belt tightening, or trimming wasteful spending with scissors. Presidential candidate of the Liberty Advances coalition Javier Milei addresses his supporters at a campaign rally in Buenos Aires, Argentina, Wednesday, Oct. 18, 2023. A supporter of presidential hopeful with the Liberty Advances coalition, Javier Milei, holds a statue of the candidate holding a …
Fury and fatigue after decades of economic crises have provided fertile ground for outsider Javier Milei, a libertarian who has surged to the front of the race with his vow to take a chainsaw to the bloated state and dollarize the economy Argentines will vote for a new president on Sunday, gripped by anxiety and with one thing in mind: …
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