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Articles for Milei, search results for poverty

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

United States Milei
How Argentina's chainsaw-wielding Milei proved Leftist economists wrong
3 weeks, 1 day 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 …

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

Trump Argentina President Milei Javier Milei Fridman
Scientists fear underfunded Argentina research on verge of collapse
2 months, 3 weeks ago

Scientists fear underfunded Argentina research on verge of collapse

Hindustan Times  

Argentine biochemist Alejandro Nadra worries that President Javier Milei's budget cuts will undo his scientific quest to unravel the cause of genetic diseases that disable and kill millions. Scientists fear underfunded Argentina research on verge of collapse Since taking office last December, budget-slashing Milei has frozen public university and research budgets even as annual inflation stands at 236 percent. The …

Research Argentina Working Budget Conicet Nadra Milei
Argentina’s Milei to veto pension reform to push through austerity measures
4 months 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,” …

Congress Pension Senate President Milei Pension Reform
Milei’s Economic Overhaul Faces These Four Hurdles
5 months, 2 weeks 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 …

Price Milei
Argentina's Milei inks political pact to bolster economic plan
5 months, 2 weeks 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 …

Pact Milei Inks
Argentina and Colombia avert a diplomatic crisis, downplaying their presidents’ war of words
8 months, 3 weeks 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 …

Colombia Milei Petro
Argentina and Colombia avert diplomatic crisis, downplaying their presidents’ war of words
8 months, 3 weeks 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 …

Colombia Milei Petro Social Programs Words Argentina
Colombia expels Argentine diplomats after Milei calls Petro ‘terrorist murderer’ in CNN interview
8 months, 3 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 …

Central Bank Bank Colombia Israel President Central His Government
Argentina’s Milei vows to push economic reforms with or without parliament
9 months, 3 weeks ago

Argentina’s Milei vows to push economic reforms with or without parliament

Al Jazeera  

Argentina’s libertarian leader says he will ‘keep pushing forward’ with radical economic agenda. Argentina’s libertarian President Javier Milei has promised to keep pushing his agenda of radical economic liberalisation with or without the support of parliament. In a state-of-the-union-style address to lawmakers on Friday, Milei said he would “keep pushing forward” with a package of sweeping economic reforms aimed at …

Economic Milei
With no leg to stand on, UK shuns Malvinas talks: China Daily editorial
10 months ago

With no leg to stand on, UK shuns Malvinas talks: China Daily editorial

China Daily  

A sign is pictured as British flags flutter at Parliament Square in London, Britain. United Kingdom Foreign Secretary David Cameron's visit to the Malvinas Islands on Monday has once again brought to the fore the nearly two-century-long sovereignty dispute over the South Atlantic archipelago between the UK and Argentina. Thus the move by Cameron, especially the statement he made that …

Islands Cameron Malvinas
Argentina's poverty levels hit 57% of population, a 20-year high in January, study finds
10 months ago

Argentina's poverty levels hit 57% of population, a 20-year high in January, study finds

The Hindu  

Poverty levels skyrocketed to 57.4% of Argentina's 46 million people in January, the highest rate in 20 years, according to a study by the Catholic University of Argentina. The UCA's social debt observatory is considered an independent and prestigious research space whose reports on poverty cover a larger geographical area than those conducted by Argentina's national statistics agency INDEC. According …

Poverty President Milei Poverty Levels Fernández De Kirchner
Elon Musk endorses Argentina President Milei's fiery WEF speech, calls it a 'good explanation of what...'
11 months, 1 week ago

Elon Musk endorses Argentina President Milei's fiery WEF speech, calls it a 'good explanation of what...'

Hindustan Times  

Tesla CEO Elon Musk on Thursday heaped praises on the self-proclaimed 'anarcho-capitalist' Argentinian President, Javier Milei, for backing free markets and lambasting socialism as a “threat to the West” at Davos during his first overseas tour. Argentina's President Javier Milei arrives to deliver a speech at the World Economic Forum meeting in Davos on January 17, 2024. Taking to his …

Social West Musk President Milei Davos Wef Speech
IMF unlocks $4.7bn for Argentina amid economic crisis, Milei austerity cuts
11 months, 2 weeks ago

IMF unlocks $4.7bn for Argentina amid economic crisis, Milei austerity cuts

Al Jazeera  

Inflation has crossed 160 percent in Latin America’s third-biggest economy, with 40 percent of population living in poverty. Latin America’s third-biggest economy is facing dire economic challenges after decades of debt and financial mismanagement, with inflation surpassing 160 percent year-on-year and 40 percent of Argentinians living in poverty. With this deal, Argentina’s new President Javier Milei, who took power in …

Imf Milei
Argentina’s Milei starts shock therapy by devaluing peso by 50 percent
1 year ago

Argentina’s Milei starts shock therapy by devaluing peso by 50 percent

Al Jazeera  

New president Milei warns of painful measures as currency value slashed, subsidies cut, public works tenders cancelled. Argentina’s government has announced it will slash the value of its currency, the peso, by more than 50 percent against the US dollar as its new far-right president seeks radical solutions to fix the country’s worst economic crisis in decades. President Javier Milei‘s …

Milei Caputo Devaluing Peso Economic Shock
Javier Milei sworn in as Argentina's president
1 year ago

Javier Milei sworn in as Argentina's president

Hindustan Times  

Libertarian economist Javier Milei was sworn in Sunday as Argentina's president, after a resounding election victory fueled by fury over the country's economic crisis. Argentina's new president Javier Milei delivers a speech after swearing in during his inauguration ceremony. Javier Milei warned there was no alternative to a fiscal "shock" in his maiden speech after being sworn into office on …

Economic Crisis President Javier Milei
Far-right outsider Javier Milei wins Argentina's presidential elections after fierce campaign
1 year, 1 month ago

Far-right outsider Javier Milei wins Argentina's presidential elections after fierce campaign

India TV News  

Far-right populist Javier Milei on Sunday won Argentina's presidential elections after a fiercely polarised election campaign, drawing connections to those of former US President Donald Trump, held amid soaring discontent in the country over increasing inflation and poverty. Provisional results showed that Milei won 55.8% of the votes as compared to Massa's 44.2%, with 97.6% of votes counted so far …

Elections Trump President Presidential Milei Bolsonaro Javier Milei
Argentina’s economy foundering on eve of general election
1 year, 1 month ago

Argentina’s economy foundering on eve of general election

Al Jazeera  

Winner between Sérgio Massa and Javier Milei will have to deal with debt mountain, soaring inflation, worsening poverty. Last month’s result surprised many political pollsters, given that Massa is presiding over an economy with an inflation rate of 142.7 percent, coupled with simmering frustrations about Argentina’s Peronist establishment. ‘Another debt restructuring likely’ “Massa will toe the Peronist line, attempting to …

Inflation Bank Debt Argentina Eve Milei Massa
Argentina was one of the world's richest countries. Now poverty is rife and inflation is over 100 per cent
1 year, 2 months ago

Argentina was one of the world's richest countries. Now poverty is rife and inflation is over 100 per cent

ABC  

Calle Florida is a long shopping strip in downtown Buenos Aires lined with opulent 20th-century buildings – echoes of the Argentinian capital's gilded age. It's a dodgy deal many are willing to make in a country where annual inflation is running at more than 100 per cent and the pesos in your hand are worth less all the time. Argentina …

Political Inflation Economic Bar Argentina Country Cent