Argentina strike: President Javier Milei faces one-day protest

Argentina strike: President Javier Milei faces one-day protest

BUENOS AIRES, Argentina (AP) — Argentina’s libertarian President Javier Milei faced a one-day general strike Wednesday protesting his decree targeting unions as well as his proposals for economic and labor law changes, showing that his opponents are wasting no time in trying to derail his austerity agenda. The biggest union, known by its acronym CGT, … Read more

Right-wing populist Javier Milei wins Argentina’s presidency amid discontent over economy

Right-wing populist Javier Milei wins Argentina’s presidency amid discontent over economy

Right-wing populist Javier Milei will become the next president of Argentina after promising a dramatic shake-up to the state in a fiercely polarized election campaign held amid deep discontent over soaring inflation and rising poverty. With 97.6% of votes tallied in Sunday’s presidential runoff vote, Milei had 55.8% and Economy Minister Sergio Massa 44.2%, according … Read more

Argentina Markets Brace for Selloff After Massa Forces Runoff

Argentina Markets Brace for Selloff After Massa Forces Runoff

Argentina investors again braced for a selloff after Economy Minister Sergio Massa did better than forecast in Sunday’s presidential vote, dashing hopes for an outright win by a more market-friendly candidate. The country’s dollar bonds — already trading below 30 cents on the dollar — look set to tumble further ahead of the Asia market … Read more

Argentina Bond Investors Are Preparing for Another Default After Elections

Argentina Bond Investors Are Preparing for Another Default After Elections

Welcome to The Brink. This is Kevin Simauchi in New York and Scott Squires in Buenos Aires, where we have been looking at Argentina’s bond markets ahead of the first round of presidential elections. We also have news on US pharmacy chain Rite Aid, Chinese developer Country Garden and Venezuelan oil company PDVSA. Follow this … Read more

Outsider Milei leads Argentina's primary with strong showing – Gwinnettdailypost.com

Outsider Milei leads Argentina's primary with strong showing – Gwinnettdailypost.com

Outsider Milei leads Argentina’s primary with strong showing  Gwinnettdailypost.com Source link