Welcome to Balance of Power, bringing you the latest in global politics. If you haven’t yet, sign up here. Javier Milei need only lean out the window of the presidential palace in downtown Buenos Aires to be confronted with Argentina’s ties to China. Source link
Argentina’s libertarian President Javier Milei, in his first policy speech to parliament Friday, said he would push his package of sweeping economic reforms whether or not legislators back it. Issued on: 02/03/2024 – 07:50 2 min “We are going to change the country for good… with or without the support of political leaders, with all … Read more
Argentine President Javier Milei is seeking to extinguish decades of government intervention in the nation’s oil industry by unshackling crude exports and leaving local fuel prices at the whim of market forces. Milei included such measures in sweeping legislation he sent to congress on Wednesday, the latest move since the libertarian president took office on … Read more
Just days after taking office, and on the eve of the festive holidays, Milei presented his DNU, or “necessary and urgent” decree to loosen some of the rules governing the country’s economy as annual inflation hit 160%. ADVERTISEMENT Argentina’s far-right libertarian President Javier Milei unleashed a mega-decree midweek changing or altogether scrapping 366 economic rules, … Read more
Thousands of Argentinians have taken to the streets to oppose the country’s new president Javier Milei who took office earlier this month promising drastic cuts to public spending. ADVERTISEMENT Newly elected President Javier Milei announced dozens of new measures on Wednesday evening. They included sweeping initiatives to transform Argentina’s struggling economy, including easing government regulation … Read more
Argentina devalued its currency by more than 50 percent Tuesday in a set of “shock” measures aimed at reviving a crumbling economy and tackling triple-digit inflation. Issued on: 13/12/2023 – 03:49 3 min The government of President Javier Milei, a libertarian who swept from obscurity to the top office vowing to chainsaw spending, also announced … Read more
Argentina devalued the peso by 54% and announced a swath of spending cuts as the first steps of President Javier Milei’s shock-therapy program, moves welcomed by the International Monetary Fund. The newly inaugurated administration weakened the official exchange rate to 800 pesos per dollar, Economy Minister Luis Caputo said in a televised address after the … Read more
elected President of Argentina Javier Milei of La Libertad Avanza greets supporters after the polls closed in the presidential runoff on November 19, 2023 in Buenos Aires, Argentina. According to official results, Javier Milei of La Libertad Avanza reached 55,69% of the votes and Sergio Massa of Union Por La Patria 44,30%, with 99,25 of … Read more
Argentina’s Milei: From rabble-rouser to realist? Daily Sun Source link
I’m Chris Anstey, a senior economics editor in Boston and today I’m looking at Argentina’s economic policy dilemma. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Argentina should, … Read more