Argentina
Poor showing in Sunday’s election would deal hammer blow to country’s radical libertarian president, Javier Mileia
Buenos Aires (Argentina) (AFP) – Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite multi-billion dollars of US support for the under-pressure currency.
President suggests $20bn swap line is contingent on libertarian’s victory in midterm elections
President Javier Milei has accused the global health agency of mismanaging the Covid-19 pandemic
Markets celebrated the two bills’ passing, after protesters took to the streets of Buenos Aires
When Javier Milei was campaigning last year to become the president of Argentina, he brandished a chainsaw to symbolise his determination to substantially cut public spending.
“There is no Plan B,” President Javier Milei tells The Wall Street Journal as his moves to privatize state companies and slash government jobs and spending are sparking inflation and protests.
Karina Milei is the president’s rock, and also his gatekeeper
Argentine judges on Wednesday suspended labor law changes that form part of a mega-decree of sweeping economic reforms and deregulation announced by the country's libertarian new president, Javier Milei.
Thousands of Argentines took to the streets of Buenos Aires on Wednesday, clashing with police as they protested a decree of sweeping economic reform and deregulation published by President Javier Milei.
Argentina's new leader Javier Milei on Wednesday unveiled a series of measures to deregulate the country's struggling economy, eliminating or changing more than 300 rules, including on rent and labor practices.
Javier Milei has promised radical measures to battle the country’s worst economic crisis in decades
Package of spending cuts introduced in attempt to tackle country’s worst economic crisis in decades
The libertarian assumes the presidency with a single-minded focus on taming inflation—even if that means breaking with those who got him there.
But Latin America’s third-largest economy is broke and lacks funds to swap the nearly worthless peso for the greenback