A seemingly all-powerful Javier Milei has taken Argentina, and a great part of the world, by storm.
Argentines have become experts at ascribing outsized importance to their country and its socio-cultural figures, from football players to politicians.
Argentine President Javier Milei recently completed a year in office. Milei’s tenure has been a mixed bag so far. Milei, who supports minimal or no government interference in economic matters, began his tenure when Argentina was going through its worst economic crisis in at least two decades.
Argentina's government has privatized metallurgical firm IMPSA, the economy ministry said on Wednesday, marking its first privatization since libertarian President Javier Milei took power just over a year ago promising to shrink the state.
Argentina paid international bondholders before a Thursday deadline, marking another step in President Javier Milei’s efforts to restore investors’ confidence in the serial defaulter.
According to the Financial Times, this growth would only bring GDP per capita back to its 2021 level, so Argentina still has a long road ahead. Nevertheless, the strong rebound in the face of steep austerity, coupled with a rapidly improving inflation environment, is a significant milestone.
Argentines are turning more optimistic about the future of their nation’s beleaguered economy, a shift that stands to embolden austerity-minded President Javier Milei ahead of midterm elections later this year.
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President Javier Milei announces that Argentina's Budget for next year will be an extension of the current one – itself a rollover from 2023.
Argentina's sovereign bonds climbed on Friday's announcement. Benchmark notes due in 2035 touched a session high before paring gains
The nation’s government has lifted a more than 15-year-long ban on exporting ferrous and nonferrous scrap. The government of Argentinian president Javier Milei, considered to have been elected for his vows to deregulate numerous aspects of life and commerce in that nation, reportedly has ended a 16-year ban on the export of scrap metals.
As Elon Musk and Argentina’s Javier Milei champion ambitious plans to dramatically slash the size of government, a similar effort is getting underway across the globe from political leaders with a completely different ideology: Vietnam’s Communist Party.