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Milei's Argentina Seems to Slowly Recover from Economic Disaster but its too Soon to Tell Yet

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Argentina finds itself grappling with significant economic challenges, yet there remains a glimmer of hope for a turnaround, contingent upon the successful passage of a comprehensive reform package proposed by President Javier Milei. According to Ricardo Markous, CEO of Tecpetrol, a pivotal player in Argentina’s energy sector, the country’s economic woes could be alleviated and fiscal... 

Poverty in Argentina soars to record high despite Milei's Shock Therapy

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Poverty levels in Argentina hit a multiple-year high in January following the drastic economic reforms carried out by newly installed President Javier Milei, the Social Debt Observatory of the Catholic University of Argentina (UCA) said in its latest report released this past weekend. According to the data, the share of people in poverty in the country surged to 57.4% last month, the highest since... 

Argentina Paralyzed By Strikes as Thousands Protest Milei's Shock Therapy

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Two months after libertarian firebrand Javier Milei was elected president of Latam basket case Argentina, pledging to overhaul the economy and openly warning a period of brutal austerity and pain is coming, the initial euphoria is fading fast and is being replace with the shock and horror of what comes next. And sure enough, in the biggest show of resistance to date against Milei, Argentinian workers... 

IMF Praises Argentina Milei government, Issues bailout hoping to Help Save their Economy

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The International Monetary Fund (IMF) has given the green light to release $4.7 billion for Argentina in a move tied to a comprehensive debt restructuring strategy, despite the nation falling short of benchmarks related to its $43 billion loan initiative. This decision was made public on Wednesday. Argentina is grappling with a profound economic crisis, considered the most severe in two decades. The... 

IMF Praises Argentina's Economic Reforms as 'Bold, Should Help Private Sector Growth'

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In response to the recent protests against Argentina’s economic reforms led by President Javier Milei, the new government has declared that organisers of the demonstrations will be held financially accountable for the associated security costs. The security expenses, totaling 60 million pesos, will be invoiced to the social movements responsible for orchestrating the protests, according to a... 

Argentina Announces 'Shock Therapy' Reforms to Move the Country Away from Communism

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In a groundbreaking effort to address Argentina’s deep-seated economic crisis, President Javier Milei has unveiled an expansive set of economic reforms that signal a departure from traditional economic policies. The sweeping measures encompass not only the privatization of state-owned entities but also the removal of export constraints and the easing of price controls. President Milei, known... 

Liberal Zionist who wished he was Jewish becomes new president of Argentina

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Javier Milei, an oddball politician with strong neoliberal views, has won the presidential election in Argentina. Argentina has historically been known for its unstable economy and leftist politics. Recently, inflation has been steadily above 100 percent. In this situation, Javier Milei – an odd bird in more ways than one – chose to run for president. And now it is clear that he has won. The... 
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