Milei

Argentina’s Milei Devalues Peso by 54% in First Batch of Shock Measures

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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 […]

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Trump congratulates Argentine libertarian Milei on election win

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Republican presidential candidate and former U.S. President Donald Trump visits the southern border with Texas Governor Greg Abbott in Edinburg, Texas, U.S. November 19, 2023. REUTERS/Go Nakamura/File Photo Acquire Licensing Rights Nov 19 (Reuters) – Former U.S. President Donald Trump congratulated libertarian Javier Milei, an outsider with radical views to fix the economy, on being

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Argentina heads to run-off as Massa beats Milei in first round

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Economy Minister Sergio Massa and far-right libertarian Javier Milei to face-off amid voter discontent over economy. Argentina is headed for a run-off vote between Economy Minister Sergio Massa and the far-right libertarian Javier Milei after a better-than-expected performance by the ruling Peronist coalition’s candidate in the country’s presidential election. Massa led Milei by 36.6 percent

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