Tag: Milei

In major setback for Argentina’s Milei, sweeping reform bill sent back to committee

BUENOS AIRES (Reuters) – A major economic reform package championed by Argentina’s libertarian President Javier Milei will be sent back to a legislative committee for consideration, the president’s party said on Tuesday, marking a major setback for the bill after lawmakers rejected many of its provisions. The rejections played out during the article-by-article approval process, […]

Argentina’s Milei visits Israel, vows to move embassy to Jerusalem

Argentinian President Javier Milei, who took office in December, arrived in Israel on Tuesday in a show of support for the country as the military campaign against Hamas militants continues in Gaza. “I want to assure Israel of my solidarity and my support for legitimate self-defence against the attacks by Hamas terrorists,” he said during […]

Javier Milei vs. Big Labor

Illustration: Lex Villena After enacting sweeping reforms in Argentina, President Javier Milei faced a major protest. Tens of thousands of people marched through the streets, hundreds of flights were grounded, and schools and businesses closed in protests to Milei’s attempt to fix the troubled South American country.   Milei is the first self-described libertarian head of […]

Milei Fires Argentina Infrastructure Chief, Papers Report

(Bloomberg) — Argentina’s President Javier Milei fired his infrastructure minister in the first cabinet change since taking office in December, local newspapers reported citing unnamed government officials at the presidential palace. Most Read from Bloomberg Guillermo Ferraro was sacked after Milei considered he was leaking information from his biweekly cabinet meetings, La Nacion and Clarin […]

Argentina labor union strike poses major challenge to Milei

By Nicolás Misculin BUENOS AIRES (Reuters) -Argentina’s largest union started a 12-hour strike on Wednesday and a major demonstration in the heart of Buenos Aires against tough economic austerity measures and reforms by new libertarian President Javier Milei. The action, hitting sectors from transportation to banks, is the biggest show of opposition to Milei’s plans […]

Cameron and Argentinian leader Milei ‘agree to disagree’ over Falklands

David Cameron and Argentinian leader Javier Milei “agree to disagree” over the sovereignty of the Falkland Islands, the British Foreign Office has said. The UK foreign secretary met the Argentine president for talks at the World Economic Forum in Davos. Mr Milei has suggested a Hong Kong-style agreement which would see the UK hand sovereignty […]

Argentina’s Milei raises Falklands issue in talks with Cameron

Argentina’s president Javier Milei has claimed the future of the Falkland Islands could be discussed in talks with the UK following a meeting with British foreign secretary David Cameron. The Argentine leader has suggested a Hong Kong-style agreement which would see the UK hand sovereignty of the islands in the South Atlantic to Buenos Aires. […]

Argentina’s markets give Milei a reality check as early romance fades

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s markets, which soared after President Javier Milei took office a month ago, are now giving the libertarian leader a dose of reality, with bond prices slipping, the peso weakening again and investors wary of the government’s new debt auctions. The splash of cold water from investors after […]

Argentina Court Suspends Labor Reforms, Dealing Setback to Milei

(Bloomberg) — Argentine President Javier Milei suffered his first judicial setback after the country’s national labor appeals court suspended a key portion of his emergency decree aimed at overhauling South America’s second-biggest economy. Most Read from Bloomberg The court announced an injunction Wednesday that suspends labor reforms included in Milei’s wide-ranging emergency decree from Dec. […]

Javier Milei Seeks Free Oil Markets by Law in Shale-Rich Argentina

(Bloomberg) — 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. Most Read from Bloomberg Milei included such measures in sweeping legislation he sent to congress on Wednesday, the latest move since […]

The inauguration of Javier Milei has Argentina wondering : NPR

President-elect Javier Milei takes questions from the press after his victory in the presidential runoff election, in Buenos Aires, Argentina, Nov. 19, 2023. Natacha Pisarenko/AP hide caption toggle caption Natacha Pisarenko/AP President-elect Javier Milei takes questions from the press after his victory in the presidential runoff election, in Buenos Aires, Argentina, Nov. 19, 2023. Natacha […]