BUENOS AIRES, Argentina (AP) — Argentina’s lower house on Friday approved President Javier Milei’s sweeping economic overhaul bills, sealing a much-needed legislative victory for the libertarian leader after six months of bruising battles and raucous protests that had raised questions about his ability to govern. Milei’s landmark legislation, which seeks to support his “zero fiscal […]
Tag: Mileis
Milei’s radical state overhaul becomes law in Argentina after months of protest
Argentina’s lower house approved President Javier Milei’s sweeping economic overhaul Bills on Friday, sealing a much-needed legislative victory for the libertarian leader after six months of bruising battles and raucous protests that had raised questions about his ability to govern. Mr Milei’s landmark legislation, which seeks to support his “zero fiscal deficit” plan and attract […]
Milei’s Austerity Plan Pushes Argentina Into Recession in First Quarter
(Bloomberg) — Argentina entered a recession in the first quarter of the year as President Javier Milei’s brutal spending cuts sent consumption and activity plummeting. Most Read from Bloomberg Gross domestic product fell 2.6% compared to the fourth quarter of 2023, according to official government data published Monday. Activity contracted 5.1% from a year earlier, […]
Inside Javier Milei’s big bet on ‘new oil’
Javier Milei, the Argentine president, hopes his country’s copper reserves can help lift its economy out of the doldrums – Anna Moneymaker/Getty Images North America The Los Azules mining project is nestled in a beautiful yet austere stretch of the Andes. Just a few miles from the border with Chile, it is one of the […]
Brazil seeks right-wing rioters who fled to Milei’s Argentina
By Ricardo Brito and Lisandra Paraguassu BRASILIA (Reuters) -Brazil has asked Argentina for information about dozens of supporters of former President Jair Bolsonaro seeking refuge in the neighboring country to avoid legal consequences for storming Brasilia last year as part of an alleged coup attempt. Brazilian police officials said the request lodged on Monday was […]
Argentina government says Milei’s China trip not confirmed but could happen
BUENOS AIRES (Reuters) -Argentina’s government rejected media reports on Thursday that President Javier Milei would travel to China in the coming weeks and meet with Chinese President Xi Jinping, saying that while such a trip could happen it was not confirmed. Local media, including newspaper Clarin, reported earlier that the trip was set for the […]
Milei’s radical overhaul advances in Argentina’s Senate as protesters clash with police
BUENOS AIRES, Argentina (AP) — Argentina’s Senate began what’s likely to be an all-night voting marathon on the details of President Javier Milei ‘s sweeping proposals to slash spending and boost his own powers early Thursday, shortly after giving the plan overall approval in a narrow vote as thousands of protesters clashed with police outside. […]
Have Milei’s first six months improved the Argentine economy?
Has President Milei kept his promise to cut government spending? [Getty Images] 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. Now six months into his right-wing presidency, how is his shock therapy for both the country’s government […]
President Milei’s surprising devotion to Judaism and Israel provokes tension in Argentina and beyond
BUENOS AIRES, Argentina (AP) — At the base of the sacred Western Wall in Jerusalem’s Old City, President Javier Milei of Argentina appeared to be in a spiritual trance. With head and hands pressed against the ancient stone, he prayed with Orthodox rabbi who introduced him to Judaism three years ago. Although born and raised […]
Milei’s ‘chainsaw’ paralyzes Argentinian public works
STORY: The aging train tracks along this rail line through the outskirts of Buenos Aires were being replaced with new ones. :: La Plata, Argentina Then, one day earlier this year, work stopped. You can see exactly where the new rail ties end. Agustin Pecora is an engineer on the site: :: Agustin Pecora, Technical […]
Milei’s Visit to Far-Right Rally Prompts Harsh Rebuke From Spain
(Bloomberg) — Spain’s socialist government demanded an apology from Argentine President Javier Milei, saying the libertarian leader’s comments at a far-right rally in Madrid had badly damaged relations. Most Read from Bloomberg Foreign Minister José Manuel Albares told reporters Sunday that Spain was recalling its ambassador from Buenos Aires after Milei accused the prime minister’s […]
Argentina economic activity likely slid 5.5% in Milei’s first full month
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s economic activity likely dropped 5.5% in January on an annual basis, a Reuters analyst poll showed on Monday, which would represent a sharp decline in the first full month of data since President Javier Milei took office on Dec. 10. The 14 local and foreign analysts surveyed […]