Source link A number of regions have threatened to withhold supplies in what has turned into a standoff with the president Argentina’s key oil-producing provinces have threatened to cut supplies to the rest of the country if President Javier Milei presses ahead with a plan to slash funding and withhold billions in federal tax revenues, […]
Source link Consumer prices in the South American country have been soaring after the devaluation of the peso by the new government Annual inflation in Argentina hit a three-decade high of 254% in January even as the rate slowed slightly in monthly terms, according to official data released on Wednesday. Newly installed President Javier Milei […]
Source link Venezuela’s head of state claims Javier Milei works on behalf of “North American imperialism” Venezuelan President Nicolas Maduro has accused his Argentine counterpart of embracing “Nazi ideology,” after Javier Milei launched a broadside against socialism at this week’s World Economic Forum in Switzerland. Maduro described Milei’s speech as a “blunder” and “a shameful […]
Source link President Javier Milei has issued a warning at Davos, saying “collectivist experiments” will lead to poverty One month on from taking office as Argentina’s new president, self-described “anarcho-capitalist” Javier Milei has urged Western leaders to steer clear of the socialist path he claims led his country into an economic crisis and surging poverty. […]
Source link Adopting the US currency would lead to a “significant” loss of sovereignty, the Russian leader has warned Russian President Vladimir Putin has criticized his Argentine counterpart’s plan to ditch the national currency, the peso, for the US dollar. Speaking during a live press conference on Thursday, Putin said that the pledge of newly […]
Source link In his inaugural speech on Sunday, Javier Milei announced that tough austerity measures will be needed to help tame inflation and tackle debt In his first speech as Argentina’s president, Javier Milei gave his supporters some sobering news, warning that the country’s economic crisis will get worse before a recovery can begin because […]