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Javier Milei Says 'Capitalism, Savings And Hard Work' Only Way To Exit Poverty As He Lays Out Argentina's Economic Roadmap
Friday, March 1, 2024 - 1:03am | 729Argentina’s President Javier Milei has taken a bold step in his economic reform agenda by bypassing the opposition-dominated congress. Milei, a libertarian, is determined to implement his radical austerity plan without legislative approval. What Happened: In a recent interview with the...
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Argentine Stocks Rebound As President Milei Eyes Potential New IMF Deal, Exit From Capital Controls
Thursday, February 29, 2024 - 12:02pm | 614Argentine stocks experienced a surge on Thursday following rumors that the country is in discussions with the International Monetary Fund (IMF) for a new program. This initiative aims to secure additional funding, accelerating Argentina’s departure from its stringent capital controls, as...
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'It's Possible Here Too:' RFK Jr Lauds Argentina's Milei For Ushering In Budget Surplus, Says He Would 'Drain The Swamp' And Fire US Bureaucrats For Racking Up $34 Trillion Of Debt
Monday, February 26, 2024 - 3:40am | 691Robert F. Kennedy Jr., who is contesting the 2024 presidential election as an independent, has a panacea for the fiscal woes of the country. On Sunday, the presidential candidate proposed that the U.S. take a leaf out of Argentina’s playbook that has brought the South American nation some...
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Argentina's President Javier Milei Spars With Lali Espósito, The Argentinian Taylor Swift
Monday, February 19, 2024 - 4:18pm | 1038Javier Milei, Argentina's recently elected president, sparked controversy with his ongoing verbal attacks on popular Argentine singer and actress, Lali Espósito. The libertarian and anarcho-capitalist politician has been targeting Espósito over her alleged ties to funding for her...
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Argentina's Largest Union Calls General Strike Against President Javier Milei's Economic Plans
Wednesday, January 24, 2024 - 10:33am | 606Argentina’s President Javier Milei is bracing for a major challenge as the country’s largest labor union is set to stage a nationwide general strike. The strike directly responds to Milei’s radical economic policies, which have sparked widespread discontent. What Happened: The...
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Argentina's Milei Condemns Socialism At Davos, Warns Against 'Left-Wing Doctors' Attacking Capitalism
Wednesday, January 17, 2024 - 12:15pm | 757Argentine President Javier Milei delivered a fervent defense of free-market capitalism and issued a stark warning about the perils of socialism at the World Economic Forum Wednesday, invoking the economic principles of Nobel laureate Milton Friedman. “The Western world is in danger”...
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Argentine President Milei Shocks With Plan To Dismantle Central Bank Amid Skyrocketing Inflation, IMF Backs Move
Thursday, January 11, 2024 - 5:07pm | 660Argentine President Javier Milei raised the stake on Thursday, announcing plans to dismantle “sooner or later” the country’s central bank. This radical remark, revealed in an interview with Radio La Red, aligns with Milei’s ultra-libertarian ideology and fulfills a bold...
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Argentina's Inflation Was Around 200% in 2023 — And It Could Get Worse in 2024: New Leadership Says It Will Take Time To Reverse
Thursday, January 11, 2024 - 2:00pm | 578Argentina’s inflation rate was around 200% in 2023, according to Reuters. Food prices in particular rose much faster than anticipated, making it hard for everyday citizens to afford basic staples like meat and vegetables. For many Argentines, this will not be their first battle...
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From Emmanuel Macron To Sam Altman, Here Are The Global Elite Heading To Davos 2024
Thursday, January 11, 2024 - 10:32am | 587The global elite are set to gather in Davos, Switzerland, for the World Economic Forum (WEF) 2024. The event, titled “Rebuilding Trust,” is expected to see a diverse range of speakers and pressing global issues on the agenda, from geopolitical tensions to technological change. What...
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Crypto Crackdown Looms in Argentina As Milei's Bill Demands Full Disclosure
Thursday, December 28, 2023 - 5:36pm | 412Argentina's newly elected President Javier Milei has introduced a draft bill that could significantly impact cryptocurrency holders in the country. This legislation, part of a broader economic and political reform package, aims to incentivize Argentines to declare both their domestic and...
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Marjorie Taylor Greene Draws Flak For Urging US To Emulate Milei's Argentina With Government Downsizing: 'Need To Stop Electing This Type Of Ignorance'
Wednesday, December 27, 2023 - 6:27am | 527Rep. Marjorie Taylor Greene (R-Ga.) said late Tuesday that the U.S. should take a leaf out of Argentina’s new President Javier Milei’s playbook and cut back on government jobs, and the suggestion instantly drew flak from social media users. What Happened: Reacting to a post on X, which...
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Argentina's Tango Stocks Dance On New Heights, But Milei's Deregulation Efforts Face Congressional Hurdle
Thursday, December 21, 2023 - 5:58pm | 573Investors are displaying newfound confidence in Argentina’s stock market and the country’s future economic prospects. What Happened: The Global X MSCI Argentina ETF (NYSE:ARGT), a popular exchange-traded fund accessible to U.S.-based investors, soared to $54, marking a historic high...
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Why Tesla Should Build a Gigafactory In Argentina
Wednesday, December 20, 2023 - 12:53pm | 991By Felix T., Benzinga Contributor My name is Felix, a 24-year-old professional with five years of experience in the renewable energy sector. I have worked on utility-scale projects in Chile and distributed generation projects in Argentina, focusing on project management and overseeing environmental...
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Javier Milei's New Security Minister Announces Strict Anti-Protest Measures In Argentina
Friday, December 15, 2023 - 3:09am | 536Argentina’s newly appointed Security Minister, Patricia Bullrich, has laid out a detailed plan to curb protests, a move that could stir up conflict with social groups opposed to economic reforms. What Happened: The new security protocol aims to stop disruptive roadblock protests in Buenos...
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Milei's Economic Shock Therapy Triggers 50% Collapse Of Argentine Peso, But Gains IMF Support
Wednesday, December 13, 2023 - 11:11am | 658The Argentine peso has depreciated by a staggering 54% following the newly elected President Javier Milei‘s tough economic measures, aimed at rescuing the nation from a deep solvency crisis and hyperinflation. The official exchange rate jumped overnight to an unprecedented 800 pesos per...