Tag: Javier Milei
Javier Milei: New president tells Argentina ‘shock treatment’ looms
Argentina’s new far-right president has vowed to deliver economic “shock treatment” in his first speech after formally taking office. Javier Milei warned Argentines “there is no money” and recommitted to a programme of harsh austerity measures. The populist outsider won a surprise election victory in November with radical pledges to overhaul the South American nation’s ailing economy. Mr Milei’s inauguration was held in Buenos Aires on Sunday. In a day of pomp and ceremony, the 53-year-old capped his extraordinary rise to power with a speech which left Argentines in no doubt he intends to embark on an economic path unlike any previous [Read More…]