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☆ Why a Brazilian UFC star is championing a dead Austrian economist
▼ + stars: | 2024-04-28 | by ( David Shortell | ) edition.cnn.com time to read: +7 min

In recent years, the free-market economist and the contrarian Austrian school he led midcentury have been turned into a hashtag deployed by tax-wary workers. Ludwig von Mises From Mises Institute“Ludwig von Mises is Latin America’s leading economist,” declared the headline of a Bloomberg opinion piece earlier this month by economist Tyler Cowen. His free-market policy prescriptions, framed by an economic thinking centered on human behavior and individual choice, were widely considered out of fashion at the time. “That is my jam!” Shapiro said of the Austrian school. “If you start to understand the concept of the Austrian economic school,” Moicano said in a recent YouTube video, “you’re going to understand that’s what I need: free market, liberties, and wealth, my brother.

Persons: Renato Moicano, “, Ludwig von Mises, ” Moicano, Mises, midcentury, influencers, “ Ludwig von Mises, ”, Tyler Cowen, Marx, Camila Rocha, Moicano, Jair Bolsonaro, Javier Milei, Fabrice Coffrini, Milei, “ Milei, Daniel Raisbeck, Raisbeck, Milton Friedman, ” Mises, El, Nayib Bukele, Amanda Andrade, Rhoades, Rocha, Ben Shapiro, ” Shapiro, It’s, “ you’re Organizations: CNN — Brazilian UFC, Austrian, Mises, “, Bloomberg, New York University, Brazilian Center of Analysis, UFC, Economic, Cato Institute, Argentina national, Salvador, Conservative Political, Conference, Mises Institute, Mises Institutes, Fox Business, YouTube Locations: Austrian, United States, South, Central America, American, El Salvador, Argentina, Brazil, Davos, AFP, Milei, Buenos Aires, Mises, National Harbor , Maryland, Washington, Latin America

☆ Tens of thousands protest as Milei’s austerity measures hit Argentina’s public universities
▼ + stars: | 2024-04-24 | by ( Abel Alvarado | ) edition.cnn.com time to read: +3 min

CNN —More than a hundred thousand protesters took to the streets of Buenos Aires and other cities in Argentina Tuesday to demand President Javier Milei increase funding for public universities. The University of Buenos Aires (UBA) said in a statement that around 800,000 people took part in the protests in Buenos Aires, while Milei’s government claimed there were 150,000 protesters, according to local media. Milei’s government has defended its decision to freeze the 2023 budget for public universities, announcing increases only in operating expenses, which according to the UBA account for just 15% of spending needs. Students, teachers and political leaders take part in a march against budget cuts to universities in Buenos Aires on April 23. In January, labor unions organized a nationwide general strike against austerity measures and reforms, and thousands took to the streets to protest.

Persons: Javier Milei, Milei, ”, Luciano Gonzalez, ” Milei Organizations: CNN, University of Buenos, Anadolu Agency, Getty, Ministry, Argentina Catholic University, Argentina national Locations: Buenos Aires, Argentina, University of Buenos Aires, Argentine

☆ Argentina and Colombia move to mend ties after Milei calls Petro a ‘terrorist murderer’ in CNN interview
▼ + stars: | 2024-04-01 | by ( Marlon Sorto | Heather Chen | ) edition.cnn.com time to read: +2 min

CNN —Argentina and Colombia say they have taken “concrete steps” to improve frayed relations between the two countries after far-right Argentine leader Javier Milei called his left-wing Colombian counterpart a “terrorist murderer” in a CNN interview. In a joint statement Sunday, the two nations’ foreign ministries said they had held talks under orders from Milei and Colombian President Gustavo Petro. The measures include the return of both countries’ respective ambassadors after Colombia last week expelled all Argentine diplomats from Bogota following Milei’s comments to CNN. “You can’t expect much from someone who was a terrorist murderer,” Milei said in the interview of Petro, a former guerilla who became Colombia’s first left-wing president in 2022. Colombia recalled its ambassador to Argentina in January following similar comments from Milei, Reuters reported.

Persons: Javier Milei, ”, Gustavo Petro, “, ” Milei, Petro, Colombia’s, Milei, Andrés Manuel López Obrador, ” López Obrador, López Obrador, Argentinians “, Nicolás Maduro Organizations: CNN —, Colombian, CNN, Reuters, Venezuela’s, Español Locations: CNN — Argentina, Colombia, Argentine, Milei, Bogota, Argentina, Venezuela, Caracas, Buenos Aires, Nazi

Central Bank is ‘mechanism of fraud’Milei also reiterated his intention to shut down the country’s central bank, calling the institution a “mechanism of fraud.”“A central bank is a fairly recent invention. Milei admitted his reform push has stalled in Argentina’s Congress in recent weeks, but his government maintains the intention to close the central bank within three years. In the interview, Milei claimed his government’s greatest success since entering office in December has been to beat the hyper-inflation and achieve a fiscal surplus for the first time in years. Milei celebrated Argentina’s fiscal surplus, achieved last month for the first time in years, and said that fiscal stability is “a beacon” of his government. Argentina’s poverty rate is over 50%, according to a report from the Argentina’s Catholic University in Buenos Aires.

Persons: ” “, Gustavo, Petro, Javier Milei, Andrés Oppenheimer, Miami Herald –, Colombia’s, Milei, ”, Andrés Manuel López Obrador, ” López Obrador, López Obrador, Argentinians “, ” “ Israel, ” Milei, Benjamin Netanyahu, Donald Trump, “, it’s, Oppenheimer, ’ Milei, Argentina’s Organizations: CNN, Colombian, Colombian Foreign Ministry, Miami Herald, Israel, ” Defense, Trump, Israeli, Republican, Democrats, Central Bank, Ulysses, Argentina national, Argentina’s Catholic University Locations: Bogotá, Argentine, Gaza, Israel, Buenos Aires, United States, Argentina’s

☆ Argentina accuses Venezuela of cutting power to its embassy in Caracas after hosting opposition leaders
▼ + stars: | 2024-03-27 | by ( Mauricio Torres | Kathleen Magramo | ) edition.cnn.com time to read: +2 min

CNN —Argentina on Tuesday accused Venezuela of cutting the electricity supply to its embassy in Caracas after the diplomatic mission hosted a meeting with the country’s opposition leaders, the latest sign of souring relations between the two South American nations’ ideologically opposed governments. CNN has contacted the governments of Venezuela and Argentina for comment. Venezuela’s opposition has accused Maduro’s government of repressing its leaders and stifling any free and fair campaigning ahead of the country’s presidential elections on July 28. Colombia and Brazil issued statements Tuesday expressing concern over the opposition’s ability to fairly compete in the upcoming presidential contest. Maduro on Tuesday criticized foreign governments which he claimed, “seek to intervene in the internal affairs of Venezuela.”

Persons: Javier Milei, Nicolás Maduro, ”, Maduro’s, Maduro, Hugo Chavez, María Corina Machado, Machado, “ Organizations: CNN, Argentine, Venezuela’s, Español Locations: Argentina, Venezuela, Caracas, Argentine, Venezuelan, Buenos Aires, Nazi, United States, Colombia, Brazil

☆ Opinion | 100 Days of Javier Milei
▼ + stars: | 2024-03-24 | by ( Uki Goñi | ) www.nytimes.com time to read: +2 min

Argentina’s new president, Javier Milei, has been in office for just over 100 days. The extreme libertarian program that Mr. Milei says will make Argentina great again — along with his unruly hair and tongue — has attracted countless comparisons to Donald Trump and won him high praise from Mr. Trump and other powerful admirers. A self-proclaimed “anarcho-capitalist,” Mr. Milei won the presidential race in November on promises to end Argentina’s sky-high inflation through a free-market transformation of the state. So far, he’s failed to deliver: Inflation doubled during his first month in office, though it has slowed down recently. Is he the economic visionary who won over voters and prompted Mr. Musk to predict that “prosperity is ahead for Argentina”?

Persons: Javier Milei, Milei, Donald Trump, Trump, Elon Musk, Mr, he’s, Musk Organizations: Economic, Mr Locations: Argentina, Davos, Switzerland, Congress, “

☆ From Blinken to Trump: Javier Milei’s Strange Trip
▼ + stars: | 2024-02-23 | by ( Jack Nicas | ) www.nytimes.com time to read: +1 min

President Javier Milei of Argentina hosted U.S. Secretary of State Antony J. Blinken in Buenos Aires on Friday morning to discuss the various ways Mr. Milei is reshaping Argentina foreign policy in line with the United States. A few hours later, both men were set to board separate planes for Washington. Mr. Blinken was going back to the White House and President Biden. Mr. Milei was headed to the Conservative Political Action Conference, or CPAC, where he would take the stage ahead of former President Donald J. Trump and give a speech that would almost certainly rail against the dangers of the left. In addition to being Argentina’s largest foreign investor and its third-largest trade partner, the United States has the most control of any country over the International Monetary Fund, to which Argentina owes $40 billion.

Persons: Javier Milei, Antony J, Blinken, Biden, Milei, Donald J Organizations: U.S, White, Conservative Political, Conference, Trump, Argentine, International Monetary Fund Locations: Argentina, Buenos Aires, United States, Washington

BUENOS AIRES, Argentina (AP) — An Argentine court on Tuesday overturned labor rules proposed by President Javier Milei that would make it easier to fire workers, in a new blow to the leader's efforts to shake up regulations that he says have hampered the country's struggling economy. The appeals court already temporarily suspended the incoming president's new regulations in early January after a legal challenge brought by the main union group, the General Labor Confederation. Milei's administration did not immediately say whether it would do so. Milei in December announced a decree that would make several changes to labor rules, like increasing job probation from three to eight months, reducing severance compensation and allowing the dismissal of workers who take part in blockades during protests. Last week, the president faced a one-day general strike, organized by the biggest union, but some government officials downplayed the effects of the protest.

Persons: —, Javier Milei, Milei Organizations: General Labor Confederation, Congress Locations: BUENOS AIRES, Argentina, Argentine, Buenos Aires

☆ A nationwide strike in Argentina poses major test to Milei’s economic ‘shock therapy’
▼ + stars: | 2024-01-24 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Argentina's largest labor union grouping on Wednesday is expected to hold a nationwide general strike to protest President Javier Milei's shock economic agenda. The strike represents a significant test for Milei, who has announced sweeping measures to deregulate Latin America's third-largest economy. "The general strike is more of a political test for the labour unions than for Milei," Jimena Blanco, head of Americas at risk consultancy Verisk Maplecroft, told CNBC via email. "Regardless of attendance, the strike caters to the unions' own support base and, at this stage, is not representative of wider social sentiment. However, it has the potential to grow in the future as the impacts of the economic shock plan become palpable."

Persons: Javier Milei, Javier Milei's, del Trabajo, Jimena Blanco, Verisk Maplecroft Organizations: Economic, Analysts, CNBC Locations: Davos, Switzerland, Argentina, Americas

It has been six weeks since President Javier Milei took office in Argentina, and since then, gas prices have doubled, inflation has soared and the value of the national currency has plummeted. Such turmoil, he had warned, should be expected. Yet on Wednesday, many Argentines plan to take to the streets to show they have already had enough. Argentina’s largest labor unions plan a nationwide strike — including workers in transportation, construction, health care, food services, energy and banking — to protest Mr. Milei’s planned overhauls, arguing they would weaken protections for workers and the poor. Pablo Moyano, a union leader, told reporters that Mr. Milei “is crapping on Congress and crapping on workers.” Mr. Milei has shot back that the protest shows “there are two Argentinas” — one stuck in the past and another that “puts us on the path to be a developed country.”

Persons: Javier Milei, Milei’s, Pablo Moyano, Milei, Mr, “, ” Locations: Argentina

CNN —Argentina’s labor unions began a nationwide general strike on Wednesday against austerity measures and reforms by the country’s libertarian President Javier Milei. Thousands of people marched toward Congress in the capital of Buenos Aires on Wednesday amid the strike, which began at 10 a.m. “This is not the Argentina that I want for my grandchildren or for the future of Argentina. The strike has led to transport disruptions with flag carrier Aerolíneas Argentinas saying that it canceled all its operations on Wednesday. He famously brandished a chainsaw at several of his rallies as an illustration of his plans to slash public spending.

Persons: Javier Milei, Milei, ”, Español Organizations: CNN, of Labor, CGT, Milei, Ministry, Security Locations: Buenos Aires, Argentina

☆ Argentina’s Milei tells Davos ‘heroes’ how it should be done
▼ + stars: | 2024-01-17 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

“The Argentine economy is in such bad shape that it has to be shaken up. President Milei and his team are doing exactly that,” she said during an interview in Davos. He has also devalued Argentina’s currency. However, some of Milei’s measures, such as the devaluation, are also likely to stabilize Argentina’s economy in the medium term, Sperrfechter said. Among his most radical plans, Milei has pledged to ditch the peso as Argentina’s official currency and replace it with the US dollar.

Persons: London CNN —, ” “, ” Javier Milei, ”, Milei, Juan Peron, Kristalina Georgieva, CNN’s Richard Quest Wednedsay, Milei’s, Kimberley Sperrfechter, Sperrfechter, It’s Organizations: London CNN, Economic, Council, Foreign Relations, Reuters, International Monetary Fund, IMF, Argentine, Capital Economics, CNN, “, US Federal Reserve Locations: Davos, Switzerland, Argentina, Argentine, US, “ Argentina

WASHINGTON (AP) — Argentina's right-wing President-elect Javier Milei will meet with President Joe Biden's national security adviser on Tuesday in Washington, according to the White House. National Security Council spokesman John Kirby told reporters on Monday that Milei will meet with White House national security adviser Jake Sullivan and other administration officials. The Treasury Department said in a statement that Milei's economic policy advisers will also meet with senior Treasury Officials on Tuesday. That meeting is expected to focus on the incoming Milei administration's economic policy priorities. Argentina’s president-elect has said he wants to move Argentina’s embassy in Israel from Tel Aviv to Jerusalem, emulating a move made by Trump.

Persons: —, Javier Milei, Joe Biden's, John Kirby, Milei, Jake Sullivan, Biden, Rosalynn Carter, ” Kirby, Donald Trump, Trump, ” Milei, Menachem Mendel Schneerson, Schneerson, he’s, hasn’t, “, Israel, ” ___ Politi, Fatima Hussein, Chris Megerian Organizations: WASHINGTON, House . National Security, White House, Milei, Treasury Department, International Monetary Fund, Lubavitch, Catholic, Israel, Trump, Associated Press Locations: Washington, Georgia, Colorado, Argentina, United States, New York City, Kirby, New York, Queens, Israel, Tel Aviv, Jerusalem, Buenos Aires

☆ Fact Check: Post endorsing Trump is not by Javier Milei’s official account
▼ + stars: | 2023-11-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A message endorsing former U.S. President Donald Trump for the 2024 elections was posted by an account in support of Javier Milei, not by the official account of Argentina’s president-elect. Some users (archived) on Facebook (archived) have shared the message as if it were authentically posted by Milei himself. The bio indicates it is an account in support of Milei. Milei’s press office said in a statement on Nov. 23 that Trump will visit Buenos Aires and meet with Milei following a call between them. The message endorsing Trump was posted by an account in support of Milei, not by Milei’s official account.

Persons: Donald Trump, Javier Milei, Sergio Massa, Milei, Trump, Read Organizations: Facebook, Reuters, Trump, Thomson Locations: Buenos Aires

Labor union leaders said Thursday they are paying close attention to what the libertarian president-elect says and what they are hearing is in opposition to their interests. “In the moment they move forward with reforms related to labor rights, both individual and collective, and when the labor organizations affected by these adjustments request it, the CGT will take a stance,” Dear said. “We expect absolutely nothing from Javier Milei.”Catalano was one of the representatives of labor unions and social organizations who joined the Mothers of Plaza de Mayo in their weekly march in downtown Buenos Aires Thursday. There’s also concern among human rights organizations about a potential setback in policies that allowed for the prosecution of perpetrators of crimes against humanity during the dictatorship. Leaders of leftist social organizations also held a meeting Thursday to discuss their response to Milei’s policies and “a plan for struggle against austerity” that will involve street protests.

Persons: Javier Milei, ” Héctor, Pablo Biró, Milei, ”, ” Daniel Catalano, ” Catalano, There’s, “ it’s, Nicolás Saldías, ” Sadias, —, Débora Rey Organizations: Labor, Confederation, Airline Pilots Association, Aerolineas Argentinas, Milei, State Workers ’ Association, de Mayo, Economist Intelligence, Latin, Associated Press Locations: BUENOS AIRES, Argentina, “, Buenos Aires, Latin America, Caribbean, ” Argentina

BUENOS AIRES, Argentina (AP) — Former President Donald Trump has told Argentina’s President-elect Javier Milei that he plans to travel to the South American country so the two can meet, Milei's office said Thursday. The office did not give a date for when Trump intends to be in Buenos Aires. The inauguration of Milei, a right-wing populist who has expressed admiration for Trump, is scheduled for Dec. 10. You will turn your country around and truly make Argentina great again,” Trump said in a video published on social media Tuesday. Milei has often been compared to Trump, whom he praised in an interview with former Fox News host Tucker Carlson earlier this year.

Persons: Donald Trump, Argentina’s, Javier Milei, Trump, “, Luis Majul, Jair Bolsonaro, Eduardo Bolsonaro, ” Milei, ” Trump, Milei, Tucker Carlson, Joe Biden, Biden Organizations: Trump, GOP, Fox News Locations: BUENOS AIRES, Argentina, American, Buenos Aires, United States, Milei

A large depreciation didn’t fully materialize; rather, the dollar’s value in the parallel retail market – popularly known as the “blue dollar” – increased some 13%. Milei, an outsider and right-wing populist, has also accused the Central Bank of recklessly printing money in order to fund public spending. The government has made access to foreign currency increasingly more stringent, which has caused the parallel market to flourish. “It isn’t exactly full, but there’s a lot in there,” she said, declining to provide her last name because trading foreign currency under the table is illegal. “Listening to the radio and looking on the internet, there isn’t any craziness about dollar, dollar, dollar,” he said.

Persons: Leandro Francisco Diana, Javier Milei, “, ”, Diana, Villa Crespo, Milei, Javier, Giselle, Argentina isn't, Maria Castiglioni, ” Castiglioni, Alexi Hoyos, Hoyos, ” Diana, videojournalist Mauricio Cuevas Organizations: U.S ., U.S, Central Bank, Radio Mitre Locations: BUENOS AIRES, Argentina, Buenos Aires, New York, Miami, Florida

☆ Argentina's new president Javier Milei thinks adopting the US dollar can rescue its screwed economy
▼ + stars: | 2023-11-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

He thinks replacing the peso with the dollar can tame hyperinflation and revive the battered economy. Prominent economist Steve Hanke — a champion of Milei's dollarization drive — posted on X after the results were announced that the candidate's proposal was "clearly a vote-getter." REBUILDING ARG'S ECONOMY = DOLLARIZATION. AdvertisementDespite its economic woes, Argentina's economy was worth $633 billion in 2022, making it the world's 23rd-largest economy. Critics of Milei's dollarization plans cite major challenges for Argentina against its backdrop of hyperinflation, economic crises, and political instability.

Persons: Javier Milei, —, Javier Milei's, Milei, Milei's, dollarize, Steve Hanke —, Milei’s, Steve Hanke, Milei's dollarization, There's, Markus Jaeger, Jaeger Organizations: Service, Johns Hopkins University, Argentine, Argentina, International Monetary Fund, Business Locations: Argentina, Argentine

Populist Javier Milei, a libertarian economist and self-described “anarcho-capitalist,” won a presidential runoff election on Sunday with 55.7% of the vote. He said Monday that he would move quickly to privatize the country's state-owned media outlets and look to do the same with other public companies. “Everything that can be in the hands of the private sector will be in the hands of the private sector,” Milei told Bueno Aires station Radio Mitre. Experts immediately questioned how far Milei would get in fulfilling that vision without the support of Argentina's National Congress, where his party holds a relatively small share of seats. Monday was a public holiday in Argentina so financial markets weren’t open, but the stocks of Argentine companies that trade in New York soared.

Persons: —, privatizations, Javier Milei, ”, ” Milei, Bueno, Mariano Machado, Milei, Diana Mondino, Cristina Fernández de Kirchner, YPF, Andrés Gil Domínguez, Mariel Fornoni, Gustavo Arballo, ” Arballo Organizations: Bueno Aires, Radio Mitre, Argentina's National, Americas, Verisk, Central Bank of, U.S, Central Bank, Argentine, Liberty, University of Buenos, Management, La Pampa National University Locations: BUENOS AIRES, Argentina, Argentina's, Central Bank of Argentina, New York, Argentine, University of Buenos Aires

☆ Can Argentina really move from the peso to the dollar?
▼ + stars: | 2023-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

2 economy and ditch its peso currency in favor of the US dollar. Milei must tackle inflation above 140%, a shortfall in foreign currency reserves and the prospect of another painful recession. Argentina’s financial markets are closed Monday for a local holiday, but the peso weakened slightly in partial trade to stand at around 353.58 to the US dollar. Bruno Gennari, Argentina expert at fixed income broker dealer KNG Securities, said the peso was trading at $1,009 versus the dollar on crypto exchanges Monday, considerably weaker than the $869 and $975 rates seen on Friday. Dollarization means Argentina would give up the peso and use the US dollar as its currency, effectively wresting control of monetary policy from the country’s central bank and handing it to the US Federal Reserve.

Persons: London CNN — Javier Milei, Sergio Massa, Milei, ” —, —, ” Milei, ”, “, Bruno Gennari, Javier Milei, Natacha, dollarization, ” William Jackson, “ It’s, Thierry Larose, ” Larose, Kristalina Georgieva, Jackson, — Valentina Gonzalez, Stefano Pozzebon, Olesya Dmitracova Organizations: London CNN, Libertad Avanza, Peronist, “, ” Financial, Argentine, State, Banco, Grupo Financiero Galicia, KNG Securities, US Federal Reserve, AP, Capital Economics, Vontobel, Management, CNN, Monetary Fund, Bank, IMF, Reuters Locations: Argentina, New York, Brazil, Mexico, Dollarization, Argentina’s, Zurich, dollarization, Washington, DC, Argentine

☆ Argentina election: Javier Milei and Sergio Massa compete in presidential run-off
▼ + stars: | 2023-11-19 | by ( David Shortell | Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Polls are open in Argentina for a high-stakes presidential run-off vote pitting far-right libertarian Javier Milei against the country’s left-leaning economy minister Sergio Massa. Both candidates were greeted warmly by supporters as they arrived to cast their votes Sunday, video from Reuters showed. Milei, dressed in a leather jacket, walked through a uproarious crowd of cheering spectators in Buenos Aires, clasping hands, waving and signing autographs. Milei, of the Liberty Advances coalition, arrives to vote in Buenos Aires, Argentina, Sunday, Nov. 19, 2023. Massa gestures as he speaks on the day of Argentina's runoff presidential election, in Tigre, on the outskirts of Buenos Aires, on November 19.

Persons: Javier Milei, Sergio Massa, Massa, ”, Matias Delacroix, Milei’s, Mariana Nedelcu, Jair Bolsonaro, CNN’s Stefano Pozzebon Organizations: CNN, Reuters, Liberty Advances, Former Locations: Argentina, Buenos Aires, Tigre, Bogota

☆ Peso dollarization: Milei’s victory in Argentina election puts the currency’s future in doubt
▼ + stars: | 2023-11-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

CNN —Libertarian Javier Milei’s victory Sunday in Argentina’s presidential run-off contest has far-reaching consequences for the country’s struggling economy, including the fate of the peso. A political outsider who ran on a promise to “break the status quo,” Milei’s economic platform rested on a desire to dollarize the Argentinian economy. Dollarization means the country would give up the Argentine peso and use the US dollar as its currency. Milei’s proposal to switch Argentina’s currency from the peso to the US dollar rests on the argument that the dollar is stronger than the peso and, unlike the peso, cannot be printed at will. Sergio Massa, the country’s current economy minister and Milei’s run-off opponent, had criticized the plan for dollarization as a surrender of national sovereignty.

Persons: Javier Milei’s, Sergio Massa, CNN’s Abel Alvarado Organizations: CNN, Argentine, Cato Institute Locations: Washington decisionmakers, Ecuador, El Salvador, Argentina, Washington , DC

☆ What to Know as Argentina Votes in a Pivotal Election
▼ + stars: | 2023-11-19 | by ( Jack Nicas | More About Jack Nicas | ) www.nytimes.com time to read: +1 min

For months, Argentina has been consumed by a single question. Mr. Milei, an economist and former television pundit, is facing off against Sergio Massa, Argentina’s center-left economy minister, in a runoff election. Mr. Massa led the election’s first round last month, with 37 percent to Mr. Milei’s 30 percent. The backdrop to the contest has been Argentina’s worst economic crisis in decades, with annual inflation surpassing 140 percent, behind only Lebanon and Venezuela globally. But the economic debate has been overshadowed by the rise of Mr. Milei, his eccentric personality and his radical ideas to remake the country.

Persons: Will Javier Milei —, Donald J, Trump, Milei, Sergio Massa, Mr, Massa Organizations: Argentine Locations: Argentina, Argentina’s, Lebanon, Venezuela

☆ Argentina election: Will Milei’s plan to ditch peso for the dollar be a vote-winner against Massa?
▼ + stars: | 2023-11-16 | by ( Analysis Stefano Pozzebon | ) edition.cnn.com time to read: +8 min

To fix the problem, Argentina should abandon the peso and adopt the dollar, whose value is set by the US Federal Reserve and cannot be printed at will. Massa has criticized the plan for dollarization as a surrender of national sovereignty and attempted to show that the government’s current actions are already paying dividends. Other mainstream politicians, including former the President Mauricio Macri and another former election candidate, Patricia Bullrich, have endorsed Milei despite sharing some reservations on dollarization. ET) and the vote count is expected to be quick – barring any unforeseen problems or objections, that is. Milei appeared to question the results of the first round of voting in October, although his party did not formally appeal.

Persons: Argentina’s, Sergio Massa, Javier Milei, Milei, Massa, dollarization, Pope Francis, “, Satan ”, Francis, Tucker Carlson, Milton Friedman, Argentinians, Mauricio Macri, Patricia Bullrich, Brazil’s Luiz Inácio Lula da Silva, Colombia’s Gustavo Petro, Spain’s José Luis Rodriguez Zapatero, Jair Bolsonaro, Mario Vargas Llosa, Mariano Rajoy, Donald Trump Organizations: CNN, Massa, Union por la Patria, Union, La Libertad, US Federal Reserve, Cato Institute Locations: Buenos Aires, Argentina, South America, Latin America, Ecuador, El Salvador, US, Argentina’s, Peruvian, Spanish

BUENOS AIRES, Argentina (AP) — As thousands of Taylor Swift fans eagerly lined up Thursday for the superstar’s first-ever concert in Argentina, they saw themselves surrounded by posters urging them to not vote in favor of right-wing populist Javier Milei in next week’s presidential election. “A Swiftie Doesn't Vote Milei,” read one of the posters, using the term commonly used to describe fans of the 12-time Grammy winner. “Taylor defends lots of positions and things that Milei doesn’t represent,” said 17-year-old Julieta Bracamontes. Milei “represents the antidemocratic right that comes to take away all our acquired rights,” the fan club said in a news release. But "it’s OK, I don’t think she’ll see it.”

Persons: Taylor Swift, Javier Milei, “, ”, “ Taylor, Julieta Bracamontes, Argentina’s Donald Trump, Trump, Constanza Trunsky, Swift, Milei, “ Massa, Sergio Massa, Milei’s, Swifties, Joe Biden ’, Milei “, Massa, Lucila, Malena Garachena Organizations: Trump, Economy, Milei Locations: BUENOS AIRES, Argentina, Buenos Aires, South America

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