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Javier Milei's - 1 Senate Victoria Villarruel - 1 Villarruel - 1 — - 1 Javier Milei - 1
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Buenos Aires Times - 2 National Congress - 1 Argentina's - 1 Lawmakers - 1 Senate Victoria - 1 Getty - 1 Argentine - 1 greenback - 1

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☆ Argentina's Senate passes Milei's economic reform bill as protesters clash with riot police
  + stars: | 2024-06-13 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +1 min
Aerial view of a fire during a protest outside the National Congress in Buenos Aires on June 12, 2024. Argentina's Senate narrowly passed President Javier Milei's sweeping economic reform bill, delivering a tentative legislative victory to the right-wing leader even as protesters clashed with riot police. Lawmakers in Argentina's upper house on Wednesday voted 37 to 36 to approve the bill after a marathon debate, with Vice President and head of the Senate Victoria Villarruel casting the deciding vote in favor of Milei's economic measures. The reform bill is a core tenet of Milei's push to revive the country's crisis-stricken economy. "Today there are two Argentinas," Argentina's vice president said, according to Reuters.
Persons: Javier Milei's, Senate Victoria Villarruel, Villarruel Organizations: National Congress, Argentina's, Lawmakers, Senate Victoria, Getty, Buenos Aires Times, Reuters Locations: Buenos Aires, Argentina
☆ Argentina's currency crisis is so dire that it's allowing people to open bank accounts using the Chinese yuan
  + stars: | 2023-07-03 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Argentina is allowing commercial banks to open deposit accounts in the Chinese yuan. The country is facing a drastic shortage in the US dollar, a major currency used in global trade. The Central Bank of Argentina said in a Thursday statement on its website that it is allowing the Chinese yuan as a form of currency in savings and checking accounts. The move complements the country's securities regulator announcing that Argentina can issue securities in the Chinese currency, the central bank added. Javier Milei, a leading presidential candidate, has proposed replacing the peso with the greenback as Argentina's local currency to tame inflation.
Persons: —, Javier Milei Organizations: Argentine, greenback, Service, Central Bank of, International Monetary Fund, Buenos Aires Times, Bloomberg, Reuters Locations: Argentina, Central Bank of Argentina, China, Beijing, internationalize, Argentine
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