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☆ Explainer: What do we know about Israeli hostages in Gaza?
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +4 min

According to Israeli media and the Israeli government, up to 40 hostages being held are children, including a 10-month-old baby and preschoolers. The Israeli military said earlier this month that it recovered the bodies of two hostages in Gaza City, including 19-year-old soldier Noa Marciano. The Israeli military has said it found evidence that some hostages were held at or under hospitals. The military released video that it said also showed militants forcing two hostages into Shifa hospital on Oct. 7. Hamas released another video in October that showed three women hostages denouncing Israeli Prime Minister Benjamin Netanyahu.

Persons: Amir Cohen, Judith Raanan, Natalie Raanan, Nurit Cooper, Yocheved Lifshitz, Ori Megidish, Noa Marciano, Marciano, Lifshitz, Benjamin Netanyahu, HOW, Netanyahu, Cynthia Osterman, Deepa Babington Organizations: REUTERS, Hamas, WHO, Islamic, Israel Defence Forces, Reuters, Thomson Locations: Gaza, Tel Aviv, Israel, U.S, Thailand, Britain, France, Argentina, Germany, Chile, Spain, Portugal, Gaza City, Al Shifa, Jerusalem

☆ Dollarization will provide an 'incredible boost' to Argentina's economy, veteran emerging-markets investor says
▼ + stars: | 2023-11-22 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

A plan by Argentina's president-elect to dollarize the economy won the backing of Mark Mobius. The veteran emerging-market investor said the currency shift would be an "incredible boost" for the economy. The comments from the veteran emerging-market investor come after Javier Milei won Argentina's presidency over the weekend, bringing his dollarization plans a step closer to reality. Dollarization critics have warned that a sudden currency switch could trigger a recession, citing a shortage of dollar reserves at Argentina's central bank. AdvertisementMobius also warned that the current condition of Argentina's economy has made investing there difficult.

Persons: Mark Mobius, —, Javier Milei, Milei, Mobius, Milei's, it's Organizations: Service, Bloomberg, Argentina's, Mobius, Federal Reserve Locations: Argentina, Argentina's

☆ Brazil vs. Argentina: Historic World Cup qualifier is overshadowed by violence and chaos at the Maracanã stadium
▼ + stars: | 2023-11-22 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Brazil suffered its first ever home World Cup qualifying defeat on Tuesday, as Argentina earned a 1-0 win on a night of violence and chaos at the iconic Maracanã stadium. However, the match was overshadowed by violence in the stands which delayed the start of the World Cup qualifier. The Inter Miami forward first led his teammates over to the stand where the fighting was taking place and pleaded with both the police and Argentina fans – some of who were seen throwing ripped out seats at the security officials – for calm. “The truth is that this group continues to achieve historic things, once again,” Messi told reporters after the match, per Reuters. Wagner Meier/Getty ImagesThere are 18 rounds in South America’s World Cup qualifying system, with the top six teams progressing to the 2026 event while the seventh-placed country will go into the FIFA play-off tournament, which will involve six countries from other continents.

Persons: Nicolas Otamendi’s, Lionel Messi, –, Aston, Emi Martinez, Ricardo Moraes, Messi, “, ”, ” Messi, Lionel Scaloni, ” Scaolini, “ It’s, Fernando Diniz, Wagner Meier, CNN’s Duarte Mendonça Organizations: CNN, The Inter Miami, Aston Villa, Brazilian Football Confederation, FIFA –, CONMEBOL, CBF, RJ Military Police, Argentine, didn’t, Reuters, Argentina, Fluminense, Copa Libertadores, FIFA Locations: Argentina, Brazil

☆ 'There's No Money': Argentina's Milei Doubles Down on Economic Shock Therapy
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

BUENOS AIRES (Reuters) - Argentina's libertarian President-elect Javier Milei is sticking by his plans for economic "shock" therapy to fix the country's myriad crises from triple-digit inflation to rising poverty and a dearth of foreign currency reserves. There's no money," Milei told local outlet Neura Media. "I will make a shock adjustment and I will put the economy in a fiscal balance. "A fiscal balance is non-negotiable. The fiscal balance is not under debate.

Persons: Javier Milei, Milei, Sergio Massa, Horaci Soria, Adam Jourdan, Chizu Nomiyama Organizations: BUENOS AIRES, Reuters, Neura, Peronist Economy Locations: BUENOS, Argentina, South America's

☆ 'There's no money': Argentina's Milei doubles down on economic shock therapy
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

BUENOS AIRES, Nov 22 (Reuters) - Argentina's libertarian President-elect Javier Milei is sticking by his plans for economic "shock" therapy to fix the country's myriad crises from triple-digit inflation to rising poverty and a dearth of foreign currency reserves. There's no money," Milei told local outlet Neura Media. "I will make a shock adjustment and I will put the economy in a fiscal balance. "A fiscal balance is non-negotiable. The fiscal balance is not under debate.

Persons: Javier Milei, Milei, Sergio Massa, Horaci Soria, Adam Jourdan, Chizu Organizations: Neura, Peronist Economy, Thomson Locations: BUENOS AIRES, Argentina, South America's

☆ Fact Check: Image of Argentina’s new VP wearing white dress is digitally altered
▼ + stars: | 2023-11-22 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

An image of Argentina’s newly elected Vice-President Victoria Villarruel wearing a white dress alongside her running mate Javier Milei is digitally altered. In the original photograph, Villarruel was pictured wearing a suit jacket. In the unaltered photograph, Villarruel was wearing a light blue blazer, not a long white dress. The unaltered photograph was published by various Argentinian outlets including El Tribuno and El Diario Argentina. The original photo shows Victoria Villarruel wearing a suit jacket, not a white dress.

Persons: Victoria Villarruel, Javier Milei, Villarruel, El Tribuno, Milei, Sergio Massa, Read Organizations: Facebook, Twitter, El, El Diario, YouTube, Argentine Nation, Congress, La, Economy, Reuters, Thomson Locations: Villarruel’s, El, El Diario Argentina, La Nacion

☆ Violent clashes mar Brazil v Argentina World Cup qualifier
▼ + stars: | 2023-11-22 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - World Cup - South American Qualifiers - Brazil v Argentina - Estadio Maracana, Rio de Janeiro, Brazil - November 21, 2023 Fans clash with security staff in the stands causing a delay to the start of the match REUTERS/Ricardo Moraes Acquire Licensing RightsRIO DE JANEIRO, Nov 21 (Reuters) - The start of the World Cup qualifier between Brazil and Argentina was delayed by half an hour after violent clashes between police and visiting fans at Maracana Stadium on Tuesday. Some Argentina fans responded by ripping up and throwing seats at the officers as nearby fans panicked and came onto the pitch to escape the fighting. One Argentina fan lay prone on the pitch with a bloodied face before being taken from the stadium on a stretcher. On Tuesday, the Argentina players eventually returned once the police had corralled the visiting fans in a pen and the match started after a lengthy delay. It was a third straight defeat for five-times World Cup winners Brazil, who had midfielder Joelinton sent off 18 minutes from time.

Persons: Ricardo Moraes, Lionel Messi, Messi, Nicolas Otamendi, Joelinton, Fernando Kallas, Nick Mulvenney, Stephen Coates Organizations: Soccer, Estadio Maracana, REUTERS, DE, Maracana, Argentina, Libertadores, Argentina's Boca Juniors, Brazil's Fluminense, Copa Libertadores, Brazil, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO

☆ Argentina hand Brazil third straight loss after crowd trouble at Maracana
▼ + stars: | 2023-11-22 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

"The truth is that this group continues to achieve historic things, once again," Argentina captain Lionel Messi told reporters. "It is something very nice to be able to win here in Brazil, after how strong they have been at home throughout their history." Brazil were arguably the better side and almost scored from a corner just before halftime through a Gabriel Martinelli strike that defender Christian Romero cleared off the goal line. They wasted a golden opportunity to score in the 47th minute when Martinelli missed an absolute sitter, striking a close-range shot straight at the goalkeeper. Reporting by Fernando Kallas, editing by Nick MulvenneyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicolas Otamendi, Lionel Messi, Gabriel Martinelli, Christian Romero, Vinicius Jr, Marquinhos, Martinelli, Otamendi, Celso, Joelinton, Rodrigo de Paul, Fernando Kallas, Nick Mulvenney Organizations: RIO DE, Brazil, Argentina, Thomson Locations: RIO DE JANEIRO, Argentina, Brazil

☆ Mining company sees 'plenty of potential' in Argentina to support EV battery metals demand
▼ + stars: | 2023-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMining company sees 'plenty of potential' in Argentina to support EV battery metals demandArvind Misra of Belararox discusses their business expansions in unexplored areas in Argentina to meet growing demand for metals used to produce electric vehicle batteries.

Persons: Arvind Misra, Belararox Organizations: Email Mining Locations: Argentina

German Chancellor Olaf Scholz attends as Italian Prime Minister Giorgia Meloni speaks during a news conference at the Chancellery in Berlin, Germany, February 3, 2023. With Scholz from the centre-left Social Democrats and Meloni from the rightist Brothers of Italy, the two leaders and their governments make for unlikely allies. These include the construction of a pipeline to transport gas and hydrogen between the two countries and approaches to tackle illegal migration. The German stance on illegal migration has converged more with the Italian one. In the plan, Berlin and Rome pledge to enhance regular dialogue - for example through meetings of their defence and foreign ministers - and coordinate more closely on key policies in general.

Persons: Olaf Scholz, Giorgia Meloni, Christian Mang, Giorgia, Scholz, Meloni, India's, Angelo Amante, Andreas Rinke, Sarah Marsh, Nick Macfie Organizations: REUTERS, Italian, Social Democrats, Meloni, Reuters, Thomson Locations: Berlin, Germany, BERLIN, Italy, Europe, Ukraine, Albania, Rome, France

☆ For Argentina, Dollarization May Work Better on YouTube Than in Reality
▼ + stars: | 2023-11-21 | by ( Jon Sindreu | ) www.wsj.com time to read: 1 min

Javier Milei wants to adopt the U.S. dollar as Argentina’s national currency. Photo: Luciano GonzALez Torres/Xinhua/Zuma PressArgentina’s anarcho-capitalist president-elect is right that the country desperately needs dollars. But his economic plan for getting them may be the wrong one. Javier Milei ’s victory over Economy Minister Sergio Massa in Sunday’s presidential election showed how eager Argentines are to embrace change. Milei, an outsider who became popular on YouTube and TikTok, has promised to “chain saw” public spending, eschew China-friendly overtures and, most eye-catchingly, “burn down” the central bank and adopt the U.S. dollar as the national currency.

Persons: Javier Milei, Luciano GonzALez Torres, Javier Milei ’, Sergio Massa Organizations: U.S, Xinhua, Zuma Press, Economy, YouTube Locations: Sunday’s, tatters, China

☆ Argentina President-Elect Milei Meets Outgoing Fernandez After Election Win
▼ + stars: | 2023-11-21 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - Argentinian President-elect Javier Milei arrived on Tuesday morning at the presidential residence in the suburbs of Buenos Aires to meet outgoing Peronist leader Alberto Fernandez, to begin a transition that looks likely to be complex. Local television showed the arrival of Milei, a libertarian who has pledged to privatize public firms, eliminate the central bank and dollarize the economy, at the presidential residence in Olivos. Fernandez failed to tame inflation heading towards 150%. Spokespeople for Milei and for Fernandez declined to give further details about the meeting. Milei, an outsider libertarian who has rattled the South American country's political landscape with his abrupt rise, beat Peronist Sergio Massa in a run-off election on Sunday.

Persons: Javier Milei, Alberto Fernandez, Fernandez, Peronist Sergio Massa, Nicolas Misculin, Nick Macfie Organizations: BUENOS AIRES, Reuters, Peronist Locations: BUENOS, Buenos Aires, Olivos, China, Brazil

☆ China says would be 'serious mistake' if Argentina cuts ties
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Nov 21 (Reuters) - The Chinese foreign ministry said on Tuesday that it would be a "serious mistake" in Argentina's diplomacy if the South American nation were to cut ties with major countries like China or Brazil. China is an important trading partner for Argentina, and its elected government attaches great importance to relations with China, Chinese foreign ministry spokesperson Mao Ning said at a regular news conference. The right-wing libertarian has criticised China and Brazil, saying he won't deal with "communists," and favours stronger U.S. ties. Mondino also told RIA Novosti that Argentina would "stop interacting" with the governments of China and Brazil, when asked whether Argentina would encourage exports and imports with those countries. "China is willing to continue to work together with Argentina to promote the stability and long-term development of bilateral relations."

Persons: Mao Ning, Javier Milei, Diana Mondino, Mondino, Mao, Ethan Wang, Ryan Woo, Christopher Cushing, Edwina Gibbs Organizations: Argentina, RIA Novosti, Thomson Locations: BEIJING, China, Brazil, Argentina, Russia, India, South Africa

☆ How Argentina's presidential election will impact on the global economy
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Argentina's presidential election will impact on the global economyCNBC's Michelle Caruso-Cabrera joins 'Power Lunch' to discuss what the Argentine election means for the country and global economy.

Persons: Michelle Caruso, Cabrera Locations: Argentine

☆ China says it would be a 'huge foreign policy mistake' for Argentina to cut ties
▼ + stars: | 2023-11-21 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Argentine presidential candidate for the La Libertad Avanza alliance Javier Milei speaks to supporters after winning the presidential election runoff at his party headquarters in Buenos Aires on November 19, 2023. China on Tuesday issued a warning to Argentina that it would be a "huge foreign policy mistake" for Buenos Aires to cut ties, shortly after right-wing libertarian Javier Milei secured victory in the South American nation's presidential runoff. The president-elect said Argentina would no longer work with "communist" regimes, reportedly likened Beijing's government to an "assassin" and said the people of China were "not free." China's Foreign Ministry Spokesperson Mao Ning said on Tuesday that bilateral relations had shown "sound momentum," adding that Beijing "stands ready to work with Argentina to keep our relations on a steady course." "No countries could step out of diplomatic relations and still be able to engage in economic trade and cooperation," Mao said.

Persons: Javier Milei, Sergio Massa, Mao Ning, Mao Organizations: Argentine, La Libertad, American, Peronist Economy, China's Foreign Locations: Buenos Aires, China, Argentina, Beijing

Goalkeeper Dibu Martinez raced to one of the rails in front of the Argentina fans to ask police to stop the violence. Brazil fans, who jeered and applauded Messi before the brawl began, chanted against him when he returned to the pitch. Argentina leads South American World Cup qualifying with 12 points from five games. The rivalry between Brazil and Argentina started at the club level and grew after the Argentinians won their first World Cup title in 1978. The reginal rivals have since played fierce matches in World Cup qualifying and in Copa America, but not in World Cups.

Persons: — Lionel Messi, Dibu Martinez, jeered, Messi, Diego Maradona, Brazil's Organizations: RIO DE, American, Argentina, Police, Inter Miami, South, Argentinians, Copa America, Messi, Brazil's Fluminense, Copa Libertadores, Boca Juniors, ___ Locations: RIO DE JANEIRO, Argentina, Brazil, Rio de Janeiro, Argentine, Barcelona, Copa, Qatar, Croatia

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

☆ Election victory of Argentina's Milei greeted globally by mix of hostility and support
▼ + stars: | 2023-11-21 | by ( Steven Grattan | ) www.reuters.com time to read: +3 min

Asked for his reaction on Tuesday, Mexico's leftist President Andres Manuel Lopez Obrador said he respected the voters' verdict, but added that he believed Milei's win is unlikely to alleviate Argentina's problems. But other leftist Latin American leaders were more supportive. Chilean President Gabriel Boric and Brazil's President Luiz Inacio Lula da Silva both extended best wishes to Milei. Lula's congratulations came despite Milei's harsh criticism of the Brazilian leader on the campaign trail, where at one point Milei labeled Lula an "angry communist" and corrupt. Milei found enthusiastic support among right-wing populists, including former U.S. President Donald Trump and former Brazilian President Jair Bolsonaro, who Lula narrowly defeated last year.

Persons: Javier Milei, Alberto Fernandez, Andres Manuel Lopez Obrador, Milei's, Lopez Obrador, Evo Morales, Gustavo Petro, Gabriel Boric, Luiz Inacio Lula da Silva, Milei, Lula's, Lula, Vladimir Putin, Donald Trump, Jair Bolsonaro, I'm, Argentina's, Nayib Bukele, Bukele, Steven Grattan, David Alire Garcia, Rosalba O'Brien Organizations: Peronist, Colombian, Ukraine, U.S, Sao Paulo, Thomson Locations: China, Argentina, Buenos Aires, Venezuela, Colombia, Chilean, Moscow, Russia, Beijing, Sao

Messi's Inter Miami will travel to Saudi Arabia in February to take part in the Riyadh Season Cup, which also includes Ronaldo's Al Nassr. Saudi Arabia has made a major push to be a big player in world soccer by signing some of the game's biggest players. Political Cartoons View All 1260 ImagesMessi took part in last season's Riyadh Season Cup with PSG and also came up against Ronaldo after the Portugal great's surprise move to Al Nassr. In May, Messi was fined and suspended by the French club for taking an unauthorized trip to Saudi Arabia. The Riyadh Season Cup is scheduled to be held in the first week of February at Kingdom Arena.

Persons: Lionel Messi, Cristiano Ronaldo, Al Nassr, Neymar's Al, ”, Turki Alalshikh, Messi, Germain, Ballon, David Beckham, Ronaldo, Sadio Mane, Sergej Milinkovic, Savic, Chris Henderson, Henderson, “, ” Henderson, Tim Reynolds, ___ James Robson Organizations: Messi's Inter Miami, Brazil, Saudi General Entertainment Authority, Paris Saint, MLS, PSG, Ronaldo, Miami, Leagues, Real, Copa America, Inter Miami, U.S, Inter Miami didn’t Locations: MANCHESTER, England, Saudi Arabia, Riyadh, Hilal, Paris, Portugal, Argentina, Barcelona, Real Madrid, Saudi, Al, China, Miami

Milei's dollar plans, however, put pressure on the embattled peso currency, which is held in check by strict capital controls. The official exchange rate is near 350 per dollar, but dollars trade well over twice that in popular parallel markets. Milei said in the run-up to the election he wanted to ditch the peso altogether in favour of the dollar. Milei had also heavily criticised China and Brazil in the runup to the elections, two of Argentina's main trading partners. China said on Tuesday it would be a "serious mistake" if Milei opted to cut ties between the two countries.

Persons: dollarization, Javier Milei, Miel, Milei, Morgan Stanley's, Viktor Szabo, Banks, Banks Grupo Supervielle, Marc Jones, Elizabeth Howcroft, Mayur Kamdar, Karin Strohecker, Bernadette Baum, Emelia Organizations: Argentina, Abrdn, U.S ., Banks Grupo, Banco, Banco BBVA Argentina, Grupo Financiero, Thomson Locations: BUENOS AIRES, MERV, London, Argentina, U.S, Grupo Financiero Galicia, China, Brazil

☆ Putin says BRICS could help reach political settlement in Gaza conflict
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

Russian President Vladimir Putin takes part in a press conference during the 15th BRICS Summit, via video link in Moscow, Russia, August 24, 2023. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo Acquire Licensing RightsMOSCOW, Nov 21 (Reuters) - Russian President Vladimir Putin called on Tuesday for a political solution to the Israeli-Palestinian conflict and said regional states and members of the BRICS group of countries could be involved in efforts to reach such a settlement. In televised comments to a virtual BRICS summit, Putin once again blamed the Middle East crisis on the failure of U.S. diplomacy in the region. "We call for the joint efforts of the international community aimed at de-escalating the situation, a ceasefire and finding a political solution to the Palestinian-Israeli conflict. And the BRICS states and countries of the region could play a key role in this work," Putin said.

Persons: Vladimir Putin, Mikhail Klimentyev, Putin, Israel, Mark Trevelyan, Gareth Jones Organizations: Sputnik, REUTERS, Rights, United, United Arab Emirates, Reuters, Thomson Locations: Moscow, Russia, Kremlin, Brazil, India, China, South Africa, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, United Arab, Gaza, Israel, Nazi Germany, Leningrad, Palestine

☆ Argentina Gambles on Milei
▼ + stars: | 2023-11-20 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week’s best and worst from Kim Strassel, Kyle Peterson, Mary O'Grady and Dan Henninger. Images: AP/AFP/Getty Images/Reuters/Zuma Press Composite: Mark KellyWhen there’s no real alternative, there’s no problem, as the saying goes. And that may be the logic of Argentina voters on Sunday who rejected the catastrophe of Peronist rule in favor of impulsive and charismatic outsider Javier Milei , who promised what for Argentina is the radical change of free-market economics. Mr. Milei, a Congressman and self-described libertarian, won the Presidency in a rout with 56% of the vote to 44%. He defeated Sergio Massa , the incumbent economic minister and architect of the policies that have produced runaway inflation, declining living standards, a government shedding foreign reserves, and the worst economic crisis in decades.

Persons: Kim Strassel, Kyle Peterson, Mary O'Grady, Dan Henninger, Mark Kelly, Javier Milei, Milei, Sergio Massa Organizations: Getty, Zuma, Sunday Locations: Argentina

☆ Shirts worn by Messi at 2022 World Cup expected to fetch record price at auction
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

Nov 20 (Reuters) - Six shirts worn by Lionel Messi during Argentina's triumphant run at the 2022 World Cup are expected to become the "most valuable collection of sports memorabilia" when bidding opens later this month, auction house Sotheby's said. The collection includes the shirt he wore during the first half of the final in Qatar. "The extraordinary collection is estimated in excess of $10 million, with the sale poised to become the most valuable collection of sports memorabilia at auction," Sotheby's said in a statement. Bidding for the white and sky blue shirts will be open from Nov. 30 to Dec. 14, coinciding with a public exhibition to showcase the collection. "The extraordinary collection is estimated in excess of $10 million, with the sale poised to become the most valuable collection of sports memorabilia at auction," Sotheby's said in a statement.

Persons: Lionel Messi, Argentina's, Sotheby's, Sant Joan de Déu, Leo Messi, Agustin Marcarian, Michael Jordan’s, Tommy Lund, Pritha Sarkar Organizations: Barcelona Children’s Hospital, Leo Messi Foundation, Soccer Football, Estadio, REUTERS, Reuters, Thomson Locations: Qatar, Barcelona, Argentina, Uruguay, Buenos Aires, Gdansk

☆ Libertarian Javier Milei Is Elected President of Argentina
▼ + stars: | 2023-11-20 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Libertarian Javier Milei Is Elected President of ArgentinaJavier Milei, a political outsider who pledged to flatten Argentina’s political establishment, won the presidency on Sunday. Milei, a self-described anarcho-capitalist, defeated ruling party candidate Sergio Massa. Photo: Tomas Cuesta/Getty Images

Persons: Javier Milei, Argentina Javier Milei, Sergio Massa, Tomas Cuesta Organizations: Getty Locations: Argentina

☆ Argentina’s Economic Turmoil Is Getting Worse. These Charts Explain Why.
▼ + stars: | 2023-11-20 | by ( Santiago Pérez | Roque Ruiz | ) www.wsj.com time to read: 1 min

Argentine president-elect Javier Milei will take office in early December. Photo: agustin marcarian/ReutersArgentina has long been trapped in recurring cycles of deep and destructive economic contractions brought on by policies that force governments to routinely spend more than they collect through taxes and other income, economists say. President-elect Javier Milei will take office in early December with the task of reversing unsustainable spending policies that have depleted government coffers and caused inflation and interest rates to soar.

Persons: Javier Milei, agustin marcarian Organizations: Reuters Locations: Reuters Argentina

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