Home Business news Javier Milei’s radical economic policies for Argentina met with protests

Javier Milei’s radical economic policies for Argentina met with protests

254

New libertarian president accused of drawing up a ‘battle plan against working people’

Thousands of protesters have poured on to the streets of Buenos Aires after Argentina’s new president announced a far-reaching emergency decree containing dozens of controversial economic measures – a move one prominent critic compared to the actions of an absolute monarchy.

Javier Milei, a radical libertarian economist who was inaugurated less than a fortnight ago, won power promising a dramatic shake-up of Argentina’s moribund economy amid rampant inflation and widespread poverty. On Wednesday night Milei appeared on television, flanked by 12 stony-faced ministers and top officials, to unveil a decree he claimed would haul the South American country out of “the economic hell we are now living through”.

Continue reading…New libertarian president accused of drawing up a ‘battle plan against working people’ Thousands of protesters have poured on to the streets of Buenos Aires after Argentina’s new president announced a far-reaching emergency decree containing dozens of controversial economic measures – a move one prominent critic compared to the actions of an absolute monarchy.Javier Milei, a radical libertarian economist who was inaugurated less than a fortnight ago, won power promising a dramatic shake-up of Argentina’s moribund economy amid rampant inflation and widespread poverty. On Wednesday night Milei appeared on television, flanked by 12 stony-faced ministers and top officials, to unveil a decree he claimed would haul the South American country out of “the economic hell we are now living through”. Continue reading…