"Argentina's New President, Javier Milei, Unveils Economic Measures"

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Source: USA TODAY
"Argentina's New President, Javier Milei, Unveils Economic Measures"
Photo: USA TODAY
TL;DR Summary

Javier Milei, a former television celebrity and economist, has been sworn in as Argentina's new president. Known for his eccentricity and brash rhetoric, Milei has drawn comparisons to former President Donald Trump. In his inaugural speech, he lamented the state of Argentina's economy and warned of upcoming austerity measures. Milei, a self-described "anarcho-capitalist," plans to eliminate the Central Bank, replace the depreciating peso with the U.S. dollar, and focus on reforming the state rather than the private sector. He has been embraced by far-right leaders and supporters disillusioned with the country's economic situation.

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