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President Javier Milei

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world-news1 year ago

"Argentine President Javier Milei Embraces Jewish Heritage and Meets Elon Musk in Texas"

Argentinian President Javier Milei, known for his strong support of Israel, revealed during a visit to a synagogue in Florida that his grandfather was Jewish and that he received his values from Judaism. The Jewish community recognized him as an "international ambassador of light" due to his unwavering support for Israel. Milei was also presented with a yellow ribbon symbolizing remaining hostages by an Israeli-Argentinian citizen who was freed from Hamas captivity, and he posted a picture of the gift on Instagram. Rabbi Tzvi Grunblatt, who has headed Chabad in Argentina, praised Milei for his faith and spiritual values.

via Ynetnews|
#argentina#israel#jewish-heritage
politics1 year ago

"Assessing Javier Milei's Impact on Argentina's Economic Reforms"

Bloomberg's editor-in-chief, John Micklethwait, discusses his exclusive interview with Argentine President Javier Milei on the Big Take podcast, where they delve into Milei's controversial plans to overhaul Argentina's economic policies, including abolishing the central bank and adopting the dollar as the national currency, as well as his efforts to shift away from closer ties with China.

via Bloomberg|
#argentina#bloomberg#economic-policy
diplomatic-dispute1 year ago

Colombia Expels Argentine Diplomats Over Milei's Remarks on President Petro

Colombia has expelled Argentine diplomats in response to President Javier Milei's derogatory remarks about Colombian President Gustavo Petro, calling him a "terrorist" and a "murderer." The Colombian foreign ministry cited the deterioration of trust and offense to President Petro's dignity as reasons for the expulsion, which will be communicated through diplomatic channels. This is not the first time Milei has made offensive comments about Petro, straining relations between the two countries.

via DW (English)|
#argentina#colombia#diplomatic-dispute
politics1 year ago

"Argentina's Maverick Economist Milei Vows to Accelerate Economic Reforms Despite Opposition"

Argentine President Javier Milei delivered a fiery speech to Congress, vowing to accelerate his plans to overhaul the country's economy and solve its economic woes, challenging lawmakers to pass a new package of bills after an earlier version of his reform was rejected. Milei, a political outsider, aims to implement divisive economic reforms and austerity measures, including slashing government spending on politicians and cutting perks for corrupt officials. His aggressive stance has sparked protests and pushback among lawmakers, but he remains determined to bring about change, emphasizing the need to overhaul the economic model from its roots.

via Reuters Canada|
#argentina#congress#economic-reforms
religion-politics1 year ago

"Argentina's First Female Saint Canonized as President Milei Meets Pope"

Argentina's President Javier Milei and Pope Francis met for the first time at the canonisation of Argentina's first female saint, Mama Antula. The meeting comes amid political uncertainty and economic crisis in Argentina, with Milei advocating for drastic economic measures. The president, who had previously criticized the Pope, has softened his stance and is seeking to address the country's deep economic challenges.

via BBC.com|
#argentina#canonisation#economic-crisis
religion-and-politics1 year ago

"Pope Francis Meets Argentine President and New Saint Mama Antula"

Argentine President Javier Milei, known for his past derogatory remarks about Pope Francis, is set to meet with the pope at the Vatican on Feb. 12. The meeting signifies a significant shift in their relationship, with the pope initiating a call to congratulate Milei on his election. Despite their differing political views, the two men are expected to set aside their differences for the sake of their country and the Catholic faith. Milei's decision to attend the canonization of Argentina's first female saint at the Vatican further emphasizes his willingness to engage with the Catholic Church.

via National Catholic Reporter|
#argentina#diplomatic-meeting#pope-francis
economics1 year ago

"IMF Greenlights $4.7 Billion for Argentina's Ambitious Reforms"

The IMF has approved the disbursement of $4.7 billion to Argentina as part of a $44 billion program, supporting President Javier Milei's government in implementing austerity measures to stabilize the country's economy. IMF chief Kristalina Georgieva praised the government's bold actions while acknowledging the challenges inherited from the previous administration. The approval coincided with Argentina's lower house of Congress beginning a debate on Milei's mega-bill for economic and political reforms. The IMF also extended the program through 2024, with revised GDP forecasts reflecting the expected impact of the government's proposed reforms.

via DW (English)|
#argentina#austerity-measures#economic-crisis
politicseconomics1 year ago

"Argentina's Congress Set to Pass Sweeping Reform Bill Amid Political Debate"

Argentina's government is confident that its comprehensive economic reform bill, known as the "omnibus bill," will be approved in Congress after making concessions to remove divisive sections. President Javier Milei aims to overhaul the country's struggling economy, which is burdened by high debt, soaring inflation, and capital controls. The bill, a key part of Milei's reform plan, is expected to be debated in Congress after the government removed the key fiscal section following opposition. Despite market support, the government faces challenges in meeting deficit pledges and reversing an expected economic contraction.

via Reuters Canada|
#argentina#congress#economic-reform
politics2 years ago

"Argentina's President Milei Faces Nationwide Strike Over Economic Policies"

Thousands of Argentinian workers have staged a nationwide strike in protest against far-right President Javier Milei's radical economic and political reforms, which have led to extreme inflation and widespread economic hardship. Milei's measures, including currency devaluation and government spending cuts, have sparked fears of increased poverty and unemployment. Despite facing criticism and protests, Milei maintains broad support among Argentinians, with some viewing his reform measures as necessary, while others advocate for a more gradual approach to change.

via Al Jazeera English|
#argentina#economic-reforms#inflation
politics2 years ago

"Argentinians Nationwide Strike Against President Milei's Austerity Policies"

Argentina's libertarian President Javier Milei faced a one-day general strike protesting his decree targeting unions and proposals for economic and labor law changes. The strike, organized by the biggest union CGT, was joined by other unions, social groups, and political opponents. Milei, known for his austerity agenda, aims to reduce state spending and limit union power. Despite triple-digit inflation and a steep devaluation of the peso, Milei remains popular, but the strike reflects growing opposition to his rapid and dramatic reforms.

via The Associated Press|
#argentina#economic-reforms#general-strike
politics2 years ago

"Elon Musk and Argentine President Milei Challenge Davos Elites with Unconventional Approaches"

Elon Musk praised Argentina's new president, Javier Milei, with a racy meme on social media, depicting Milei's speech as an aphrodisiac. Milei, a self-described anarcho-capitalist, warned against socialism and advocated for free enterprise capitalism during his speech at the World Economic Forum. Musk and other right-leaning figures have praised Milei, who is working to address Argentina's economic crisis and inflation while promoting austerity measures and anti-establishment populism.

via New York Post |
#argentina#capitalism#elon-musk
economics2 years ago

"Argentina's Inflation Skyrockets to 211%: Economic Crisis Deepens"

Argentina's annual inflation reached 211.4% in 2023, the highest in 32 years, driven by shock measures including a 50% currency devaluation by President Javier Milei. The monthly inflation rate for December was 25.5%, slightly below the government's forecast of 30%. Milei aims to stabilize macroeconomic variables and eventually dollarize the economy, but acknowledges the initial negative impact on employment, wages, and poverty levels, with an estimated 40% of the population living in poverty. Food, beverages, and medications saw significant price increases, contributing to the soaring inflation.

via ABC News|
#argentina#devaluation#economics
economics2 years ago

"Argentina's Inflation Skyrockets to Over 200%, Surpassing Decades-Long Record"

Argentina's annual inflation rate has surged past 211% in December, reaching its highest level since the early 1990s, as new President Javier Milei aims to tackle hyperinflation with tough austerity measures. The monthly inflation rate hit 25.5%, slightly below forecasts, following a sharp devaluation of the peso currency. Many Argentines are feeling the impact, with retirees and citizens already in poverty struggling to afford basic necessities as prices soar. Milei has warned that it will take time to address the situation, and the country may face further challenges before improvement.

via NBC News|
#argentina#austerity-measures#economics