Move aims at clearing short-term central bank debt which is almost 10% of South American country’s GDP
Early days of radical libertarian’s government combine improvisation with orthodox economic policies
Move comes as demonstrations are expected to grow as social groups react to new president Javier Milei’s austerity plans
Lawmaker from Milei’s party says ‘fragmented’ congress means compromises needed to govern
New government aims to balance budget by end of 2024 after currency devalued as part of ‘shock therapy’
New president frames struggle against soaring inflation and chronic overspending in mystical terms
Radical economist says pulling South American nation out of decline will be titanic challenge
Incoming president tasked with fixing one of world’s most distorted economies without blowing it up
Milei’s appointment of ex-finance minister cheers markets but he faces an immense challenge
Markets boosted by choice of Luis Caputo, former finance minister from centre-right bloc
US relationship likely to be crucial for president-elect’s plans for country’s economy
South American president-elect faces different task from his fellow populists, who rushed to hail his victory
Libertarian president-elect signals approach in keeping with ‘market situation’
The new Argentine president’s ‘anarcho-capitalism’ undermines the idea of a unified “Global South”
Unions oppose Thatcher-loving libertarian’s plans to remove companies from state ownership
President-elect Javier Milei despises the establishment — apart from the unpopular ex-leader who helped him win power
President-elect faces huge economic challenges without congressional majority
Insurgent libertarian has big plans but must work around his lack of congressional majority to deliver radical policies
Also in this newsletter: uproar at OpenAI, NHS drug deal, Bayer shares dives after trial failure
Former television commentator vows ‘drastic’ changes to crisis-hit economy as voters swing to the right
Lack of congressional majority and dire economic problems pose huge challenge for insurgent president-elect
Run-off between embattled economy minister and radical libertarian set to produce ‘outlier’ result
Formal accusation from libertarian outsider raises tensions ahead of election
Libertarian Javier Milei repeats promise to abolish central bank in attack on Peronist minister Sergio Massa
Libertarian seeks less eccentric image as he competes for moderate voters with economy minister Sergio Massa
International Edition