In Buenos Aires, Argentina, a significant protest march took place against austerity measures and President Javier Milei. Milei has been a controversial figure, known for his libertarian policies and strong rhetoric, such as his campaign slogan, “I didn’t come here to lead lambs, but to awaken lions.” His recent speech at the World Economic Forum in Davos criticized globalist elites and was met with Klaus Schwab walking out during his address. At home, Milei is pushing for ambitious deregulatory reforms, including the elimination of privilege retirements for the president and vice president, a policy that notably affects former vice president Cristina Kirchner who was receiving 124 minimum retirements. However, his government faces resistance, with over 7,000 state employees laid off due to the austerity measures, and a general strike called for January 24th. Amidst these reforms, the privatization of the state-run oil company YPF has been a contentious issue. Initially part of Milei’s sweeping reforms, the privatization plan has been removed as negotiations continue in Congress, causing YPF’s shares to fall as much as 14% in New York.
Javier Milei wants to ignite a far-right cultural revolution in Argentina. https://t.co/E648TJxO7S
$YPF privatization scrapped short term as lawmakers don't agree on price
#Argentina: Oil Company YPF’s Privatization Scrapped From Milei Bill YPF privatization scrapped as Milei negotiates omnibus bill US-listed shares are whipsawed during New York trading hours #oott https://t.co/rtAoaM4nfU
Milei’s government is threatening to dock day’s pay from state workers participating in the general strike called for January 24th across Argentina. Over 7,000 state employees have been laid off due to austerity measures implemented in the country. https://t.co/ieQ63Ee1m1
The privatization of state-run oil company YPF is no longer included in the sweeping reforms President Javier Milei is trying to get approved by Argentina’s congress https://t.co/ulQ6UwyS3o
Shares of Argentina’s YPF fell as much as 14% in New York after the state-run oil company’s privatization was removed from President Javier Milei’s sweeping reforms https://t.co/iGdlGzAYI1
*YPF ADRS DOWN 4.7% AS FIRM CUT FROM MILEI'S PRIVATIZATION PLAN
*YPF FALLS AS MUCH AS 14% IN NY AS PRIVATIZATION SCRAPPED
Milei eliminates privilege retirements for the president and vice president. Cristina Kirchner was cashing in 124 minimum retirements. ¡AFUERA! https://t.co/FbCGgwpoGJ
Tyler Cowen asks: Will Milei succeed in Argentina? Like many of you, I am watching developments there to see if he can turn the country's fortunes around https://t.co/2TX4N0VvnK
#Latam Insights: #Argentina MIlei Blasts #Collectivism at #Davos, #Venezuelan #Petro Still Alive https://t.co/i6x1Fy6boz
Just watched Javier Milei's latest speech. Going to be fascinating if he can turn Argentina around with his libertarian policies. Would be amazing to see Buenos Aires experiencing an economic revival and become a thriving city on the rise. https://t.co/oYcM7zn11p
"Trade unions are central to the system Mr Milei seeks to tear down." ➡️ The fightback against Javier Milei’s radical reforms has begun https://t.co/F4R4KGZOJY from The Economist https://t.co/aeZmIcddy4
Argentina's libertarian President Javier Milei praised the virtues of free markets and warned political leaders about the dangers of collectivism in a speech at the World Economic Forum this week. https://t.co/x970SIL4qz
Argentina’s President Javier Milei has an ambitious de-regulatory agenda. Here’s what Milei has announced for the country so far... https://t.co/dWNEzOvMP6 @CatoPodcast https://t.co/sWxgpMIL8K
Argentina 🇦🇷 has all the minerals that are key to the energy transition, but it only produces lithium and a little zinc. If Milei’s policies carry across administrations, there are a lot of opportunities everywhere. https://t.co/vRGgnM0Kcg
Will Milei succeed in Argentina? https://t.co/JP6JGFs159
Maria Bartiromo: Klaus Schwab Got Up and Walked Out of Room During Argentina President Milei’s Speech at Davos Attacking Globalist Power-Hungry Elites via @gatewaypundit https://t.co/UzBccKvaxE
Javier Milei ran for office in Argentina under the slogan “I didnt come here to lead lambs, but to awaken lions”. Need more of this in America.
Huge march against austerity measures and Milei happening in Buenos Aires, Argentina. https://t.co/9WxD9XF9f0