President Javier Milei of Argentina is enacting sweeping economic reforms, including the elimination of privileged retirements for top officials, affecting Cristina Kirchner who was receiving 124 minimum retirements. The privatization of YPF has been halted, causing its US-listed shares to fall and whipsaw during trading. Milei's administration is confronting state workers with pay deductions for participating in the January 24th general strike and has laid off over 7,000 employees due to austerity. Milei plans to cut 27k ineligible welfare recipients, saving 2 billion pesos ($12 million USD) annually, and will propose new tax rules to increase income tax payers. His anti-statist stance was highlighted at the WEF. Argentina's unions have pledged a 'total strike'. The Argentine congress is set to vote on these economic reforms.
There’s a new narrative emerging. It’s happening on the global stage. Argentina’s new leader, @JMilei, is a self-described libertarian. He believes in the superiority of markets over central planning; and personal liberty over micromanaged conformity. This set him apart at… https://t.co/1xL2iYreBZ
Argentina’s congress is poised to start voting on a package of wide-ranging economic and government reforms proposed by President Javier Milei to shore up fiscal accounts and reduce the presence of the state in the economy. https://t.co/F2NYmiT1ow
In his inauguration speech, Argentine president Javier Milei acknowledged “the right to life, liberty, and property.” Those ideas of freedom are essentially identical to those named in the Declaration of Independence. Can the U.S. replicate Argentina's efforts to reduce big… https://t.co/1YDAkhrPOP
Chile Finance Minister Mario Marcel presented a proposal to clamp down on tax evasion and bolster government finances as part of plans to bankroll the administration’s social programs https://t.co/vG2oxN8BkJ
Amazing words from Milei. I’m in Argentina now. The swampy socialists are staging large-scale protests here tomorrow. They’re thinking short-term, not long-term. Walking around Buenos Aires, the smell of freedom is in the air. It’s happening. https://t.co/J2OiaWYWlo
Argentina’s unions pledge ‘total strike’ as Javier Milei pushes economic reforms https://t.co/FkHFc37jwB
Javier Milei’s far-right crusade is about ending Argentina's long national history of collective action, organized labor, and popular solidarity. https://t.co/E648TJxgik
President Javier Milei will propose new rules to increase the number of Argentines paying income tax as part of a strategy to shore up government finances https://t.co/7fYAz5Uogb
Kirchnerists in Berlin are organizing a protest in front of the embassy on the 24th (the day of the national strike). The group is called “Argentina no se vende” (Argentina is not for sale), and its leadership comes in style with a Flequillo Alert 🚨 https://t.co/c9XajUKJy7
After delivering an anti-statist speech at the WEF, 🇦🇷 Javier Milei's pro-freedom message extends to 🇮🇹 Italy, prompting activists to protest while donning masks featuring his face 👀 https://t.co/JgeRr0bsKt
The president of Argentina, Javier Milei, announced plans to cut 27k ineligible persons from welfare. The decision would save up to 2 billion pesos (12 million USD) annually. Follow: @AFpost https://t.co/RHJ3Qsu6gs
$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