Argentine President Javier Milei has announced the dismissal of all officials hired after January 1, 2023, leading to approximately 7,000 civil servants losing their jobs. Milei has also issued decrees to speed up reforms, reinstate taxes on salaries, and modernize the electoral process. His aggressive economic reforms, including allowing companies to pay workers in milk or meat, privatizing banks and state-owned trains, and devaluing the peso, have sparked protests and security costs for organizers. Inflation in Argentina has surged, with a projected annual rate of 210.3%, and prices of essential items like chocolate and beef have risen significantly. Milei's actions have polarized opinions, with some praising his efforts to shrink the state and unshackle the oil and gas industry, while others criticize his policies and compare him to Hitler for removing price controls.
The self-described anarcho-capitalist president of Argentina devalued the peso, halved government ministries, and announced a series of spending cuts since taking office earlier this month. https://t.co/7EDyTvnVFM
President-elect Javier Milei is quickly toning down his aggressive rhetoric toward Argentina’s largest trading partners, raising the prospect that his administration may not be so disruptive for international affairs https://t.co/ULaLvnhzUa
Buenos Aires protests against President Milei's economic reforms have incurred a security bill of £57,500 for the organisers. https://t.co/p8hwRoutjV
Train workers in Argentina protest the privatization of state-owned trains by Javier Milei’s government. When this wide-scale privatization was tried in the 90s, it ended with mass layoffs. The state-owned airline Aerolíneas Argentinas was privatized and ran into the ground. https://t.co/utnl36XLP3
can’t wait to argue with my dad about javier milei, who he believes is doing a great job. he was anti trump so this is a bit surprising
Ecolatina is projecting that month-on-month inflation in Argentina will be around 25% — up from 12.8% in November — which would take the annual rate to 210.3%. Beef, the centrepiece of many Christmas dishes & New Year’s Eve barbecues, has risen 40% to roughly 6,000 pesos per… https://t.co/SpTIN1jcwX
Milei comes in slashing government. Half of the government ministries are being shut down. Milei devalued the official exchange rate of the Peso so it matches the black market rate. He also made an important change where companies no longer need permission to import products.… https://t.co/903PA7l2aT
Javier Milei announced a package of 10 radical reforms to shrink the state. The violent left-wing unions, of course, threatened to riot. Nothing yet on dollarization or the central bank — they’re still at the triage stage. And things will get worse before they get better. But… https://t.co/kMHwFPK4NH
Milei has done more weeks to drain Argentina’s swamp than Trump was able or willing to do in four years. Milei is a political outsider. Their deep state despises and threatens him. But he understands power and personnel, and doesn’t crave love and acceptance from enemies.
The utter derangement that Milei is causing on here is incredible. People are literally comparing him to Hitler for removing price controls. It makes me all the more interested in seeing how Argentine shock therapy plays out. Everything I’ve heard about the Peronist system…
The April 2023 election of libertarian Javier Milei as president of #Argentina is a development worthy of a deeper dive, especially from an #Israeli perspective. - opinion https://t.co/xXco3rpbDc
Meanwhile, Argentina protest organisers will have to cover security costs. https://t.co/W2Y0THUx7U
🇦🇷🚨‼️ Milei is privatizing banks, the employees know the good days are over for them … protesting the sale. https://t.co/aeiCeCN1LW
Inflation, Argentina-style. This cup of coffee in downtown Buenos Aires cost 1800 pesos, today. Yesterday it cost 1500. Two weeks ago it cost 1200. Yes, we have 3-4% inflation here in Canada and in the United States. In Argentina it runs over 140%. Image sent by a colleague. https://t.co/e0XcOCBquN
Argentina is sitting on an ocean of massive shale oil and gas perhaps more than U.S. Permian Basin New President Milei will unshackel the industry and set it loose. Overall, South America is drilling and pumping oil and gas at breakneck speed. https://t.co/9p2Cih1hrj
Javier Milei is going to take away the welfare payments of workers unions’ protesters who block the roads. This is the best solution. https://t.co/69HMOoGcOJ
PRESIDENT MILEI CALLS FOR CONGRESS TO SPEED UP REFORMS (Reuters) Argentine President Javier Milei has issued a decree calling for extraordinary sessions to speed up reforms, reinstate the tax on salaries abolished by the previous government, and modernize the electoral process. https://t.co/1y0IxRho8X
The only reason Milei won Argentina is because they don’t use digital voting machines or mail in ballots. Oh yeah and people need this thing called “ID” lol It’s not as easy to fake their election as ours. I’m sure the IMF and WEF will get right to work changing that now tho
I can’t believe literal bankers are in the streets protesting in Argentina hahahahah Milei is the real deal. Oh man. Absolutely beautiful sight to see. Work harder bitches
The newly elected President of Argentina Javier Milei adopts the Zelensky look. https://t.co/fnUUkR2mdi
Do you like earning your wages in actual money? Deregulatory measures in Argentina will allow companies to pay workers in milk or meat instead of currency. A little over a week and Milei’s government is regressing Argentina into a medieval style economy. https://t.co/4MNfWC9J4m
The police costs of protests are a hidden subsidy to activists. In Argentina, no more subsidizing the fun of leftists. https://t.co/iRWAfKpmuT
Brazil’s Petrobras began drilling on Saturday in the so-called Equatorial Margin, a promising and ecologically sensitive offshore region https://t.co/MnnDUWJkza
Hilarious hit job by the New York Times on Argentina's new president. He's been in office about two weeks, the country has dealt with hyperinflation for years, and suddenly it is all his fault. https://t.co/irdgdtPuDe
Consumer watchdog Which? says prices on chocolate rose by 15.3% in November - almost twice as much as inflation. Which festive chocolate do you think has gone up in price the most? Read more🔗https://t.co/1nkGdp5VW0
'Milei, you are the dictatorship' | Argentinian workers hold anti-govt march Follow us on Odysee: https://t.co/gMbz1a3bV5 https://t.co/WWoL6hMwnx
Argentine President Javier Milei will dismiss all officials hired after January 1, 2023 https://t.co/fmL6ZpJuhz https://t.co/2Alox8hywP
Argentine President Javier Milay will fire all officials who were hired after January 1, 2023 According to Infocielo, about 7,000 Argentine civil servants will be unemployed. https://t.co/z05VoDAn8k