Defying protests, Argentina’s Milei unveils decree to deregulate economy | Business and Economy News

Defying protests, Argentina’s Milei unveils decree to deregulate economy | Business and Economy News – Canada Boosts

President plans to eradicate or change 300 laws as a part of financial ‘shock’ remedy. Argentina’s right-wing president has introduced sweeping measures to decontrol the financial system, in what critics worry might threaten jobs and reasonably priced housing for thousands and thousands of Argentinians. Javier Milei, who took office on December 10, stated he was…

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First protests in Argentina as groups react to Milei austerity plan

First protests in Argentina as groups react to Milei austerity plan By Reuters – Canada Boosts

© Reuters. Argentina’s President Javier Milei addresses supporters gathered outdoors Casa Rosada after his swearing-in ceremony, in Buenos Aires, Argentina December 10, 2023. REUTERS/Matias Baglietto/File Photograph BUENOS AIRES (Reuters) -1000’s of individuals took to the streets of Buenos Aires on Wednesday to protest in opposition to the federal government’s financial shock measures, within the first…

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Argentina’s Milei starts shock therapy by devaluing peso by 50 percent | Business and Economy News

Argentina’s Milei starts shock therapy by devaluing peso by 50 percent | Business and Economy News – Canada Boosts

New president Milei warns of painful measures as foreign money worth slashed, subsidies reduce, public works tenders cancelled. Argentina’s authorities has introduced it’s going to slash the worth of its foreign money, the peso, by greater than 50 p.c in opposition to the US greenback as its new far-right president seeks radical options to repair…

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Argentina’s Javier Milei tells nation to brace for painful economic shock | Politics News

Argentina’s Javier Milei tells nation to brace for painful economic shock | Politics News – Canada Boosts

Newly inaugurated libertarian president warns there may be ‘no alternative to a shock adjustment’. Argentina’s new President Javier Milei has warned his nation’s folks to organize for painful austerity measures as he seeks to show round many years of financial stagnation and decline. Taking workplace on Sunday after his upset election last month, Milei used…

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Argentine libertarian Milei to take presidency with economic crisis in focus

Argentine libertarian Milei to take presidency with economic crisis in focus By Reuters – Canada Boosts

5/5 © Reuters. FILE PHOTO: Argentine President-elect Javier Milei talks with politicians earlier than the beginning of the session of the legislative meeting on the Nationwide Congress, in Buenos Aires, Argentina, November 29, 2023. REUTERS/Agustin Marcarian/File Photograph 2/5 By Nicolás Misculin and Miguel Lo Bianco BUENOS AIRES (Reuters) – Argentina will swear in libertarian economist…

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Mercosur summit overshadowed by fate of EU trade deal, Milei in the wings

Mercosur summit overshadowed by fate of EU trade deal, Milei in the wings By Reuters – Canada Boosts

4/4 © Reuters. Bolivia’s International Minister Celinda Sosa Lunda, Paraguay’s International Minister Ruben Ramirez, Brazil’s International Minister Mauro Vieira, Brazil’s Vice President Geraldo Alckmin, Brazil’s Minister of Planning Simone Tebet, Uruguay’s International Minister Omar Paganini 2/4 By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) -Presidents of the 4 Mercosur nations met for his or her…

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With soy and lithium trade in the balance, Argentina's Milei has a China conundrum

With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum By Reuters – Canada Boosts

© Reuters. Argentine President-elect Javier Milei departs the Eisenhower Government Workplace Constructing after assembly with Biden administration workers on the White Home advanced in Washington, U.S., November 28, 2023. REUTERS/Kevin Lamarque By Lucinda Elliott, Joe Money and Maximilian Heath BUENOS AIRES/BEIJING (Reuters) – Argentina’s President-elect Javier Milei has a China conundrum. The libertarian economist insulted…

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Argentina's Milei seeks foreign policy, IMF reset in Washington trip

Argentina’s Milei seeks foreign policy, IMF reset in Washington trip By Reuters – Canada Boosts

© Reuters. Argentine President-elect Javier Milei departs the Eisenhower Govt Workplace Constructing after assembly with Biden administration employees on the White Home advanced in Washington, U.S., November 28, 2023. REUTERS/Kevin Lamarque By Jason Lange and Rodrigo Campos WASHINGTON (Reuters) – Argentina’s president-elect Javier Milei met on Tuesday with prime U.S. officers in Washington and his…

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Argentina's Milei to meet Biden aide after lunch with Bill Clinton

Argentina’s Milei to meet Biden aide after lunch with Bill Clinton By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Argentine president-elect Javier Milei addresses supporters after successful Argentina’s runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian/File Photograph WASHINGTON (Reuters) – Argentina’s President-elect Javier Milei will meet with a high safety aide to U.S. President Joe Biden in Washington, the White Home confirmed on Monday, after the…

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Argentina's Milei, IMF discuss fiscal adjustment plan, monetary program

Argentina’s Milei, IMF discuss fiscal adjustment plan, monetary program By Reuters – Canada Boosts

© Reuters. Argentine presidential candidate Javier Milei addresses supporters as they react to the outcomes of Argentina’s runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian/File Photograph (Reuters) – Argentina President-elect Javier Milei stated on Friday he had spoken with the director of the Worldwide Financial Fund (IMF), Kristalina Georgieva, concerning plans…

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Argentina hikes taxes on dollar savings and bank card purchases ahead of Milei taking power

Argentina hikes taxes on dollar savings and bank card purchases ahead of Milei taking power By Reuters – Canada Boosts

© Reuters. (Reuters) – Argentina on Thursday raised taxes on U.S. greenback purchases destined for financial savings or made with financial institution playing cards to guard the central financial institution’s restricted reserves, weeks earlier than President-elect Javier Milei assumes workplace on Dec. 10. The measure was introduced in Argentina’s Official Gazette and acknowledged that the…

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Argentina's black market peso slides with eyes on Milei, local equities soar

Argentina’s black market peso slides with eyes on Milei, local equities soar By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Argentine president-elect Javier Milei’s supporters rejoice after Milei wins the runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Adriano Machado/File Picture By Marc Jones, Jorge Otaola and Walter Bianchi LONDON/BUENOS AIRES (Reuters) -Argentina’s black market peso fell 12% on Tuesday to 1,045 per greenback, within the first buying and…

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Argentina's next president Milei must tame inflation, turn around economy

Argentina’s next president Milei must tame inflation, turn around economy By Reuters – Canada Boosts

© Reuters. Argentine president-elect Javier Milei greets supporters after successful Argentina’s runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Cristina Sille/ File Picture By Hernan Nessi and Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s libertarian President-elect Javier Milei has gained a carefully fought election. Now comes the onerous half: coping with financial crises….

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Mixed reactions as Javier Milei wins Argentina presidential election | Elections News

Mixed reactions as Javier Milei wins Argentina presidential election | Elections News – Canada Boosts

Reactions have been combined because the world reacts to the election of libertarian outsider Javier Milei as the subsequent president of Argentina. Taking an opportunity on the eccentric economist’s programme of radical reform after a long time of financial stagnation, the Latin American nation handed Milei an amazing victory on Sunday. His election heralds a dramatic…

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Radical libertarian populist Javier Milei wins Argentina presidential election

Radical libertarian populist Javier Milei wins Argentina presidential election – Canada Boosts

Argentina traders cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledges to usher in a radical remake of South America’s second-largest economic system. The nation’s abroad bond due July 2035 rose 0.6 cent on the greenback in early European buying and selling on Monday, with two different securities among the…

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