New York Post
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Argentina elects ‘shock therapy’ libertarian Javier Milei as president
Posted
November 20, 2023
Views
26,601
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303
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Engagement
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November 20, 2023
26,601
303
373
2.54%
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2:43Now PlayingArgentina elected libertarian outsider Javier Milei as its new president on Sunday, rolling the dice on an outsider with radical views to fix an economy battered by triple-digit inflation, a looming recession and rising poverty.
Official results have not been released, but his rival, Peronist Economy Minister Sergio Massa, conceded in a speech.
His candidacy was hampered by the country’s worst economic crisis in two decades while he has been at the helm.
Milei is pledging economic shock therapy.
His plans include shutting the central bank, ditching the peso, and slashing spending, potentially painful reforms that resonated with voters angry at the economic malaise, but sparked fears of austerity in others.
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#argentina #javiermilei #politics
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