The Intelligence from The Economist

Argentina turning? Milei’s surprising political success

16 snips
Jun 21, 2024
Kinley Salmon, a Latin America correspondent for The Economist, shares insights on Javier Milei's surprising rise to power amid Argentina's economic crisis. He discusses Milei's libertarian policies and the mixed reactions from the public. Catherine Nixey offers a glimpse into Britain's political climate, revealing voter dissatisfaction with the Conservative Party ahead of the elections. Lastly, Anne Rowe honors Birubala Rabha, a brave activist who fought against witch-hunting in India, showcasing her significant impact on legal reforms.
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INSIGHT

Milei's Style

  • Javier Milei, Argentina's libertarian president, is known for his outlandish stunts and insults towards rivals.
  • Many compare him to Donald Trump due to his ideology and antiestablishment stance.
INSIGHT

Milei's Economic Policies

  • Milei's drastic economic measures, like devaluing the peso and cutting spending, caused a recession.
  • However, these actions also led to government surpluses and increased market confidence.
INSIGHT

Controversial Legislation

  • Milei passed two bills through the Senate, granting him emergency powers and incentivizing foreign investment.
  • These controversial bills sparked protests and required a casting vote from the vice president.
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