

Argentina turning? Milei’s surprising political success
14 snips Jun 21, 2024
Kinley Salmon, The Economist's Latin America correspondent, explores Javier Milei’s surprising political rise in Argentina amidst economic challenges and radical reforms. Catherine Nixey discusses the precarious situation of the Conservative Party in Britain, revealing voter sentiments ahead of a pivotal election. Meanwhile, Anne Rowe honors Birubala Rabha, an activist who fought against witch-hunting in India, detailing her powerful journey from victim to change-maker. Each guest brings a unique perspective on pressing global issues.
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Milei's Governing Challenge
- Javier Milei, Argentina's libertarian president, faces governing challenges despite his economic and political wins.
- He's known for outlandish stunts and insulting rivals, similar to Donald Trump.
Milei's Economic Actions
- Milei's actions include devaluing the peso and cutting spending, leading to a recession and government surpluses.
- Markets have responded positively, with the Country Risk Index falling.
Controversial Legislation
- Milei passed two bills: one granting emergency powers and privatizing firms, the other addressing tax revenue.
- These controversial bills passed narrowly, sparking protests and highlighting significant policy changes.