Economist Podcasts
Argentina turning? Milei’s surprising political success
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.
25:48
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Quick takeaways
- President Milei faces economic challenges in Argentina, including an overvalued peso and potential inflation risks.
- In the UK, Conservative Party turmoil signals potential losses in the upcoming general election amid scandals and declining public support.
Deep dives
Argentina's President Millet Faces Economic Challenges
Argentina's libertarian president, Javier Millet, faces challenges governing as he navigates an economy in crisis. Despite passing legislation and achieving some success in stabilizing the economy, issues such as the overvalued peso, potential inflation risks, and unclear long-term economic plans pose significant hurdles. The passage of controversial bills granting emergency powers and enhancing tax revenue collection has sparked protests and uncertainty about the effectiveness of these measures.
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