Argentine President Milei warns economic shock unavoidable in maiden speech

Javier Milei begins economic ‘shock therapy’ by halving value of Argentinian peso

Government spending also cut as new president launches first wave of radical reforms

Milei becomes first Argentine President to attend Hanukkah ceremony

While Economy Minister Luis Toto Caputo's message describing the government's next measures was aired, President Javier Milei appeared at the República Oriental del Uruguay Square in Buenos Aires for the celebration of the Jewish Hanukkah festivity.

The new head of state announced a 50% devaluation of the peso against the dollar, cuts in subsidies, reduction of ministries and cancellation of tenders. Opposition rises: 'Social murder'

The Minister of Economy of the new Argentine President Javier Milei announced on Tuesday a devaluation of more than 50% of the peso, as well as “emergency” measures to tighten the state belt, aimed at...

The new Argentinean government led by ultra-liberal President Javier Milei announces a tough austerity program. There is praise from the International Monetary Fund, but public disappointment could soon spread.

Argentina’s president wants to adopt the U.S. dollar. Can he?

Argentina’s new president, Javier Milei, wants to ditch the peso for the U.S. dollar. Here’s how that would work.