Argentine Markets React With Optimism to Milei Election
- Argentina's stock market rose 20% following libertarian Javier Milei's election win, with state oil company YPF's shares increasing by 34% after plans to privatize it were announced.
- Milei's victory came as a result of voters' dissatisfaction with Argentina's long-standing Peronist coalition and the country's economic decline, with his plans including adopting the US dollar and shutting down the central bank to combat inflation.
- Milei's actual plans remain uncertain as he has toned down his rhetoric and the country eagerly awaits his actions upon taking office on December 10.
15 Articles
15 Articles
Argentine election winner Milei greeted globally by mix of hostility and support
The victory of Argentina's libertarian President-elect Javier Milei at the weekend has sparked mixed reactions worldwide - including hostility from some Latin American leftists, tentative support from others, and a pledge from China to work with him despite his critical comments.
Argentine election winner Milei greeted globally by mix of hostility and support
The victory of Argentina's libertarian President-elect Javier Milei has sparked mixed reactions worldwide - including hostility from some Latin American leftists, tentative support from others, and a pledge from China to work with him despite his critical comments.
Election victory of Argentina's Milei greeted globally by mix of hostility and support
The victory of Argentina's libertarian President-elect Javier Milei at the weekend has sparked mixed reactions worldwide - including hostility from some Latin American leftists, tentative support from others, and a pledge from China to work with him despite his critical comments. Milei, a self-described anarcho-capitalist, channeled voter anger over a…
Election victory of Argentina's Milei greeted globally by mix of hostility and support
By Steven Grattan (Reuters) - The victory of Argentina's libertarian President-elect Javier Milei at the weekend has sparked mixed reactions worldwide - including hostility from some Latin American
Election victory of Argentina’s Milei greeted globally by mix of hostility and support
By Steven Grattan (Reuters) - The victory of Argentina's libertarian President-elect Javier Milei at the weekend has sparked mixed reactions worldwide - including hostility from some Latin American leftists, tentative support from others, and a pledge from China to work with him despite his critical comments. Milei, a self-described anarcho-capitalist, channeled voter anger over a deep economic crisis and years of economic dysfunction to win…
Argentine Markets React With Optimism to Milei Election
Argentina's stock market reacted with optimism Tuesday to the resounding election win by libertarian Javier Milei, despite the country being gripped by uncertainty over what changes the self-described "anarcho-capitalist" will bring. Milei, a 53-year-old economist who has vowed to scrap multiple government departments and sometimes campaigned by waving a chainsaw from the stage, trounced Argentina's long-dominant Peronist coalition as voters pun…
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