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Why Does Javier Milei Insult Entrepreneurs?

Summary by Clarin
The President believes that those who proclaim a closed economy, with a high exchange rate gap, are committed to "stealing in the name of national industry." Behind the criticisms comes the fear that the activity will not grow what the government expects and that the closure of emblematic companies, like Fate, will generate a hopeless effect.

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The President believes that those who proclaim a closed economy, with a high exchange rate gap, are committed to "stealing in the name of national industry." Behind the criticisms comes the fear that the activity will not grow what the government expects and that the closure of emblematic companies, like Fate, will generate a hopeless effect.

·Buenos Aires, Argentina
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President Javier Milei intensified his confrontation with industrial entrepreneurs after the closure of the FATE plant and the dismissal of 920 employees. Again with ironic nicknames, he denounced protectionism and inflated prices. In addition, the government reinforces measures against Techint and Aluar. Read more

·Buenos Aires, Argentina
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Clarin broke the news in Buenos Aires, Argentina on Thursday, February 26, 2026.
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