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Argentine President Milei's sweeping reform bill stalled in Congress in a major setback

Newly elected far-right Argentine President Javier Milei received a major setback on Tuesday (Feb 6) as his labour reforms package was prevented from advancing in the parliament and sent back for a rewrite.  According to reports, Milei's La Libertad Avanza (LLA) party which controls only a small number of seats in the Congress, pulled the bill and obtained the adjournment of the session. The move was necessitated after opposition lawmakers went on a rejection spree, culling several crucial proposals at an article-by-article vole. 

Argentina's Javier Milei Drags Feet on Dollarization Promise Amid Reforms

Argentina's president said dollarization is not a short-term goal, as his government is focusing on other financial reforms first.

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