Argentine President Javier Milei arrived in Los Angeles Sunday to participate at Milken Institute s global conference too be staged Monday at the Hilton Hotel in Beverly Hills bringing together a series of world political and business leaders. It is Milei s fourth trip to the United States since winning the elections and third since he took office.
In line with President Javier Milei s chainsaw politics to curb inflation, Argentine supermarkets expect a drop in retail prices shortly once imported items arrive to compete with local production as agreed upon with the Economy Ministry in March, it was reported in Buenos Aires.
Although Argentine Foreign Minister Diana Mondino had the near-impossible task of putting her country on good terms with China despite President Javier Milei s disparaging campaign comments, some common ground was reached this week as the South American diplomat reaffirmed the one-China principle and Beijing backed Argentina s claim to the Falkland/Malvinas Islands.
Argentine SMEs fear a wave of sackings in the coming days due to President Javier Milei s policies which may have been somewhat successful at curbing inflation but at a cost. The Industriales Pymes Argentinos (IPA) chamber released a report saying that some 17,000 jobs had been lost since Milei took office on Dec. 10, 2023, and further suspensions and layoffs appear on May s radar.
Argentine President Javier Milei Monday highlighted his administration s performance bringing about a financial surplus worth AR$ 276.638 billion (US$ 276.638 million), which constituted a historical feat. He also said this achievement of three consecutive surplus-yielding months -something unheard of since 2008- was possible thanks to his administration s chainsaw policies cutting State expenditures. Argentina s economic performance fell well within the goals agreed upon with the International Monetary Fund (IMF).