BUENOS AIRES (Reuters) -Argentina's libertarian President-elect Javier Milei must appoint a head of a central bank he previously pledged to burn down and task a minister with overseeing one of the world's most pressured economies. Milei's chosen team will shape policy in South America's No. 2 economy in the years to come as the outsider contends with inflation above 140%, net reserves in the red and myriad capital controls. The country, in which four-in-10 people live in poverty, is also the International Monetary Fund's largest debtor.
Argentina investors on edge as Milei decides who to put in economic hot seat kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Bond investors have been burned repeatedly in Argentina, which has defaulted on its debt nine times since winning independence in 1816. Now, just days ahead of a crucial presidential vote, another crisis is brewing.Most Read from BloombergHamas Chief Who Deceived Israel Is Target No. 1 Deep UndergroundBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’Israel Latest: Biden Defends Hospital Raid, Says Hamas Unb