56% of voters seem keen to try something new in a country where inflation is running at over 1a0% and two in five people live in poverty. but many economists are concerned about mr milei s victory. lets get the view of andres abadia, chief latin america economist at pantheon macroeconomics. good morning. a lot has been said about his radical ideas, his promises and he is saying he will bring them into being very swiftly. give us your take on this result. a new chapter in the argentinian economy. he is in the argentinian economy. he: is trying to in the argentinian economy. he is trying to implement new measures. we don t really know what will happen from now on. the reality is argentina is having big trouble in terms of the economy. real gdp is contracting, inflation running well above 100%. around 140%. it will probably end the year at around 200%. we also see capital controls skyrocketing interest rates. the situation interest rates. the situation in argentina is dramatic.
and reducing bureaucracy in the single market. it s all part of an eu push to strengthen the bloc s economy and help it catch the us and china. rainer riess, is the director general of the federation of european securities exchanges. how much closer are we getting to cmu? and what would that mean? i think not too close, i think we made some progress, but it is a project that is dating back from 2015, lord hill, the last british commissioner, actually, had the vision to bring european capital markets closer together and to catch up with the us to diversify funding sources for business,er specially for small and medium enterprises and the idea behind it is to foster growth innovation and resilience in the eu economy and obviously this would bring a lot of benefits, lowering barriers within the european union, for cross border investments, making funding more available for smes, strengthening the role of the markets to fund the green position. defence is now a big topic. a lot o
robert wood, chief uk economist, pantheon macroeconomics. itjoins me now. no change expected today, why not? it joins me now. no change expected today, why not? good mornin: expected today, why not? good morning why expected today, why not? good morning why not? expected today, why not? good morning why not? inflation - expected today, why not? good morning why not? inflation is i morning why not? inflation is just back to the bank of england 2% target for top within that headline inflation, inflation with services, eating out, restaurants, all sorts of household services, going to out to the cinema and so on prices of these things are rising still really quickly. so yesterday we saw they were up 5.7% year on year. with that rate of increase headline inflation is not going to stay at 2% very long. at 296 very long. the next decision at 296 very long. the next decision by at 296 very long. the next decision by the at 296 very long. the next decision by the bank- at