Argentina elects 'shock therapy' libertarian Javier Milei as president

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Argentina has elected libertarian outsider Javier Milei as its new president in a bid to fix the economy's issues of high inflation, recession, and poverty. Milei, who won with nearly 56% of the votes, has promised economic shock therapy, including shutting down the central bank and slashing spending. His victory marks a significant change in the country's political landscape and economic roadmap. However, Milei will face major challenges, including empty coffers, a large debt program, high inflation, and capital controls.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/lE2zi7C
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