(Bloomberg) — The International Monetary Fund revised down its growth estimate for Argentina, forecasting South America’s second-largest economy will shrink for two consecutive years as President Javier Milei pushes for a “significant policy adjustment.”
https://finance.yahoo.com/news/imf-sharply-cuts-argentina-growth-130000884.html?fr=yhssrp_catchall
But after less than two months at the helm of Latin America’s third-largest economy, the self-described anarcho-capitalist is already facing off against opponents in the streets and in Congress, where some of his overhauls have already been derailed. Its inflation rate is now the world’s highest, surpassing even Venezuela’s.
https://www.msn.com/en-us/money/companies/argentina-s-president-promised-a-free-market-revolution-and-says-he-s-delivering/ar-BB1hmZsH
Argentinian court overturns Milei’s labor rules, in a blow to his reform plans
https://www.wsbtv.com/news/argentinian-court/I6QWULMT4BFB2YRWZZGSYNUT6Q/
Argentina Can Appeal Hedge Funds’ Lawsuit Over GDP-Linked Securities
https://www.inkl.com/news/argentina-can-appeal-hedge-funds-lawsuit-over-gdp-linked-securities
h/t Emeraldlight