Biography Flash: Javier Milei - Argentina's Chainsaw-Wielding Economic Reformer at Two Years
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Javier Milei, Argentinas chainsaw-wielding president, just hit the two-year mark in office on December 10, and Al Jazeera reports hes delivering on promises with inflation slashed from 12 percent monthly to a more manageable 2 percent, fiscal deficits tamed, and markets cheering alongside Donald Trump and the IMF. Cato Institute hails his reforms for sparking 5 percent economic growth, poverty down to 31.6 percent from over 40, and surging exports, all after balancing the budget on day one against dire predictions.
Last Saturday, Milei stole the spotlight in Río Cuarto, Córdoba, boarding one of six new F-16 fighter jets from Denmark—hailed as guardian angels of Argentine airspace—flanked by sister Karina and Defense Minister Luis Petri, who called it the biggest military leap in 40 years per Buenos Aires Times. He posted triumphantly on social media, boasting hundreds of thousands saw them soar over Buenos Aires, replacing dusty old Mirages retired in 2017.
Earlier this week, Buenos Aires Times caught him jetting to Oslo Monday for the Nobel Peace Prize ceremony honoring Venezuelas María Corina Machado, flaunting YPF oil colors to pitch Argentinas recovering economy in energy and mining. Fresh off October midterms where his La Libertad Avanza party surged to top the lower house, LN24 says he fired a labor reform bill to Congress this week, slashing bureaucracy, with special sessions looming on tax and justice overhauls too.
Banks are betting big on his ag push, Farm Progress notes expanded farm credit eyeing 1.5 billion dollars by 2026 after export tax cuts. No major headlines in the last 24 hours, but whispers of dollarization linger as his unfinished dream.
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