San Francisco News

cars on road near high rise buildings during daytime

Javier Milei: Argentina’s new president presses ahead with economic ‘shock therapy’ as social unrest grows

Sam Halvorsen, Reader in Human Geography, Queen Mary University of London; Sebastián Mauro, Associate professor, Universidad de Buenos Aires Only weeks into his term, Argentina’s new president, Javier Milei, seems to be making good on his promise to put a chainsaw to the country’s crisis-ridden economy. In his inaugural address, Milei told the nation: “There is no alternative to shock.” He dissolved half of the country’s ministries days later, and implemented a 50% devaluation of the peso. But amid massive spending cuts, prices continue

Read More »