Argentinian President Javier Milei
Argentina’s new president promises energy shake-up
Self-described 'anarcho-capitalist’ vows economic transformation including privatising state energy firm YPF
Argentina’s chainsaw-wielding new president Javier Milei is the country’s first democratically elected leader in more than a century to not come from, or be backed by, one of the two major political parties and now faces the daunting task of overhauling Argentina’s floundering economy. The libertarian economist has little previous governing experience but has promised major reforms, including slashing public spending and privatising state-run oil company YPF. Inflation in Argentina has topped 140% this year as the incumbent government struggled to prevent the country sliding precariously towards hyperinflation. “Milei represents a jump into the unknown and espouses some radical ideas that a
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