Part 8/9:
President Javier Milei, who initiated major spending cuts and deregulation measures upon taking office, has seen inflation rates drop as a result. Despite this progress, the country grapples with high poverty rates, which surged to 53% in the first half of the year. The challenges of lifting capital and currency controls remain significant, impacting foreign investment and central bank reserves.
Looking Ahead
As we approach the end of 2024, the global political landscape is rife with major stories and the impending elections worldwide. The discussions surrounding these events—spanning military conflicts, domestic political struggles, and economic recoveries—will shape the news narratives as we enter a new year.