Milei’s make-or-break moment
US support has helped calm markets, but Argentina’s president is politically weakened as his party faces midterm elections
US support has helped calm markets, but Argentina’s president is politically weakened as his party faces midterm elections

After sky-high inflation, currency crises and failed reform plans, the country was never going to find a quick fix

Doubts return over future of Javier Milei’s controlled exchange rate policy

Establishment parties struggle to regroup almost two years after political outsider’s victory

The final stretch of reining in price increases is likely to be difficult, warn economists

Investors bet that electoral endorsement will keep president’s market-friendly reforms on track

Despite excitement over libertarian’s reforms, country’s borrowing costs remain too high for it to tap foreign funding