or your wife.
Argentina has elected their version of Donald Trump, his name is Javier Milei… finalized a $20 billion currency swap deal
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Devalued the peso, promoted his sister - Miley's first steps at the head of Argentina
The new President of Argentina, Javier Miley, has his words matched with his deeds. At least for now. In the first three days since his inauguration on December 10, he launched “shock therapy”, fulfilling his election promises.
The new authorities decided to devalue the national currency (peso) by 54% - to 800 pesos per dollar (previously the rate was 366 pesos per dollar). It is planned that the Central Bank will continue to devalue the national currency by 2% per month.
It is planned to reduce government spending by almost 2.9% of GDP. The authorities want to reduce energy subsidies, which will save 0.5% of GDP, as well as transport subsidies (0.2% of GDP).
Miley, as promised, signed a decree reducing the number of ministries - from 18 to 9. The country retained the ministries of economy, foreign affairs, defense, internal affairs, justice, security, infrastructure for international trade and culture, as well as health and “human capital.” But Miley, for example, abolished the independent Ministry of Education.
Miley corrected the decree of his predecessor Mauricio Macri. Until now, the country has prohibited the appointment to government positions of persons who have any relation to the president, vice president, chief of staff or ministers. However, Javier Miley made amendments to give the post of head of the presidential secretariat to his sister Karina.
About the first steps of the “Argentine Trump
The new President of Argentina, Javier Miley, has his words matched with his deeds. At least for now. In the first three days since his inauguration on December 10, he launched “shock therapy”, fulfilling his election promises.
The new authorities decided to devalue the national currency (peso) by 54% - to 800 pesos per dollar (previously the rate was 366 pesos per dollar). It is planned that the Central Bank will continue to devalue the national currency by 2% per month.
It is planned to reduce government spending by almost 2.9% of GDP. The authorities want to reduce energy subsidies, which will save 0.5% of GDP, as well as transport subsidies (0.2% of GDP).
Miley, as promised, signed a decree reducing the number of ministries - from 18 to 9. The country retained the ministries of economy, foreign affairs, defense, internal affairs, justice, security, infrastructure for international trade and culture, as well as health and “human capital.” But Miley, for example, abolished the independent Ministry of Education.
Miley corrected the decree of his predecessor Mauricio Macri. Until now, the country has prohibited the appointment to government positions of persons who have any relation to the president, vice president, chief of staff or ministers. However, Javier Miley made amendments to give the post of head of the presidential secretariat to his sister Karina.
About the first steps of the “Argentine Trump
The Argentine government called on Britain to return the country's sovereignty over the Falkland Islands (Malvinas) and proposed negotiations on this issue.
The statement said that 191 years after the “illegal occupation of the islands,” the government and people of Argentina reaffirm their legitimate and inalienable rights to the territory.
The statement said that 191 years after the “illegal occupation of the islands,” the government and people of Argentina reaffirm their legitimate and inalienable rights to the territory.
I wish they would elect the real trump
I see what you did here
They wanted to live like Americans? Here’s America in Louisiana in let’s say 2005.
The so-called middle-class in Argentina are getting their wake up call but it is too fucking late
Perhaps the american middle class can learn from their mistake. Several major unions in this country at the direction of their leadership have endorsed left leaning politicians here. However the rank and file members are much more right leaning and likely to support Trump. We will see.
Seem like it’s been a full fledge attack in the middle class here(especially), there and everywhere
“The Argentine president said that his government and the Ukrainian one are in contact, as well as his Minister of Defense with the Ukrainian authorities.
"We are going to help them in everything we can help them with. A forum is going to be held in defense of Ukraine in Latin America."
He also commented that they are evaluating sending weapons to Kiev:
"It is something that Defense Minister Luis Petri is discussing with the Ukrainian authorities to see what we can collaborate on."
"We are designing a trip and the idea is that we go through Ukraine. We have to travel to the G7, I thank President Meloni for inviting me."
"We are going to help them in everything we can help them with. A forum is going to be held in defense of Ukraine in Latin America."
He also commented that they are evaluating sending weapons to Kiev:
"It is something that Defense Minister Luis Petri is discussing with the Ukrainian authorities to see what we can collaborate on."
"We are designing a trip and the idea is that we go through Ukraine. We have to travel to the G7, I thank President Meloni for inviting me."
I agree, inspite of the many debates about what exactly the middle class is. Where I live, the rust belt, the majority of people that used to be considered middle class were workers that could provide for a typical family on one good industrial type wage, or even two decent smaller company service jobs. Those days are gone and in my opinion they were killed off by the efficiency mongers that moved production and even customer service out of this country to wherever they could employ the lowest wages. The energy that drove those changes came from small government, free market uber capitalist, wall street arbitrage trading, good greed, corporate raider, types that have been making things worse for common working people since forever. Now its hedge fund, and private equity operators. Such people are of, and overwhelmingly enabled by none other than the GOP, then and now. Still, a bunch of people want to blame generic, big government, liberal regulation for killing the american dream. Go figure.
You be surprised what a simple google search would show you about the Black community in Argentina.
Afro-Argentines - Wikipedia
Crypto worth $99 million withdrawn from Milei-backed Libra token, researchers say
Elizabeth HowcroftFebruary 20, 20259:50 AM CSTUpdated a day agoFeb 19 (Reuters) - Around $99 million worth of cryptocurrency was withdrawn from the marketplace of a coin at the centre of a scandal in Argentina by eight digital wallets linked to the crypto token's creator, blockchain researchers said.
Argentinian President Javier Milei recommendedthe little-known crypto coin $LIBRA late on Friday in a post on X, but later deleted the post and denied having any link to the cryptocurrency.
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A federal judge is investigating the token's launch and Milei's involvement in it, after the coin, promoted by Milei on Friday, soon shot up above $4.50 apiece then plummeted just hours later.
Milei has accused his rivals of trying to take advantage of the situation.
According to blockchain researchers Chainalysis, eight crypto wallets withdrew roughly $99 million worth of tokens from the $LIBRA token's so-called liquidity pool - a kind of crypto marketplace where people can trade.
Chainalysis could not confirm the identities of the owners of the wallets that withdrew the crypto, but said they were wallets that received tokens directly from the creator of $LIBRA.
"The on-chain behavior suggests that these addresses are closely related to the Libra creator team based on the fact that those addresses were funded directly from the Libra token creator," Chainalysis told Reuters.
Chainalysis did not comment on when exactly the funds were withdrawn.
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Meme coins are crypto tokens that feature branding or names referencing memes or internet trends or jokes. They often collapse after quickly soaring in value as earlier traders take profits.
While the coins have long been a fixture in the crypto industry, it is rare for them to involve politicians. In a surprise move, U.S. President Donald Trump and his wife launched their own last month.
The tokens withdrawn from Libra's liquidity pool were the stablecoin USDC and another cryptocurrency called SOL, or Solana, Chainalysis said, adding that the dollar value of these funds varies as token prices fluctuate.
Another blockchain analytics firm, Nansen, told Reuters on Wednesday that wallets which removed tokens from Libra's marketplace "still hold a combined value of about $87 million".
Nansen said "it is fair to say that there is still a lot of money in the hands of those related to the Libra launch."
The value of holdings can change in dollar terms as the price of the cryptocurrencies they are stored in changes.
The token was launched on a crypto exchange called Meteora. The exchange could not immediately be reached for comment.
From Sunday to Tuesday, 70% of wallets trading $LIBRA lost money, Nansen said.
PLAN GONE WRONG
Hayden Davis, whose now-unavailable LinkedIn page said he is CEO of a crypto company called Kelsier Ventures, described himself in a statement on the company's X account on Sunday as a "launch advisor" for the token.Davis said in the statement that he had as much as $100 million of crypto from the Libra marketplace under his control, without describing how or why he acquired the funds. He said he intends to "reinvest" this money back into the token.
"I was to make it unequivocally clear that I have not, nor will I, take any of these funds for my personal benefit," Davis said in the written statement on X.
In an interview published on Monday with crypto YouTuber Stephen Findeisen, known as "Coffeezilla", Davis said the token was not a so-called rug-pull, a scam in which a coin's backers lure investors, sending its value soaring, then quickly withdraw their funds, leaving investors with worthless tokens. Davis said he had been trying to stop the token falling further.
"It's not a rug. It’s a plan gone miserably wrong with $100 million sitting in an account that I'm the custodian of," he said.
Argentine Chief of Staff Guillermo Francos announced this Monday that President Javier Milei instructed all state agencies to declassify and publish official files related to Nazis who escaped to the country in the mid-20th century.
Francos explained that Milei made this decision after meeting with US Senator Steve Daines, who insists on revealing documentation from the period in which Argentina protected people fleeing Nazi Germany after World War II.
In an interview on DNEWS's La Clave program, Francos stated that unpublished documents still exist regarding Nazi banking and financial operations.
In the past, Argentina welcomed figures such as Josef Mengele and Adolf Eichmann, who arrived in the country via escape routes after the fall of the Nazi regime. The opening of these files promises to reveal previously unpublished details about their stay and operations in Argentina
Francos explained that Milei made this decision after meeting with US Senator Steve Daines, who insists on revealing documentation from the period in which Argentina protected people fleeing Nazi Germany after World War II.In an interview on DNEWS's La Clave program, Francos stated that unpublished documents still exist regarding Nazi banking and financial operations.In the past, Argentina welcomed figures such as Josef Mengele and Adolf Eichmann, who arrived in the country via escape routes after the fall of the Nazi regime. The opening of these files promises to reveal previously unpublished details about their stay and operations in Argentina
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