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Milei’s high-stakes bid to hobble Argentina’s centre-right

  • President Javier Milei took office in 2023 amid Argentina’s inflation exceeding 200%, with inflation later dropping to 2.2% by January 2025.
  • His election followed severe economic instability driven by repeated crises, excessive government spending, and weak domestic consumption.
  • Milei secured a $20 billion IMF Extended Fund Facility in April 2025, including $12 billion immediately, supporting disciplined monetary policy and declining poverty rates.
  • Milei’s administration dismantled antitrust policies and granted control of the world’s largest copper, gold, and silver deposits to transnational corporations, reinforcing commodity dependence.
  • While early economic indicators improve, Milei faces strong political opposition and worsening media freedom, with Argentina’s press ranking dropping 21 positions in 2024.
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Bias Distribution

  • 60% of the sources lean Right
60% Right
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Infobae broke the news in Buenos Aires, Argentina on Sunday, May 11, 2025.
Sources are mostly out of (0)