Politics Thread: President Javier Milei - Decree of Necessity and Urgency (DNU) in real-time

[Calgary Foodie]

The government is saying the recession has hit rock bottom and going to turn up. Hope this is the case.

Government says recession has hit rock bottom, economy starting to recover

Presidential Spokesperson Manuel Adorni says drop in economic activity is the cost of having more honest prices.

www.batimes.com.ar

 

[Finance Prof]

The government is saying the recession has hit rock bottom and going to turn up. Hope this is the case.

Government says recession has hit rock bottom, economy starting to recover

Presidential Spokesperson Manuel Adorni says drop in economic activity is the cost of having more honest prices.

www.batimes.com.ar

Yes inflation is being tamed. It looks like the plan is working.

La inflación de mayo finalizó cerca del 5% según cálculos privados y la interanual mostraría la primera desaceleración en 10 meses

La postergación en ajustes de servicios públicos que definió el Gobierno ayudaron a conseguir la quinta merma mensual consecutiva. En junio se retomarán los aumentos y los analistas anticipan que puede haber un nuevo repunte

www.infobae.com

 

[Avocado]

This good article. I know many Milei supporters on this site but what happen if this situation of Emperor has no clothes on? I know he stop some corruption which is good for Argentine people. But everyday life more expensive. I just ask you to think what if he not so good like people think?

What if Milei has no clothes on?

Milei’s economic programme does not have the luxury of letting the flame of hope die out.

www.batimes.com.ar

 

[Bob]

President Milei just cut another Ministry today. When he took office there were 21 different Ministries! Now there are only 7 which ties Switzerland with the #1 least Ministries.

 

[Finance Prof]

They are saying May was the bottom and it should get better from here. After 3 months of tax collection declining in Argentina, it increased by 320% in May.

Luego de tres meses de caída, la recaudación impositiva aumentó por encima de la inflación en mayo

La AFIP registró un fuerte impulso de los recursos tributarios coparticipables, del 320,9% más que el año previo. Importante alivio para las arcas provinciales. Los rubros más destacados

www.infobae.com

 

[GlasgowJohn]

Clearly good news.

But is this not the guy who promised tax cuts?

 

[Vince]

Clearly good news.

But is this not the guy who promised tax cuts?

I was thinking the same thing!

 

[Spend Thrift]

Clearly good news.

But is this not the guy who promised tax cuts?

Looks like investors are nervous if Milei can actually deliver. Argentine bonds fell drastically today. This is a really complicated country! The longer I am here the less I think he can turn things around here.

 

[Digital Nomad]

Sounds like a true stalemate with Milei's reform bills.

Milei pledges to veto any bill challenging the zero fiscal deficit

Argentine President Javier Milei dawned quite verbacious Wednesday after the Lower House passed Tuesday a bill to increase the wages of senior citizens which are also lagging behind the country's inflation and other price adjustments announced for the coming days: I will veto everything, I don't...

en.mercopress.com

 

[Spend Thrift]

At least Milei practices what he preaches.

Argentina's president vows pension veto, opts out of own benefits​

 

[earlyretirement]

For those people who said it was a waste of time for President Milei to go to the USA and meet with all the leaders of Silicon Valley and the big VC firms. You were wrong.

President Milei's administration just announced that they are about to receive a $1 BILLION technology investment into Argentina in the next few weeks. Many things people don't understand and are in a hurry but things take time and if this article is true, this would be record time. Many do believe in the turn around in Argentina.

El Gobierno anunciaría grandes inversiones tecnológicas en pocas semanas

Lo afirmó el asesor presidencial Demian Reidel, quien organizó reuniones para Milei con Apple Inc., Meta Platforms Inc. y Alphabet Inc., entre otras empresas

www.perfil.com

 

[Avocado]

What a mess this Administration is. I am not saying other administrations didn't have fraud but this is good example of Milei taking action and then no solution hoarding tons of expiring food rather than give it to the poor.

Defund the state, starve the free - Buenos Aires Herald

The scandal surrounding the government’s food hoarding shows what destroying the state means in practice

buenosairesherald.com

 

[Larry]

People are figuring out that Milei has a long road ahead of him.

Argentine Bonds, Peso Tumble as Wall Street Gets a Reality Check​

BNN Bloomberg – Canada Business News, TSX Today & Interest Rates

Get the latest Canadian business news, TSX updates, interest rates and Bank of Canada coverage. Explore stock market investing and get expert financial insights on investment portfolio strategies.

www.bnnbloomberg.ca

 

[Larry]

Pretty good article on President Milei by the BBC. It has some good facts and figures. It shows 54% of people think Milei cares more about his opinion internationally vs. focusing on problems inside Argentina. And the shine is coming off Milei locally. Look at his #'s and they are starting to come down.

Have Milei's first six months improved the Argentine economy?

Javier Milei has been Argentina's president for half a year - how has it gone?

www.bbc.com

 

[Avocado]

He is unhinged. Look at him picking his sister over the foreign minister. Bad decisions.

Milei picks sister over foreign minister for G7 summit

Rumours over Foreign Minister Diana Mondino’s future ramp up as government sources reveal President Javier Milei has chosen to take his sister rather than Argentina’s top diplomat to upcoming G7 summit.

www.batimes.com.ar

 

[Flamingo]

The honeymoon sounds like it is slowly fading. His approval numbers are going down now. Not sinking fast but as the recession gets worse he will probably start losing more support. You die hard Milei supporters can't agree with everything he is doing.

The honeymoon’s over: Milei hits 6 months in office amid political infighting - Buenos Aires Herald

The milestone comes in the wake of a flurry of high-profile resignations and financial market turbulence

buenosairesherald.com

I thought No Hay Plata! But I read that Milei wants to start the military parades again. This is the LAST thing Argentina needs to be spending money on. He wants to get Argentina more involved in military operations spending money on jets and other nonsense.

Milei orders military parades for Independence Day celebrations

Defence Minister Luis Petri announces that President Javier Milei has ordered the restoration of military parades on July 9 marking Independence Day.

www.batimes.com.ar

 

[Finance Prof]

So far so good.

https://twitter.com/x/status/1800650800588304430

 

[Digital Nomad]

Looks like they are already gearing up for possible protestors tomorrow for the vote.

https://twitter.com/x/status/1800613787298566634

 

[Betsy Ross]

Today is the big day. Hopefully the votes go through. They are expected to vote tonight I believe. Protests already underway.

https://twitter.com/x/status/1800907117966377308

 

[Flamingo]

Looks like they are already gearing up for possible protestors tomorrow for the vote.

https://twitter.com/x/status/1800613787298566634

Yes, my friend has his Airbnb on that block! Yikes.

https://twitter.com/x/status/1800904256637259979