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

[Avocado]

Let's hope that with the passing of this, he starts being more reasonable. They need to get all of these halted public works projects started again and people back to work.


In a sign of thawing tensions, the government handed hundreds of previously halted public works projects over to the provinces so they could restart them, although funding assurances are less clear. Milei is gearing up to sign a pact with the nation’s governors laying out the framework for Argentina’s future on July 9, the country’s independence day.

https://archive.ph/s5Rfi

 

[Vince]

Great news. Argentina will go from 170 taxes to 10.

Monetary shift, Sturzenegger in – Milei talks up new stage

President says PAIS Tax "could be repealed in August" and confirms that ex-Central Bank governor Federico Sturzenegger will be joining his Cabinet.

www.batimes.com.ar

 

[Avocado]

My best friend lost her job on friday. Very shameful after many years they sent her an email letting her know. Another I know got a WhatsApp message. I fear a huge round of layoffs coming.

Thousands of new state layoffs pull hundreds from gender, memory and welfare programs - Buenos Aires Herald

‘These layoffs can be translated as citizens losing their rights’

buenosairesherald.com

 

[Ron]

The artilcle highlights the closure of TELAM the public news agency - this is not a backward step in any sense.

Telam was a mouth piece for the kirchneritsas in the governemet

Four months after the government suddenly shut down Argentina's public news agency, Télam, they've officially turned it into an ad agency. For the workers who were on paid leave, there will be a job. They will be transferred to other public or third-party media, as stated in the decree. "All of Télam's resources - including staff, news services, and other assets - will be transferred to other public media."

Argentina turns state newswire Télam into advertising agency - Buenos Aires Herald

The March closure of the 700-person news agency has been internationally criticized as an attack on freedom of expression

buenosairesherald.com

 

[demon]

People can criticize him, but in just a few months, he’s achieving what others haven’t in years. He’s getting other countries to take notice of us and strengthening our trade relationships.

Argentina poised for first China corn cargoes in 15 years

Argentina is preparing corn shipments to China that will be the first in 15 years, the latest move by the two countries to expand agricultural trade.

batimes.com.ar

 

[Digital Nomad]

People can criticize him, but in just a few months, he’s achieving what others haven’t in years. He’s getting other countries to take notice of us and strengthening our trade relationships.

Argentina poised for first China corn cargoes in 15 years

Argentina is preparing corn shipments to China that will be the first in 15 years, the latest move by the two countries to expand agricultural trade.

batimes.com.ar

Agree with you @demon. I think that's why his popularity is still fairly high. People see he is trying something new. They see the past ways aren't going to work. He isn't doing everything right but I think it's smart he will spend more time focusing around Argentina instead of flying around and meeting with right wing groups.

El Gobierno cambia de estrategia: Milei viaja a las provincias y piden a los ministros que suban el perfil

El Presidente viajará a San Juan y a Tucumán; la cúpula de la Casa Rosada requirió que los miembros del Gabinete que salgan a los medios y exhiban una agenda más nutrida, pero no todos lo harán

www.lanacion.com.ar

 

[Uncle Wong]

Just read this analysis and thought it had some good points. I wish some people close to Milei would give him better advice to control his narcissism. He can disagree with some world leaders but he should just keep certain things to himself. He was wrong on China and blasted them and now has come begging with hat in hand. He would be a much better President if he toned it down a bit including his narcissism.

Milei, Messi, and how to be the best in the world

Milei continues to claim that his ministers are “the best ever.” Until they are not, as his former friend and Cabinet Chief Nicolás Posse can attest.

www.batimes.com.ar

 

[VINO]

Sounds like trouble in paradise with Milei feuding with former President Macri.

Mauricio Macri rompió la tregua y le reclamó a Milei que le gire los fondos de coparticipación a la Ciudad

El titular de Pro publicó un mensaje en sus redes sociales para presionar a la Casa Rosada; “Vamos en el camino correcto, no podemos desviarnos”, remarcó

www.lanacion.com.ar

 

[Larry]

The Omnibus passing was the best thing for Milei detractors. Because now he can't stop blaming someone else for his poor decisions. I still wonder if he will finish his term in office.

After triumph in Congress, Milei faces challenge of governing

Following approval of his ‘Ley de Bases’ reform push, experts say President Javier Milei is now entering a new phase in which the population will demand results.

www.batimes.com.ar

 

[Avocado]

The Omnibus passing was the best thing for Milei detractors. Because now he can't stop blaming someone else for his poor decisions. I still wonder if he will finish his term in office.

After triumph in Congress, Milei faces challenge of governing

Following approval of his ‘Ley de Bases’ reform push, experts say President Javier Milei is now entering a new phase in which the population will demand results.

www.batimes.com.ar

Very true @Larry. I am guessing that Milei saying he will get the Nobel Prize will become a meme in the future. People will be laughing about that. Read this article. As it correctly mentions - helicopters should be on standby.

The ultra-right is governing Argentina. Who is Javier Milei and what is he doing? : Peoples Dispatch

Milei and his far-right neoliberal policies represents a radical shift in a country governed by progressivism during the last twenty years

peoplesdispatch.org

 

[Larry]

Contrary to Milei saying that catastrophe was averted, things seem to be getting worse.

Social indicators cast doubt over Milei's 'catastrophe' averted claim

President Javier Milei recently stated that the government’s social policy is “extremely good” and it had help prevent a “catastrophe.” Yet the government's own data and reports produced by private institutions indicate most social indicators have recorded a step backwards since he took office.

www.batimes.com.ar

 

[Betsy Ross]

Good to see some foreign companies already planning on bringing in hundreds of millions of dollars under the new RIGI scheme.

Milei now needs to fly domestic

Provincial governors are getting Milei’s message: that they are largely on their own now and need to adapt.

www.batimes.com.ar

 

[Larry]

And reality sets in. Study after study noting how Argentines are fairing worse off under Milei.

Argentines fairing worse off under Milei, study finds

Studies published this week corroborate that Argentines are fairing worse off under President Javier Milei, with people sinking into poverty despite having formal jobs which showed in a dwindling consumption of red meat, among other items, in a country that used to top the world's lists.

en.mercopress.com

 

[Digital Nomad]

The Omnibus is officially in place. Hopefully there is a big turn around.

 

[Avocado]

The Omnibus is officially in place. Hopefully there is a big turn around.

View attachment 6606

Yes a turn around. Things turning around for the worse. I wonder how much longer people will wait to see this not work. He need to keep helicopter on standby...

Milei under pressure for the first time

If the doubts regarding Milei’s capacity to preside over Argentina were tied to governability risk, Caputo’s are connected to credibility risk: it’s difficult to see how the current policy framework can be sustainable in time.

batimes.com.ar

 

[Finance Prof]

The full text of the agreement that the president and the governors will sign tonight reads as follows:

1. The inviolability of private property.

2. The non-negotiable fiscal balance.

3. The reduction of public spending to historical levels, around 25% of the Gross Domestic Product.

4. A useful and modern initial, primary and secondary education, with full literacy and without dropping out of school.

5. A tax reform that reduces tax pressure, simplifies the lives of Argentines and promotes trade.

6. The rediscussion of federal tax sharing to put an end forever to the current extortionate model suffered by the provinces.

7. The commitment of the Argentine provinces to advance in the exploitation of the country's natural resources.

8. A modern labor reform that promotes formal work.

9. A pension reform that gives sustainability to the system and respects those who contributed.

10. Opening to international trade, so that Argentina once again becomes a protagonist in the global market.

Javier Milei firma el Pacto de Mayo con los gobernadores: uno por uno, los diez puntos del acta | TN

Conocé los diez puntos que firman los 18 mandatarios que acompañan al Presidente en la Casa Histórica de Tucumán.

tn.com.ar

 

[Avocado]

So much for that Nobel prize. Now he is blaming Massa for the blue dollar rate spiking and also blaming lawmakers for delays in achievements. You can't make this up.

Milei blames lawmakers for the delays in his government's achievements

During his appearance at the celebrations of the Buenos Aires Stock Exchange's 170th Anniversary, Argentine President Javier Milei warned that he would veto any initiative from Congress hindering his administration's fiscal balance and elaborated on what he believes to be the reasons for the...

en.mercopress.com

 

[Digital Nomad]

I think it's wise that the President is postponing some increases in taxes and utility prices. Everyone is complaining that utility rates already have gone up but it sounds like they are going to go up even more. And smart with subway and bus fares too. Fixing inflation isn't going to be easy.

For selfish reasons I hope blue dollar goes even higher.

Milei Dials Back Shock Therapy to Keep Argentina’s Inflation in Check

(Bloomberg) -- President Javier Milei is tapping the brakes on his shock therapy program in a bid to hold on to popular support amid Argentina’s bleak economic reality, even if it means unsettling markets.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His...

finance.yahoo.com

 

[Wally]

I think it's wise that the President is postponing some increases in taxes and utility prices. Everyone is complaining that utility rates already have gone up but it sounds like they are going to go up even more. And smart with subway and bus fares too. Fixing inflation isn't going to be easy.

For selfish reasons I hope blue dollar goes even higher.

Milei Dials Back Shock Therapy to Keep Argentina’s Inflation in Check

(Bloomberg) -- President Javier Milei is tapping the brakes on his shock therapy program in a bid to hold on to popular support amid Argentina’s bleak economic reality, even if it means unsettling markets.Most Read from BloombergBiden Vows to Stay in 2024 Race Even as NATO Gaffes Risk His...

finance.yahoo.com

Agree. Too much too soon is not going to win hearts and minds.

 

[oil rush]

President Milei has done some great things up until now but this latest news about manipulating exchange rate is something CFK would do.

Desconcierto y dudas entre los economistas por el anuncio de Milei sobre el dólar financiero: de "kirchneristas" a "medidas salvadoras"

La medida fue anunciada por el Presidente en una entrevista y aclarada por Luis Caputo y Pablo Quirno en las redes.Confusión en los análisis económicos.

www.clarin.com