The Guardian view on Argentina's austerity year: painful cuts, rising poverty and a geopolitical gamble | Editorial
Briefly

Argentina's president, Javier Milei, emphasized a transformative approach to the country's economy, including drastic public spending cuts and deregulation tailored to combat inflation.
Despite his extreme right ideas, the severe austerity measures implemented by Milei have ignited widespread discontent, leading to violent protests and poorer living conditions for many.
Milei's administration continues to wrestle with the consequences of reforms, as the initial economic shock instigated rampant inflation and widespread poverty, challenging public support.
The irony of Milei's policies is stark, implementing state interventions despite advocating for free-market principles, leaving many citizens to confront the harsh realities.
Read at www.theguardian.com
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