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23 Nov 2023

Argentina's Economy Faces Uncertainty Under New President Milei

Argentina's presidential elections marked a victory for Javier Milei, starting a new, uncertain chapter in the nation's tumultuous history. Despite Milei extending an olive branch to potential political allies to "rebuild" Argentina, the nation faces impending financial peril. With an anticipated inflation rate exceeding 180% by the year-end, zero international reserve, and a contracting economy, the risk of economic instability looms. [Source](