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New president makes good on campaign pledge to pare back bureaucracy as protesters decry ‘chainsaw austerity’
Move aims at clearing short-term central bank debt which is almost 10% of South American country’s GDP
Buenos Aires landlords are removing apartments from the traditional market as inflation tops 160%
Project shutdowns are environmental coups but can be ‘crippling’ for developing economies
Constitutional amendment will simplify one of world’s most complex regimes
Populist president’s signature project has been criticised for environmental damage and soaring costs
New government aims to balance budget by end of 2024 after currency devalued as part of ‘shock therapy’
Economy minister Luis Caputo highlights need to tackle surging inflation and fiscal deficits
EU trade commissioner Valdis Dombrovskis says majority of capitals back Mercosur pact despite opposition from Paris
Libertarian outsider seeks to build support in congress but faces huge hurdles to fix the economy
Incoming president tasked with fixing one of world’s most distorted economies without blowing it up
As President Javier Milei faces a Herculean task, citizens share informal strategies to navigate spiralling inflation
Opposition from French president is latest setback to EU agreement with South American bloc
Success on deforestation and agricultural reforms contrasts with country’s huge expansion in hydrocarbons
First Quantum Minerals’ contract to operate facility struck down amid protests
Just an hour’s boat ride away sits a haven from economic instability — with increasingly attractive tax breaks for foreigners, as well as good security and public services
Optimism infects business leaders in Monterrey as manufacturers shift operations close to the US
Libertarian president-elect signals approach in keeping with ‘market situation’
Also in this newsletter: Austria’s foreign minister calls for elections in Ukraine
The new Argentine president’s ‘anarcho-capitalism’ undermines the idea of a unified “Global South”
President-elect faces huge economic challenges without congressional majority
Insurgent libertarian has big plans but must work around his lack of congressional majority to deliver radical policies
Country’s precarious fiscal situation needs more than noisy rhetoric to keep creditors at bay
Former television commentator vows ‘drastic’ changes to crisis-hit economy as voters swing to the right
Lack of congressional majority and dire economic problems pose huge challenge for insurgent president-elect
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