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Business & Finance

Javier Milei doubles down on Argentina’s unorthodox currency policy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s libertarian President Javier Milei is slowing the monthly devaluation of the peso, doubling down on an unorthodox currency policy that he says is essential to ending the country’s inflation crisis. Milei last year allowed […]

Business & Finance

Argentina’s world-beating currency rally puts pressure on Javier Milei

The Argentine peso strengthened more in real terms than any other currency in 2024, boosting the popularity of libertarian President Javier Milei even as economists question the sustainability of high prices in Argentina. The peso strengthened 44.2 per cent in the first 11 months of the year against a basket of trading partners’ currencies, adjusting […]

World News

Donald Trump meets Javier Milei ahead of conservative summit

Donald Trump has said it was an “honour” to meet Argentina’s President Javier Milei in Florida ahead of a conservative investment summit. The right-wing leader is the first foreign leader to meet Trump since his US presidential election victory on 5 November. At a gala at Trump’s Mar-a-Lago resort on Thursday, Milei congratulated the president-elect […]