CCTV News, on December 10, local time, Argentina's elected Javier Milley was sworn in at the parliament building in the capital Buenos Aires for a four-year term.
On November 19, local time, Argentina held the second round of ** elections. According to the final results officially announced, Congressman Javier Milley, the candidate of the far-right electoral coalition "Freedom Forward Party", won 55With 95% of the votes, he was elected as the new president of Argentina. His rival, Sergio Massa, the candidate of the center-left ruling coalition Fatherland Alliance and the current Minister of Economy, then gave a speech in which he admitted defeat in the election.
Javier Milley interacts with supporters after the runoff vote (Visual China) Milley, 52, an economist by training, is the founder and main leader of Argentina's "Free Forward Party".
One of the important reasons for the Argentine election has attracted widespread attention from the outside world is the candidacy of extreme right-wing politician Milley. Since the inflation rate in Argentina has reached 1427%, and the country's economic growth has slowed significantly over the yearsMilley advocated full dollarization. According to the reference message August 15**,Milley's campaign promised to "blow up" Argentina's central bank and also proposed deep cuts in taxes and public spending.
In addition, Milley has sparked controversy because he supports the legalization of organ trafficking, the introduction of lax gun control policies, and the legalization of abortion. Because he has some things in common with the former Trump of the United States, such as being very social, often speaking surprisingly, etc., Milley is called "Argentine Trump" by some**.
According to CCTV Finance and Economics, at present, the depreciation of the Argentine currency and high inflation have greatly pushed up the local price level. In order to alleviate the pressure on the cost of living, Argentines have also begun to look for ways to save money, and the barter market is once again favored. It is understood that Argentina is facing severe inflationary pressures. On the 13th local time, Argentina** announced that the inflation rate in October reached 83%, with a cumulative inflation rate of 142 over the past 12 months7%, a 32-year high. Argentina's central bank has raised interest rates six times this year, raising the benchmark interest rate to 133% to cope with the current complex inflation situation.
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National Business Daily.