The reversal does not stop!The world has paid attention to Argentina s BRICS status, and the new pre

Mondo Sports Updated on 2024-01-19

JavierMilley asEconomyScientist, his victory in ** has attracted worldwide attention. However, during the election, he made a shocking series of shocking statements. For example, he proposed the closure of Argentina's central bank, the complete abolition of the peso, and the introduction of dollarization. This has drawn global attention to Argentina, especially whether it will be able to joinGold BricksThe issue of state organization has become the topic that Chinese netizens are most concerned about. WhileJavierThe Milley team responded to this concern via television after the election by offering to joinGold BricksThe organization of the country is an opportunity rather than a risk for Argentina, showing his pragmatism and his attitude towards ArgentinaEconomyDevelopment of confidence.

However, despite thatJavierMilley was elected to ArgentinaEconomyBringing hope, but at the same time there are fears of his deep shockEconomyWhether the countermeasures are feasible. Argentina, in particular, is experiencing its worst in more than two decadesEconomyThe crisis urgently needs to be treated with effective measuresEconomy。AlthoughJavierMilley's comments give the impression of being fully dependent on Europe and the United States, but his team's statements suggest that they will take a pragmatic approach to Argentina's current situationEconomyPlight.

According to data from the National Institute of Statistics of Argentina, in the first 10 months of this year, Argentina'scpi120% cumulatively, and 142 in the last 12 months7%。This figure is a 32-year high, showing the seriousness of ArgentinaInflationIssue. At the same time, according toInternationalAccording to estimates by the International Monetary Fund (IMF), Argentina's GDP will fall by 3 this year1%, and will continue to decline until the end of 2024. This means that Argentina is in the grip of the GreatDebtquagmire, facing grimEconomyChallenge.

ArgentineEconomyMainly dependent on energy and agricultural exports, from which it is obtainedForex。However, this was not enough to cover the need to repay Argentina's external debt. In order to repay the dollars dueDebt, Argentina has passedRMBMake a replacement repayment. This partRMBOn the one hand, it is accumulated through ** with China, and on the other hand, it is obtained through the local currency swap agreement between the two countries signed with China. It can be said that China is against ArgentinaInternationalDebtCredibility in the market plays a key supporting role. Without the help of China, Argentina'sCredit ratingwill inevitably be reduced to the garbage level.

However, despite some progress, ArgentinaEconomySignificant challenges remain. EconomyRecession and severeInflationIt has always plagued Argentina, and how to solve these problems has become the top priority of the new **.

ArgentineEconomyThe dilemma has raised the question of whether the world can join or notGold BricksQuestions from the organization of the state. Gold BricksThe country is made up of five emerging countries: Brazil, Russia, India, China and South AfricaEconomybody compositionEconomyThe cooperative mechanism is considered to be geographically importantEconomySignificance. In the yearGold BricksAt the summit, six countries, Saudi Arabia, Egypt, the United Arab Emirates, Argentina, Iran and Ethiopia, were invited to joinGold BricksState organizations.

As a general practice, these six countries can accede as long as they have gone through the relevant procedures at homeGold BricksState organizations. However, Argentina's ** result brings variables to all this. Faced with a serious oneEconomyThe crisis, Argentina seems to have reached the point where decisive measures have to be taken to saveEconomyof the moment. JavierMilley's coming to power was given to ArgentinaEconomyBrought hope while his team joined ArgentinaGold BricksThe response of the national organizations also shows that they are positive about it.

However,Gold BricksWhether the participation of national organizations is an opportunity or a risk for Argentina also needs to be considered in depth. JoinGold BricksNational organizations can bring more opportunities for cooperation and development for Argentina, but at the same time, Argentina needs to be thereEconomyand more responsibility and pressure on the political side. ForEconomyFor Argentina, which has been besieged, how to balance these interests and challenges is a question that needs serious consideration.

Argentina as an important emergingEconomybody, faced with severeEconomyChallenge. In recent years, Argentina'sEconomyIt has been in a state of declineInflationThe problem is serious,DebtThe problem is also getting worse. New**JavierMilley's coming to power was given to ArgentinaEconomyIt brings a glimmer of hope, but at the same time it faces great responsibilities and challenges.

Accession of ArgentinaGold BricksWhether the state organization can for itEconomyThe invigoration of development requires in-depth assessment and research. JoinGold BricksNational organizations can expand Argentina's partners and promoteEconomydevelopment, but at the same time it needs to cope with moreEconomyand political pressure. For oneEconomyFor a country with a difficult situation such as Argentina, how to balance interests and challenges and formulate a reasonable development strategy is an important issue.

From ArgentinaEconomyThe dilemma shows that relying solely on energy and agricultural exports is not sustainable, and that Argentina needs to further diversify its industries andEconomymodel to increase the competitiveness and autonomy of the country. In addition, Argentina needs to strengthen its domesticEconomyManagement and reform, improve the investment environment, and attract more foreign investment and technology. It is only through these efforts that Argentina can truly get rid of itEconomypredicament, to achieve sustainable development.

In general, Argentina is facing a grim situationEconomyChallenges, but at the same time there is great potential for development. How to meet these challenges and achieveEconomyThe long-term stability and sustainable development of the whole country require the joint efforts of the whole country and the implementation of scientific and effective policies. Believe with the new **JavierMilley's coming to power and the joint efforts of all parties in ArgentinaEconomyA new chapter will be ushered in.

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