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What to expect from Bitcoin and Ethereum as the bull rally ends
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Three Reasons to be Bullish on Ripple (XRP), One to be Cautious
Three Reasons to be Bullish on Ripple (XRP), One to be Cautious
Economy Minister Sergio Massa was the candidate for the ruling coalition. He has done the numbers, recognised defeat, and conceded in the presidential run-off.
Libertarian lawmaker Javier Milei will be Argentina’s next president.
Background to this:
—
Argentina’s economy has been smashed by triple-digit inflation, looming
recession and rising poverty. The worst economic
crisis in two decades.
Incoming president Milei is promising economic shock, with plans including:
- shutting the central bank
- ditching the peso
- slashing
spending - has criticized China and Brazil, says he won’t deal with “communists”, favours stronger ties with the US
Mileil now fronts up to:
- government funds having run dry
- a US$44 billion debt program with the International
Monetary Fund - a highly fragmented Congress (no single bloc
has a majority), he’ll need backing from factions to pass legislation - Milei’s coalition does not have any regional governors or mayors
Milei (left of screen) and Massa
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