OPINION AND ANALYSIS | Today 11:54
The support President Milei has garnered from the Trump administration stands in stark contrast to the mounting challenges on the home front.
The announcement of the approval of Argentina’s new agreement with the International Monetary Fund (IMF) came with a blemish — March’s consumer price index (CPI) showed an inflation rate of 3.7 percent, the highest figure in many months under the La Libertad Avanza administration to date.
Pablo Varela
Javier Milei arrived at the Casa Rosada at 3.40pm Friday, after calling a meeting with his Cabinet members to signal support for the agreement, which was set to be ratified by the IMF board. The President was already aware that the inflation figure would be poor.
That is why both the Casa Rosada and the President greeted the board's ratification of the deal with euphoria and relief. Faced with an increasingly complex domestic outlook — rising inflation and a shortage of foreign currency hitting Central Bank (BCRA) reserves — Milei’s government gained some breathing room through its ties with Donald Trump. At home, uncertainty continues to grow both economically and politically.
Trump’s strong backing of Milei was reflected in the support and ratification of Argentina’s extended fund facility (EFF) agreement. That support had come into question following the President’s aborted trip to Mar-a-Lago, Trump’s resort/residence in Florida, which saw irritation from both Milei and his sister, Presidential Chief-of-Staff Karina Milei, focused on Foreign Minister Gerardo Werthein.
Another major gesture of support from the Trump administration is the upcoming visit of US Treasury Secretary Scott Bessent, who is scheduled to arrive in Argentina on Monday.
More:
https://www.batimes.com.ar/news/opinion-and-analysis/milei-gains-breathing-room-from-his-ties-with-trump.phtml
(Don't forget Argentina's Kissinger-supported military coup, and its "Dirty War" which they controlled while torturing, kidnapping, murdering and disappearing over 30,000 political dissidents, employing the grotesque "death flights" in which the military drugged and chained political prisoners and threw them out of airplanes over the Atlantic and large rivers. This included protesting grandmothers and a pair of protesting French nuns, whose bodies washed up upon the shore. They also sent spies into the population to locate more suspected dissidents.
Without a doubt this would sound heavenly to the orange occupant.)
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