What's happened
Argentina's President Javier Milei is forging closer ties with Donald Trump's political movement, highlighted by the recent Conservative Political Action Conference in Buenos Aires. This shift reflects a broader trend of right-wing populism gaining traction in Latin America, with Milei's radical economic policies drawing admiration from U.S. conservatives.
Why it matters
What the papers say
According to The Guardian, the Conservative Political Action Conference in Buenos Aires showcased the growing bond between Milei and Trump, with Lara Trump stating, 'As Argentina rises, America rises.' Meanwhile, the New York Times highlights Milei's radical libertarian policies, noting that while inflation has decreased, poverty has surged, with Milei's approach representing a stark departure from traditional Republican values. This ideological shift is underscored by Trump's praise for Milei as his 'favorite president.'
How we got here
Javier Milei, a libertarian economist, became Argentina's president in December 2023, promising drastic economic reforms amid hyperinflation. His administration has implemented severe budget cuts, leading to significant social impacts, including rising poverty rates.
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