Javier Milei's free-market shock therapy to transform Argentina's economy gets huge endorsement as sudden growth rebound seen

(Credit: Chris Ratcliffe—Bloomberg via Getty Images)

• Credit rating agency Moody's upgraded Argentina on Friday, citing the new president's economic reforms and improved government finances. Moody's also raised its outlook on South America's second largest economy.

Argentine President Javier Milei received a major vote of confidence as the libertarian introduces sweeping reforms to transform South America's second largest economy.