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Latin Times

Politics

Miguel Paiva

What the Richest Argentine Lawmakers' Asset Declarations Reveal, and Why the "Caste" Debate Is Back

Javier Milei Manuel Adorni Álvaro García Diego Spagnuolo Argentina La Libertad Avanza Pro

Argentina's President-elect Javier Milei (R) is greeted by legislator Cristian Ritondo before the start of a session at the Argentine Congress in Buenos Aires on November 29, 2023, where he was officially declared the winner of the runoff election. Milei, a 53-year-old political outsider, stormed to victory in elections 10 days ago pledging to ditch the peso for the US dollar and "dynamite" the central bank as ways of dealing with Argentina's long-running economic malaise. On Wednesday, he warned of months of "stagflation" -- inflation coupled with economic stagnation -- ahead. (Credit: Photo by JUAN MABROMATA/AFP via Getty Images)

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