Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Netanyahu: If Lebanese Army takes steps to disarm Hezbollah, Israel will engage in reciprocal measures, including phased reduction of Israeli military presence in Lebanon
Al Mayadeen's correspondent: Photojournalist Houssam Al-Masri martyred, reporters Hatem Omar, Mohammad Ashraf Salameh injured in Israeli strike on Nasser Medical Complex.
Israeli media: Intense US efforts are being made to resolve differences, such as the issue of the Israeli presence on Mount Hermon and in southern Syria
Israeli media: The security agreement means amending the disengagement agreement, which will also address the Druze issue
Israeli media: Attempts to reach a security agreement between 'Israel' and Syria were among the topics discussed at the Paris meeting
Israeli media: Sheikh Muwaffaq Tarif rejected a US proposal to join the recent tripartite meeting between Tom Barrack, al-Shaibani, and Dermer
Saba News Agency: Two martyred, five injured in a preliminary toll of the Israeli aggression on the Yemeni Oil Company station on Al-Sitteen Street in Sanaa
Senior Yemeni military source to Al Mayadeen: We observed a state of confusion among the enemy's aircraft squadron after Yemeni air defenses intercepted the attack
Senior Yemeni military source to Al Mayadeen: The Yemeni air defense forces succeeded in neutralizing a squadron of enemy aircraft and prevented airstrikes on some governorates
Senior Yemeni military source to Al Mayadeen: Our air defenses and missile forces forced a formation of enemy aircraft to flee the airspace

Argentina FM criticizes presidential candidate's "dollarizing economy"

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Oct 2023 12:44
2 Min Read

The proposal was submitted by far-right presidential candidate, libertarian economist Javier Milei.

  • x
  • Argentina’s Foreign Minister Santiago Cafiero talks to the Associated Press in Dhaka, Bangladesh, Wednesday, March 1, 2023 (AP)
    Argentina’s Foreign Minister Santiago Cafiero talks to the Associated Press in Dhaka, Bangladesh, Wednesday, March 1, 2023 (AP)

After a presidential candidate in Argentina proposed to dollarize the economy, the country's Foreign Minister Santiago Cafiero criticized the proposal, noting that Argentina should be attracting dollars through exports but not by risking the country's monetary sovereignty.  

Cafiero was quoted saying: "There are proposals by candidates who advise seeking dollars for the Argentine economy, putting at stake monetary sovereignty. On the contrary, we think that exports are the way, that dollars should be produced by exports."

The proposal was submitted by far-right presidential candidate, libertarian economist Javier Milei. Argentina's presidential elections are due to take place on October 22.

Read more: Brazil, Argentina set to begin preparations for common currency: FT

The main contenders for the presidency are Sergio Massa, the incumbent economy minister running for the ruling Union for the Homeland party, and opposition politicians, including former security minister Patricia Bullrich and Milei.

Related News

Netanyahu, Argentina's Milei storm Al Aqsa, perfom Talmudic rituals

Argentina to relocate embassy to occupied al-Quds by 2026, Milei says

The winner of the presidential election will take office on December 10 for a four-year term.

The impending October election occurs amid an economic crisis in the Latin American nation, marked by surging inflation and increasing poverty rates. Such circumstances have led to skepticism toward traditional politicians.

To address the economic challenges and dwindling foreign reserves, the government has implemented stringent currency controls and increased import taxes on businesses to stabilize the dollar.

Who is Javier Milei?

The primaries in Argentina introduced a new far-right face, Javier Milei, who will be facing Patricia Bullrich and Sergio Massa in the October elections. Milei is an economist with an ideology best described as conservative and libertarian. 

His far-right sentiment is not a secret. Milei is a staunch supporter of former Brazilian President Jair Bolsonaro and former US President Donald Trump and is close to the Spanish Vox party.

Milei’s rockstar appearance is appealing to youngsters in Argentina. However, his social views are less appealing. According to reports, he supports gun rights and wants to permit the sale of organs.

  • Javier Milei
  • Santiago Cafiero
  • de-dollarization
  • Argentina

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Displaced Palestinians walk through a makeshift camp along the beach in Gaza City, Sunday, Aug. 10, 2025 (AP)

Hamas, other factions accept Egypt-Qatar ceasefire proposal: Exclusive

  • Politics
  • 18 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS