Argentina elects outsider Javier Milei on platform of radical reform

Milei, a self-described ‘anarcho-capitalist’, has promised to slash public spending by 15 percent and abolishing the central bank. Argentina has elected libertarian outsider Javier Milei as its next president, taking a chance on the eccentric economist’s programme of radical economic reform after decades of stagnation. Milei’s win on Sunday heralds a dramatic shake-up of the Latin American country’s economy and institutions amid public anger over high inflation and record poverty rates under the centre-left Peronist coalition. Economic Minister Sergio Massa conceded defeat as provisional results showed Milei with 56 percent...