Argentine President Javier Milei has sparked political controversy following a national broadcast where he announced a legislative proposal to penalize lawmakers approving budgets with fiscal deficits. This move has drawn sharp criticism from prominent political figures, including Vice President Cristina Fernández de Kirchner, who warned Milei might be forcibly removed from office, and Buenos Aires Governor Axel Kicillof, who accused Milei of economic mismanagement and spreading misinformation. Despite the backlash, Milei's reforms have been credited with stabilizing Argentina's volatile foreign exchange market and have received praise from some investors, although corporate defaults have increased. The government is also facing challenges such as a shortage of pesos in the market and high interest rates on short-term loans. In response to recent legislative setbacks, Milei hosted a dinner at the Quinta de Olivos with allied deputies to strategize on strengthening his administration. Additionally, Milei is involved in international diplomacy, contributing to a $1 million initiative to improve relations between Israel and Latin American countries amid Israel's contentious Gaza operations. Economic advisors like José Luis Daza have been commended for their role in averting further crises, while internal political dynamics continue to evolve as Milei's coalition navigates opposition in Congress ahead of upcoming elections.
Javier Milei, en vivo: las últimas medidas del Gobierno https://t.co/Bj1SzmeSbN https://t.co/LlLsNov2ZE
Javier Milei convocó a una cena en Olivos a Martín Menem y algunos diputados de LLA por los vetos a leyes clave https://t.co/OqJFFnmRf9
El presidente Javier Milei será anfitrión esta noche de una cena en la Quinta de Olivos con diputados del bloque de La Libertad Avanza y de bancadas aliadas, luego del revés en la Cámara baja de la semana pasada cuando la oposición aprobó revertir medidas del Gobierno. ¿Qué https://t.co/zr2mgl3PYx