From outsider to vanguard: Milei leads Argentina's sovereignist shift

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At the beginning of his second year in office, Argentina's President Milei returns to Davos, aligning with the sovereignist right. He touts economic gains like halved inflation while facing criticism at home for rising poverty and inequality.

Milei at Davos, one year later: “I am no longer alone,” declares Argentina's president as the country aligns with the sovereignist right represented by Trump, Meloni, Netanyahu, Orban, and Bukele. He praises the “incredible Musk,” vilified by woke ideology.

The Argentine president missed the opportunity to address an opportune audience on the generally improved macroeconomic data in the country at the beginning of his second year in office: inflation has halved but remains stable at 119 percent, and the first surplus in 12 years has been recorded.

However, the economic measures of Argentina's disruptive leader come at a high cost: a shrinking GDP, a poverty rate exceeding 50 percent, rising inequality, and wages losing 6.8 percent of their purchasing power.

Milei's intervention at Davos was primarily political, focusing on eradicating woke ideology in the West to restore the pillars of civilization: the defense of life, liberty, and private property. He expressed strong opposition to abortion, feminism, gender ideology, and ecological movements.