Argentina
Argentina’s new president lays off 5,000 government employees
Javier Milei has vowed to drastically cut the size of the South American nation's government.
With inflation expected to reach about 200 percent by the end of the year, Milei has pledged to reduce government regulations and payrolls, and allow the privatization of state-run industries as a way to boost exports and investment.
The cutbacks hav... [890 chars]
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