"Argentina's President Milei Vows Economic Shock Treatment in Inaugural Speech"

Argentina's new far-right president, Javier Milei, has vowed to implement economic "shock treatment" and harsh austerity measures in his first speech after taking office. He warned Argentines that there is no money and pledged to undo "decades of decadence" through deep spending cuts to reduce public debts and drive down inflation. Milei, known for his radical right-wing platform, has risen rapidly to power with promises to restrict abortion rights, liberalize gun laws, and deny climate change. However, he will face political limitations as he attempts to address the country's economic crisis, including a falling currency, soaring poverty levels, and a deep recession. Milei's honeymoon period will likely be short as he works to deliver on his radical promises.