🇦🇷🗳💵 What's in store for Argentina?
The victory of libertarian Javier Milei in the presidential election has left no one in Argentina indifferent. While some are crying over Sergio Massa's speech admitting his defeat, others are jumping in the streets shouting "Liberty, liberty!"
Milei, a self-described 'anarcho-capitalist,' plans to get rid of the central bank and the national currency in favor of the U.S. dollar and eliminate some of the ministries. He also plans to cut government spending.
🔻Milei opposes cooperation with China, Brazil and Russia, favoring the United States. And his future office has already spoken out against Argentina joining BRICS in 2024. That said, it is unclear how Milei plans to deal with IMF debts without China's help: in recent months, Economy Minister (and Milei's rival) Sergio Massa has been heavily relying on the yuan to pay off IMF debts.
Relations with Brazil are about to become tense: President Lula da Silva said the elections were democratic and wished the "new government good luck," but he did not call Milei by name or congratulate him personally. The fact that Milei openly supports former President Jair Bolsonaro will hinder cooperation.
🔻Milei's victory resulted from the population's fatigue from the prolonged economic crisis. As a future president, Milei is betting heavily on ties to the U.S. and the dollar. However, if he is reckless in his actions, he risks plunging the country into an even bigger crisis. This in turn will cause the IMF to increase the country's debt load, as it happened under Macri.
When companies go bankrupt, American and European financial corporations will gladly buy their assets at a cheap price. We have already seen this scenario unfold in countries engulfed in military conflicts (Ukraine) or an economic crisis (Turkey).
🔻That said, Milei's bloc does not have a majority in Congress, so his office will have to work on forming alliances to push through legislation.
#Argentina #election #US #Brazil #China #IMF
☠️ Blood Meridian
The victory of libertarian Javier Milei in the presidential election has left no one in Argentina indifferent. While some are crying over Sergio Massa's speech admitting his defeat, others are jumping in the streets shouting "Liberty, liberty!"
Milei, a self-described 'anarcho-capitalist,' plans to get rid of the central bank and the national currency in favor of the U.S. dollar and eliminate some of the ministries. He also plans to cut government spending.
🔻Milei opposes cooperation with China, Brazil and Russia, favoring the United States. And his future office has already spoken out against Argentina joining BRICS in 2024. That said, it is unclear how Milei plans to deal with IMF debts without China's help: in recent months, Economy Minister (and Milei's rival) Sergio Massa has been heavily relying on the yuan to pay off IMF debts.
Relations with Brazil are about to become tense: President Lula da Silva said the elections were democratic and wished the "new government good luck," but he did not call Milei by name or congratulate him personally. The fact that Milei openly supports former President Jair Bolsonaro will hinder cooperation.
🔻Milei's victory resulted from the population's fatigue from the prolonged economic crisis. As a future president, Milei is betting heavily on ties to the U.S. and the dollar. However, if he is reckless in his actions, he risks plunging the country into an even bigger crisis. This in turn will cause the IMF to increase the country's debt load, as it happened under Macri.
When companies go bankrupt, American and European financial corporations will gladly buy their assets at a cheap price. We have already seen this scenario unfold in countries engulfed in military conflicts (Ukraine) or an economic crisis (Turkey).
🔻That said, Milei's bloc does not have a majority in Congress, so his office will have to work on forming alliances to push through legislation.
#Argentina #election #US #Brazil #China #IMF
☠️ Blood Meridian
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Forwarded from Russian MFA 🇷🇺
#Outcomes2025
🎙 Russia's Foreign Minister Sergey Lavrov during his annual news conference on the Russian diplomacy outcomes in 2025 (January 20, 2026)
💬 Sergey Lavrov: We are witnessing tectonic shifts affecting the entire global order.
It is telling that the West, which over the past decade actively sought to oppose international law in its original, principled interpretation with its own concept of a so-called “rules-based world order”, has now largely dropped this term from its vocabulary.
All Western European countries are currently trying to make sense of what is happening in the world in the context of the course announced and pursued by the US President, a course that formally fits into the “rules-based order”. The difference is that these “rules” are no longer written by the “collective West”, but by its single representative. For Europe, this has come as a profound shock. We are observing the situation closely.
👉 It is clear that the developments we are witnessing, as well as the actions announced by President Trump on the international stage, reflect an intensifying competitive struggle.
We have repeatedly spoken about recent trends in global economic development. China, operating within the very rules that the West – led by the US – laid down as the foundation of the globalization model promoted worldwide until recently, has outperformed its Western competitors in trade, the economy, investment and infrastructure projects. China's economic and financial indicators speak for themselves.
We see attempts to counter this situation through sanctions, tariffs and duties. The US seeks to negotiate, yet this is happening in the absence of any common criteria that until recently underpinned the work of the #IMF, the #WorldBank and the #WTO. All those rules on which a Western-friendly world order was supposed to be based have effectively been cast aside.
⚔️ What is unfolding is a game of “might makes right”. We are all witnessing this.
We can discuss how conceptual approaches to world order are changing and how concrete processes are developing in the course of an interactive dialogue. However, the consequences of this line are felt not only by countries of the Global South and East – crisis tendencies are also accumulating within Western societies themselves.
Greenland is a clear example. It is on everyone’s lips, and the debates unfolding around it would have been difficult to imagine not so long ago – including discussions about the prospects for NATO’s continued existence as a unified Western military-political bloc.
As for Greenland, our position is simple: if Western countries choose to deal with one another “by mob rules”, that is their choice and their right.
🇷🇺 For our part, Russia will conduct relations with all our partners – both from the Global Majority and from among Western countries – who are genuinely interested in engaging with Russia and discussing concrete, mutually beneficial projects ☝️ on the basis of equality.
📺 Watch the news conference in full
🎙 Russia's Foreign Minister Sergey Lavrov during his annual news conference on the Russian diplomacy outcomes in 2025 (January 20, 2026)
💬 Sergey Lavrov: We are witnessing tectonic shifts affecting the entire global order.
It is telling that the West, which over the past decade actively sought to oppose international law in its original, principled interpretation with its own concept of a so-called “rules-based world order”, has now largely dropped this term from its vocabulary.
All Western European countries are currently trying to make sense of what is happening in the world in the context of the course announced and pursued by the US President, a course that formally fits into the “rules-based order”. The difference is that these “rules” are no longer written by the “collective West”, but by its single representative. For Europe, this has come as a profound shock. We are observing the situation closely.
👉 It is clear that the developments we are witnessing, as well as the actions announced by President Trump on the international stage, reflect an intensifying competitive struggle.
We have repeatedly spoken about recent trends in global economic development. China, operating within the very rules that the West – led by the US – laid down as the foundation of the globalization model promoted worldwide until recently, has outperformed its Western competitors in trade, the economy, investment and infrastructure projects. China's economic and financial indicators speak for themselves.
We see attempts to counter this situation through sanctions, tariffs and duties. The US seeks to negotiate, yet this is happening in the absence of any common criteria that until recently underpinned the work of the #IMF, the #WorldBank and the #WTO. All those rules on which a Western-friendly world order was supposed to be based have effectively been cast aside.
⚔️ What is unfolding is a game of “might makes right”. We are all witnessing this.
We can discuss how conceptual approaches to world order are changing and how concrete processes are developing in the course of an interactive dialogue. However, the consequences of this line are felt not only by countries of the Global South and East – crisis tendencies are also accumulating within Western societies themselves.
Greenland is a clear example. It is on everyone’s lips, and the debates unfolding around it would have been difficult to imagine not so long ago – including discussions about the prospects for NATO’s continued existence as a unified Western military-political bloc.
As for Greenland, our position is simple: if Western countries choose to deal with one another “by mob rules”, that is their choice and their right.
🇷🇺 For our part, Russia will conduct relations with all our partners – both from the Global Majority and from among Western countries – who are genuinely interested in engaging with Russia and discussing concrete, mutually beneficial projects ☝️ on the basis of equality.
📺 Watch the news conference in full
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