The Wall Street Journal

Argentina’s new president wants to adopt the US dollar as the national currency

Argentina’s new president wants to adopt the US dollar as the national currency
President-elect Javier Milei. (Image: Getty)
The Wall Street Journal
The self-styled anarcho-capitalist who won Argentina’s presidency on Sunday plans to ditch his nation’s peso and adopt the US dollar as the national currency.President-elect Javier Milei’s top campaign proposal was aimed at eradicating rampant inflation that has for decades ravaged Latin America’s third-biggest economy by removing the battered national currency from circulation and stripping the central bank of its power to print money. Uncontrolled money-printing to cover public expenditures, economists say, has fu...

More World

Oracle’s Ellison now rivals Musk as world’s richest person
Technology

Oracle’s Ellison now rivals Musk as world’s richest person

The 81-year-old Oracle founder has enjoyed a $200 billion bump in his fortune.

US Supreme Court to hear Trump tariff case in Nov
World

US Supreme Court to hear Trump tariff case in Nov

Trump's administration asked the court for an expedited ruling preserving the tariffs.

AFP 10 Sep 2025
Most Asian markets rise on US rate hopes
Markets

Most Asian markets rise on US rate hopes

Investors are awaiting the release of fresh data on prices this week.

AFP 09 Sep 2025
$10.5m for low-cost alternative to dying satellite
Technology

$10.5m for low-cost alternative to dying satellite

The Endeavour funding is to develop new ozone-monitoring tech using micro-satellites.

Greg Hurrell 08 Sep 2025