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Economy & Business - August 2025

ARGENTINA: Milei’s row with VP dampens economic success

In recent years, Argentines have become used to President Javier Milei’s inflamed rhetoric as part of his sui generis public relations strategy, at times bashing his foes or floating trial balloons, and at times just venting. But when he exchanged barbs with Vice President Victoria Villarruel in July pundits raised red flags and investors sat on the edge of their seats. Memories were all too fresh of the frequent rows Milei’s predecessor, Alberto Fernández (2019-2023), had with then-vice president Cristina Fernández. That tense relationship hobbled economic policy and other legislative initiatives for much of their four-year term.

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