“We are genuinely very satisfied,” declared President Javier Milei of Argentina on local radio, after inflation in February fell by more than expected, to 13%. That, however, is the monthly figure. Over the past year it has amounted to 276%—the highest in the world. Inflation of just 8% annually has rattled politics in richer countries.
Argentina's President-elect Javier Milei announced Monday in a broadcast interview that he would privatize the state-run Public TV (TVP), National Radio, and the news service Télam because he did not adhere to those practices of having a covert Ministry of Propaganda. He also explained he had plans for the oil company YPF and flag carrier Aerolíneas Argentinas to no longer hinge financially on the national treasury.