Argentine President Javier Milei had a warning for Western nations while addressing the World Economic Forum in Davos. Milei spoke about the growing risk of socialism and state intervention in the West. The Argentine leader used his own country as an example. He said Argentina was once one of the richest countries in the world due to its farm sector, but more than 40 percent of its population now lives in poverty. Milei is a libertarian economist who was elected in November. Since taking office, Milei has revoked price controls, reduced regulations and is trying to privatize state-owned companies.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.