Free Republic

Russian President Vladimir Putin insisted last August that a drop in the importance of the U.S. dollar was "irreversible"—but there appears to be no sign that the global economy is turning its back on the greenback. "The U.S. Dollar was used in 48% of international payment transactions last year, the highest level in more than a decade. But Brics...," it said next to the graph, which showed the euro making 23.2 percent of transactions and the Chinese yuan way behind at 3.47 percent. "BRICS countries would like their currencies to be used in world trade, but each has a major...

“In fact, it shows Louis Tomlinson fans near Four Seasons Hotel in Buenos Aires, Argentina last week,” a fellow BBC fact-checker said of the 32-year-old singer and one-time Harry Styles bandmate in One Direction. The footage, also shared by numerous online influencers, was just one of a number aired by Iran’s state TV claiming to show scenes of devastation from the weekend’s air strikes, despite Israel shooting down around 99% of the drones and missiles fired at the Jewish state. Another that IRINN claimed to be the fiery aftermath of a missile strike was actually from a February forest fire...

The Iranian regime has been at war with Israel, the United States, and the West roughly since the Ayatollah overthrew the Shah of Iran. It is not a war that Israel has chosen. It is a war that has been thrust upon it by a regime of genocidal maniacs. Thirty years after the fact the Court of Cassation in Buenos Aires issued a ruling blaming Iran for bombing the Asociación Mutual Israelita Argentina—a Jewish community center in Buenos Aires—on July 18, 1994, using its terrorist proxy Hezbollah. The attack left 85 dead and more than 300 wounded. The court called...

Space X CEO Elon Musk and Argentinian President Javier Milei have met in Texas and spoke about working together to promote free markets and potential lithium projects. President Javier Milei’s chief spokesperson said that during their visit to Tesla’s Austin headquarters, the two talked about a range of issues, including the need to boost declining birth rates globally and the pursuit of technological advancement while upholding “liberty.” Musk has previously expressed his admiration for Milei’s unabashed support of private enterprise as well as his distaste for what he considers to be socialist excesses.

Our ancestors may have kept foxes as pets long before domestic dogs came on the scene. Archaeological evidence suggests ancient human societies in South America revered foxes to such an extent that they were buried next to them. Scientists were surprised to find a fox buried in a human grave dating back 1,500 years in Patagonia, Argentina. They think the most likely explanation is that the fox was a highly valued companion or pet. DNA analysis shows the animal dined with prehistoric hunter gatherers and was part of the inner circle of the camp. A fox of the same species...

Argentine President Javier Milei blamed politics for being unable to fulfill his campaign promise of dollarizing the country's economy, suggesting that such a move could have led to his impeachment. "It's not that it wouldn't have been unfeasible to do that in technical terms, but we did infer that in political terms, politics was going to play dirty," Milei said during an interview with Bloomberg last week. During the interview, Milei spoke of the challenges he faces as the leader of the South American country, including a "bankrupt" central bank and a "fiscal, monetary, and currency disaster of extravagant proportions."...

Javier Milei promised to get to work to turn around Argentina’s struggling economy. After decades of left-wing economic policies under Peronism, the people of this South American nation had enough last year. Inflation is through the roof in Argentina, where 40 percent of the population now lives in poverty. While the nation’s left-leaning political elements tried to cast Milei as insane and a threat to democratic norms, the Argentinian people saw that the economy needed radical changes, and who else to lead that than the man who wields a chainsaw at political rallies, who wants to wage war against “s**t...

Moscow has been on a drive to replace the use of the US dollar in international trade, but there are barrels of Russian oil stuck at sea due to issues with paying in alternative currencies. Shipments of Russian Sokol grade crude oil to state-owned Indian Oil Corp, or IOC, have been delayed by payment issues, Reuters reported on Tuesday, citing two sources familiar with the matter. The seller is the state-owned Russian oil company Rosneft. The problem arose because Rosneft unit selling the oil hasn't been able to open a bank account in the United Arab Emirates to receive payments...

If Javier Milei can pull Argentina out of the red, we can do it here. A day after his pumped-up divisive State of the Union address, unsurprisingly headlined “fiery” by the copycat media lackeys, President Biden speaking in Pennsylvania reverted to his old befuddled self. "Pennsylvania, I have a message for you: send me to Congress!" "Last night [at] the U.S. Capitol -- the same building where our freedoms came under assault on July the 6th!" "We added more to the national debt than any president in his term in all of history!" Well, the last statement is true. I’ll...

Javier Milei: "I brought the Ukrainian flag because those of us who support the ideas of freedom cannot tolerate or support an invasion like Russia has done to Ukraine,” Milei said before the Argentinian legislative assembly. When questioned about the Argentinian government’s stance on Russian aggression in Ukraine, Milei criticized it, stating that the government's position is weak, and that it has been complicit in supporting the worst dictatorships.

Posted for the Martin Armstrong Ping List.Dedicated to discussing and exposing the “Felon Forecaster” who spent a eleven years in prison for fraud.This is to critically evaluate and expose, not agree with what is written. Armstrong foes, friends, and the curious as what this is all about are welcome.More information at Martin Armstrong Socrates Scam.Argentina to Permit Provinces to Create Own Currencies Posted Jan 18, 2024 By Martin Armstrong | 3 minute readCOMMENT: It is apparent that you are advising Argentinian President Javier Milei on economic theories. You said at the WEC that we would eventually see local currencies. If...

Good afternoon. Thank you very much. Today I’m here to tell you that the Western world is in danger. And it is in danger because those who are supposed to have to defend the values of the West are co-opted by a vision of the world that inexorably leads to socialism and thereby to poverty. Unfortunately, in recent decades, the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism. Some have been motivated by well-meaning individuals who are willing to help others, and others have been motivated by the...

In an election held on Sunday, Argentina chose as its new President self-described libertarian Javier Milei. Milei won by a not-close margin of about 56/44 over Sergio Massa, who has been the economics minister under the incumbent President Alberto Fernandez. Milei is known for a bombastic style of speaking, and for using a chainsaw in his campaign appearances as a symbol of how he plans to hack away at the government. He is also known for having even worse hair than Donald Trump. Current President Fernandez is what they call in Argentina a “Perónist.” That’s after Juan Perón, who became...

@LeadingReport BREAKING: Former President Trump plans to visit newly elected Argentinian President Javier Milei in Buenos Aires soon.

Former U.S. President Donald Trump will visit Buenos Aires to meet with Argentine President-elect Javier Milei, the latter's press office said in a statement on Thursday following a call between them. Argentine libertarian Milei won the presidential run-off with some 56% of the vote, well ahead of Peronist Economy Minister Sergio Massa's 44%. Milei, who takes office on Dec. 10, is pledging economic shock therapy, with measures including shutting the central bank, ditching the peso and slashing spending. Trump's office did not immediately reply to a request for comment.

The Ministry of Defense issued a resolution announcing that it would 'eliminate incorrect forms of language,' and a presidential spokesman said the ban would extend throughout the national public administration. (LifeSiteNews) — Argentine President Javier Milei expanded his ban on “inclusive language” in the military to apply to all areas of the nation’s government. On February 23, the Ministry of Defense issued a resolution announcing that it would “eliminate incorrect forms of language” that do not “correspond to the regulations set by the Royal Spanish Academy (RAE) and the Argentine Academy of Letters.” The RAE sets the universal standardization of...

The socialist element in Argentina is having a tough time at the moment as newly elected President Javier Milei continues shrinking the government and working to make Argentinians more free. After months of cutting government programs and laying off government employees, he is now threatening to shut down a state-run news agency.During the president’s inauguration of the 142nd period of an ordinary session in the National Congress on Friday, he proposed the “Pact of May 25” and announced that he was closing the Télam news agency, referring to it as a “Kirchnerist propaganda agency.”Milei reaffirmed his commitment to eliminating the...

In a gesture of support for Ukraine, Argentina has donated two Mi-171E multipurpose helicopters to the country, originally acquired from Russia, as reported by the Financial Times on February 29. The decision for the transfer was personally endorsed by Argentinian President Javier Milei. President Milei, who has expressed a preference for fostering relationships with nations that prioritize freedom, such as the United States, Israel, and Ukraine, has made a significant move by donating these military helicopters, which were initially manufactured in Russia. The specifics of the agreement between Argentina and Ukraine were not made public.

This is certainly not a knock against Thomas Sowell (he holds a special place in my heart), and this is not to discourage anyone from reading one of his most recognized and invaluable works, Basic Economics, but it is a giant book, and for the less-informed intellectual slowpokes of the left, it’s unlikely they’ll be able to get through it So, let’s just go with Afuera101, and use new Argentinian president Javier Milei’s budget cuts as a very simple illustration of what the first course of action should be for a political executive who wants to save an economy: slash...

Argentinian President Javier Milei’s figurative chainsawing of the government bureaucracy appears to be paying off – and he is only about two months into his presidency. The country reported its first monthly budget surplus in almost 12 years, signaling a seismic shift in policy under Milei’s administration.This achievement marks a tremendous accomplishment under its new libertarian leader, who ran on a platform of shrinking the government as much as possible.The government of Argentina has posted its first monthly budget surplus in more than a decade — a major milestone for the new libertarian president, Javier Milei. His economic and budgetary...