Why Argentina's Milei is facing his toughest moment yet | FT #shorts

Argentina's president Javier Malay is facing his toughest moment yet. His approval ratings have fallen sharply in recent months from the mid-40s to the mid-30s. The main reason is the economy.Mele has tamed Argentina's severe inflation crisis, bringing the annual rate down from almost 300% to 32%. But that stability for many Argentines hasn't translated into higher living standards. Real wages have been falling in recent months and unemployment is rising as previously protected industries like manufacturing ...