Argentina's newly elected president, Libertarian Javier Milei, sworn into office

Argentina’s newly elected president, Javier Milei, a self-described anarcho-capitalist whose sensational rhetoric drew comparisons to former U.S. President Donald Trump, was sworn into office on Sunday

During his inaugural address, Milei reportedly spoke about the nation’s economic emergency and sought to prepare the public for a major adjustment to public spending cuts.

"We don’t have alternatives and we don’t have time. We don’t have margin for sterile discussions. Our country demands action, and immediate action.