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The streamlined blueprint has already gotten positive feedback from private sector organizations.

President Javier Milei announced sweeping reforms to reduce the hand of the state in Argentina’s economy, including steps to privatise companies, facilitate exports and end price controls, in a bold political move that’s likely to face pushback in congress and courts.

(Bloomberg) -- The government of Javier Milei won’t lift currency controls immediately after taking office on Dec. 10, while keeping dollarization as a medium-term goal for Argentina, a key member of the president-elect’s team told bankers Friday, according to two people familiar with the conversation.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia Outbreak‘Fear Gauge’ Hits 2020 Low as Stocks Up This Week

Argentina's political landscape takes a dramatic turn as libertarian outsider Javier Milei secures an unexpected presidential victory.

(Bloomberg) -- Inflation eased in both the US and UK, prompting bets that central banks on both sides of the Atlantic will start cutting interest rates by the middle of next year.Most Read from BloombergBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionXi’s Big Week Ends With Rare Win