Javier Milei Braces Argentines for Economic Shock as He Takes Office

‘Just like the fall of the Berlin Wall marks the end of a tragic era for this world, this election marks the turning point of our history,’ new president said.

President of Argentina Javier Milei greets supporters after his inauguration ceremony at the Casa Rosada Presidential Palace in Buenos Aires, Argentina, on Dec. 10, 2023. Marcos Brindicci/Getty Images

BUENOS AIRES, Argentina—Javier Milei was inaugurated as Argentina’s new president on Dec. 10 as thousands of enthusiastic Argentines gathered to hear his first speech.

“Today, we are burying decades of failures, internal infighting, and senseless disputes,” President Milei said in front of the National Congress of Argentina.